On the CLRT thread is a press release about the specs of the T 6000 or it may still be at YaHoo...this is a nice release w/a major partner...and the T 6000 is a helluva box...for inet uses or those such as described in this release...stock is at 1.37 up .31on heavy vol of 353k as of 3.20p:
Celerity Systems, Battelle Announce Home Automation System
KNOXVILLE, Tenn., Feb. 2 /PRNewswire/ -- The future of managing your household energy systems may be as close as your fingertips. Those same fingers also may soon monitor home security systems and healthcare systems with a new system developed by Celerity Systems and Battelle.
The system will enable the user -- utilizing a television and remote control or a wireless keyboard -- to monitor home energy use, compare it to past periods, and control virtually any electrical device in the home. As the system develops, a user will be able to perform other automation tasks, including the monitoring of security and health care systems.
The monitoring and control is conducted with software developed by Celerity and Battelle, and through a T 6000 digital set top box, designed by Celerity (Nasdaq: CLRT - news).
The monitoring system uses regular household wiring and requires no modifications to existing wiring systems. The new capabilities can potentially save the average homeowner $15 to $25 a month on their electric bill.
The first commercial application of the new system is scheduled to take place this spring in Hopkinsville, Kentucky for the Hopkinsville Electric Service.
The system also offers significant benefits for energy companies. The utilities will be able to remotely read meters, as well as send and receive messages and control signals with the household.
This provides opportunities to the utility and the customer to save money and energy by shifting usage from peak periods to off peak. This is critical since power usage, during peak periods, often approaches 100 percent of our power generation capabilities in many regions of the country.
''We are very excited to have our software solution presented to the market,'' said Henry Cialone, Vice President and General Manager of Battelle's Energy Division. ''We have been looking for a hardware platform that could economically support this software application for some time and we are delighted with the T 6000 digital set top box. Using the standards available in our industry today, Celerity's T 6000 seems to be the most functional, and at an affordable cost.''
Cialone emphasized that this technology is part of his organization's forum on helping energy companies deliver value-added products and services to their customers.
''We think Battelle is a world leader in energy research and development, and we are honored to be strategically aligned with them in this market,'' said Ken Van Meter, President and CEO of Celerity Systems. ''We believe that Battelle has a unique understanding of the energy industry, not only for end users but also energy companies. The software that they bring to the system will not only provide good solutions now, but will become more robust and more valuable as we jointly develop this system.''
The companies also intend to cooperate in the marketing of the system, and intend to continue to work on technical development over a long period of time, adding new features and functions.
Battelle, headquartered in Columbus, Ohio, and operating at more than 60 locations worldwide, develops and commercializes technology. Battelle has 7,000 scientists, engineers, and support specialists who conduct research and development worth $1 billion annually. Battelle has developed technologies and products for some of the most successful companies in the world. Battelle serves a variety of industrial and governmental clients in developing solutions and products for the marketplace.
Celerity Systems Inc., headquartered in Knoxville, Tennessee, designs and manufactures interactive digital video servers and digital set top boxes, and markets complete end-to-end systems in the interactive video services and high speed internet markets through its strategic relationships with major companies including Nortel, Minerva, FORE Systems, and Cisco.
For more information, contact Margaret Anderson, Marketing Manager, Celerity Systems, Inc., 1400 Centerpoint Boulevard, Knoxville, Tennessee 37932; phone: 423-539-5300; fax: 423-539-3502; web: www.celerity.com; or, Robin Yocum, Manager of Media Relations, Battelle, phone: 614-424-5544; email: yocumr@battelle.org.
This press release contains forward-looking statements. Such statements involve various risks that may cause actual results to differ materially from those expressed in such forward looking statements. These risks and uncertainties include, but are not limited to: market demand for the Company's products, successful implementation of the Company's products, competitive factors, the ability to manage the Company's growth and the ability to recruit additional personnel and other risks detailed from time to time in the Company's filings with the Securities and Exchange Commission, including but not limited to, those described under the caption ''Description of Business -- Risk Factors'' in the Company's Annual Report on Form 10-K for the fiscal year ended December 31, 1997. |