April 14, 2009 -- Bel Fuse Inc. and Ambient Corporation have formalized their relationship through a master supply and alliance agreement to enable the development of products that will help accelerate Smart Grid deployments. With the execution of this agreement, the two companies will combine and leverage their individual strengths to bring Smart Grid solutions of the future to the electric utility market.
"Bel has a long tradition of innovation, developing cost-effective techniques for high volume manufacturing. Their history and reputation as a world class manufacturer who successfully partners with global technology leaders, makes them an ideal partner for Ambient," comments John J. Joyce, president and CEO of Ambient Corporation.
Both Bel and Ambient employ design engineers dedicated to identifying, developing, and ultimately manufacturing optimized solutions for Ambient's utility clients. An aggressive development program enabling rapid and timely delivery of volume orders has been established to support next-generation communications node development and delivery. Together, the two companies say they are well positioned to successfully launch present and future products of the Ambient Smart Grid product line.
Daniel Bernstein, president and CEO of Bel Fuse Inc., concludes, "We are pleased to form this alliance which represents an expansion of our expertise with powerline products. It's a natural progression to smart grid technology and we're excited to be partnering with Ambient to bring new solutions to this market."
On the Web:
www.belfuse.com
www.ambientcorp.com