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Technology Stocks : The *NEW* Frank Coluccio Technology Forum

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To: ftth who started this subject4/4/2003 10:36:34 PM
From: Frank A. Coluccio   of 46821
 
Power Line Communications News from Ambient

biz.yahoo.com

Ambient Corporation Announces Deployment of Power Line Communications Technology on Alabama Power's 12kV System
Wednesday April 2, 8:34 am ET

Relationship With Southern Telecom Strengthens

NEW YORK--(BUSINESS WIRE)--April 2, 2003--Ambient Corporation (OTC BB:ABTG), a leader in Power Line Communications technology (PLC), today announced the successful deployment of a field trial of its proprietary power line communications technology, in partnership with Southern Telecom Inc. (STI), a wholly owned subsidiary of Southern Company (NYSE:SO - News).

The field trial anticipates expanding the initial deployment to provide broadband Internet access to approximately 20 - 25 homes in Alabama. Moreover, it sets the stage for the expansion of the trial to a larger field trial to be conducted on Alabama Power's grid that would ultimately reach 100+ homes by the latter part of 2003.

Building off the successful field trial with ConEdison of New York, Inc., a subsidiary of Consolidated Edison, Inc., one of the nation's largest investor-owned utilities, the ongoing relationship with Southern Telecom validates Ambient's coupling technology and PLC architecture. The couplers are deployed on a 12kV distribution line.

"The installation with our development partner, STI, is an important step in demonstrating Ambient's process towards commercialization of its proprietary PLC technology and system architecture, as it allows for an Ambient demonstration on 12kV lines," said Dr. Yehuda Cern, Chief Engineer of Ambient. "The opportunity to demonstrate our technology advancement on 15kV class lines is a critical step in bringing our technology closer to full commercialization"

Ambient's patent protected technology is designed to overcome traditional last mile obstacles through the utilization of existing electrical distribution systems to provide high-speed data communications. The Ambient coupler technology is an integral component of Ambient's proposed power line-based communications infrastructure.

About Ambient Corporation

Ambient Corporation (OTC BB:ABTG) is a development stage company engaged in the architecture, design, development, and implementation of a proposed comprehensive high-speed communication infrastructure designed to utilize existing electrical power distribution lines as a communication medium - Power Line Communication - PLC. For more information, please visit www.ambientcorp.com.

About Southern Telecom®

Southern Telecom® is a wholly owned subsidiary of Southern Company that provides long-haul and metropolitan dark fiber connecting Atlanta with other smaller cities throughout the Southeast. The company also provides network elements such as rights of way, dark fiber, conduit, colocation and other related maintenance services. Southern Telecom is certified in Alabama, Florida, Georgia and also at the federal level. For more information about Southern Telecom, please call (678) 443-4120 or visit www.southern-telecom.com.

About Southern Company

With 4 million customers and nearly 37,000 megawatts of generating capacity, Atlanta-based Southern Company (NYSE: SO - News) is the premier super-regional energy company in the Southeast and a leading U.S. producer of electricity. Southern Company owns electric utilities in four states, a fast-growing competitive generation company, an energy services business and a competitive retail natural gas business, as well as fiber optics and wireless communications. Southern Company brands are known for excellent customer service, high reliability and retail electric prices that are 15 percent below the national average. Southern Company has been named No. 1 on Fortune magazine's 2002 "America's Most Admired Companies" list in the Electric and Gas Utility industry. Southern Company has more than 500,000 shareholders, making its common stock one of the most widely held in the United States. Visit the Southern Company Web site at www.southerncompany.com.

This press release may contain forward-looking statements that involve risks and uncertainties. These statements may differ materially from actual future events or results. Readers are referred to the documents filed by Ambient Corporation with the SEC, including the company's most recent report on Form 10-K and 10-Q, which identify important risk factors that could cause actual results to differ from those contained in the forward-looking statements.

Ambient is a trademark of Ambient Corporation registered in the U.S. Patent and Trademark Office. Southern Telecom is a registered trademark of Southern Telecom in the United States. All rights reserved.

--------------------------------------------------------------------------------
Contact:
For Ambient
Keatingpr
Cecilia Coakley, 973/921-2006
ccoakley@keatingpr.com
Rob Duda, 973/921-2008
rduda@keatingpr.com
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