Ambient Corporation(OTCBB: ABTG), a leader in Broadband over Power Lines(BPL) solutions,to Make Scheduled September Payment on 2006 Debentures in Cash

Ambient
to Make Scheduled September Payment on 2006 Debentures in Cash
08.07.07, 8:53 AM ET

Ambient Corporation(OTCBB: ABTG), a leader in Broadband over Power Lines (BPL) solutions, today announced it has notified the 2006 Debenture holders that it intends to pay the scheduled September 2007 payment in cash, rather than in registered shares of Ambient stock. As part of its continuing efforts to limit the distribution of Ambient stock at a discount-to-market price, Ambient has paid in cash the last two scheduled monthly 2006 Debenture payments. In June 2007, Ambient also prepaid a significant portion of the principal and accrued interest on these 2006 Debentures. Ambient is making the scheduled payment in cash in an effort to limit further dilution associated with these below-market price issuances.

About Ambient Corporation

Ambient is a pioneer in the Broadband over Power Lines (BPL) industry and is engaged in the design, development and marketing of patented, FCC-certified BPL equipment and technologies. Ambient utilizes proprietary technology and in-depth industry experience to provide optimal solutions for Smart Grids and the Broadband Access and In-Premise markets. Headquartered in Newton, MA, Ambient is a publicly traded company (OTCBB: ABTG - News). Visit Ambient at www.ambientcorp.com.