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Technology Stocks : Echelon Corporation (ELON) -- Ignore unavailable to you. Want to Upgrade?

To: Fuzzy who wrote (474)	12/2/1999 5:41:00 PM
From: Glenn	Read Replies (1) \| Respond to of 3076

Judy Estrin made a great presentation with regard to ELON earlier this week. I really feel this one is going to generate great news. Judy Estrin is the CTO of CSCO. This is great news. ELON is a CSCO partner and are the standard for this type of network. Smiles, Glenn

To: Fuzzy who wrote (474)	12/2/1999 5:50:00 PM
From: E'Lane	Read Replies (1) \| Respond to of 3076

Hey Guy!! Well, seems I am waiting in good company! Any idea where we will get that conference news from? I'm hoping this is "ground floor" on ELON. I like the possibilities of getting in early for a change! :) Take care... E!

To: Fuzzy who wrote (474)	12/2/1999 5:55:00 PM
From: MARK C.	Respond to of 3076

Hello Fuzzy, I'm waiting for news also. I missed this article yesterday. A rehash of the ca. meeting but a nice article. :-) MarkC The Business Journal of San Jose Cisco, Sun back Echelon to connect devices via Internet Karen Rodriguez Business Journal Staff Writer Internet heavyweights Cisco Systems Inc. and Sun Microsystems Inc. are looking to tiny Palo Alto-based Echelon Corp. to help connect digital devices to the Internet. Cisco chief technology officer Judy Estrin and Sun co-founder and chief scientist Bill Joy will share the stage with Echelon CEO Ken Oshman Nov. 30 in promoting Echelon's achievements over the past 10 years in designing a cross-industry standard for networking everyday devices. Echelon, with annual revenue of $37 million, is now helping these networks of devices to connect to the Internet. Echelon's stock price more than doubled from $6 a share in August to $13 on news of the announcement. "This is an extremely important announcement, an extremely important collaboration and an extremely important product," said Peter Rogers, director of research for Volpe Brown Whelan, an investment bank in San Francisco. Sun(ny) days ahead The alliance will benefit Echelon and ultimately Sun by promoting Jini, a Java-based technology that enables devices to work together and tap into each other's power. Sun hopes the backbone for networks of Jini gizmos will be powered by Sun's high-end server computers. Echelon's network standard, called LonWorks, is the dominant worldwide standard to control network products and services. Echelon's systems are used to control lighting, heating, security, transportation and other systems outside the traditional computer space. Echelon's latest development--to be unveiled at the Nov. 30 meeting--will enable these invisible network systems to be remotely accessed over the Internet for activities such as monitoring, upgrading and calibrating. "And that is very powerful," said Mr. Rogers. "The changes in the control system architecture that Echelon is enabling is directly parallel to the shift from IBM mainframes to desktop PCs." Cisco networks pay off Cisco and Echelon have been working together for some time developing a standard interface protocol for accessing control devices through the Internet or other Internet Protocol-based networks, such as corporate intranets. Cisco views Echelon's standard as a way to further the growth of the Internet and in turn to sell more of its networking gear predominately used to power the Internet, according to Jeff Lund, director of business development for Echelon. Efficiency at its finest Echelon's technology will foster the creation of all types of new applications to ultimately lower costs and increase revenue, said Mr. Lund. "When every motion sensor, valve and light is connected to the Internet, we will be able to increase efficiency, decrease costs and increase comfort," Mr. Lund said. For example, gas station owners will be able to upgrade their storage tanks to meet government regulations and then generate a report showing they've met the new guidelines. Then oil companies can schedule truck routes for the optimal delivery of gas to lower the cost of servicing fuel. Echelon, founded in 1988 by A.C. "Mike" Markkula--an original principal in Apple Computer Inc.--has developed a customer base of 3,500 companies worldwide. It expects a good portion of those customers will want to purchase the next product that links their systems to the Internet. Said Mr. Lund: "And as programmers finish their Y2K work and are free to create new applications to make value for their companies, this is a ripe time to propel this opportunity." You can reach Ms. Rodriguez at krodriguez@amcity.com. Top of the page Home \| Top Stories \| Daily Edition \| Search/Archive \| Extra Edge \| Contact Us \| Site Map All contents of this site © American City Business Journals Inc. All rights reserved. At present, there is no charge for access to any sites maintained by American City Business Journals. Privacy Policy \| User Agreement