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Duke Energy Takes Steps to Further Advance Its Smart Grid Communications Architecture
September 2, 2010
CHARLOTTE, N.C. -Duke Energy has selected California-based Echelon Corporation and Massachusetts-based Ambient Corporation to further develop its grid-based communications architecture that connects various digital devices such as smart meters, power line sensors and automated power switching equipment.
“Duke Energy is building a secure smart grid network that will serve our customers today and for years to come,” said Duke Energy Chief Customer Officer Gianna Manes. “For customers to fully experience the benefits of a smarter power delivery system, we have to look beyond today’s technology and build a communications architecture that supports open, interoperable standards and enables the connection of a variety of digital devices that can evolve with future needs and changes.” Please click here to read more.
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Congressman Edward Markey Receives Chancellor’s Medal at 2010 UMass Boston Commencement
June 4, 2010
The University of Massachusetts Boston today honored Congressman Edward J. Markey with a Chancellor’s Medal for Exemplary Leadership for his more than 30 years of service and activism on Capitol Hill at the university’s 42nd commencement ceremony.
Ambient Corporation extends its congratulations to Congressman Markey and its thanks for his dedication to the smart grid industry. To read Chancellor Motley's introduction of Congressman Markey, please click here
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Verizon Wireless Offers Smart Solutions to Support Utilities' Smart Grid Projects
Advanced Wireless Communications Technology Helps Power the Future of the Smart Grid
BASKING RIDGE, N.J., and SAN DIEGO, June 2 /PRNewswire/ -- Utility companies seeking sophisticated communications platforms to support access to energy usage data and advance their smart grid projects ... read full release
From the release:
"Verizon Wireless partners with technology vendors, such as Itron Inc. and Ambient Corporation, to offer comprehensive smart grid communications solutions for the utilities industry. Itron's OpenWay® Cell Relay and Ambient's Open Smart Grid Communications Architecture are examples of solutions operating on the Verizon Wireless network that support secure, efficient two-way collection, analysis and management of energy data to promote more reliable, affordable and environmentally friendly operations."
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May 13, 2010
Ambient is excited to share with you the news that our marquee customer, Duke Energy, today announced that they have executed their agreements with the Department of Energy (Duke Energy's release).
The larger of the two agreements will allow Duke Energy to access up to $200M of Smart Grid Investment Grant funding awarded to them back in October 2009, by the Department of Energy (DOE) to facilitate their smart grid deployment plans through May 2013.
Further, we are gratified to be part of Duke Energy's successful application to the DOE, and we look forward to continuing our support of Duke Energy's initiatives and vision to build out an open smart grid platform.
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May 12, 2010
Download Ambient CTO Ram Rao & Itron's Jim Fisher's presentation from the Smart Grid RoadShow on "Integrating Legacy Systems, including AMR Systems, into Smart Grids"
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Ambient Executive Adopts 10b5-1 Plan
February 12, 2010 - Ambient Corporation announced today that Ramdas Rao, Ambient’s Chief Technology Officer, has adopted a prearranged trading plan in accordance with guidelines specified by Rule 10b5-1 under the Securities and Exchange Act of 1934, and the Company's policies related to sales by insiders.
Rule 10b5-1 permits officers and directors of public companies to adopt predetermined plans for selling or buying specified amounts of stock. The plans may be entered into only when the director or officer is not in possession of material, nonpublic information and may be used to gradually diversify investment portfolios over a period of time.
Under this 10b5-1 plan which is in effect through April 15, 2010, Mr. Rao plans to sell 400,000 shares, which is less than 5% of his personal holdings of Ambient common stock, including his vested stock options as of today’s date.
Mr. Rao stated, "What we have accomplished since acquiring this stock position in 2002, has been quite substantial. As a principal officer, I believe Ambient is well positioned to capture the opportunities of today while we continue to develop next generation products and incorporate additional applications into our [marketing leading] smart grid platform. My decision to diversify a portion of my holdings is based on my advisors recommending adopting the 10b5-1 plan as a prudent way to create variance in my family's investments."
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February 1, 2010
The Networked Grid 100: Movers and Shakers of the Smart Grid
For those about to rock, we salute you.
The smart grid market continues to grow faster than a young Kareem Abdul-Jabbar -- if not in market size (yet), at least in the number of movers and shakers that are entering the space. That's worth something, right? As such, we've compiled a list of 100 people who are influencing this market on a daily basis, be it through innovating, regulating, evangelizing, planning, deploying, benchmarking, architecting, standardizing, investing, developing, etc. Are these folks in your Rolodex? If not, they should be. If you didn't make the list, don't feel bad. It's a big smart grid world out there ... read more
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January 20, 2010 Ambient named a "Smart Grid Company to Watch in 2010" by Smart Grid News.com readers