Echelon Selected as Runner-Up in Wall Street Journal Technology Innovation Awards
(San Jose, CA - September 20, 2009) - Echelon Corporation (NASDAQ: ELON) announced today that it has been selected as a runner-up in the Energy category in this year’s Wall Street Journal 2009 Technology Innovation Awards for its LonWorks® technology, which is used to remotely monitor and control streetlight networks in order to reduce energy use by up to 50 percent. Hundreds of entries were considered before the final decisions were made to award the top seven percent with Technology Innovation Awards.
Streetlights networked with Echelon’s intelligent control technology offers cities an innovative way to control costs. It can significantly reduce a city’s energy and maintenance costs while improving light quality, decreasing light pollution, and providing increased safety.
Echelon’s technology for smart streetlights uses a city’s existing power mains for communications between lights and any IP based network for communicating with a city’s operations center,” said Ken Oshman, Echelon’s CEO and chairman. “We believe that we are unique in being able to embed intelligence into all existing light technologies as well as emerging technologies, using a single, networked infrastructure.” Echelon’s technology has been implemented in streetlight projects around the world, including:
- In Oslo, Norway, the city’s intelligent outdoor lighting system has cut energy use by 62% with an overall return on investment expected within five years;
- The city of Milton Keynes, United Kingdom reduced energy use by 40% and lowered light pollution and CO2 emissions;
- The Ville de Québec in Québec, Canada, is saving 30% on energy use compared to the previous system;
- The cities of San Francisco, San Jose and Palo Alto, California have recently installed pilot streetlight projects using Echelon’s LonWorks technology.
About the Solution
Remotely monitored streetlight solutions reduce energy use and maintenance costs by using electronic dimmable ballasts embedded with Echelon’s power line signaling technology (an international communications standard). This allows communication and control of the streetlights over the existing power lines. Echelon's i.LON® SmartServer acts as the segment controller, monitoring and controlling the streetlights from anywhere over an IP connection. Data from the streetlights is collected by the i.LON, and the data is sent to a city’s monitoring center to help maintenance crews make real-time decisions about light reduction and maintenance.
More information is available at www.echelon.com/solutions/streetlight.
About Echelon Corporation
Echelon Corporation (NASDAQ: ELON) is leading the worldwide transformation of the electricity grid into a smart, communicating energy network, connecting utilities to their customers, enabling networking of everyday devices, and providing customers with energy aware homes and businesses that react to conditions on the grid.
Echelon's NES System – the backbone for the smart grid – is used by utilities to replace existing stand-alone electricity meters with a network infrastructure that is open, inexpensive, reliable, and proven. The NES System helps utilities compete more effectively, reduce operating costs, provide expanded services and help energy users manage and reduce overall energy use. Echelon's LonWorks® Infrastructure products extend the smart grid, powering tens of millions of energy aware, everyday devices made by thousands of companies – connecting them to each other, to the electricity grid and to the Internet. LonWorks based products work together to monitor and save energy; lower costs; improve productivity; and enhance service, quality, safety, and convenience in utility, municipal, building, industrial, transportation, and home area networks.
More information about Echelon can be found at http://www.echelon.com.
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Echelon, i.LON, LonWorks and the Echelon logo are registered trademarks of Echelon Corporation registered in the United States and other countries. Other product or service names mentioned herein are the trademarks of their respective owners.
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 and demand for Echelon products and services in outdoor lighting and other applications; risks that these products do not perform as designed, and that liability may accrue as a result of the use of Echelon products and services in outdoor or other lighting applications; risks associated with acceptance by government agencies of LonWorks based solutions; the growth of the LonWorks industry; 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.
Contact Information
Contact: |
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Julia O'Shaughnessy |
Allyson Stinchfield Atomic Public Relations +1 (415) 402-0230 allyson@atomicpr.com |