Trimax Corporation and its wholly owned subsidiaries, Multi-Source Inc. (MSI), and PLC Network Solutions Inc. (PLC) (OTCBB: TMXO), leading providers of Broadband over Powerline (BPL) communication technologies, is pleased to announce today that it has signed a Letter of Intent to form a joint venture relationship with Langdon Wilson International of Los Angeles, California to distribute its BPL technology.
Landon Wilson International, a leading International design firm offering services that include architecture, master planning, urban design, space planning and project management is presently working on projects in over 18 countries around the globe. Langdon Wilson has a diverse portfolio of award-winning projects with a construction value in excess of $12 billion. As well as new construction, Langdon Wilson is involved in upgrading and retrofitting existing buildings and is excited to be able to specify the benefits of BPL to their clients. Langdon Wilson will be able to offer Trimax/ MSI/ PLC's suite of broadband over powerline (BPL) IP applications and services including internet, VoIP, surveillance cameras, video on demand, IPTV and real time data acquisition and control for automatic meter reading (AMR) and equipment automation.
Notable projects Langdon Wilson International has been responsible for are: The World Plaza, Shanghai, China, Beijing Hi-Tech Convention Center, Beijing, China, Gateway Center, Los Angeles CA, 777 Tower, Los Angeles, CA, Cardiac Hospital, Kuwait, Hyatt Hotel and Conference Center, Valencia, CA, Port Manama, Bahrain and Mountain Resort Lodge, Taiwan.
Trimax/MSI/PLC is excited to deploy a client site of Langdon Wilson's choice to run a series of demonstrations showcasing the different applications of the technology. The implementation of a BPL network significantly reduces disruption to the business, installation time and capital expenditure costs by utilizing the existing electrical wiring. BPL is like a fiber optic extension to every electrical outlet in a building without having to run new wires. The partnership will provide affordable high speed triple-play broadband services to utilities, government, institutions, business and residential users in order to meet the increasing demand for bandwidth.
Asad Khan, President Of Langdon Wilson, commented, "We have been pleased with Trimax's professionalism in being able to answer our questions on the technology and we look forward to what we hope to be a fruitful relationship together in being able to bring this exciting technology to the main stream."
Derek Pepler, President, Trimax/MSI/PLC, commented, "Over the past 55 years Langdon Wilson International has developed a global network of clients and earned an impeccable reputation as an industry leader. As an innovator that takes on challenging projects, Langdon Wilson can further differentiate itself from the competition by offering its clients the benefits of our BPL technologies. Trimax/MSI/PLC is excited about the prospect of penetrating new markets, especially with a partner who knows the playing field with locals on the ground."
About Langdon Wilson International http://www.langdonwilson.com/
About Trimax/PLC Networks Inc.
Trimax and its wholly owned subsidiaries Multi-Source Inc. (MSI) and PLC Network Solutions, Inc. (PLC) specialize in Broadband over Powerline (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. Trimax/PLC offers a range of broadband over powerline solutions, which includes offering secure 128 bit encrypted scalable broadband access, VoIP services and soon to be offered IPTV technology. The company believes that BPL will be the next widely accepted communications technology.
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.