PLC Network Solutions Finalizes Agreement to Install Its BPL Devices and Services Within Three, 40 Story Luxury Buildings Located at Copper Square, Phoenix, Arizona
Market Wire, November, 2005
Trimax Corporation (OTC BB: TMXO), through its wholly owned subsidiary, PLC Network Solutions ("PLC"), today announced that it has finalized an agreement with Pointe Of View Developments and Belleview Communities to install Broadband over Power Line (BPL) devices within the consortium's three new 40 story towers. The towers will be built in downtown Phoenix, Arizona in a well-known upscale area called Copper Square, with construction expected to commence by September of 2006. PLC will provide the ISP and bundled services to the 3 buildings.
Copper Square (http://www.coppersquare.com/) is an area of 90 blocks where over 26,000 people work. It is a vibrant section of Phoenix with restaurants, bars, markets, cafes, museums, live music and concerts. Presently over $3 billion has been invested in the area.
PLC's new 205mbps Broadband over Power Line devices will provide tenants of The Buildings at Copper Square with symmetrical upload and download speeds of 20-30 mbps -- more than enough to run high bandwidth applications such as VoIP, video-on-demand and IPTV on one convenient platform. In addition, PLC Network Solutions is pleased to have been chosen the ISP and VoIP provider for The Plaza Residences, which will allow PLC to revenue share with the condo association and benefit from the recurring revenues from these services.
PLC's BPL technology uses the existing electrical wiring to deliver broadband to every electrical outlet throughout the building and networks all computers, printers and faxes, etc. within the tenant's premises. The technology is usually installed in a matter of hours or days instead of weeks or months, and avoids the expense and disruption of tearing apart walls to run new cables.
Derek Pepler, President of PLC Network Solutions, stated: "We are very pleased to have The Condominiums at Copper Square implement our 205mbps BPL devices and bundled services. We are equally gratified at the level of response that PLC has been receiving from landlords and property management companies for its devices and bundled services from countries around the globe. This technology has proven itself as a low-cost, high-bandwidth broadband solution. PLC's technology turns the existing ubiquitous power line infrastructure into a 'third wire' for delivering data, voice and video to homes and businesses. As consumers increasingly demand economical bandwidth solutions for a range of new applications such as VoIP and IPTV, we are seeing a strong trend toward the adoption of these low-cost BPL technologies. The latest projections for Broadband over Power Line see the U.S. market growing 106 percent annually during the next six years."
"We are thrilled to be integrating this amazing new technology (BPL) into our buildings, as well as having PLC Network Solutions as our ISP and VoIP provider," stated Cal DeSouza, Managing Partner of Copper Pointe Condominiums, The Residences at Copper Point and The Lofts at Copper Point. "Broadband access has become an essential service and having Broadband over Power Line technology in our buildings is an asset we will be able to use to attract and retain residents. We expect to save a huge amount of capital in cabling costs during construction. As well, PLC's plug-and-play technology is easy to administer and maintain, and even easier for tenants to use. The increased availability of bandwidth will enable our tenant's access to other services such as VoIP, video-on-demand and IPTV when they are required."
About PLC Network Solutions Inc.
PLC Network Solutions Inc. is an international provider of leading Broadband over Power Line (BPL) communication technologies. BPL is a disruptive communications technology that turns the existing ubiquitous power line infrastructure and common electrical wiring in commercial and residential buildings into a high-bandwidth network. PLC Network Solutions specializes in the development, distribution, implementation, and servicing technologies that use the power grid to deliver high-speed symmetrical broadband for data, voice and video transmission, simultaneously on a single platform, to every electrical outlet throughout the home or business. PLC's BPL technology uses the existing electrical wiring as a "smart" network to connect computers, printers, faxes, entertainment systems, etc. within the home or office. Installation is usually implemented in a matter of hours or days instead of weeks or months and avoids the expense and disruption of burying cables or tearing apart walls to run new wires which is necessary for other broadband access technologies. This technology has been successfully deployed in over 25 countries around the globe, in homes, apartments, office towers, schools, hotels, hospitals, museums and government buildings.
For More Information Please Visit (http://www.plcnetsolutions.com/)
For More Information on Copper Pointe Condominiums Please Visit (http://www.copperpointeaz.com/)
This news release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995 (The "Act"). In particular, when used in the preceding discussion, the words "pleased," "plan," "confident that," "believe," "expect," or "intend to," and similar conditional expressions are intended to identify forward-looking statements within the meaning of the Act and are subject to the safe harbor created by the Act. Such statements are subject to certain risks and uncertainties and actual results could differ materially from those expressed in any of the forward-looking statements. Such risks and uncertainties include, but are not limited to, market conditions, general acceptance of the Company's products and technologies, competitive factors, the ability to successfully complete additional financings and other risks described in the Company's SEC reports and filings.
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