Science & Technology
Science and Technology
Science and Technology 
Tue, January 27, 2009
Ambient Addresses National Energy Challenges with Bold Moves
BOSTON--([ BUSINESS WIRE ])--Ambient Corporation (OTCBB:ABTG) announced today the addition of Thomas J. Dunleavy as an advisor and consultant to the Company. Former Commissioner Dunleavy has had a long and distinguished career in both the public and private sectors, in both energy and telecommunications.
Mr. Dunleavy most recently served as a Commissioner for the state of New York's Public Service Commission. While a Commissioner, Mr. Dunleavy championed causes through the National Association of Regulatory Utility Commissioners (NARUC) including regulatory and broadband issues. Mr. Dunleavy is also the former Vice Chairman of the Telecommunications Committee, State Chairman of the FCC/State Universal Service Join Board and both New York and NARUC's representative on the North American Numbering Council (NANC as it is known, is responsible for the assignment of telephone numbers throughout North America). He remains active in NARUC.
Prior to his appointment as a Commissioner, Mr. Dunleavy served as Deputy Commissioner of New York City's Department of Information Technology and Telecommunications, formerly known as the Office of Energy and Telecommunications. In this capacity, former Commissioner Dunleavy managed telecommunications administration for all Mayoral agencies, supervised New York City's five channel cable television network and administered New York City's cable television and telecommunications franchises. Mr. Dunleavy also started and co-chaired the Mayor's Task Force on Network Reliability and founded the Mutual Aid and Restoration Consortium (MARC), made up of operating telecommunications companies and government entities. MARC played a key role in restoration of NYC's telecommunications networks following the bombings at the World Trade Centre in February 1993 and again on September 11, 2001. While on the PSC, former Commissioner Dunleavy put together a similar statewide effort called NYTRAC (New York Telecommunications Reliability Action Council.
John J. Joyce, President and CEO of Ambient, commented, "The Company is honored to have the addition of Tom Dunleavy as a consultant and advisor. I have known Tom for more than six years and have respected and appreciated both his counsel and friendship. Tom has fought for the best interest of the people he has served throughout his career, and we are happy to have him continue to do so with Ambient as we push towards a digital smart distribution grid."
"The addition of a person with a distinguished career such as former Commissioner Dunleavy's to Ambient is accompanied by a changing national agenda that is more and more in line with the Company's vision of a reliable digital distribution grid. A smart electrical grid is the cornerstone of increasing the efficiency of our electrical distribution systems, and is required to effectively integrate renewable and distributed energy resources," continued Mr. Joyce.
"This is an exciting time for me to become an advisor to Ambient in an official capacity. Our new administration in Washington has made it clear that clean energy initiatives will be a top priority. Ambient has made enabling energy efficient solutions for utility companies their focus since inception. I'm pleased to assist both John and the Company in any way I can," stated Mr. Thomas J. Dunleavy.
The addition of former Commissioner Dunleavy expands upon Ambient's existing industry resources, which include memberships in such organizations as the GridWise® Alliance and the DRSG (Demand Response and Smart Grid) Coalition, which are both actively promoting and shaping the future of today's electrical distribution system. Through these groups, Ambient is an active participant in shaping legislation that will help the nation achieve the goals set out by the Obama administration including, reduced reliance on foreign oil, increased use of renewable resources, and integration of plug-in hybrid cars. These initiatives combined are expected to create an estimated 5 million new jobs and ensure that 10 percent of our energy comes from renewable sources by 2012, and 25 percent by 2025.
About Ambient Corporation
Ambient designs, develops and markets Ambient Smart Grid™ communications technologies and equipment. Utilizing proprietary, open standards-based technologies along with in-depth industry experience, Ambient provides utilities with solutions for creating smart grid communication platforms and technologies. Headquartered in Newton, MA, Ambient is a publicly traded company (OTCBB: ABTG). More information on Ambient is available at [ www.ambientcorp.com ].
This press release contains forward-looking statements that involve substantial uncertainties and risks.These forward-looking statements are based upon our current expectations, estimates and projections about our business and our industry, and that reflect our beliefs and assumptions based upon information available to us at the date of this release. We caution readers that forward-looking statements are predictions based on our current expectations about future events. These forward-looking statements are not guarantees of future performance and are subject to risks, uncertainties and assumptions that are difficult to predict. Our actual results, performance or achievements could differ materially from those expressed or implied by the forward-looking statements as a result of a number of factors, including but not limited to, changes in economic conditions generally and the smart grid market specifically, changes in technology, legislative or regulatory changes that affect us, the availability of working capital, changes in costs and the availability of goods and services, market acceptance of our products, the introduction of competing products, changes in our operating strategy or development plans, our ability to attract and retain qualified personnel, and changes in our acquisition and capital expenditure plans, and the risks and uncertainties discussed under the heading "RISK FACTORS" in Item 1 of our Annual Report on Form 10-KSB for the fiscal year ended December 31, 2007, and in our other filings with the Securities and Exchange Commission. We undertake no obligation to revise or update any forward-looking statement for any reason.
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