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                                   EXHIBIT 14

                               AMBIENT CORPORATION

                  CODE OF ETHICS FOR SENIOR EXECUTIVE OFFICERS
                                       AND
                            SENIOR FINANCIAL OFFICERS


        This Code of Ethics applies to Ambient Corporation's Chief Executive
Officer, President, Chief Financial Officer and Controller (and others
performing similar senior executive and financial functions at Ambient from time
to time in the future). Ambient expects all of its employees to act in
accordance with the highest standards of professional integrity in all aspects
of their business activities, to comply with all applicable laws, rules and
regulations, to deter wrongdoing and abide by all policies and procedures
adopted by Ambient that govern the conduct of its employees. But because of your
leadership positions, you are setting an example for the rest of our employees
and are expected to comply with this Code of Ethics to foster a culture of
integrity and honesty in all of our dealings.

Accordingly, you agree to:

        1.      Engage in and promote honest and ethical conduct, including the
                ethical handling of actual or apparent conflicts of interest
                between personal and professional relationships;

        2.      Avoid conflicts of interest and disclose to the Audit Committee
                of the Board of Directors in advance any transaction or
                relationship that reasonably could be expected to give rise to
                such a conflict;

        3.      Take all reasonable measures to protect the confidentiality of
                non-public information about Ambient or its subsidiaries
                obtained or created in connection with your activities and
                prevent the unauthorized disclosure of such information unless
                required by applicable law or regulation or legal or regulatory
                process, and refrain from using such confidential information
                for personal advantage;

        4.      Take all reasonable measures to achieve responsible use of and
                control over Ambient's assets and resources.

        5.      Promote full, fair, accurate, timely and understandable
                disclosure in reports and documents that Ambient or its
                subsidiaries files with, or submits to, the Securities and
                Exchange Commission and other regulators and in other public
                communications made by Ambient.

        6.      Comply with Ambient's policies and procedures.

        7.      Act in good faith, responsibly, with due care, competence,
                diligence, and without knowingly misrepresenting material facts
                or allowing your better judgment to be subordinated.

        8.      Comply with applicable governmental laws, rules and regulations,
                as well as the rules and regulations of The Nasdaq Stock Market
                (including the over-the-counter Bulletin Board) and/or any other
                self-regulatory organizations of which Ambient is a member; and

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        9.      Promptly report any possible violation of this Code of Ethics to
                the Audit Committee of the Board of Directors.

        10.     Make every effort to cooperate with Ambient's internal auditor
                and independent auditors.

                You understand that you will be held accountable for your
                adherence to this Code of Ethics. Your failure to observe the
                terms of this Code of Ethics may result in disciplinary action,
                up to and including termination of employment. Violations of
                this Code of Ethics may also constitute violations of law and
                may result in civil and criminal penalties for you, your
                supervisors and Ambient.

                If you have any questions regarding the best course of action in
                a particular situation, you should promptly contact any member
                of the Audit Committee or Ambient's outside legal counsel.


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                YOUR PERSONAL COMMITMENT TO THE AMBIENT CORPORATION CODE OF
                ETHICS FOR SENIOR EXECUTIVE OFFICERS AND SENIOR FINANCIAL
                OFFICERS

                I acknowledge that I have received and read the Code of Ethics
                for Senior Executive Officers and Senior Financial Officers of
                Ambient Corporation, and understand my obligations to comply
                with the Code of Ethics.

                I understand that my agreement to comply with the Code of Ethics
                does not constitute a contract of my employment.

                Please sign here: ___________________________ Date:_____________

                Please print your name: ____________________________



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