PLC Network Solutions Finalizes Agreement to Install Its BPL Devices and Bundled Services Within Three, 40 Story Luxury Towers Located at Copper Squar24 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 its Broadband over Power Line (BPL)
devices within the consortium's three new 40-story luxury towers. The
towers will be constructed in downtown Phoenix, Arizona, in a well-known
upscale area called Copper Square, with construction expected to commence
by September of 2006. In addition, PLC Network Solutions is pleased to also
be the ISP and VoIP provider for the 3 buildings, which will allow PLC to
revenue-share with the condo association and benefit from the recurring
revenues from these services. PLC is in further discussions for the
installation of its devices and bundled services for more properties within
the consortium's portfolio.
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. 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 various 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 market projections for (BPL)
Broadband over Power Line anticipates 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 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.
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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