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Market Pulse Breaking News Alert for Thursday, Oct. 20, 2005: TMXO -- PLC Network Solutions Contracts With Mentor Properties to Install It's Broadband20 October 2005
Market Pulse News Alert for this AM, Stocks to Watch are: Trimax Corporation (OTC BB: TMXO), Motorola Inc. (NYSE: MOT), Microsoft Corp. (NASDAQ: MSFT) and Yahoo! Inc. (NASDAQ: YHOO).
Investors need to be watching Trimax Corporation (OTC BB: TMXO) this AM! Trimax, through its wholly owned subsidiary PLC Network Solutions Inc., offers a range of Broadband over Powerline (BPL) solutions, which includes offering secure 128kb high-speed Internet access, VoIP services and the emerging IPTV technology. The company delivers its products and services over the existing power grid. Consumers can enjoy always-on high-speed broadband access and electricity simultaneously from every electrical outlet in the premises at bandwidth speeds many times faster than cable, DSL or satellite. PLC Network Solutions' technology has been successfully deployed in over 25 countries around the globe, and can be installed in commercial and residential applications, including homes, apartments, office buildings, hotels, schools, shopping malls, museums and government buildings. TMXO is poised to be a significant player in this rapidly growing technology sector. TMXO just had excellent news out in a press release before Thursday's opening bell announcing that it has signed an agreement with Mentor Properties to install its BPL and bundled services! This could be great news for investors!
PLC Network Solutions Inc., through its parent Trimax Corporation (OTC BB: TMXO), today announced that it has signed an agreement with Mentor Properties of Toronto, Canada to install it's Broadband over Powerline (BPL) devices, and bundled services in three buildings in its portfolio totaling approximately 213 units. Mentor is installing PLC's new 205 Mbps Broadband over Powerline devices that will provide its tenants with symmetrical upload and download speeds of 20-30 Mbps -- considerably more than cable or DSL, and enough to run concurrent high-bandwidth applications such as VoIP, video-on-demand and IPTV on the same platform.
PLC Network Solutions is an international provider of leading Broadband over Powerline (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. PLC's devices run simultaneously on a single platform to every electrical outlet throughout the premises.
PLC's BPL technology uses the existing electrical wiring to network 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. This installation avoids the expense and disruption of burying cables or tearing apart walls to run new wires which is necessary for most broadband access technologies.
The demand for access to higher bandwidth connections is constantly growing due to today's lifestyle. Access to constant high-speed Internet broadband is deemed an essential service by governments around the globe. Consequently, many residential and commercial property rental or purchase decisions are being driven by the types of amenities offered. Included in this are features like high-bandwidth internet access, VoiP, Video on demand, and IPTV, which are all part of PLC's plug-and-play In-Building Solutions. Retaining low tenant churn rates helps to increase landlord revenues which results in appreciated property value.
Derek Pepler, President of PLC Network Solutions, stated: "We are very pleased to have Mentor Properties use our technology and bundled services. VoIP is growing quickly in popularity and we see it becoming the next generation of telephony solutions. PLC is pleased at the response it is receiving to the technology and has had many inquiries for its products and services in cities such as Toronto throughout North America. BPL holds great promise 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 demand increases for economical bandwidth solutions for a range of new applications such as VOIP and IPTV, we believe there will be a strong trend toward the adoption of these low-cost BPL technologies worldwide."
Earl Robinson, President of Mentor Properties, stated: "We see BPL as an efficient low cost solution we can offer to our tenants to access new communications services such as VoIP, IPTV and video-on-demand as is required. It would be very costly and disruptive to run all new cabling throughout these buildings, and with PLC Network Solutions that cost is eliminated."
About PLC Network Solutions Inc.
PLC Network Solutions Inc. specializes in Broadband over Power line (BPL) 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. PLC Network Solutions offers a range of broadband-over-power-line solutions, which includes offering secure 128kb high-speed Internet access, VoIP services and soon to be offered IPTV technology. The company believes that BPL will be the next widely accepted technology. PLC Network Solutions anticipates that the company and its devices will be at the forefront of this new technology revolution, which will include expanding its reach throughout the world.
For More Information Please Visit (http://www.plcnetsolutions.com/)
Stocks in the news and acting well as of late include: Motorola Inc. (NYSE: MOT), Microsoft Corp. (NASDAQ: MSFT) and Yahoo! Inc. (NASDAQ: YHOO).
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MP, because it relies on information supplied by various third parties disclaims any responsibility for the accuracy of such information. Any investor considering making an investment in any security which has been the subject of a MP analysis or opinion should, before making any such investment, consult with his/her market professional and/or do his/her own independent research regarding the company which is the subject of an MP opinion, recommendation or analysis. Information regarding companies which MP has opined upon is normally available from many sources including the subject company's filings with the SEC and various press releases issued by the company.
You should be aware that MP is often compensated for issuing analyses, recommendations or opinions concerning particular companies. Its opinion is therefore not unbiased and you should consider this factor when evaluating MP's statements regarding a company. MP has been compensated in free trading shares of common stock, available for public trading as follows: Trimax Corporation compensation from a third party shareholder: two hundred thousand free trading shares of stock in Trimax Corporation, already delivered from a third party shareholder. MP has contracted to receive an additional two hundred thousand free trading shares of Trimax Corporation from a third party shareholder but has not yet received these shares. To date, MP has sold zero shares of stock in Trimax Corporation. MP's officers and directors reserve the right to buy additional shares of the companies discussed in this opinion and may profit in the event those shares rise in value. When MP receives free trading shares as compensation for a profiled company, MP may sell part or all of any such shares during the period in which MP is performing such services. Market-Pulse.com and Market Pulse Breaking News Alert are owned by Market Pulse LLC.
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