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Echelon And EMeter, A Siemens Business, Join Forces To Integrate EnergyIP Platform With Energy Control Networking Platform

Stocks in this article: ELON

SAN JOSE, Calif., Oct. 1, 2012 /PRNewswire/ -- Echelon Corporation (NASDAQ: ELON) today announced they are partnering with eMeter®, A Siemens Business to integrate the EnergyIP Platform with Echelon's Control Operating System (COS) software. This development provides utilities with mission critical operational and business insight to the complex relationships among devices, premises, customer accounts, users, applications, networks and services that must be managed in any Smart Grid.

"Echelon understands the value of the timely information and is dedicated to helping utilities increase efficiency by making the most of their meter data," said Anders Axelsson, senior vice president, Strategic Accounts & Business Development at Echelon. "Pre-integrating and maintaining the data integration with periodic testing reduces complexity and the time to go live for end customers."

"eMeter is excited to be working with Echelon, given their broad experience and deep understanding of the value and complexity of working with large amounts of customer data," said Shannon Amerman, vice president of Technology Alliances at eMeter, A Siemens Business. "We believe the eMeter-Echelon integrated solution will lead to reduced costs and improved customer satisfaction for our utility customers."

About eMeter, A Siemens Business eMeter, A Siemens Business, provides essential software that enables electric, gas and water utilities to realize the full benefits of the Smart Grid. Leading utilities worldwide depend on eMeter Smart Grid management software to bridge Information Technology and Operational Technology information to then optimize operational costs, innovation, improve customer service, and drive energy efficiency. With the most large-scale deployments in the industry and strategic partnerships with Accenture, IBM, and SAP, eMeter has built a reputation for unparalleled expertise that ensures customer success. For more information visit: www.emeter.com

About Echelon Corporation Echelon Corporation (NASDAQ: ELON) is an energy control networking company, with the world's most widely deployed proven, open standard, multi-application platform, selling complete systems and embedded sub-systems for smart grid, smart city and smart building applications. Our platform is embedded in more than 100 million devices, 35 million homes, and 300,000 buildings and powers energy savings applications for smart grids, smart cities and smart buildings. We help our customers reduce operational costs, enhance satisfaction and safety, grow revenues and prepare for a dynamic future. More information about Echelon can be found at http://www.echelon.com.

Echelon 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 market acceptance of Echelon's technology, the risk that Echelon's offerings by themselves or combined with other applications or offerings do not perform as designed or do not offer the expected benefits and savings; risks associated with international sales; 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.

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