Trimax Receives NASD Approval to Re-List on the OTCBB Exchange
Market Wire, March, 2007
Trimax Corporation (PINKSHEETS: TMXO) (OTCBB: TMXO) and its wholly owned subsidiary, PLC Network Solutions, Inc. (PLC), providers of Broadband over Powerline (BPL) communication technologies and services, announced today that it has received notification from the NASD that it is eligible to re-list and graduate back to the OTCBB exchange from the pinksheets.
On March 2, 2007, Trimax was relegated to the pinksheets due to NASD rule 6530, which states that if an issuer is late with its mandated filing requirements three times during a 24-month period, it would automatically be moved from the OTCBB to the pinksheets. Shortly after being notified of the de-listing rule, Trimax filed a request to the Securities and Exchange Commission for a date change, which the commission reviewed, approved and implemented. This exonerated Trimax from an infraction under NASD rule 6530 allowing it to be re-listed on the OTCBB.
Trimax is now in the process of filing the necessary forms to be re-listed and expects to be trading on the OTCBB exchange as early as 5 to 10 days from filing.
Trimax is in the process of appointing additional officers, directors and advisors to assist in the new commitments the company is undertaking as well as in its future growth.
About Trimax / PLC
Trimax and its wholly owned subsidiary PLC Networks Inc. are providers of Broadband over Power Line (BPL) communication technologies. Trimax/MSI/PLC specializes in the development, distribution, implementation, and servicing technologies that use the power grid to deliver 128-bit encrypted high-speed symmetrical broadband for data, voice and video transmission. 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. Broadband is delivered simultaneously on a single platform, to every electrical outlet throughout the home or business. To connect, users simply plug a modem into any electrical outlet, and plug their computer, phone, security camera or IP device into the modem.
Investor Relations
For More Information Please Visit ( http://www.plcnetworksinc.com/ ) ( http://plcnetsolutions.com/ )
Contact: Trimax Corporation Investor Relations Tel: 416-368-4060 Toll Free: 1-877-368-4060 Email: info@plcnetsolutions.com
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