all Press Releases

  • January 26, 2015
    CHICAGO--(BUSINESS WIRE)--(AHR 2015)— Echelon Corporation (NASDAQ:ELON), a leading independent control networking company for the Industrial Internet of Things (IIoT), has expanded its multiprotocol IzoT™ platform for the IIoT to include new Wi-Fi control modules and integrated support for BACnet/MS-TP. Echelon is demonstrating a converged building control and lighting control network supporting both wired and wireless devices that use LonTalk/FT, LonTalk/IP, BACnet/IPmore...
  • January 20, 2015
    SAN JOSE, Calif.--(BUSINESS WIRE)--Echelon Corporation (NASDAQ: ELON), the open-interoperable control networking pioneer for the Industrial Internet of Things will announce results for the fourth quarter ended December 31, 2014, on Tuesday, February 10, 2015, after market close. The Company will hold a conference call for investors and analysts on February 10, 2015, at 4:30 p.m. Eastern Time. Interested parties can listen to the call via live webcast on themore...
  • November 6, 2014
    SAN JOSE, Calif.--(BUSINESS WIRE)--Echelon Corporation (NASDAQ: ELON) today announced financial results for the third quarter ended September 30, 2014. Q3 Revenues: $9.2 million Q3 GAAP Net Loss: $7.2 million from continuing operations, $2.0 million from discontinued operations; GAAP Net Loss per Share: $0.17 from continuing operations, $0.05 from discontinued operations Q3 Non-GAAP Net Loss: $2.3 million; Non-GAAP Net Loss permore...
  • October 9, 2014
    SAN JOSE, Calif.--(BUSINESS WIRE)--Echelon Corporation (NASDAQ:ELON), the open-interoperable control networking pioneer for the Industrial Internet of Things will announce results for the third quarter ended September 30, 2014, on Thursday, November 6, 2014, after market close. The Company will hold a conference call for investors and analysts on November 6, 2014, at 4:30 p.m. Eastern Time. The Company will discuss its results, the recent sale of the grid businessmore...
  • October 1, 2014
    SAN JOSE, Calif.--(BUSINESS WIRE)--Echelon Corporation (NASDAQ:ELON), the open-interoperable control networking pioneer for the Industrial Internet of Things (IIoT), today announced the completion of the sale of its grid operations to S&T AG, a publicly traded European IT systems provider with an existing focus on smart energy products and services. The transaction closed on September 30, 2014, with cash proceeds from the sale of approximately $4.9 million. After fees,more...
  • September 3, 2014
    SAN JOSE, Calif.--(BUSINESS WIRE)--Echelon Corporation (NASDAQ:ELON), the open-interoperable control networking pioneer for the Industrial Internet of Things (IIoT), announced that it has named Sohrab Modi as its chief technology officer (CTO), replacing the recently retired Robert Dolin. Modi previously held technology vice-president positions with both Huawei and Sun Microsystems. “Echelon represents a remarkable opportunity: An established, well-respectedmore...
  • August 21, 2014
    SAN JOSE, Calif.--(BUSINESS WIRE)--Echelon Corporation (NASDAQ:ELON), the open-interoperable control networking pioneer for the Industrial Internet of Things (IIoT), today announced that it has signed a definitive agreement to sell its Grid operations to S&T AG, a publicly traded European IT systems provider with an existing focus on smart energy products and services. The closing is conditioned upon regulatory approvals. The companies expect the deal to close by the end ofmore...
  • August 19, 2014
    SAN JOSE, Calif.--(BUSINESS WIRE)--Echelon Corporation (NASDAQ:ELON), open-interoperable control networking pioneer for the Industrial Internet of Things (IIoT), announced that it has acquired Lumewave Inc., a wireless outdoor lighting control system provider with a strong track record selling its solution to U.S. municipalities, universities, medical facilities and enterprises. Echelon will sell the Lumewave products—which include individual lighting controllers, gateways, andmore...
  • August 6, 2014
    SAN JOSE, Calif.--(BUSINESS WIRE)--Echelon Corporation (NASDAQ: ELON) today announced financial results for the second quarter ended June 30, 2014 and a key strategic decision. Q2 Revenues: $15.0 million Q2 GAAP Net Loss: $8.6 million; GAAP Net Loss per Share: $0.20 Q2 Non-GAAP Net Loss: $4.2 million; Non-GAAP Net Loss per Share: $0.10 ”We have made the strategic decision to focus substantially all of themore...
  • July 17, 2014
    SAN JOSE, Calif.--(BUSINESS WIRE)--Echelon Corporation (NASDAQ: ELON), the world’s leading control networking platform provider, will announce results for the second quarter ended June 30, 2014, on Wednesday, August 6, 2014, after market close. The company will also hold a conference call for investors and analysts on August 6, 2014, at 5:00 p.m. Eastern Time. Interested parties can listen to the call via live webcast on the Investor Relations section of the Echelonmore...

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