Silicon Energy and Echelon Partner on Back Office Solutions
for Utilities
Silicon Energy's Energy
Technology Software Linked with Echelon's LNST Software to Manage LonWorks�
Networks
(SUNNYVALE, Calif. - October 17, 2000) - Echelon
Corporation (NASDAQ:
ELON)
and Silicon Energy today announced that they have signed a binding joint
marketing agreement. The agreement provides for the two companies to conduct
programs that promote the use of Echelon's OEM products and LNST network
management software along with Silicon Energy's EEM SuiteT software across
three markets worldwide: utilities, energy services, and building controls.
Also as part of the agreement, Silicon Energy will create a gateway to
its enterprise applications using Echelon's LNS software, the standard
for managing and interacting with everyday devices in open, interoperable
LonWorks� networks. Silicon
Energy will promote this LNS application as the standard and preferred
method of interfacing with LonWorks
networks.
Silicon Energy provides Internet-based energy technology
software that enables enterprises to reduce energy costs and related expenditures.
The Silicon Energy EEM Suite is an integrated collection of modules that
provides real-time data from existing systems across geographically dispersed
facilities, enabling enterprises and energy service providers to efficiently
manage consumption, procurement and distributed energy assets. Under this
agreement, Silicon Energy will use Echelon's LNS software as the preferred
means of accessing data from everyday devices already connected with LonWorks
networks in homes, businesses and factories around the world. The net
result of this seamless connectivity between LonWorks
devices fielded by utilities, energy service providers (ESPs), and commercial
energy users is that back office systems will allow companies to track
and optimize energy usage and purchases, thereby lowering costs.
"We see the combination of Echelon's networking devices
in the utility and energy markets and Silicon Energy's real-time collection
and management of energy-related data as providing end-to end enterprise
solutions," said John Woolard, president and CEO of Silicon Energy. "Echelon's
LNS network operating system is the standard for managing LonWorks
networks, and by leveraging its client/server architecture, we can gain
access to detailed information that would otherwise be unavailable for
analysis and supervision. This access, in turn, is intended to allow our
EEM Suite software to optimize the energy consumption and purchasing process."
"I cannot think of a better combination of complementary
technologies than those offered by Silicon Energy and Echelon," said M.
Kenneth Oshman, Echelon's chairman, president and CEO. "We believe that
energy service companies, utilities, and ESPs will all benefit from this
partnership because it leverages quality technology for networking and
managing meters, pumps, valves, motors, lights, and other everyday devices
with quality back office system software. The marketplace for energy and
energy-related services is increasingly competitive, and we believe that
the combination of Silicon Energy's software and Echelon's networking
systems provides just the edge needed by utilities, energy service companies
and facility owners to compete successfully in such an environment."
About Echelon Corporation
Echelon Corporation (NASDAQ: ELON)
is the world leader in networking everyday devices. The company offers
a comprehensive line of hardware and software products for automating
building, home, industrial, transportation, and utility applications using
LonWorks® networks, an
international, cross-industry, open standard for interoperable device
networks. Echelon is Bringing the Internet to Life™ by linking
the millions of everyday devices connected with LonWorks
networks to the Internet.
Echelon is based in Sunnyvale, California with international
offices in China, France, Germany, Japan, Korea, The Netherlands, and
the United Kingdom. Further information can be found at http://www.echelon.com.
Echelon's LONWORLD2000™
Conference and Exhibition is designed to help end-users, integrators,
service providers, and manufacturers learn how to use the LonWorks
system in their business. The conference will take place on October 18-19
at the Orange County Convention Center in Orlando, Florida and features
a series of forums, classes and presentations along with an exhibition
of products and services covering the home/utility, building, industrial,
and transportation markets. Enel will deliver a keynote address at the
conference. Sponsorship, registration and exhibition information about
LONWORLD2000 can be found
at http://www.lonworld2000.com/.
About Silicon Energy
Silicon Energy Corp., a developer and seller of Internet-based energy
technology software that enables enterprises to reduce energy costs and
related expenditures, is a privately held technology company based in
Alameda, California. Silicon Energy's EEM Suite� is an integrated collection
of software modules that enable enterprises and energy service providers
to efficiently manage consumption, procurement and distributed energy
assets. Silicon Energy allows real-time analysis and intelligent control
over enterprise-wide energy usage, as well as comprehensive reporting
and monitoring capabilities. In addition to its software, Silicon Energy
offers professional and maintenance services designed to provide ongoing
support to its installed base. Silicon Energy also offers subscription-based
Management Service Provider services that deliver hosted access to the
EEM Suite and content and integrated bill management services. For more
information visit http://www.siliconenergy.com.
###
Echelon, LonWorks, LonMark, the LonMark
logo, and the Echelon logo is trademarks of Echelon Corporation registered
in the United States and other countries. LonWorld2000, LNS, and Bringing
the Internet to Life are trademarks of Echelon Corporation. Other marks
belong to their respective holders.
This press release contains forward-looking
statements concerning the Silicon Energy and Echelon partnership. These
forward-looking statements involve risk and uncertainties, which could
cause actual results to differ materially. In particular, the statements
regarding (i) Silicon Energy's creation of a gateway and promotion of
the LNS application, (ii) companies' abilities to optimize energy usage
and purchase to lower costs as a result of connectivity between the LonWorks
devices and the back office system, (iii) the EEM Suite software's ability
to optimize the energy consumption and purchasing process, and (iv) the
ability of utilities, energy services providers and companies to compete
successfully, depend on a number of assumptions and uncertainties including
the market acceptance of Silicon Energy's software, and Silicon Energy's
dependence on strategic partnerships. These risks and uncertainties, in
addition to others, are described in further detail in Silicon Energy's
registration statement in Form S-1 filed with the Securities and Exchange
Commission on October 6, 2000.
Contact Information
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