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NES System Overview
"A System Solution for a Smarter Grid
Echelon's Networked Energy Services System — the NES System — is the world’s leading solution for a utility’s smart metering and AMI needs. A software-driven, smart grid solution, the NES System incorporates smart meters, data concentrators, and system software. Unlike a meshed RF solution that uses an add-on communications card bolted to a meter, the NES System resides in the electricity wires, converting a utility’s existing metering system into a smart energy network. This allows the system to provide grid intelligence — about the quality of the electricity, the efficiency of its delivery, and even the health of other assets on the wire."
Swedish utility selects Echelon’s NES smart electricity metering system for 370,000 customers - Automation.com - Automation Industry News for Echelon Corporation.
"(SAN JOSE, CA – June 8th, 2006) - Echelon Corporation (NASDAQ: ELON), announced today that Sweden’s largest utility, E.ON Sverige AB, has selected Echelon’s NES System for deployment to 370,000 customers in the Malmo, Orebro, and Stockholm areas of Sweden. The tender has been awarded to prime contractor ES Mätteknik AB, Sweden’s largest system supplier, and was conducted in accordance with EU public procurement procedures. In approximately two weeks the tender is expected to be finalized following the completion of an EU-mandated notice period. Echelon and ES expect to finalize their contract within the same timeframe. Echelon expects revenue from the program to be approximately $30 million, with shipments beginning in the fourth quarter of 2006 and continuing throughout 2007.
“With this win, we have done something truly remarkable - in under six months, we have gone from a virtual standstill to a formidable competitor in the smart metering business,” said Ken Oshman, Echelon’s CEO and chairman. “Our work in Italy, and the successful completion of a 27 million meter smart metering project that many said would never succeed, was the catalyst that began the transformation of the metering industry to the digital age.”
Mr. Oshman continued, “We couldn’t be more pleased than to be working with such a terrific partner like ES. Their win demonstrates the tremendous momentum behind the adoption of next generation metering infrastructures and underscores the NES System’s pivotal role in that transformation as the industry moves away from simplistic automated meter reading systems.”
During the six month period beginning in late December 2005, Echelon and its partners have won smart metering tenders with Vattenfall of Sweden (up to 700,000 meters), Nuon of The Netherlands (25,000 meters), and E.ON (370,000 meters).
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