PCN to highlight its iPLC™ Convergence Technology for Transmitting, Switching and Routing of Data across Dissimilar & Alternative Networks within Energy & Industrial Grids

May 31, 2008 – For Immediate Release - Washington D.C. – Energy Efficiency Summit East 2008 today announced that PCN Technology will participate in a panel discussion on identifying opportunities for utility technology applications in Smart Grid, AMI and Energy Storage systems for demand management and response at its September 2008 meeting..

The Energy Efficiency Summit East 2008 will explore the current status and future direction for energy efficiency and demand management programs, technologies and finance. It will bring utilities and ESCOs together with customer groups such as REITs and data centers to examine barriers to the commercialization and implementation of new energy efficiency technology. The meeting will explore the available scope for energy efficiency in combating climate change. Additionally, regulatory authorities will examine how current barriers to full utility participation in energy efficiency can be eliminated and incentives developed to enhance utilities roles in energy efficiency and demand management. Finally, investors and technology developers will share their insights in a sector-by-sector overview of the market for new energy efficiency and demand management technologies.

“We’re very excited to have PCN Technology, Inc. on our ‘Opportunities for Utility Technology Applications—Smart Grid, AMI and Energy Storage Systems for Demand Management & Response’ to discuss their award-winning technology,” said Yiuping Shu, Infocast Energy Efficiency Summit Conference Producer. “PCN’s powerline communications system technology provides a key enabler to support the emerging needs of smart grids and the demand side capabilities of emerging AMI technologies.”

PCN’s award winning advanced Grid MicroCircuits™ technology facilitate cost effective implementation and unparalleled system performance in reliable medium communication bandwidth over multi-mile distances, and which features the ability to develop large-scale mesh networks with its iPLC technologies.

Similar to the switching and routing of IP data packets across vast products and architectures on IP based networks; PCN uses the common medium of the powerline as an alternative network to provide the switching and routing of mission critical data across vast dissimilar protocols and architectures. As the network grows with PCN’s embedded nodes; more and more industrial and energy systems seamlessly communicate.

By using its advanced iPLC technology to provide data transfer across the network, PCN allows for the integration of next generation automated metering infrastructure, energy management and industrial solutions.

“PCN is proud to serve as a panelist that includes some of the nation’s top leaders in energy management and efficiency as well as new technology commercialization initiatives” said Dan Drolet EVP – Business Development for PCN. “ Our Grid MicroCircuits™ products allow standard digital signal processing methods for the switching and routing of data packets on the low and medium voltage power grid. Our interoperability with standard data protocols allows for seamless integration of heterogeneous networks to support ongoing and future AMI/AMR, Industrial Networking and overall energy management initiatives.”- says Drolet.

About Energy Efficiency Summit East 2008 Energy Efficiency Summit East 2008:
The Energy Efficiency Summit East 2008 will explore the current status and future direction for energy efficiency and demand management programs, technologies and finance. It will bring utilities and ESCOs together with emerging customer groups such as data centers to explore the opportunities for expanding the use of energy efficiency and demand response technologies. Regulatory authorities will examine how to foster the implementation of energy efficiency and demand response, while investors and technology developers will provide an overview of new technologies that reduce energy usage in residential, commercial, utility and technology sectors. For more information, see the conference website: www.infocastinc.com/efficiency

About PCN:
Based in Santa Clara, CA with offices in the Midwest and East Coast USA; PCN designs, develops and manufacturers embedded subsystem components that are based on its award winning and patented iPLC™ - industrial powerline communication and networking technologies. Using alternative networks such as energy grids and industrial networks to transmit across multiple products and architectures; PCN provides real-time, two-way mission critical data networking and communication solutions for its customers.

In 2007, PCN was the recipient of the Frost and Sullivan North American Technology Award for Smart Metering for it’s Grid MicroCircuits™ products. Also in 2007 PCN was selected as “The Most Outstanding Clean Energy Smart Grid Venture” from the Austin Texas Clean Energy Venture Conference. Additionally, PCN was selected as one of the Top 40 Technology Companies in California by EuroStart Capital Partners and Senior Executives from Siemens, T-Mobile, GE, Fiat, British Telecom BT, SAP, ST Microelectronics, among others where it was highlighted at the California Technology Showcase (CTS 2007) in Western France.
PCN Technology, iPLC, Grid MicroCircuits & GridSweep and the PCN logo are trademarks of PCN Technology, Inc. in the United States and other countries. For more information, contact: www.pcntechnology.com