Echelon Corporation Announces Extension to Stock Repurchase Program(San Jose, CA - March 13, 2006) - Echelon Corporation (NASDAQ: ELON) announced today that its board of directors has authorized a one-year extension to the stock repurchase program originally set to expire on March 12, 2006. The program, which the Company initiated on September 1, 2004, authorizes the repurchase of up to 3,000,000 shares of the Company's Common Stock. The extension will now allow the Company to continue its repurchase activity through March 12, 2007. All other aspects of the repurchase program remain unchanged. As of March 10, 2006, the Company had repurchased approximately 1,529,711 shares of its Common Stock under the repurchase program. About Echelon Corporation Echelon is based in San Jose, California, with offices in China, France, Germany, Italy, Hong Kong, Japan, Korea, The Netherlands, and the United Kingdom. Further information regarding Echelon can be found at http://www.echelon.com. ### Echelon, LonWorks, and the Echelon logo are registered trademarks of Echelon Corporation registered in the United States and other countries. Pyxos is a trademark of Echelon Corporation in the United States and other countries. 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 price at which Echelon may repurchase its common stock under the repurchase program, the market for Echelon's stock, the timing and level of customer orders, demand for products and services, acceptance of Echelon's products for use in home networks, development of markets for Echelon's products and services, 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
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