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

To: Boplicity who wrote (1274)	3/7/2000 10:39:00 AM
From: unclewest	Read Replies (1) \| Respond to of 3076

There is not way ELON is going to replace of the Foxboro's and Honeywell's in the plant control. greg, i was not thinking about replace.....honeywell that you mention has already declared lonworks as the worldwide standard. biz.yahoo.com clip.... Honeywell Makes Worldwide Commitment to Echelon's LONWORKS Systems Enters Into International Purchase Agreement with Echelon PALO ALTO, Calif.--(BUSINESS WIRE)--Feb. 7, 2000--Echelon Corporation (NASDAQ: ELON - news) today announced it has entered into a three-year International Purchase Agreement with Honeywell Home & Building Control. In this agreement Honeywell will establish LONWORKS© networks and Echelon's LNS(tm) network operating system as a worldwide standard for the control infrastructure in Honeywell's building control systems. In addition, the agreement establishes Echelon as the primary supplier of LONWORKS infrastructure products such as installation tools, routers, and network interfaces. ``This is a watershed event for the building controls industry,' said Tom Lohner, vice president of Teng & Associates, North America's leading design engineering firm. ``This agreement marks the first time that a major building controls company has positioned itself as a provider of value-added applications built on top of a truly open infrastructure. By doing so, Honeywell is confirming LONWORKS networks as the open industry standard for controls and driving growth in our industry. This agreement is good for Honeywell, Echelon, and our entire industry.' Additional information about Teng & Associates can be found at teng.com.