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http://xrl.us/bij3ti A new report from Pike Research forecasts that 276 million smart grid communications nodes will be shipped worldwide from 2010 to 2016, with annual shipments increasing dramatically from 15 million in 2009 to 55 million by 2016... this will represent a total industry investment of $20.3 billion during the seven-year forecast period, with annual revenues increasing from $1.8 billion in 2009 to $3.1 billion by 2016..."

Sunday, May 1, 2011

Ambient Corporation Announces Preliminary Financial Results for First Quarter 2011: Revenue up 613%

Press Release Source: Ambient Corporation On Thursday April 28, 2011, 4:38 pm EDT
BOSTONApril 28, 2011 /PRNewswire/ -- Ambient Corporation(OTCBB:ABTG.ob - News), a pioneer in the development of smart grid communications infrastructure, announced today that based on a preliminary review of its financial results, the Company expects revenues for the first quarter to be approximately $12 million compared to approximately $1.7 million in the first quarter of 2010, representing an increase of 613%. Ambient also expects to have its second consecutive quarter of profitability, and to generate approximately $1.1 million in net income.

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