I just received this from a friend who I believe to be credible. It's worth what you paid for it until we get confirmation.
Ambient Corporation Receives Key License from Federal Communications
Commission
September 23, 2003 11:18:00 AM ET
NEWTON, Mass.--(BUSINESS WIRE)--Sept. 23, 2003-- -- Nationwide Permit
Will Speed Up Implementation of Field Trials --
Ambient Corporation ABTG, a leader in Power Line Communications (PLC)
technology, today announced that the company has been approved for a
nationwide license by the Federal Communications Commission (FCC).
The nationwide license allows Ambient to initiate field trials with
partners anywhere in the United States without having to apply for
individual licenses for each trial.
"This unique license represents a significant strategic accomplishment
for us in that it enables the establishment of additional trials and
pilots with our strategic partners nationwide" stated John J. Joyce,
CEO of Ambient. "The license will allow us to further test our PLC
technology and network architecture in several pilots in various
geographical regions of the country in the near future."
Ambient recently announced a partnership with IDACOMM, Inc., a
subsidiary of IDACORP, Inc. (IDA), to initiate pilot tests of Broadband
over Power Line (BPL) technology in Idaho. Ambient is currently
conducting field trials with Consolidated Edison Company of New York,
Inc., (Con Edison) a subsidiary of Consolidated Edison, Inc. ED, and
Southern Telecom Inc. (STI), a wholly owned subsidiary of Southern
Company SO. CAM, a subsidiary of Enersis S.A., is also testing
Ambient's technology in their trial underway in Santiago, Chile.
About Ambient Corporation:
Ambient Corporation (OTC BB: ABTG) is a development stage company
engaged in the architecture, design, development, and implementation of
a proposed comprehensive high-speed communication infrastructure
designed to utilize existing electrical power distribution lines as a
communication medium - Power Line Communication - PLC.
This press release may contain forward-looking statements that involve
risks and uncertainties. These statements may differ materially from
actual future events or results. Readers are referred to the documents
filed by Ambient Corporation with the SEC, including the company's most
recent reports on Form 10-KSB and Form 10-QSB, which identify important
risk factors that could cause actual results to differ from those
contained in the forward-looking statements. Ambient is a trademark of
Ambient Corporation registered in the U.S. Patent and Trademark Office.
Contact Information:
Media:
Keating Public Relations
Rob Duda/Cecilia Coakley, 973-966-1100
[EMAIL PROTECTED]
[EMAIL PROTECTED]
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