Advanced Powerline Technologies Announces Update on Its Broadband Technology
01 Juillet 2005 - 11:56PM
Business Wire
Advanced Powerline Technologies, Inc. (Pink Sheets:APWL) announced
today that it is continuing development of its broadband
technologies, particularly as it relates to the emerging power line
communications industry. With its patented power line communication
and its patented broadband over power line technology (BPL), this
new type of communication will transform your television viewing,
Internet access, in-house environmental controls, and security
experiences by merging the technologies into a single medium which
will be controlled and accessed through a cellular telephone. Power
line communication devices offer a solution to the dilemma of
costly wiring and delays in delivery to the consumer. Simply
plugging a device into an electrical outlet enables PLC devices to
communicate with devices plugged into outlets throughout the home
or office. Additionally, APWL's power line communication devices
include what it considers to be the "final solution" to the
broadband over power line issue. Today, APWL sees viable
competition from multiple platforms including cable modem services,
satellite, Wi-Fi, Wi-Max and DSL however, BPL provides a new
potential competitor in the entertainment, information, security
and communications industries. APWL's technology holds a promising
future in the improvement of effectively managing electrical power
distribution, dramatically enhancing homeland security and
protecting vital elements of the Nation's infrastructure. By
combining all elements of power line communications with digital
devices and Internet access, APWL is poised to become a world
leader in its field with substantial anticipated annual revenues by
2010. Certain statements in this news release may contain
forward-looking information within the meaning of Rule 175 under
the Securities Act of 1933 and Rule 3b-6 under the Securities
Exchange Act of 1934, and are subject to the safe harbor created by
those rules. All statements, other than statements of fact,
included in this release, including, without limitation, statements
regarding potential future plans and objectives of the company, are
forward-looking statements that involve risks and uncertainties.
There can be no assurance that such statements will prove to be
accurate and actual results and future events could differ
materially from those anticipated in such statements. Technical
complications that may arise could prevent the prompt
implementation of any strategically significant plan(s) outlined
above. The company cautions that these forward-looking statements
are further qualified by other factors. The company undertakes no
obligation to publicly update or revise any statements in this
release, whether as a result of new information, future events or
otherwise.
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