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Technology Stocks : Echelon Corporation (ELON)
ELON 21.88+10.1%Oct 6 5:00 PM EST

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To: Rick who wrote (23)1/11/1999 6:35:00 PM
From: ztect  Read Replies (1) of 3076
 
More "HUGE" ELON news...

biz.yahoo.com

Monday January 11, 5:56 pm Eastern Time

Company Press Release

Wireless Home Communication Device Using Echelon's LONWORKS Networks Wins Innovation Award at 1999 CES

LAS VEGAS--(BUSINESS WIRE)--Jan. 11, 1999--Echelon Corp., a leading provider of control network solutions worldwide, and Axlon Electronics Corporation announced today that Axlon's PalmPal(tm) system has received the Innovation '99 Best of Showcase Honoree award in both the SOHO category and the Integrated Home Systems category at the 1999 International Consumer Electronics Show in Las Vegas.

PalmPal, a 900 MHz digital wireless key telephone system, uses Echelon's LONWORKS(r) control networks to provide two-way interactive control and information display -- giving users unprecedented freedom and flexibility in controlling their home environment, either from within the home or from a remote location. ''We are excited that Axlon has been awarded this prestigious honor at CES,'' said Bea Yormark, Vice President of Marketing and Sales for Echelon Corporation.

''Echelon is known for enabling the networking of intelligent devices in homes, buildings, factories, trains, and other environments. Axlon is an expert in designing innovative, wireless communication products for optimum flexibility and control. Axlon's PalmPal compliments other LONWORKS products available for home control from companies such as Leviton Manufacturing and Phast Corporation.''

''PalmPal is Axlon's first product towards complete realization of the intelligent home,'' said Ken Huang, Vice President of Marketing and Sales for Axlon.

''Echelon's LONWORKS control system is the ideal networking platform for PalmPal -- providing a truly open system so our customers can create their home environment to fit their specific control needs. We look forward to continuing to work with Echelon and its LONWORKS networks to develop products that further Axlon's vision for total wireless home networks.''

The Innovation award is among the most highly recognized honors in the consumer electronics industry, endorsed by the Industrial Designers Society of America, and sponsored and produced by the Consumer Electronics Manufacturers Association (CEMA), part of the Electronic Industries Alliance (EIA).

About Echelon Corp.

Echelon Corp. (Nasdaq:ELON - news) is the developer of LONWORKS networks, recognized internationally as a standard for interoperable control networks. With thousands of application developers and millions of devices installed worldwide, the LONWORKS system is a leading open, networked control solution for building and home automation, industrial, transportation, and public utility applications.

Echelon offers a full range of off-the-shelf hardware and software products to support the development, installation and management of intelligent, open and interoperable control networks. Echelon is based in Palo Alto, Calif. with international offices in China, France, Germany, Japan, Korea, The Netherlands and the United Kingdom. News and information are available at echelon.com.

About Axlon Electronics Corp.

Axlon Electronics Corporation, headquartered in Taipei, Taiwan (R.O.C.), is dedicated to designing and manufacturing innovative voice and data communication products for wireless home networks. For more information, visit axlon.com.

Note to Editors: Echelon, LONWORKS, and the Echelon logo are registered trademarks of Echelon Corporation registered in the U.S. and other countries.

PalmPal(tm) is a registered trademark of Axlon Electronics Corporation registered in Taiwan and other countries.

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