Ambient wins ConEd Smart Grid contract

Source:Ambient Corp.


Ambient Corporation
(NASDAQ: AMBT), provider of a secure, flexible, and scalable communications and applications platform, today announced that Consolidated Edison Company (ConEd) of New York, Inc. (NYSE: ED) has contracted Ambient® to provide application development and communications equipment to replace discontinued technology for commercial and industrial metering. Following a year of testing and a successful pilot, this contract award signals the acceptance of the Ambient solution for a roll-out to further locations across the New York City area.

ConEd needed a solution to interface with Commercial and Industrial (C&I) meters at remote customer premises to collect and transmit data directly to their control center. Ambient's Smart Grid Nodes were selected due to their ability to meet all the specified criteria," stated David Masters, Ambient's Chief Technology Officer. "In addition, Ambient developed an application hosted locally on our node to collect, store, and transmit data from the meters."

"It is a testament to the versatility of our communications and applications platform that Consolidated Edison selected Ambient for this commercial and industrial project," said John J. Joyce, President and CEO of Ambient Corporation.

Ambient Corporation helps utilities modernize the grid with IP-based networking products and applications that integrate and connect existing and future grid assets on a secure, flexible, and scalable smart grid communications platform. Ambient's Smart Grid Node family enables real-time data communication for multiple applications, in parallel: smart metering, distribution automation, power quality monitoring for voltage optimization, and more.

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