Ambient Corp fka AMBTQ

[polkamatic]

Tollgrade Signs Interoperability and Co-Marketing Agreement With Ambient Corporation

PITTSBURGH, March 22, 2010
GLOBE NEWSWIRE
Tollgrade Communications, Inc. (Nasdaq:TLGD), a leading supplier of service assurance products and solutions, today announced that it has completed an interoperability and co-marketing agreement with Ambient Corporation (OTCBB:ABTG), a pioneering integrator of smart grid communications platforms, headquartered in Newton, MA. The joint offering will empower electric power utilities with real-time grid intelligence via a robust communications network, enabling them to improve overall efficiency and reliability of energy delivery.

The companies have collaborated to integrate Tollgrade's LightHouse™ software agent and the Ambient Smart Grid® Node, enabling the LightHouse sensors to leverage the communications and remote management services available on the Node. Customers who purchase the joint solution can now deploy LightHouse sensors for outage notification, real-time fault detection and location, and continuous load monitoring and also have the ability to integrate other smart grid applications, such as AMR/AMI, distribution automation, and outage management systems. The Ambient Smart Grid® platform enables the building of an IP network utilizing a variety of standards based technologies to aggregate and transport data from all the smart grid applications.

"The integration of these two innovative products will enable electric power utilities to have the real-time intelligence they need to manage the distribution network and proactively identify and correct network troubles," said Joseph Ferrara, Tollgrade's President and CEO.

John J. Joyce, President and CEO, Ambient Corporation, added, "In today's Smart Grid market, such collaborative efforts between companies such as Tollgrade and Ambient demonstrates what is required to form best-in-class solutions that will create opportunities for faster adoption of new technologies and realization of smart grid efficiencies."

For a discussion regarding the joint solution, which is available for deployment immediately, stop by the Verizon Wireless and Ambient shared booth 139 at DistribuTECH, March 23-25, Tampa FL.
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