Echelon Power Line Based ''e-GA(R)'' Home Network System From KyungDong Network Brings Home Automation to the Korean Mass Market.SAN JOSE San Jose, city, United States San Jose (sănəzā`, săn hōzā`), city (1990 pop. 782,248), seat of Santa Clara co., W central Calif.; founded 1777, inc. 1850. , Calif. & SEOUL, South Korea -- Echelon Corporation Echelon Corporation (NASDAQ: ELON) designs control networks to connect machines and other electronic devices, for the purposes of sensing, monitoring and control. (Nasdaq:ELON), a pioneer in control networking and the world's leading supplier of technology for the LonWorks(R) control networking platform, and KyungDong Network, a Korean home automation company, today announced the availability of the e-GA home networking solution. Consisting of boiler, lighting, security, access, and gas valve control, each product will contain a Power Line Smart Transceiver from Echelon that enables the use of existing electrical lines in a home to transfer data. The e-GA solution meets the core needs for the home automation market in Korea, estimated by KyungDong at over $139,000,000 USD USD In currencies, this is the abbreviation for the U.S. Dollar. Notes: The currency market, also known as the Foreign Exchange market, is the largest financial market in the world, with a daily average volume of over US $1 trillion. per year. KyungDong introduced the product line at the 2005 Smart Home and Home Network Show in Seoul earlier this month. "KyungDong has an extensive history of successful power line based control networking in our commercial building business using Echelon's technology," said Mr. Tae Sik Min, KyungDong Network's CEO (1) (Chief Executive Officer) The highest individual in command of an organization. Typically the president of the company, the CEO reports to the Chairman of the Board. and president. "When we began evaluating the home automation market our primary concerns were reliability, performance and ease of installation. After completing a market survey, we determined that Echelon's power line technology satisfies all of the requirements for this very strategic market." The e-GA home networking solution is ideal for both new and retrofit ret·ro·fit v. ret·ro·fit·ted or ret·ro·fit, ret·ro·fit·ting, ret·ro·fits v.tr. 1. To provide (a jet, automobile, computer, or factory, for example) with parts, devices, or equipment not in homes and is aimed at the mass market -- for the first time putting advanced home automation within reach of the average consumer in Korea. Until now, the Korean home automation market had been limited to only premium housing. KyungDong Network has broken through the price barrier with an affordable system that will be sold by a 300+ member nationwide sales channel, thereby establishing itself as the Korean market leader for home automation. Echelon's Power Line Smart Transceivers offer a robust, proven means of transferring data over existing power lines in the home. This low-cost and reliable technology is designed to drastically reduce installation time and cost, making it ideal for mass market home automation solutions. "We are very pleased to see the home automation market take such a great step forward in Korea with the introduction of the e-GA system," said Bea Yormark, Echelon's COO and president. "KyungDong is a very progressive company that is seizing a huge market opportunity. We believe that Korea offers a glimpse of the future of the home automation market, which is not surprising since Korea is one of the most 'wired' countries in the world, with almost 70% of the population using the Internet. KyungDong is the latest example of how great companies, seeking to establish a significant market position, are adopting our power line technology as a viable 'no new wires' home automation solution available today." About the e-GA Home Automation System The new system focuses on two key market needs in Korea -- convenience and safety. Home owners home owner home n → propriétaire occupant can activate and deactivate de·ac·ti·vate tr.v. de·ac·ti·vat·ed, de·ac·ti·vat·ing, de·ac·ti·vates 1. To render inactive or ineffective. 2. To inhibit, block, or disrupt the action of (an enzyme or other biological agent). 3. security systems and control digital door locks from their living room. Additionally, each member of a family can set his or her own room profile, providing a "one touch" scenario for various "mode" controls in the main room (typical of Korean apartments). Lighting switches in the e-GA system can control a maximum of four lights, and the system includes auxiliary auxiliary In grammar, a verb that is subordinate to the main lexical verb in a clause. Auxiliaries can convey distinctions of tense, aspect, mood, person, and number. room controllers that can control up to two light switches per individual room. Gas valve control is a critical safety feature of the e-GA system. Nearly every apartment in Korea has a gas supply line that has traditionally been a source of concern for home owners. The e-GA system includes remote control of the gas valve, and gas leak detection Gas leak detection can be done by use of various methods. Traditionally methods include Catalytic/IR Point Sensors and IR Open Path Sensors, more recent detection methods include Ultrasonic Gas Leak Detectors. with alert functionality via phone or SMS (1) (Storage Management System) Software used to routinely back up and archive files. See HSM. (2) (Systems Management Server) Systems management software from Microsoft that runs on Windows NT Server. (Short Message Service). Home owners access the system via a remote control unit and a television. The system also provides remote notification for emergencies to alert home owners in cases of emergencies or failures. Any failure of devices will be automatically reported to KyungDong's service center, resulting in a service call being initiated before the consumer even realizes that there is a problem. About Echelon's Power Line Technology Echelon is the industry leader in power line signaling
Line signaling is a class of telecommunications signaling protocols. Line signaling is responsible for off-hook, ringing signal, answer, ground start, on-hook unidirectional supervision for use in control networks with over 15 years of pioneering technology development. The company's power line products communicate with one another over any power lines, drastically reducing installation costs by eliminating the need for new wires or complex RF (radio frequency) components. Extremely reliable and low-cost, Echelon's power line technology is suitable for a variety of consumer product applications. The same 4th generation technology utilized in KyungDong's e-GA home automation products has been field-proven in smart electricity meters, street lighting systems, home appliances, and rail and truck control systems worldwide. About KyungDong Network KyungDong Network was founded by KyungDong Boiler, Korea's leading supplier of boilers with over 30% of the Korean market, in order to accelerate home networking based on information technology. With more than 25 years' experience in heating and boiler technology, KyungDong Network has not only improved the quality of boiler controllers but also integrated boilers with power line communications and various control technologies. Under the business motto "a global company leading comfortable residential culture," KyungDong Network is investing in the development of consumer-oriented products, and has more than 300 distributors aiding in the success of the home automation business. Today, KyungDong Network is committed to creating additional value by advancing into the home automation industry and by offering a new vision in the information society while satisfying customer needs for high functionality, efficiency and convenience. In the near future, KyungDong Network could provide customers with a wide variety of value-added services A value-added service (VAS) is a telecommunications industry term for non-core services or, in short, all services beyond standard voice calls and fax transmissions. based on the information collected from their home automation network. About Echelon Corporation Echelon Corporation (Nasdaq:ELON) is a pioneer and world leader in control networking -- networks that connect machines and other electronic devices -- for the purpose of sensing, monitoring and controlling the world around us. Echelon's component and system-level hardware and software products are used by OEMs, VARs, system integrators, utilities -- and virtually every class of institution -- to design, build, deploy and/or operate robust, scaleable, standards-based control networks and devices. Echelon technology can be found in thermostats, light switches and controllers, electricity meters, appliances, heating and air-conditioning systems, traffic signals, trains, aircraft, factories, and buildings -- in more than 50 million "smart" devices made by thousands of manufacturers. Echelon is also the creator of the LonWorks platform, an extremely robust, flexible, and expandable standards-based control networking platform upon which manufacturers can build products and applications with unparalleled reliability, security, operational integrity, flexibility, and bottom-line value. The worldwide adoption of the platform prompted the formation of LonMark(R) International, an independent trade organization that certifies LonWorks-based products against an interoperability The capability of two or more hardware devices or two or more software routines to work harmoniously together. For example, in an Ethernet network, display adapters, hubs, switches and routers from different vendors must conform to the Ethernet standard and interoperate with each other. specification that allows devices from differing manufacturers to work together; educates the market about the value of device interoperability and open control networks; and creates awareness programs for potential end-users, OEM (Original Equipment Manufacturer) The rebranding of equipment and selling it. The term initially referred to the company that made the products (the "original" manufacturer), but eventually became widely used to refer to the organization that buys the products and manufacturers, and integrators of LonMark certified See certification. products and LonMark systems. For planners, system architects, or OEM designers of control network products and families there is no better choice than Echelon. Echelon is a co-organizer of the LonWorld(R) 2005 Exhibition and Conference in Paris, France on October 20-21, 2005. Information about the LonWorld event may be found at http://www.lonworldexpo.com. Echelon is based in San Jose, California San Jose (IPA: /ˌsænhoʊˈzeɪ/) is the third-largest city in California, and the tenth-largest in the United States. It is the county seat of Santa Clara County. , with international offices in China, France, Germany, Italy, Hong Kong Hong Kong (hŏng kŏng), Mandarin Xianggang, special administrative region of China, formerly a British crown colony (2005 est. pop. 6,899,000), land area 422 sq mi (1,092 sq km), adjacent to Guangdong prov. , Japan, Korea, The Netherlands, and the United Kingdom. Further information regarding Echelon can be found at http://www.echelon.com. Echelon, LonWorks, LonMark, LonWorld, and the Echelon logo are registered trademarks of Echelon Corporation registered in the United States United States, officially United States of America, republic (2005 est. pop. 295,734,000), 3,539,227 sq mi (9,166,598 sq km), North America. The United States is the world's third largest country in population and the fourth largest country in area. and other countries. e-GA is a registered trademark of KyungDong Network. Other marks belong to their respective holders. This press release may contain statements relating to relating to relate prep → concernant relating to relate prep → bezüglich +gen, mit Bezug auf +acc future plans, events or performance. Such statements may involve risks and uncertainties, including risks associated with uncertainties pertaining per·tain intr.v. per·tained, per·tain·ing, per·tains 1. To have reference; relate: evidence that pertains to the accident. 2. to the timing and level of customer orders and demand for Echelon's Power Line Smart Transceiver and other products and services, development of markets for and acceptance of Echelon's products and services, and the ability of Echelon's Power Line Smart Transceiver and other offerings to perform as designed; risks associated with the growth of the LonWorks industry; and other risks identified in Echelon's SEC filings. Actual results, events and performance may differ materially. Readers are cautioned not to place undue reliance on these forward-looking statements forward-looking statement A projected financial statement based on management expectations. A forward-looking statement involves risks with regard to the accuracy of assumptions underlying the projections. , which speak only as of the date hereof here·of adv. Of this. hereof Adverb Formal or law of or concerning this Adv. 1. hereof - of or concerning this; "the twigs hereof are physic" . Echelon undertakes no obligation to release publicly the result of any revisions to these forward-looking statements that may be made to reflect events or circumstances after the date hereof or to reflect the occurrence of unanticipated events. |
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