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Broadband Energy Acquires Key AMI Meter-Gateway Patent
Wednesday, October 17, 2007
Consolidates position as Center-of-Excellence for Energy Management Automation.
Philadelphia, PA -- Broadband Energy Networks Inc. (BEN) announced that it has acquired the exclusive license to an essential patent covering a utility meter that incorporates a gateway, communicating to devices in customer premises. This fundamental patent includes wireless, power-line, and wired communications, and solidifies BEN's position as a leader in Advanced Metering Infrastructure (AMI), Utility Demand Response and Customer Energy Automation. Licensing opportunities are available.
BEN specializes in system solutions for AMI, with its advanced C2k Utility Automation Gateway and UNI¬PLEX TM Energy Applications, designed to benefit Utilities, Customers, and the Environment. The Company provides an integrated communications and control network from the utility grid to the meter, then extends into the end-user's facility to communicate and manage devices such as thermostats, load controllers, and related systems that manage, consume and deliver energy. BEN has a patent portfolio built over 10 years of internal research and targeted acquisitions, which has enabled the Company BEN to continually enhance its products and solutions.
Larry Silverman, President and founder of BEN explained, "Broadband Energy has a mission to create cost-effective systems that enable utilities to deliver reliable energy for industry, commerce, and consumers. We have always recognized the need for a completely integrated approach that offers an end-to-end hardware and software solution. Our patent portfolio is one critical element in fulfilling our strategic business goal of providing a market-leading, comprehensive solution for total energy management to utilities as well as to their customers."
BEN recently demonstrated its expanded UNI-PLEX platform of Products and Utility Applications in a series of well-received demonstrations at the AMRA AutovationSM 2007 UtiliMetrics Symposium, conducted from September 30th - October 3 rdat the Reno-Sparks Convention Center in Reno, Nevada, USA.
About BEN
Broadband Energy Networks (BEN) is a leading technology company in the US providing electric utilities with field-proven Smart Grid and Advanced Metering Infrastructure (AMI) solutions and services, featuring secure end-to-end IP connectivity. The company's patented C2k automation gateway and UNI-PLEX TM Utility Applications integrate, monitor, and control systems and devices across the electric grid with smart meters and customer premise equipment, from thermostats and loads to solar and DG systems. UNI-PLEX Utility Applications include Demand Response and Grid Monitoring to maximize overall network efficiency and reliability. UNI-PLEX also features a real-time Consumer Energy Information Portal and Energy Management System to provide Individual Energy Management to end-users.
BEN combines a robust, standards-based open platform with a compelling business model, to deliver viable Smart Grid solutions today for utilities worldwide. Founded in 2002, the venture-backed company is headquartered in suburban Philadelphia. For more information on Broadband Energy Networks, please visit: www.BEN-inc.com.
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