On-Ramp Wireless Selected by Bloomberg as a New Energy Pioneer
New York, April 4 — Bloomberg New Energy Finance today announced wireless communication developer, On-Ramp Wireless, as a 2011 New Energy Pioneer. In its second year, the Bloomberg New Energy Finance Pioneer program named nine other companies at the fourth annual Bloomberg New Energy Finance Summit in New York, taking place this week.
On-Ramp Wireless has developed the Ultra-Link Processing™ (ULP) system to address a broad spectrum of device communications applications from Smart Grid and other energy efficiency applications, to process automation and homeland security. Deployment of the ULP system can significantly help monitor and lower energy consumption across utilities and energy intensive industries.
“Wireless communication for industrial applications is dependent on factors like coverage, robustness, capacity efficiency and low power,” said Joaquin Silva, president and CEO of On-Ramp Wireless. “We are proud to have created a system that addresses device communication factors head on, and ecstatic to have been recognized by Bloomberg for our achievement.”
The Bloomberg New Energy Finance Pioneers program identifies companies from across the world that are making significant gains in the field of clean technology and innovation. A panel of industry experts, led by Bloomberg New Energy Finance technology specialists, chose the honorees by assessing them against three criteria: potential scale, innovation and momentum.
This year’s winners represent a broad range of industries including bioenergy, energy, smart technologies, water and solar. On-Ramp was recognized for developing a unique technology and demonstrating the potential for it to be competitive in the marketplace and implemented on a large scale.
"The panel chose these companies because we feel they have the potential to change the energy landscape in a very significant way," said Michael Liebreich, Summit chairman and head of Bloomberg New Energy Finance. "In this fast-evolving sector, the Pioneers could play a major role in the world's transition to a lower carbon energy system."
Other winners include BrightSource Energy, eMeter, Epuramat, Green Biologics, Metabolix, Redwood Systems, SAGE Electrochromics, TaKaDu and Winafrique.
The Bloomberg New Energy Finance Pioneers Program is sponsored by AutoDesk and Morrison & Foerster.
About On-Ramp Wireless
On-Ramp Wireless has developed the first wireless system purpose-built to efficiently connect billions of hard-to-reach devices in metro scale and other challenging environments. On-Ramp’s field-proven Ultra-Link Processing™ system enables low-power monitoring and control applications within Smart Grid, water efficiency, industrial sensing, and location tracking. Operating in un-licensed spectrum, our signal processing innovation finds weak signals even in high noise environments, yielding extreme coverage, immunity to high interference, and significantly lowers cost. For more information, visit www.onrampwireless.com.
About New Energy Finance
Bloomberg New Energy Finance is the world’s leading independent provider of news, data, research and analysis to decision-makers in renewable energy, carbon markets, energy smart technologies, carbon capture and storage, and nuclear power. The group has staff of more than 180, based in London, Washington D.C., New York, Beijing, New Delhi, Hyderabad, Cape Town, São Paulo, Singapore, and Sydney.
Bloomberg New Energy Finance Insight Services provide deep market analysis to investors in wind, solar, bioenergy, geothermal, carbon capture and storage, energy efficiency, and nuclear power. The group also offers dedicated services for each of the major emerging carbon markets: European, Global Kyoto, Australia, and the US, where it covers the planned regional markets as well as potential federal initiatives and the voluntary carbon market. Bloomberg New Energy Finance Industry Intelligence provides access to the most comprehensive database of investors and investments in clean energy and carbon. The News and Briefing Service is the leading global news service focusing on clean energy investment. The group also undertakes custom research and runs senior-level networking events.
For more information on Bloomberg New Energy Finance:
http://www.newenergyfinance.com
About Bloomberg
Bloomberg is the world’s most trusted source of information for financial professionals and businesses. Bloomberg combines innovative technology with unmatched analytics, data, news, and display and distribution capabilities, to deliver critical information via the Bloomberg Professional service and multimedia platforms, including Bloomberg Businessweek and Bloomberg Markets magazines. Bloomberg's media properties span television, radio, digital and print, making up one of the world’s largest news organizations. Headquartered in New York, the company employs more than 12,900 people in 166 locations around the world. For more information, please visit http://www.bloomberg.com.
Contact
Tory Patrick
Vantage Communications for On-Ramp
+1 202-558-9826
[email protected]
Sarah Feinberg
Bloomberg LP
+1 202-654-4360
[email protected]
