Media Contact
Ambient Corporation
Anna E. Croop
Director of
Corporate Communications
(617) 614-6739
acroop@ambientcorp.com
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Ambient Corporation Moves Headquarters
New 20,000 sq ft Location to Accommodate Growth and R&D
Boston, Mass. — August 10, 2009 — Ambient Corporation (OTCBB: ABTG) announced today that it has moved its corporate headquarters to 7 Wells Avenue in Newton, Massachusetts, enlarging both its business and R&D facilities.
The Company, working with Jones Lang La Salle, chose a site that enables Ambient to continue its projected growth and afford for proper expansion of key resources. The Company’s lease continues through 2012.
John J. Joyce, President and CEO of Ambient Corporation, stated, “We continue to position the Company for growth and expansion both through our business relationships as well as facilities. Taking advantage of this period just prior to an anticipated growth in smart grid opportunities was important to minimize the normal disruptions that a move brings to operations. The new location also allows for more space and better in-house facilities for product development and testing.”
Ambient Corporation provides the central communications technology for the smart grid, helping utilities connect their customers to a host of new lower cost, environmentally friendly smart grid devices and applications.
For more information and photos, please visit www.ambientcorp.com/move.html