"We are pleased to welcome back Peter Larsson to Echelon, especially at this exciting time as we're announcing a series of significant enhancements to the NES System," said Ken Oshman, Echelon's chairman and chief executive officer. "Peter's proven leadership skills and ability to increase sales, combined with his extensive knowledge of smart grids and NES, make him the natural choice to drive our expanding NES business in Asia.

Larsson most recently served as president and chief executive officer of Intematix Corporation. He has over 22 years of experience in technology management, including 18 years with Fortune 500 material science company Raychem Corporation, and was chief executive officer and chief operating officer of MTC Corporation, a metering company which was acquired by Echelon in 2003.

Larsson earned an M.S.E.E. degree from Royal Institute of Technology in Sweden and is a graduate of the Harvard Business School Executive Program.

About Echelon Corporation

Echelon Corporation (NASDAQ:ELON) is leading the worldwide transformation of the electricity grid into a smart, communicating energy network, connecting utilities to their customers, enabling networking of everyday devices, and providing customers with energy aware homes and businesses that react to conditions on the grid.

Echelon's NES System -- the backbone for the smart grid -- is used by utilities to replace existing stand-alone electricity meters with a network infrastructure that is open, inexpensive, reliable, and proven. The NES System helps utilities compete more effectively, reduce operating costs, provide expanded services and help energy users manage and reduce overall energy use. Echelon's LonWorks® Infrastructure products extend the smart grid, powering tens of millions of energy aware, everyday devices made by thousands of companies -- connecting them to each other, to the electricity grid and to the Internet. LonWorks based products work together to monitor and save energy; lower costs; improve productivity; and enhance service, quality, safety, and convenience in utility, municipal, building, industrial, transportation, and home area networks.

More information about Echelon can be found at http://www.echelon.com.

Echelon and the Echelon logo are registered trademarks of Echelon Corporation registered in the United States and other countries. Other product or service names mentioned herein are the trademarks of their respective owners.

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