NEWTON, Mass., Nov. 20, 2013 /PRNewswire/ -- Ambient Corporation (NASDAQ: AMBT), provider of a secure, flexible, and scalable smart grid communications and applications platform, announced today that it has expanded Vodafone network test certification across the entire range of Ambient Smart Grid ® Nodes. This certification allows international customers to deploy the Ambient Node ™, Ambient MiniNode ™, and Ambient MicroNode ™ for utility communications and provide connectivity for multiple assets and applications over Vodafone's significant global Machine-to-Machine (M2M) roaming footprint.
John J. Joyce , President and CEO of Ambient Corporation, commented, "The Vodafone certification confirms the performance, reliability, and security of our products for multiple grid modernization applications, including gas, water, and electric metering; demand response; and distribution automation. Extending the certification to all Ambient Smart Grid Nodes facilitates quicker and easier deployment of the Ambient Smart Grid Platform."
The Ambient Smart Grid Node family comprises of purpose-built network devices with advanced processing capability, memory, and the form factor and functionality to match the price performance required for different applications on the distribution grid. Each node is a modular device that can be configured for different roles within the network to deliver upstream and/or downstream high-speed data communications using a variety of wired and wireless technologies, including serial, Ethernet, PLC, Wi-Fi, RF, and cellular.Ambient Corporation helps utilities modernize the grid with IP-based networking products and applications that integrate and connect existing and future grid assets on a single, secure, flexible, and scalable smart grid communications platform. Please contact Ambient for additional information regarding Ambient Smart Grid Node, AmbientNMS®, or AmbientPQM™. About Ambient CorporationAmbient designs, develops and sells the Ambient Smart Grid ® communications and applications platform. The Ambient Smart Grid products and services include communications nodes; a network management system, AmbientNMS ®; integrated applications; and maintenance and consulting services. Using open standards-based technologies along with in-depth industry experience, Ambient provides utilities with solutions for smart grid initiatives. Headquartered in Newton, MA, Ambient is a publicly traded company (NASDAQ: AMBT). More information on Ambient is available at www.ambientcorp.com. Except for historical information, this press release contains statements that may be deemed to be "forward-looking statements" made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. These include statements relating to the diversification of our customer base, further development and marketing of our communications platform and cultivating projects with potential customers, among others. These forward-looking statements are based upon our current expectations, estimates and projections about our business and our industry and reflect our beliefs and assumptions based upon information available to us at the date of this release. We caution readers that forward-looking statements are predictions based on our current expectations about future events. These forward-looking statements are not guarantees of future performance and are subject to risks, uncertainties and assumptions that are difficult to predict. Our actual results, performance or achievements could differ materially from those expressed or implied by the forward-looking statements as a result of a number of factors, which could have a material adverse effect on our operations and future prospects including, but not limited to, continuing compatibility of our platform with new utility applications and requirements, our ability to retain and attract customers, particularly in light of our dependence on a single customer for substantially all of our revenue; our expectations regarding our expenses and revenue, including our expectations that our research and development expenses and selling, general and administrative expenses may increase in absolute dollars; anticipated trends and challenges in our business and the markets in which we operate, including the market for smart grid technologies; our expectations regarding competition as more and larger companies enter our markets and as existing competitors improve or expand their product offerings; our plans for future products and enhancements of existing products; our anticipated cash needs and our estimates regarding our capital requirements; and our anticipated growth strategies. We undertake no obligation to publicly update or revise any forward-looking statements. Further information on the company's risks and uncertainties is available in our filings with the Securities and Exchange Commission.
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