Ambient Corporation Reinvents How Utilities View and Control Data
New enhancements to network management software provide better grid visibility and efficient operations
NEWTON, Mass., June 14, 2012 /PRNewswire/ -- Ambient Corporation (NASDAQ: AMBT), a leading provider of secure, flexible and scalable smart grid communications and applications, announced the release of the latest version of its network management system, AmbientNMS®, a purpose-built suite of integrated software applications for real time fault, performance analysis, and reporting of characteristics of the medium and low voltage grid infrastructure.
This latest version of AmbientNMS features new tools for interpreting, arranging and sharing data, allowing the utility to create preselected users or groups, with the ability to create an experience custom-tailored to that individual's role, tasks and priorities:
- Auto-discover devices without user input / intervention
- Enhanced customizable lists and maps may be viewed at various levels such as state, city and street level down to a single device's information
- Maps may be organized geographically or with electrical substation and circuit topology imposed on them
- Retrieve and present real time data such as energy use
- Create reoccurring reports from regularly collected data
- Control and share desired data-based metrics and users
- Configurable events and alarms based on user-defined thresholds to discern the urgent and important information amid the vast quantity of available data
- Enriched charting and export functions for subsequent further analysis
- Forward events such as outage notifications to (user-defined) third-party applications
John J. Joyce, President and CEO of Ambient Corporation, commented, "A smart grid network management system is critical to the successful implementation of smart grid initiatives. The AmbientNMS is designed to support multiple levels of scaling, and this latest release is a testament to our commitment to continually enhance our products with additional features and functionality. AmbientNMS is presently managing over 100,000 nodes."
The primary function of the AmbientNMS is to provide an extensible system for managing the communications network between grid devices and the existing back-office systems. The NMS can monitor and manage tasks, run discovery and status checks, query devices, and store and relay information and instructions between the NMS and the Ambient Smart Grid® Nodes. It distributes software upgrades to the nodes and manages other downstream devices conforming to existing standards.
In addition, the Ambient Smart Grid Platform facilitates multiple applications in parallel, including, but not limited to, multi-service smart metering, outage detection and restoration management, power quality monitoring, and distribution automation (for legacy and new) infrastructure assets. The AmbientNMS automates the collection and reporting of data from hosted applications; both Ambient's own and third parties' and can be integrated into other utility operational systems.
For more information about Ambient, AmbientNMS or the Ambient Smart Grid Communications Node, please visit: www.ambientcorp.com.
About Ambient Corporation
Ambient designs, develops and sells the Ambient Smart Grid® communications platform. The Ambient Smart Grid products and services include communications nodes; a network management system, AmbientNMS®; integrated applications; and maintenance and consulting services. Using open standards-based technologies along with in-depth industry experience, Ambient provides utilities with solutions for their smart grid initiatives. Headquartered in Newton, MA, Ambient is a publicly traded company (NASDAQ: AMBT). More information on Ambient is available at www.ambientcorp.com.
Except for historical information, this press release contains statements that may be deemed to be "forward-looking statements" made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. These include statements relating to the diversification of our customer base, further development and marketing of our communications platform and cultivating projects with potential customers, among others. These forward-looking statements are based upon our current expectations, estimates and projections about our business and our industry and reflect our beliefs and assumptions based upon information available to us at the date of this release. We caution readers that forward-looking statements are predictions based on our current expectations about future events. These forward-looking statements are not guarantees of future performance and are subject to risks, uncertainties and assumptions that are difficult to predict. Our actual results, performance or achievements could differ materially from those expressed or implied by the forward-looking statements as a result of a number of factors, which could have a material adverse effect on our operations and future prospects including, but not limited to, continuing compatibility of our platform with new utility applications and requirements, our ability to retain and attract customers, particularly in light of our dependence on a single customer for substantially all of our revenue; our expectations regarding our expenses and revenue, including our expectations that our research and development expenses and selling, general and administrative expenses may increase in absolute dollars; anticipated trends and challenges in our business and the markets in which we operate, including the market for smart grid technologies; our expectations regarding competition as more and larger companies enter our markets and as existing competitors improve or expand their product offerings; our plans for future products and enhancements of existing products; our anticipated cash needs and our estimates regarding our capital requirements; and our anticipated growth strategies. We undertake no obligation to publicly update or revise any forward-looking statements. Further information on the company's risks and uncertainties is available in our filings with the Securities and Exchange Commission.
Ambient®, Ambient Smart Grid®, Communications for a Smarter Grid® and AmbientNMS® are registered trademarks of Ambient Corporation with the U.S. Patent and Trademark Office.
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