Trimax Corporation
OTC Bulletin Board : TMXO

Trimax Corporation

November 01, 2007 09:32 ET

Trimax Invests $90,000 Into Revenue Producing Cybersonics Sound Technologies to Help Facilitate Demand for Digital Signage Orders

TORONTO, ONTARIO--(Marketwire - Nov. 1, 2007) - Trimax Corporation (OTCBB:TMXO), providers of Broadband over PowerLine (BPL) communication technologies, announced today that it has further committed to invest into Cybersonics Sound Technologies. The partnership calls for a revenue sharing agreement which allows Trimax to collect revenues from both Cybersonics' businesses; the international web-based corporate broadcast networks and the digital signage and network content management business.

Trimax has recently invested $90,000 into Cybersonics Sound Technologies, a business with over a decade of profits and R&D expertise developing proprietary software and hardware communications technology for 'turn-key' web-based private broadcast networks. This investment will help facilitate new orders and shipments in a timely manner which is anticipated to drive increased revenues from Cybersonics Sound and new found revenues from the digital signage and network content management business to Trimax in the near term. Trimax anticipates increased revenues from both Cybersonics' businesses due in part to this funding, designed to develop the sales channel and corporate infrastructure.

Jim Addario, President of Cybersonics Sound stated, "with the significant efficiencies of BPL and the tools necessary to drive sales of our innovative proprietary digital signage and network management technology, we are positioned to capitalize on this burgeoning industry and quickly grow our bottom line, while at the same time deliver substantial ROI to our clients".

The company anticipates announcing a number of contracts in the very near term when deposits are secured for digital signage orders. Trimax is proceeding with its plan to acquire Cybersonics. The acquisition would further broaden Trimax/PLC's service into the out-of-home advertising digital signage and professional display market, predicted to grow globally to over $14 billion by 2011.

Trimax recently acquired Cybersonics Broadcast Services proprietary digital signage technology on August 8, 2007, through an asset purchase agreement. The asset purchase provides Trimax with all of Cybersonics' software and management tools, proprietary hardware designs, source code, copyrights and all intellectual property, digital signage reseller agreements, distribution agreements and purchase orders for customer's digital signage and out-of-home advertising networks.

About Trimax / PLC

Trimax and its wholly owned subsidiary, PLC Network Solutions Inc., are providers of Broadband over Power Line (BPL) communication technologies. Trimax/PLC specializes in the development, distribution, implementation, and servicing technologies that use the power grid to deliver 128-bit encrypted high-speed symmetrical broadband for data, voice, video transmission, and many other carried applications including Digital Signage. BPL is a communications technology that transforms the existing ubiquitous powerline infrastructure and common electrical wiring in commercial and residential buildings into a high-bandwidth network. Broadband is delivered simultaneously on a single platform to every electrical outlet throughout the home or business. To connect, users simply plug a modem into any electrical outlet, and plug their computer, phone, security camera, digital screen or IP device into the modem.

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.

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