LightHouse(TM) Sensor Technology Applies Tollgrade's Centralized Test
Expertise Continuous Grid Intelligence to Improve Reliability and Increase
Efficiency for Utilities
PITTSBURGH, Jan. 15 /PRNewswire-FirstCall/ -- Tollgrade Communications,
Inc. (Nasdaq: TLGD) today announced the launch of a new centralized remote
monitoring system, called LightHouse(TM), as an innovative means for
electric power utilities to deploy technology to provide real-time grid
intelligence, immediately detect faults, help to minimize the impact of
outages and optimize utilization of assets, with a goal to improve overall
efficiency of energy delivery.
(Photo: http://www.newscom.com/cgi-bin/prnh/20050603/CLF046LOGO )
A LightHouse sensor, mounted directly on the electrical conductor, will
continuously monitor key circuit parameters and transmit data over a
wireless network to a central location, reducing time of detecting a
problem on the grid, identifying its location and restoring service. The
new LightHouse system will be introduced by Tollgrade officials at the
DistribuTECH Conference & Exhibition, a national trade show for the power
distribution industry, which will be held in Tampa, Florida, January 22 -
24, 2008, at Booth # 323.
"Today, utilities face unprecedented challenges from regulators and
customers to improve reliability and quality, and to increase efficiency,"
said Joseph Ferrara, Tollgrade's President and CEO. "Our core competency
and expertise in centralized test and measurement is a real solution for
new markets, such as the power distribution industry, to better drive
operational efficiency and improve customer satisfaction," added Ferrara.
"For many years, the distribution grid relied on visual observation
from field crews or calls from customers to alert the power company to a
problem," said Steven Day, Tollgrade's Executive Director of Marketing.
"We recognized a compelling need for robust and flexible sensor
technology in a marketplace that requires continuous performance and in an
industry that is seeking ways to optimize the performance of distribution
grids," added Day.
"Advanced sensors are an essential element for the intelligent grid.
Sensor technology provides utilities with a snapshot of the grid's current
status for fault and equipment problem location and historical data to
enable better economic decisions about asset operations and maintenance,
plus more accurate load research and forecasting," said H. Christine
Richards, Senior Research Analyst of Intelligent Grid Strategies at Energy
Insights (an IDC Company).
The new LightHouse product line is a system of components that includes
a wireless sensor, an aggregator device that collects data, and software
that will enable viewing, maintenance and reporting functions in real-time.
Several LightHouse pilot deployments are already underway or planned for
2008. The product line has been in development for more than a year and is
now available as a beta product for utility evaluation pilot programs. The
product is expected to be commercially available during the second half of
2008.
For more information about Tollgrade's new LightHouse product line for
the electric power industry, please visit http://www.tollgrade.com/lighthouse, or
call 1-800-878-3399.
About Tollgrade
Tollgrade Communications, Inc. is a leading provider of network service
assurance products and services for centralized test systems around the
world. Tollgrade designs, engineers, markets and supports centralized test
systems, test access and status monitoring products, and next generation
network assurance technologies for the broadband marketplace. Tollgrade's
customers range from the top RBOCs (Regional Bell Operating Companies) and
Cable providers, to numerous independent telecom, cable and broadband
providers around the world. Tollgrade's network testing, measurement and
monitoring solutions support the infrastructure of cable and telecom
companies offering current and emerging triple play services, as well as
for new markets requiring centralized testing and monitoring. Tollgrade,
headquartered near Pittsburgh in Cheswick, Pa., and its products and
customer reach span over 300 million embedded access lines, more than any
other test and measurement supplier. For more information, visit
Tollgrade's web site at http://www.tollgrade.com
Forward-Looking Statements
The foregoing release contains "forward-looking statements" regarding
future events or results within the meaning of Section 27A of the
Securities Act of 1933, as amended, and Section 21E of the Securities
Exchange Act of 1934, as amended, including statements concerning the
Company's current expectations regarding the expected availability date for
new products, and the Company's ability to introduce next generation
network technologies into new customer markets and to execute its
strategies.
The Company cautions readers that such "forward-looking statements"
are, in fact, predictions that are subject to risks and uncertainties and
that actual events or results may differ materially from those anticipated
events or results expressed or implied by such forward-looking statements.
The Company disclaims any current intention to update its "forward-looking
statements," and the estimates and assumptions within them, at any time or
for any reason. In particular, the following factors, among others could
cause actual results to differ materially from those described in the
"forward- looking statements:" (a) the inability to gain market acceptance
of our new products within a new and untested customer base; (b) the
inability to complete or possible delays in completing certain research and
development efforts that may be required for product release and general
availability; (c) our dependence upon a limited number of third party
subcontractors to manufacture certain aspects of the products or third
party software providers for the products we sell, including the products
which are the subject of this release; and (d) the inability to make
changes in business strategy, development plans and product offerings to
respond to the needs of the significantly changing markets and network
technologies and enter a new market and introduce new products into that
market.
Other factors that could cause actual events or results to differ
materially from those contained in the "forward-looking statements" are
included in the Company's filings with the U.S. Securities and Exchange
Commission (the "SEC") including, but not limited to, the Company's Form
10-K for the year ended December 31, 2006 and any subsequently filed
reports. All documents are also available through the SEC's Electronic Data
Gathering Analysis and Retrieval system at http://www.sec.gov or from the
Company's website at http://www.tollgrade.com.
SOURCE Tollgrade Communications, Inc.
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Related links:
http://www.tollgrade.com
http://www.tollgrade.com/lighthouse
Photo Notes:
NewsCom: http://www.newscom.com/cgi-bin/prnh/20050603/CLF046LOGO
AP Archive: http://photoarchive.ap.org
PRN Photo Desk, photodesk@prnewswire.com
http://www.prnewswire.com/comp/849775.html/
CONTACT:
Bob Butter, Corporate Communications of
Tollgrade Communications, Office, +1-412-820-1347, Cell,
+1-412-736-6186, bbutter@tollgrade.com
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