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Echelon Corporation to Hold Analyst Call on May 15th, 2003 and Conduct Annual Shareholders' Meeting May 16th, 2003

To Comply with Federal Regulation FD, Echelon is Providing Notice of Inter-Quarter Conference Call

(San Jose, CA - May 7th, 2003) - Echelon Corporation (NASDAQ: ELON) will be holding an inter-quarter conference call for investors and analysts on May 15th, 2003 at 2:00 pm PDT. On May 16th, 2003 beginning at 11:00am PDT in the Bay Room at Lou's Village, 1465 West San Carlos Street, San Jose, CA, Echelon will conduct its annual shareholders' meeting. This announcement is being sent out to comply with Federal Regulation FD.

Financial analysts will be notified by fax or email which toll-free number they should call to access the conference call. Other interested parties may listen in on the conference call via live webcast at http://www.echelon.com. Alternatively, the general public may also access the call at 800-388-8975 or +1-973-694-2225 (if dialing internationally).

The annual shareholders' meeting will also be webcast live – one way, audio only – at http://www.echelon.com. Shareholders that cannot attend the meeting but who wish to ask questions are advised to call in to access the analyst call using either of the above noted numbers (financial analysts please use the dial-in number supplied by fax or email by Echelon).

About Echelon Corporation
Echelon Corporation (NASDAQ: ELON) is the creator of the LonWorks platform, the world's most widely used standard for connecting everyday devices such as appliances, thermostats, air conditioners, electric meters, and lighting systems to each other and to the Internet. Echelon's hardware and software products enable manufacturers and integrators to create smart devices and systems that lower cost, increase convenience, improve service, and enhance productivity, quality, and safety. Thousands of companies have developed and installed LonWorks products and over 30 million LonWorks enabled processors have been shipped for use in homes, buildings, factories, trains, and other systems worldwide.

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Echelon, LonWorks, LonWorld, 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.

Contact Information

Press Contacts:

Investor Relations Contact:

Steve Nguyen
Echelon Corporation
(408) 938-5272
qnguyen@echelon.com

Chris Stanfield
Echelon Corporation
408-938-5243
cstanfield@echelon.com

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