Thursday, 17 April 2008

Ambient receive $11m order for Smart Grid initiative

Ambient received a purchase order for 9000 units of the X-2000 - a communication node.

With a maximum value of $11.0 million, the purchase order includes licensing of Ambient’s Network Management System, AmbientNMS™, and engineering support in building out an intelligent grid/intelligent-metering platform.

"Ambient will be supporting utility applications for smart grid and Utility of the Future initiatives. Initially, we will be building out the communications platform, Ambient Smart Grid™, for 'last mile' backhaul supporting the utility’s plan to reach approximately 50,000 end points," stated John J. Joyce, President and CEO of Ambient.

A communications platform such as the Ambient Smart Grid™ is necessary for utilities to complement a full suite of smart grid applications, which include Advanced Meter Reading (AMR), real-time pricing, Demand Side Management (DSM) and direct load control. When combined, these applications can offer economic, operational and environmental benefits for utilities and utility customers. This platform helps utilities meet growing energy demand with their existing legacy systems by increasing the efficiency and functionality of the electrical distribution grid.

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