Business Services Industry
Arkados Addresses European Leaders at Net-atHome 2007 and HomePlug European Executive Seminar
Business Wire, Nov 14, 2007
CEO Oleg Logvinov to address international audience as growth in European home network and broadband access markets continues
NICE, France -- Arkados (OTC BB: AKDS), known as "the HomePlug([R]) Applications Company," announces that Oleg Logvinov, CEO and president of Arkados, and chief strategy officer of the HomePlug Powerline Alliance, will address an audience of European home networking leaders at two events this week in Nice, France: Net-atHome 2007 and the 2007 HomePlug European Executive Seminar.
Currently celebrating its 10th year as the only event in Europe that covers the entire Connected Home domain, the Net-atHome conference features Mr. Logvinov in a session entitled "10 countries; one connected home world" to be held at 2PM on Wednesday, November 14th. On November 15th at 4PM, Mr. Logvinov will join other international HomePlug member companies in a session entitled "Interoperability, Effective Coexistence, Interference Concerns and Worldwide Regulatory Requirements" at the 2007 HomePlug European Executive Seminar. Both events focus on the growth of connected home markets in Europe.
An October report from analyst firm Parks Associates notes that home network growth in Europe grew tremendously between 2004 and 2006, with a growth rate surpassing North American and Asian countries. In some countries, the percentage of households with a network tripled in this time span. Recent events in the IEEE 1901 work group, which creates worldwide technology standards for powerline communication, have also drawn close attention to companies with HomePlug based solutions.
As a supplier of turnkey solutions for connected home products, Arkados is often recognized as a leader in the field and often called upon to speak at prestigious events. 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. Arkados will exhibit several of their solutions at both events this week. 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[R] is a registered trademark and ArkTIC[TM] and Direct to Speaker[TM] are trademarks of Arkados Inc., a wholly owned subsidiary of the Arkados Group, Inc. HomePlug([R]) 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 http://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, the company's ability to raise necessary financing, ability to attract and retain key personnel, timely delivery of inventory by the company's contract manufacturers, timely product development and acceptance, and the impact of competitive services and pricing and general economic risks and uncertainties.
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