Ambient Corp. Releases 2006 Financial Results: Sales Increased by Approximately 900% Over Previous Year

BOSTON--(BUSINESS WIRE)--Ambient Corporation (OTCBB: ABTG - News), a leader in Broadband over Power Lines (BPL) solutions, announced today that it has filed its Annual Report on 10-KSB for the year ended December 31, 2006.

The Company completed the year with $2.337 million in revenues. This is more than all previous years combined and represents an approximate 900% increase over fiscal year 2005 revenues. The Company also more than doubled its customer base.

Ambient is currently conducting field trials, pilot demonstrations, and commercial roll outs with major electric utilities that serve in aggregate over 15 million electric customers. These projects, which involve their suite of BPL products, are directed towards a variety of goals including developing and demonstrating a BPL communication channel that enables Smart Grid utility applications, residential and multi-dwelling unit consumer broadband Internet access, and successful operation of Ambient's next generation hardware products and network management software. In 2006, multiple pilots continued to operate, two new pilots with major utilities were begun, two pilots moved to advanced and expanded stages, and one pilot moved to full-scale commercial rollout.

"This past year's results demonstrates our ability to grow and strengthen our strategic utility relations, continue to advance BPL technology for the access market, advance to commercial deployment and add the strategic and commercial relationships necessary to assure our ability to meet future projected market growth," stated John J. Joyce, Ambient's President and CEO. "As we previously stated, we are excited about 2007 as we continue the development and planned launch of our newest products and applications. We will however need to secure additional financing in order to meet our liquidity needs and satisfy our current business plan prior to the receipt of significant revenues from BPL Solutions."

A more detailed description of our business, our results of operations and financial statements are contained in the Annual Report on 10-KSB filed on March 28, 2007 with the Securities and Exchange Commission. The Company's financials are viewable at
www.ambientcorp.com.