Amperion and IBEC Announce Agreement to Expand Broadband over Power Line (BPL) Services and Availability

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Amperion Inc. and International Broadband Electric Communications, Inc, (IBEC) announce an agreement to utilize the technology, expertise, intellectual property, and market presence of each company to expand the availability of BPL services, including high-speed Internet access and SmartGrid applications that improve the reliability and integrity of the electric power distribution grid.

Amperion, Inc. and International Broadband Electric Communications, Inc, (IBEC) announced today that they have signed an agreement designed to further the expansion of Broadband over Power Line (BPL) technology and services. The goal of this initiative is to utilize the technology, expertise, intellectual property, and market presence of each company to expand the availability of BPL services, including both high-speed Internet access and SmartGrid applications that improve the reliability and integrity of the electric power distribution grid. The multi-year license and supply agreement covers BPL patents and other power line-related technologies that were developed by the companies.

Nachum Sadan, Amperion CEO, stated "We are excited to work together with IBEC, and strongly believe that this initiative will benefit both companies. We are both committed to the use of BPL technology in our respective markets. IBEC is the recognized leader in delivering broadband services to rural America, while Amperion is focused on providing smart grid communications solutions. We expect that the growth of smart grid and the ARRA stimulus funding for rural broadband will accelerate BPL deployments nationwide."

Scott Lee, IBEC CEO, commented that "Like Amperion, IBEC is committed to providing BPL services to both electric utilities and their consumers to meet their unique needs and improve the quality of life for those consumers. Amperion is focused on SmartGrid applications; IBEC's mission is to make broadband access available to every corner of rural America. We believe both these missions are critical, and this initiative will further the growth of BPL in both areas. Both companies look forward to expanding BPL and its benefits nationwide."

About IBEC
IBEC, Inc. is a full-service provider of Broadband over Power Line Internet access solutions and services, electric utility SmartGrid management and control solutions, and powerline-based security systems. Focused on meeting the broadband needs of rural and underserved America, IBEC is the leading provider of Broadband over Power Line solutions to rural electric utilities and their consumers. For more information, contact IBEC at 285 Dunlop Boulevard SW, Suite K, Huntsville, AL 35824-1103 USA, 256.492.1000, 256.456.1406 fax, or via email. On the Internet, visit IBEC at http://www.ibec.net and http://www.bpl.coop.
IBEC - EmPOWERing the World's Broadband®

About Amperion
Amperion Inc. is a privately held company based in Tewksbury, MA and is providing smart grid communications solutions to electric utilities using a single IP based network that is highly available, cyber secure, and interoperable with multiple types of interfaces. Holder of the foundational patents for communications over power lines at megabit per second speeds, Amperion has developed BPL and wireless solutions for Smart Grid applications on medium voltage distribution lines and high voltage transmission lines. Inquiries can be directed to http://www.amperion.com/contact.php and info@amperion.com.

Amperion - Empowering Smart Grid Communications.

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Nachum Sadan
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