PLC Network Solutions Contracts With Mentor Properties to Install Its Broadband Over PowerLine (BPL) Devices and Bundled Services (ISP, VoIP)20 October 2005
Trimax Corporation (OTC BB: TMXO), through its
wholly owned subsidiary PLC Network Solutions Inc. ("PLC"), today announced
that it has signed an agreement with Mentor Properties of Toronto, Canada,
to install its Broadband over Powerline (BPL) devices, and bundled services
(ISP, VoIP) in three buildings within its portfolio of properties 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. Additionally, Mentor has
also contracted PLC to be the ISP and VoIP provider to these units,
demonstrating that PLC can be a solid competitor to existing providers, and
profiting from the recurring revenue base. PLC Network Solutions has been
pleased at the level of growing interest from building landlords within
North America and various parts of the world that are contemplating moving
to Broadband over Power Lines (BPL) to access their Internet and VoIP
needs.
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. It is estimated that 40 percent of
all broadband access by the year 2010 will be through Broadband over Power
Lines (BPL) representing a market worth Billions of Dollars. 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
(ISP, VoIP). 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 )
About Mentor Properties Inc.
Mentor Properties Inc. is a real estate investment company that provides
homeowners and investors quality built homes with exceptional value. For
the past 19 years, Mentor Properties has been developing quality homes and
condominiums in Canada and the U.S.
For More Information Please Visit ( http://www.mentorproperties.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.
Contact:
PLC Network Solutions, Inc.
Investor Relations
Tel: 1-416-368-4060
Toll Free: 1-877-368-4060
http://www.plcnetsolutions.com
SOURCE: Trimax Corporation
Source: Marketwire
All trademarks and copyrighted information contained herein are the property of their respective owners.
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