NEWTON, Mass., July 9, 2012 /PRNewswire/ -- Ambient Corporation (NASDAQ : AMBT ), a leading provider of secure, flexible and scalable smart grid communications and applications platforms, announced that the X-3100 Smart Grid Node with embedded Sierra Wireless MC8355 module has been certified to operate on the Sprint network. The addition of this Sprint network certification gives North American utilities more choice and greater flexibility to fulfill their cellular communications requirements when using the field-proven Ambient Smart Grid® Platform.
"One of the key benefits of the Ambient solution is its flexibility, which we believe should be afforded not only by the communications options that we provide, but also by the potential carriers that our customers can use. We are delighted to have achieved this additional certification with Sprint, and pleased that we can now offer our customers the added functionality that the MC8355 module provides," said John J. Joyce, President and CEO of Ambient Corporation.
Ram Rao, SVP and CTO, added, "Utilizing carrier wireless networks for utility Wide Area Networks (WANs) offers an Internet Protocol (IP)-based backhaul solution, which benefits from lower latency, higher throughput and robust security. These are vital characteristics to meet the demands imposed by the growing number of smart devices and applications on distribution grids."
"With the rising demand for energy and natural resources, machine-to-machine solutions give utilities and their customers a powerful emerging tool for automating services, managing demand and promoting sustainability," said Wayne Ward, Vice President-Emerging Solutions Group, Sprint. "Our collaboration with Ambient underscores our commitment to helping the utility industry improve efficiency."
The Ambient Smart Grid Node is a purpose-built network device with advanced processing capability and memory, designed to support electric, gas and water utility communications and applications on their respective grids. It provides upstream and downstream high-speed data communications using a variety of wired and wireless technologies, including cellular, serial, Ethernet, Power Line Communications (PLC), Wi-Fi and Radio Frequency (RF) technologies.
For more information about Ambient, the Ambient Smart Grid Node or AmbientNMS, please visit: www.ambientcorp.com.
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.
Except for historical information, this press release contains statements that may be deemed to be "forward-looking statements" made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. These include statements relating to the diversification of our customer base, further development and marketing of our communications platform and cultivating projects with potential customers, among others. These forward-looking statements are based upon our current expectations, estimates and projections about our business and our industry and 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, which could have a material adverse effect on our operations and future prospects including, but not limited to, continuing compatibility of our platform with new utility applications and requirements, our ability to retain and attract customers, particularly in light of our dependence on a single customer for substantially all of our revenue; our expectations regarding our expenses and revenue, including our expectations that our research and development expenses and selling, general and administrative expenses may increase in absolute dollars; anticipated trends and challenges in our business and the markets in which we operate, including the market for smart grid technologies; our expectations regarding competition as more and larger companies enter our markets and as existing competitors improve or expand their product offerings; our plans for future products and enhancements of existing products; our anticipated cash needs and our estimates regarding our capital requirements; and our anticipated growth strategies. We undertake no obligation to publicly update or revise any forward-looking statements. Further information on the company's risks and uncertainties is available in our filings with the Securities and Exchange Commission.
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.
SOURCE Ambient Corporation