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Arkados Featured on Industry Panel at "Digital Hollywood at NXTcomm"

Business Wire, June 19, 2007

Arkados President and CEO Joins Conversation on Converging Computing and Entertainment Environments

CHICAGO -- Arkados[TM] (OTC BB: AKDS), known as "the HomePlug[R] Applications Company," announced today that Arkados president and CEO Oleg Logvinov will participate in a discussion entitled "The NexGen Entertainment Home Experience: From the Smart & Connected TV to the PVR, Set-Top & PC Experience" at the Digital Hollywood Conference, on Tuesday, June 19, 2007 at 2PM. The Digital Hollywood conference takes place during NXTcomm 2007 at Chicago's McCormick Place, June 18-21.

"The industry is at a very exciting juncture, and as a supplier of semiconductors and software for this market, Arkados delivers core technology to distribute video and audio content to televisions and audio systems throughout the house," Logvinov said. "Many people are now familiar with the different ways to access and enjoy movies, television, and music collections. The dream of the digital home is to allow access to entertainment and internet content wherever a consumer may want to experience it."

He continued, "The team at Arkados was one of the founders of the HomePlug Powerline Alliance, and we have been active in helping to make this vision reality for many years. By incorporating HomePlug technology into our system-on-chip (SoC) solutions, consumers will enjoy hassle-free setup with no additional wiring. We believe that our SoC marks the beginning of a trend where HomePlug technology is integrated into chips targeted for consumer electronics, and deliver top performance at better prices. By delivering technology components to our customers in a turnkey fashion, Arkados enables the developers of consumer electronics products to create feature-rich, cost-competitive products and bring them to market more quickly."

Arkados silicon and software provides a number of solutions for whole-house synchronized audio, distributed video, and a host of other products for the digital home. More information can be found at http://www.arkados.com/products.html.> About Arkados, Inc.

Arkados, "the HomePlug Applications Company," delivers a universal platform that enables networking of home entertainment and computer devices using standard electricity lines. The company's system-on-chip solutions are uniquely designed to drive a wide variety of powerline-enabled consumer electronics and home computing products, such as stereos, radios, speakers, MP3 players, computers, televisions, gaming consoles, security cameras and cable and DSL modems. Arkados customers can bring numerous sophisticated, full-featured products to market faster at a lower overall development cost using a single platform: the company's versatile and programmable ArkTIC[TM] platform. Arkados solutions leverage the benefits of HomePlug Powerline Alliance specifications and can also be used for in-building and to-the-home (BPL) applications. Arkados, ArkTIC[TM] and Direct to Speaker[TM] are trademarks of Arkados Inc., a wholly owned subsidiary of the Arkados Group, Inc. HomePlug is a registered trademark of the HomePlug Powerline Alliance, of which Arkados is a member. Other names and brands may be claimed as the property of others. More information can be found at www.arkados.com.

This release includes "forward-looking statements" within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934 that are based upon assumptions that in the future may prove not to have been accurate and are subject to significant risks and uncertainties, including statements as to the future performance of the company and the risks and uncertainties detailed from time to time in reports filed by the company with the Securities and Exchange Commission. Although the company believes that the expectations reflected in its forward-looking statements are reasonable, it can give no assurance that such expectations or any of its forward-looking statements will prove to be correct. Factors that could cause results to differ include, but are not limited to, successful performance of internal plans, product development acceptance, and the impact of competitive services and pricing and general economic risks and uncertainties.

COPYRIGHT 2007 Business Wire
COPYRIGHT 2008 Gale, Cengage Learning
 

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