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

To: kumar who wrote (2682)	1/6/2001 7:01:06 AM
From: Clappy	Respond to of 3076

a significant part of the value chain... Here is another: Seems like big news. echelon.com Invensys and Echelon Collaborate to Develop "Connected Home" Products Here are a few snips: (SUNNYVALE, Calif. and RICHMOND, Va. - January 5, 2001) - Echelon Corporation (NASDAQ: ELON) and Invensys Control Systems, a division of Invensys plc, today announced that they will collaborate to develop and market "connected home" products, including smart modules for home appliances and residential gateways that can communicate over the existing power wiring in homes. <snip> Invensys Appliance Controls is the world's leading manufacturer of control systems and components for the global appliance market and counts among its customers such household names as GE, Kenmore, Maytag, Sears and Whirlpool. <snip> "Invensys' control technology is incorporated today in more than 100 million home controls," said Rod Powell, president, Invensys Controls Division.