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Technology Stocks : Ericsson overlook? -- Ignore unavailable to you. Want to Upgrade?


To: elmatador who wrote (3546)7/29/1999 10:32:00 AM
From: elmatador  Respond to of 5390
 
"...Ericsson's e-box residential gateway uses Echelon's Java(TM) technology client for the LNS(TM) network operating system and Sun's Java Embedded Server to allow service providers to deliver high-value home services such as security, energy management, and emergency healthcare through the Internet to LONWORKS devices in the home..."
You, see. ERICY is a home networking company
This is to show why ERICY valuation is so low. The top management is hellbent on wireless. Since, they are the ones that set the tune, other worthwhile initiatives in the company are kept in the shadow.

While LU McGinn, ALA Tchuruk, Siemens's von Pierer, NT's John Roth are Promoting everything their companies do, ERICY's management are just pushing the wireless envelop.
I hope this new CEO changes that.


Echelon Demonstrates the Networked Home At HomeNet '99
12:52 p.m. Jul 28, 1999 Eastern
BURLINGAME, Calif.--(BUSINESS WIRE)--July 28, 1999--Echelon Corporation (NASDAQ: ELON) today demonstrated how Internet connectivity to smart device networks enables the delivery of new value-added services into our homes and will transform the way that we live. The demonstration, part of Sun Microsystems' Open Services Gateway Initiative (OSGi) exhibit at the HomeNet '99 Home Networking & Connectivity Conference, showed how LONWORKS(R) networks and residential gateways powered by Sun's Java Embedded Server(TM) provide the infrastructure for a new breed of home networking and control solutions.

In the demonstration, a standard Web browser is used to interact with a LONWORKS network containing light switch and load controller devices from Leviton Manufacturing, a multifunction temperature, occupancy and ambient light level sensor from Hubbell Wiring Devices, and a residential gateway from Ericsson Corporation. Ericsson's e-box residential gateway uses Echelon's Java(TM) technology client for the LNS(TM) network operating system and Sun's Java Embedded Server to allow service providers to deliver high-value home services such as security, energy management, and emergency healthcare through the Internet to LONWORKS devices in the home.

"The home networking market needs industry initiatives like OSGi, companies like Sun, and products like Java Embedded Server to ignite the home networking market," said Jeff Lund, Director of Business Development and Marketing at Echelon. "Everybody benefits from products, systems, and services from different manufacturers that can work together seamlessly and intelligently to provide better services to consumers."

"OSGi is about connecting customers, vendors and suppliers to smart homes, smart buildings and smart equipment", said Raj Mata, Senior Product Manager for the Java Embedded Server at Sun Microsystems, Inc. "As a leading device networking standard in residential, building, and industrial applications, Echelon's LonWorks system offers Java Embedded Server customers a key enabler in the end-to-end solution for the networked device market."

OSGi is a coalition of leading computer, communications, energy, networking, and entertainment companies that are creating and promoting a global standard gateway architecture for delivery of multiple services over wide area networks to local networks and devices. About Echelon Corporation

Echelon Corporation 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, LONWORKS 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, California, with international offices in China, France, Germany, Japan, Korea, The Netherlands, and the United Kingdom. Further information can be found at echelon.com.