all Press Releases

  • August 12, 2016
    SANTA CLARA, Calif.--(BUSINESS WIRE)--Echelon Corporation (NASDAQ:ELON), a leading independent control networking company for the Industrial Internet of Things (IIoT), today reported certain equity inducement award grants to newly hired key employees, as required by NASDAQ Stock Market Rules. As an inducement to entering into employment with the Company, and in accordance with NASDAQ Listing Rule 5635(c)(4), on August 10, 2016, the Compensation Committee of the Boardmore...
  • August 9, 2016
    SANTA CLARA, Calif.--(BUSINESS WIRE)--Echelon Corporation (NASDAQ: ELON) today announced financial results for the second quarter ended June 30, 2016. “Total revenues exceeded our expectations in the second quarter, lighting revenues increased sequentially and we saw solid improvement to our bottom line,” said Ron Sege, Chairman and CEO of Echelon. “Industry reports and our own customer activity both point to accelerating momentum in the adoption of outdoor connectedmore...
  • August 2, 2016
    SANTA CLARA, Calif.--(BUSINESS WIRE)--Echelon Corporation (NASDAQ:ELON), a leading independent control networking company for the Industrial Internet of Things (IIoT), today announced that the IES Committee has recognized The Lumewave by Echelon PL-RF Gateway for inclusion in the 2016 Progress Report for controls. Each year, products, research and activities that showcase significant technical advancement in the art and science of lighting are honored. Last year’s IES reportmore...
  • July 26, 2016
    SANTA CLARA, Calif.--(BUSINESS WIRE)--Echelon Corporation (NASDAQ:ELON), a leading independent control networking company for the Industrial Internet of Things (IIoT), will announce results for the second quarter ended June 30, 2016 on Tuesday, August 9, 2016 after market close. Supplying investors with timely updates and supplemental information remains a priority for Echelon. The Company has elected to report its quarterly earnings results and commentary through its pressmore...
  • June 14, 2016
    SANTA CLARA, Calif.--(BUSINESS WIRE)--Echelon Corporation (NASDAQ: ELON), a leading independent control networking company for the Industrial Internet of Things (IIoT), today announced new capabilities for intelligently managing lighting using popular Building Management Systems (BMS) via its new LumInsight BACnet gateway. Part of the Lumewave by Echelon™ solution, LumInsight Desktop software offers a BACnet gateway to address the growing desire of enterprise facilities managers tomore...
  • May 10, 2016
    SANTA CLARA, Calif.--(BUSINESS WIRE)--Echelon Corporation (NASDAQ:ELON), a leading independent control networking company for the Industrial Internet of Things (IIoT), announced that Erich “Rick” Schuett has been granted an inducement grant under NASDAQ listing rules. On April 25, 2016, Echelon announced that Mr. Schuett had joined the company as SVP of Global Sales. Equity Grants As an inducement to Mr. Schuett entering into employment with themore...
  • May 5, 2016
    SANTA CLARA, Calif.--(BUSINESS WIRE)--Echelon Corporation (NASDAQ: ELON) today announced financial results for the first quarter ended March 31, 2016. “During the first quarter we continued our multi-quarter pivot towards the dynamic intelligent lighting systems market and are starting to see some positive signs of customer traction with our multi-vendor, multi-application ‘connect anything anywhere’ platform,” said Ron Sege, Chairman and CEO of Echelon. “While revenue thismore...
  • April 27, 2016
    SANTA CLARA, Calif.--(BUSINESS WIRE)--Echelon Corporation (NASDAQ:ELON), a leading independent control networking company for the Industrial Internet of Things (IIoT), today announced the appointment of Rick Schuett as Senior Vice President of Worldwide Sales. Schuett brings more than 20 years of leadership, core lighting experience, and proven sales success to the Echelon team. Rick will drive the Company’s go-to-market strategies in both the lighting and the LonWorks-basedmore...
  • April 26, 2016
    SANTA CLARA, Calif.--(BUSINESS WIRE)--Echelon Corporation (NASDAQ:ELON) (the “Company”) announced today that its Board of Directors has adopted a Tax Benefit Preservation Plan (the “Plan”) designed to preserve the value of its significant net operating loss carryforwards (“NOLs”) in relation to the potential limitations under Section 382 of the Internal Revenue Code (“Section 382”). Echelon has federal NOLs totaling approximately $250 million as of December 31, 2015.more...
  • April 25, 2016
    SAN DIEGO--(BUSINESS WIRE)--Echelon Corporation (NASDAQ:ELON): What: Echelon Corporation (NASDAQ:ELON), the leading independent lighting and building networking and controls company for the Industrial Internet of Things (IIoT), will showcase its complete outdoor lighting controls products and recent customer deployments at LIGHTFAIR® International, the world’s largest annual architectural and commercial lighting trade show and conference.more...

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