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November 24, 2003

Ambient Announces Award of Additional Patent; Ambient's Successful Funding Results in Release of Lien on Its Technology

NEWTON, Mass.--(BUSINESS WIRE)--Nov. 24, 2003--Ambient Corporation (OTCBB: ABTG), a leader in Power Line Communications technology (PLC), today announced the award of U.S. Patent Number 6,646,447 for "Identifying One of a Plurality of Wires of a Power Transmission Cable."
Dr. Yehuda Cern, Chief Engineer of Ambient Corporation, stated, "This patent represents another important step in the expansion of the use of underground medium voltage distribution cables to carry high speed data signals." John J. Joyce CEO added, "The award of our new patent is another significant addition to Ambient's expanding patent portfolio." Additionally, on November 20, 2003, Ambient completed the private placement of approximately $4.6 Million of its three-year 6% convertible debentures. In connection with this funding, Consolidated Edison Company of New York, Inc., Ambient's principal stockholder and development partner released its lien on the Company's assets previously granted to secure advances made to Ambient. This funding, coupled with the continued progress in the Company's patent portfolio, will enable Ambient to move its technology towards commercialization, enter into new strategic development relationships and respond to global opportunities for power line communications. About Ambient Corporation Ambient Corporation (OTC BB: ABTG) is a development stage company engaged in the design, development and marketing of equipment and technologies that utilize existing electrical power medium voltage and low voltage distribution lines as a medium for the delivery of broadband and other communication services. The use of an electric power distribution system as a high-speed communication medium is commonly referred to as "power line communication" or "broadband over power lines."

Visit us at www.ambientcorp.com. This press release may contain forward-looking statements that involve risks and uncertainties. These statements may differ materially from actual future events or results. Readers are referred to the documents filed by Ambient Corporation with the SEC, including the company's most recent report on Form 10-KSB and 10-QSB, which identify important risk factors that could cause actual results to differ from those contained in the forward-looking statements. Ambient is a trademark of Ambient Corporation registered in the U.S. Patent and Trademark Office.

Contacts


Ambient Corporation
Anna E. Croop, 617-332-0004, ext. 210
anna.croop@ambientcorp.com


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