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To: Dealer who wrote (7205)3/13/2000 9:19:00 AM
From: Dealer  Read Replies (1) | Respond to of 35685
 
ELON--Leading Swedish Telecom Selects Echelon's LONWORKS Networks For Connected Homes

BUSINESS WIRE - March 13, 2000 08:38
STOCKHOLM, Sweden, Mar 13, 2000 (BUSINESS WIRE) -- Echelon Corporation (Nasdaq:ELON) the leader in networking everyday devices, today announced that Telia AB, the leading Swedish telecom company, has chosen Echelon's LONWORKS(R) system as a standard for networking everyday devices in Telia's Connected Home initiative.

Telia's Connected Home initiative involves collaborating on the development of network-delivered services via networked devices in the home. The initiative will involve typical products and services for the home including networked kitchen appliances, interactive entertainment center, home control and security systems, and home offices. Telia is currently working to roll out the concept to a small collection of homes in Europe and will conduct initial field trials in select areas of Scandinavia during the year 2000.

"After extensive evaluation, we concluded that Echelon's LONWORKS system is the leading technology for networking everyday devices in the home," said Leif Bengtsson, vice president of Telia Research. "Echelon's LonWorks networks provide the open, interoperable platform we need to be able to interact with everyday devices in the home and provide valuable new services through both broadband, power wiring and wireless communication."

In a demonstration being shown this week at Computer World Expo, attendees can use a Wireless Application Protocol (WAP) enabled mobile phone and Jini services to monitor and control LONWORKS devices located in the Telia Research booth.

"We are pleased to be selected by Telia as a device networking standard for their Connected Home initiative," said Frits Bruggink, Echelon's vice president, Europe, Middle East and Africa. "In Scandinavia, and throughout Europe, we see a growing momentum behind the networked home and a growing recognition of LONWORKS networks as the defacto standard for connecting everyday devices in the home. While many parts of the world are talking about smart homes, they are becoming a reality here in Europe though initiatives such as Telia's Connected Home."

About Echelon Corporation

Echelon Corporation is the developer of LONWORKS networks, recognized internationally as a standard for open, interoperable control networks. With thousands of application developers and millions of devices installed worldwide, LONWORKS is the leading cross-industry standard for networking everyday devices in 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.

Products that have been verified to conform to Echelon's LONMARK interoperability guidelines are eligible to carry the LONMARK logo, an indicator that a product has been designed to interoperate over a LONWORKS network.

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. Further information about the LONMARK Interoperability Association can be found at lonmark.org.

About Telia AB

Telia AB is the leading supplier of telecom-based information services in the Nordic/Baltic region. At the same time, "seamless" pan-European and global services are being realized through powerful alliances and partnerships in Europe and around the world. Annual turnover in 1998 reached 51,240 SEK and the number of employees amounted to approximately 30,600. Further information can be found online at telia.com.

This press release may contain statements relating to future plans, events or performance. Such statements may involve risks and uncertainties, including risks associated with uncertainties pertaining to the timing and level of customer orders, demand for products and services, development of markets for Echelon's products and services, and other risks identified in Echelon's SEC filings. Actual results, events and performance may differ materially. Readers are cautioned not to place undue reliance on these forward-looking statements, which speak only as of the date hereof. Echelon undertakes no obligation to release publicly the result of any revisions to these forward-looking statements that may be made to reflect events or circumstances after the date hereof or to reflect the occurrence of unanticipated events.

Note to Editors: Echelon, LONWORKS, LONMARK, the LONMARK logo, and the Echelon logo are trademarks of Echelon Corporation registered in the United States and other countries. Other marks belong to their respective holders.