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Thursday, 03/01/2012 9:56:26 PM

Thursday, March 01, 2012 9:56:26 PM

Post# of 2574
Ambient Corporation Appoints Vice President, Business Development, The Americas

NEWTON, Mass., March 1, 2012 /PRNewswire/ -- Ambient Corporation (NASDAQ: AMBT), a leading provider of flexible and scalable smart grid communications platforms and technologies, announced today that it has appointed Jim Fisher, Vice President, Business Development, The Americas.

"Jim brings extensive industry knowledge and business development expertise," said John J. Joyce, President and CEO of Ambient Corporation. "As we look to expand our customer base and product offerings in 2012, I am confident that with the addition of Jim's experience to our management team we are better positioned to grow our brand awareness throughout the industry. We are excited to have him join at this critical juncture."

Prior to joining the company, Mr. Fisher spent the last seven years with Itron, Inc. in positions of increasing responsibility, most recently as Global Senior Director of Sales/Business Development. Mr. Fisher has worked in the energy industry for 20+ years in various roles of management, sales and marketing with Schlumberger and Itron. Mr. Fisher has a B.S. in Petroleum Engineering from West Virginia University.

Mr. Fisher said, "It is a very exciting time in the energy industry as utilities are evaluating their traditional vertical networks and looking towards integrated and unified smart grid applications. Ambient Corporation is well positioned with their communications platform for promoting a smarter grid. I am looking forward to contributing to one of the primary goals for 2012 -- expansion of the Company's customer base."

They just hired a Golbal Vice Pres and now a business development VP who has extensive experience globally with Itron. I don't want to jump the gun but aren't all the dots leading to a global partner? Both the last two PRs have indicated expanding their customer base (which is an obvious need). It's just a matter of time before we get one, two or three and I believe they will be big ones (or one big one at least).

Sloth

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