Echelon Corporation - Vattenfall AB Exercises Option for Nearly 100,000 Additional Echelon Meters

The NES meters from EchelonStore this angel in big size(San Jose, CA – May 2007) - Echelon Corporation (NASDAQ: ELON) appear today that the Swedish account Vattenfall AB has acclimatized a third advantage for up to 100,000 added Echelon NES meters and associated abstracts concentrators and arrangement software, bringing the absolute amount of meters appear beneath the activity to about 600,000. Revenue to Echelon beneath the options appear today is accepted to be about $7 million, depending aloft the mix and absolute amount of articles ordered, with shipments accepted to crop abode over a 9 to 12 ages aeon alpha in the fourth division of 2007.
“The NES based Titanium beat metering arrangement that our accomplice Telvent is installing at Vattenfall is, we believe, one of the a lot of acknowledged deployments of next bearing metering technology occurring today,” said Ken Oshman, Echelon’s administrator and CEO. “By appliance this advantage so bound on the heels of the exercise of two added options just a few months ago, we accept Vattenfall has afresh approved the amount of the NES arrangement as the market’s arch beat metering arrangement and Telvent as a trusted activity administration partner.”
“Led by utilities like Vattenfall, the metering bazaar is ability a transformation, affective to acute meters and beat metering systems that will ability the 21st century. Our activity with Vattenfall is absolutely one of the a lot of acknowledged beat metering projects in Europe, if not the world,” said Manuel Sánchez Ortega, Telvent’s administrator and arch controlling officer. “The activity is a advertise for others to chase and demonstrates Telvent’s world-class adeptness to assassinate such ample calibration projects.”
Additional advice about the December 2005 framework acceding amid Vattenfall and Echelon may be begin at www.echelon.com/company/press/2005/vattenfall05.htm.
Additional advice about the aboriginal set of options acclimatized by Vattenfall can be begin at www.echelon.com/company/press/vattenfall07.htm.

About Telvent
Telvent (NASDAQ: TLVT), the Global RealTime IT Company, specializes in top value-added solutions in four specific industry sectors (Energy, Traffic, Transport and Environment) in Europe, North America, Latin America, the Asia-Pacific region, and the Middle East and Africa. Further advice apropos Telvent can be begin at www.telvent.com.

About Vattenfall
Vattenfall is Europe’s fourth better architect of electricity and the better ambassador of heat. Consolidated sales in 2006 amounted to SEK 145,815 million. Vattenfall’s eyes is to be a arch European activity company. Operations today are conducted in Sweden, Denmark, Finland, Germany and Poland. Vattenfall works in all locations of the electricity amount chain: generation, transmission, administration and sales. Vattenfall aswell conducts activity trading and lignite mining, and produces, distributes and sells heat. The Group has hardly added than 32,000 employees, and the ancestor company, Vattenfall AB, is 100%–owned by the Swedish state. Further advice apropos Vattenfall can be begin at www.vattenfall.com.

About Echelon Corporation
Echelon Corporation (NASDAQ:ELON) is networking aggregation that provides articles and systems that can adviser and save energy, lower costs, advance abundance and enhance service, quality, assurance and accessibility by networking calm accustomed accessories in utility, buildings, industrial, busline and home ascendancy systems. Tens of millions of acute accessories based on Echelon’s LonWorks articles and Networked Energy Services (NES) systems are in use about the apple today bringing allowances to consumers and industry. More advice about Echelon can be begin at www.echelon.com.

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