echelon corp (ELON) Snapshot

Echelon Corporation announced that it has added new products to its Grid Modernization portfolio designed specifically for delta-wired distribution networks. Echelon now has a full suite of products available for utilities, in Norway and other countries, that offers more deployment options and supports governmental mandates for smart grids and smart metering. These new Echelon devices are based on the Open Smart Grid Protocol (OSGP), which is one of the leading open-standard protocol for smart grids in Europe. Echelon's proven, open standard, and multi-use smart grid products for delta networks, which deliver Networked Energy Services (NES) capabilities, now include: MTR 1020 Delta Single Phase Smart Meter/Sensor; MTR 3020 Delta Poly Phase Smart Meter/Sensor; MTR 3520 Delta CT Smart Meter/Sensor; DCN 1120/1220 Delta Data Concentrator. The new Echelon products build on features of the company's existing NES products, but developed and tuned precisely for the unique needs of a delta distribution network. They include features such as voltage monitoring; a dual-disconnect switch for single-phase meters; support for a ground-fault-detection alarm feature; support for billable load profiles; expanded M-Bus reads; and the ability to identify broken medium voltage lines and zero-fault conditions. The new Echelon smart meters offer a variety of PLC and RF-based home area network technologies, which are designed to support the Smart Energy Profile 2.0 standard for in-home devices and applications.

Echelon Corporation announced that on May 21, 2013, Larry W. Sonsini resigned from the board of directors. Mr. Sonsini was a member of the Nominating and Corporate Governance Committee of the Board at the time of his resignation.

Mitsubishi Electric Corporation announced that it will globally enhance business relating to smart meters, which are advanced electricity meters with communication functions, in collaboration with its partner Echelon Corporation. Mitsubishi Electric will integrate Echelon's Open Smart Grid Protocol (OSGP) into its lineup of smart meter products, which are designed for international markets. Mitsubishi Electric's new smart meters will incorporate grid-sensing and communication technologies based on Echelon's OGSP and its Networked Energy Services (NES) software as well as Mitsubishi Electric's proprietary sensing and metering technologies. The products will be manufactured at Mitsubishi Electric Automation (Thailand) Co. Ltd. in Bangkok, Thailand and PT. MELCOINDA in Bogor, Indonesia, both international subsidiaries of Mitsubishi Electric. The new meter will be exhibited at Metering, Billing, CRM ASIA 2013, which will be held in Bangkok, Thailand from May 22 to 23.