TOKYO, May 21, 2013 /PRNewswire/ -- Mitsubishi Electric
Corporation (TOKYO: 6503)
announced today 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 (NASDAQ: ELON). Mitsubishi Electric will integrate
Echelon's Open Smart Grid Protocol (OSGP) into its lineup of smart
meter products, which are designed for international markets.
(Photo: http://photos.prnewswire.com/prnh/20130521/SF17787)
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.
Mitsubishi Electric launched its electricity meter business at
its Fukuyama Works, Japan, in
1946. Since then, the company has worked to steadily expand this
business globally, developing satellite production facilities
internationally to meet local demand. In recent years, the
company's focus has turned to smart meters.
Echelon is a key technology provider of open standard control
networking and has developed one of the world's most widely
deployed open standard, multi-application platforms. This advanced
technology has a proven track record in applications ranging from
embedded sub-systems to complete grid modernization.
About Echelon Corporation
Echelon Corporation (NASDAQ:
ELON) is an energy control networking company with the world's most
widely deployed proven, open standard, multi-application platform,
selling complete systems and embedded sub-systems for smart grid,
smart city and smart building applications. Our platform is
embedded in more than 100 million devices, 35 million homes and
300,000 buildings, and it powers energy savings applications for
smart grids, smart cities and smart buildings. We help our
customers reduce operational costs, enhance satisfaction and
safety, grow revenues and prepare for a dynamic future. More
information about Echelon can be found at
http://www.echelon.com.
About Mitsubishi Electric Corporation
With over 90
years of experience in providing reliable, high-quality products,
Mitsubishi Electric Corporation (TOKYO: 6503) is a recognized world leader in
the manufacture, marketing and sales of electrical and electronic
equipment used in information processing and communications, space
development and satellite communications, consumer electronics,
industrial technology, energy, transportation and building
equipment. Embracing the spirit of its corporate statement, Changes
for the Better, and its environmental statement, Eco Changes,
Mitsubishi Electric endeavors to be a global, leading green
company, enriching society with technology. The company recorded
consolidated group sales of 3,567.1 billion
yen (US$ 37.9 billion*) in the
fiscal year ended March 31, 2013. For
more information visit http://www.MitsubishiElectric.com
*At an exchange rate of 94 yen to
the US dollar, the rate given by the Tokyo Foreign Exchange Market
on March 31, 2013
U.S. Media Inquiries
Colleen
Martell
Public Relations
Echelon Corporation
Tel: +1 (408) 832-0147
cmartell@echelon.com
http://www.echelon.com
SOURCE Echelon Corporation
