Ambient Corporation and ELO Sistemas Eletronicos Partner to Bring Advanced Smart Grid Solutions to South America
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NEWTON, Mass. and SAO PAULO - Ambient Corporation (NASDAQ: AMBT), provider of a secure, flexible and scalable smart grid communications and applications platform, and ELO Sistemas Eletronicos, a leading metering technology provider based in Brazil, together announced their partnership to bring smart grid communications technology to South America. The partnership combines Ambient Smart Grid(®) Platform communications technology and network management software with ELO's leadership position in electronic meters and smart meter solutions.
Ambient's flexible platform enables utilities to deploy and integrate multiple smart grid applications and technologies, in parallel, on a single communications infrastructure. Delivering best in class, end-to-end smart grid technology solutions, Ambient partners with systems integrators, smart grid technology vendors and communications service providers.
The partnership will enable ELO to bring advanced communications technologies for smart meter reading applications to their utility customers. The two companies expect to have the integrated system ready for pilot in 2012 in preparation for volume rollouts beginning in 2013.
"We are excited to provide our customers with the added benefits of Ambient's IP, standards-based, open platform architecture ensuring interoperability of technologies," said Marcos Rizzo, Vice President, Business Development for ELO Sistemas Eletronicos. "By leveraging Ambient's communications platform, we will deliver greater grid visibility, control and financial returns for our customers."
This partnership permits ELO to sell and deploy Ambient Corporation's award-winning technology platform, allowing ELO to respond quickly, cost-effectively and efficiently to a wide range of utility needs.
"The leading solutions provider in Brazil and throughout South America, ELO is well positioned for growth in this emerging market," said Jim Fisher Vice President, Business Development for Ambient Corporation. "ELO is building a robust partnership program to better position themselves which we are pleased to be collaborating."
About Ambient Corporation
Ambient designs, develops and sells the Ambient Smart Grid(® )communications platform. The Ambient Smart Grid products and services include communications nodes; a network management system, AmbientNMS(®); integrated applications; and maintenance and consulting services. Using open standards-based technologies along with in-depth industry experience, Ambient provides utilities with solutions for their smart grid initiatives. Headquartered in Newton, MA, Ambient is a publicly traded company (NASDAQ: AMBT). More information on Ambient is available at www.ambientcorp.com.
About ELO Sistemas Eletronicos
Founded in 1980, ELO Sistemas Eletronicos is a leading metering provider for the Latin America market. With offices in Brazil and Chile, ELO is recognized as a key supplier of quality electronic equipment and systems to the Brazilian and Latin American electricity supply market. ELO provides integrated product and system packages to utilities to automate processes, such as the collection and treatment of metering data. ELO is a recognized leader and innovator in the Brazilian energy market. More information about ELO can be found at www.elonet.com.br
SOURCE Ambient Corporation
CONTACT: Media Contact: Joanna Hamblin, +1-617-614-6793, jhamblin@ambientcorp.com or Roberta Corvino, +55 19 2115-4900, roberta_corvino@elonet.com.br
Web Site: www.ambientcorp.com
