Wednesday January 23, 1:00 pm ET
Intellon's HomePlug(R) AV-compliant ICs Will Be Bundled with 100 Percent of Free's Self-Install Service Packs to Enable Delivery of Voice, Data and Internet Protocol Television Through the Electrical Wiring in Customers' Homes
OCALA, Fla.--(BUSINESS WIRE)--Intellon Corporation (Nasdaq:ITLN - News), a leading provider of HomePlug-compatible integrated circuits (ICs) for home networking, networked entertainment, broadband over powerline (BPL) and smart grid applications, today announced that Free, a leading French broadband service provider, has selected Intellon’s HomePlug AV-compliant powerline communication ICs for use in all Freebox HD service packages in France. Freebox HD provides triple play services that include voice, data and Internet Protocol television (IPTV).
Free has embedded Intellon’s INT6300 ICs into unique dual-purpose power supplies that provide both power and powerline communications for the Freebox HD gateways and set-top boxes used in the triple play service packages. By embedding Intellon’s ICs into the power supplies for the units, Free was able to add powerline communications without redesigning the Freebox gateways or set-top boxes, thus reducing engineering costs and speeding time to market. With this simple approach, the Intellon-enabled power supply units send Free’s IPTV programming from the Freebox broadband gateway over the customer’s existing electrical wiring to the Freebox set-top box next to the customer’s television set.
In selecting a triple play connectivity solution, Free needed carrier-grade performance combined with easy plug-and-play installation. The Intellon-based solution met these requirements in testing trials Free conducted.
“In addition to providing our customers aggressive pricing for triple play services, we wanted to deliver a high quality video experience by adding the newest technology,” said Maxime Lombardini, Chief Executive Officer of Iliad (Free) . “Our tests revealed that the Intellon HomePlug AV solution was easy to install and reliably delivered high quality IPTV content. As a result, we wanted to get those benefits into our customers’ hands as soon as possible.”
“We are delighted that Free chose Intellon’s HomePlug AV technology over other solutions they tested,” said Rick Furtney, COO and President of Intellon Corporation. “Our HomePlug AV-compliant INT6000 and INT6300 ICs support simple and secure connectivity for video, data and voice applications throughout the home, making life easier for service providers and their customers.”
Intellon Powerline IC Applications
Intellon INT6000 and INT6300 HomePlug AV-based powerline ICs provide highly integrated solutions for both adapter and embedded powerline networking products. These ICs offer the speed and reliability necessary to drive next-generation home entertainment applications, including HD and SD video distribution, IPTV, networked digital video recorders (DVRs) and media center PCs. Additional broadband applications include whole-house audio, networked home security, Voice over IP (VoIP), networked and online gaming, extension and bridging of high speed wireless technologies and higher data-rate Internet access technologies such as ADSL2+, VDSL and fiber-to-the-home (FTTH).
Wednesday, January 23, 2008
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This was put out by a stock picking guru over this past weekend.
ReplyDeleteAmbient Corporation (OTC BB: ABTG) has developed patented Broadband over Powerline technology that is making energy use more efficient.
ABTG's largest shareholder is Consolidated Edison Inc. (NYSE: ED), one of the largest power companies in the country. Con Edison has $13 billion in annual revenues and they own 13.82% of ABTG. To see for yourself... click here and scroll down to "Stock Ownership of Management and Certain Beneficial Holders".
To the best of my knowledge... never before has a company as large as Con Edison purchased such a major position in a stock trading for only $0.041.
ABTG is also working with Duke Energy Corp. (NYSE: DUK), Firstenergy Corp. (NYSE: FE) and Entergy Corp. (NYSE: ETR).
These utility companies are going crazy over ABTG's technology due to immense pressure they are under to reduce global warming emissions.
33% of the 7,147.2MM metric tons of green house gases emitted by the U.S. each year comes from the generation of electricity.
ABTG's technology allows Americans to conserve the power used in their homes and reduce energy usage by an estimated 10%.
A nationwide 10% reduction in energy demand would help the environment more than expanding all current solar and wind energy production 10-fold.
A few months ago, Con Edison was praised by President Clinton for joining a coalition of power companies pledging to spend at least $500 million annually to reduce global warming emissions by 30 million tons over the next decade.
http://www.nypost.com/seven/09282007/news/nationalnews/power_points.htm
It is my belief that Con Edison is relying on ABTG's technology to play a major role in achieving this goal.
ABTG's technology creates a two-way, digital communications network that is distributed over power lines. It allows consumers to keep track of exactly how much energy their homes are using in real-time, along with the price they are paying.
It also allows the power companies to compensate the customer for the right to curtail certain loads (air conditioners, hot water heaters, dryers) for limited periods at peak load times.
Every day in the U.S. an average of 500,000 people experience power outages of at least two hours. ABTG's technology is expected to cut these outages by 80%.
In the event that there is a power outage, ABTG's technology enables timely and efficient service restoration without the need of any additional equipment to be deployed.
ABTG also allows the power companies to reduce their labor costs by providing new applications such as Automated Meter Reading and Remote Disconnect/Reconnect.
Vicis Capital, which manages approximately $2 billion, invested $2.5MM into ABTG last week bringing their total investment in the company up to $12.5MM. EarthLink Inc. (NASDAQ: ELNK), one of the largest Internet Service Providers (ISP) in the U.S., has also made an investment into ABTG.
I can't believe ABTG is trading for only $0.041! Take a look at its one month chart below...
In my opinion... a major breakout is imminent!
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Jonathan Lebed
Lebed.biz
Staff