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ABTG Alfio Bardolla Training Group Spa

2.59
-0.01 (-0.38%)
26 Jul 2024 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Type
Alfio Bardolla Training Group Spa BIT:ABTG Italy Ordinary Share
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  -0.01 -0.38% 2.59 2.50 2.70 2.59 2.54 2.54 4,200 16:40:00

Ambient Announces Its Newest 'All-in-one' Solution, Ambient X-3100 Smart Grid Node

13/01/2010 1:30pm

PR Newswire (US)


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X-3100 Node Integral Part of the Ambient Smart Grid(R) Platform BOSTON, Jan. 13 /PRNewswire-FirstCall/ -- Ambient Corporation (OTC Bulletin Board: ABTG) today announced the newest version of its X-series smart grid node, the X-3100. The Ambient® X-3100 smart grid node allows electric utilities to quickly and efficiently deploy a two-way data communications network designed to connect to all devices and applications on the smart grid. (Logo: http://www.newscom.com/cgi-bin/prnh/20091012/NE90671LOGO ) "The X-3100, already purchased and deployed in the field, is the next step in delivering the critical communications capability for monitoring, and sensing technologies vital for utilities to enable the power grid to see, locate and help manage the demands of the smart grid," stated John J. Joyce, President and CEO of Ambient Corporation. "The upgradable X-3100 offers the speed and bandwidth for present and future smart grid needs, bringing the technology of yesterday into today's smart grid, while enabling the technology of tomorrow." . The new X-3100 is the latest model of Ambient's X-series node, first deployed by utilities in 2002. Utilities can now ramp up their smart grid programs by deploying smart grid assets at strategic locations, connecting current and future smart grid devices without an upfront investment in a full build-out. The X-3100's open standards and IP-based technology provides a communications platform, via both wired and wireless technologies, and can integrate with any IP-based smart grid devices, regardless of manufacturer or communication protocol. Key features of the X-3100 include: -- Industry's only smart grid device that internally incorporates all the required protocols and technologies to connect to any smart grid application -- Proven, field ready and already deployed device -- Connects all smart grid devices, including smart meters, and applications under one uniform communications platform - regardless of manufacturer -- Has speed and bandwidth for today and tomorrow's smart grid -- Incorporating the Ambient EDC module, provides a migration path from legacy systems to smart metering -- Uses standard GPS technology to provide precision location information -- Only commercially deployed node certified by Verizon Wireless As the X-3100 interfaces with standard GPS technology to provide precision location information, it can assist utilities in pinpointing line condition or outage problems. As with its predecessor models, the X-3100 can be managed with Ambient's network management system, AmbientNMS®, or with any SNMP-based system the utility chooses to use. The X-3100 also supports value-added applications such as the energy sensing and reporting capability developed by Ambient and supports third-party metering and sensoring applications. Ambient's smart grid nodes allow utilities to build private and secure communications networks, based on open standards, that can both integrate legacy utility systems and support the future requirements of the evolving smart grid. Such an option is required by the growing applications and needs within the utility market. The X-3100 is certified for use on Verizon Wireless' network and has the ability to run on other provider's networks. About Ambient Corporation Ambient designs, develops and markets Ambient Smart Grid® communications technologies and equipment. Using open standards-based technologies along with in-depth industry experience, Ambient provides utilities with solutions for creating smart grid communication platforms and technologies. Headquartered in Newton, MA, Ambient is a publicly traded company (OTC:ABTG) (BULLETIN BOARD: ABTG) . More information on Ambient is available at http://www.ambientcorp.com/. This press release contains forward-looking statements that involve substantial uncertainties and risks. These forward-looking statements are based upon our current expectations, estimates and projections about our business and our industry, and that reflect our beliefs and assumptions based upon information available to us at the date of this release. We caution readers that forward-looking statements are predictions based on our current expectations about future events. These forward-looking statements are not guarantees of future performance and are subject to risks, uncertainties and assumptions that are difficult to predict. Our actual results, performance or achievements could differ materially from those expressed or implied by the forward-looking statements as a result of a number of factors, including but not limited to, changes in economic conditions generally and our market specifically, market acceptance of new products, changes in economic conditions generally and the smart grid market specifically, changes in technology, legislative or regulatory changes that affect us, the availability and sufficiency of working capital, introduction of competing products and the risks and uncertainties discussed under the heading "RISK FACTORS" in Item 1 of our Annual Report on Form 10-K for the fiscal year ended December 31, 2008, and in our other filings with the Securities and Exchange Commission. We undertake no obligation to revise or update any forward-looking statement for any reason. Ambient, Ambient Smart Grid, Communications for a Smarter Grid and AmbientNMS are registered trademarks of Ambient Corporation with the U.S. Patent and Trademark Office. http://www.newscom.com/cgi-bin/prnh/20091012/NE90671LOGO http://photoarchive.ap.org/ DATASOURCE: Ambient Corporation CONTACT: Anna E. Croop, Director, Corporate Communications of Ambient Corporation, +1-617-614-6739, Web Site: http://www.ambientcorp.com/

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