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Attune RTD Enters Into Licensing Agreement With Smart Grid Initiative PlayerNEW YORK, Jul 9, 2010 (GlobeNewswire via COMTEX) -- Attune RTD (OTCBB:AURT), a premier provider of Energy Conservation Equipment, is proud to announce that they have entered into a "Technical Information License Agreement" with Itron, Inc., a leading provider of intelligent metering, data collection and utility software solutions. The agreement allows Attune to use the developer kit intellectual property in a non exclusive and non transferable license for public applications. Attune RTD will use the developer kit, authorized in collaboration with Southern California Edison(TM) for test and interoperability purposes. Attune RTD's BrioWave 175p(TM) Smart Energy controller is currently in the final phases of CSA Certification being conducted by National Technical Systems. Upon completion of testing, Attune RTD has agreed to provide Southern California Edison(TM) and other large retail utility providers with working prototypes for evaluation purposes. The Company's flagship product, BrioWave 175p(TM) conserves energy and reduces costs through a high speed electronic control center that wirelessly communicates both ways to the residential household Smart Meter and its Web Application through its Wi-Fi and wireless ZigBee modules. Brio Wave(TM) technology is specifically geared towards providing actionable information while working within the new Smart Meter grid application, while seamlessly integrating into legacy grid systems to offer substantial immediate savings for consumers and utility providers. About Attune RTD Located in Palm Springs, California, Attune RTD is an environmentally conscious, socially responsible company providing smart products that eliminate inefficiencies and reduce energy consumption. The company's products are subject to stringent testing and certifications. For more information, please visit http://www.attunertd.com/ Legal Disclaimer The statements contained in this press release contain certain forward looking statements, including statements regarding the company's expectations, intentions, strategies and beliefs regarding the future. All statements contained herein are based upon information available to the company's management as of the date hereof, and actual results may vary based upon future events, both within and without the control of the company's management. This High-value, low cost press release service is provided by So Act Network Press Club. http://soact.net/pressclub.html This news release was distributed by GlobeNewswire, www.globenewswire.com SOURCE: Attune RTD CONTACT: Attune RTD In New York Richard Oravec 212-924-3548 [email protected] In California Tom Bianco 760-323-0233 [email protected] |