SOURCE: Market Pulse

October 06, 2005 08:30 ET

Market Pulse Breaking News Alert for Thursday, Oct. 6, 2005: TMXO -- Exclusive Park Plaza Towers in Mumbai (Formerly Bombay) India Selects PLC Network Solutions to Install Its Next Generation BPL


NOTE TO EDITORS: The Following Is an Investment Opinion Being Issued by Market Pulse.

ATLANTA, GA -- (MARKET WIRE) -- October 6, 2005 -- Market Pulse News Alert for this AM, Stocks to Watch are: Trimax Corporation (OTC BB: TMXO), JDS Uniphase Corp. (NASDAQ: JDSU), Go America Inc. (NASDAQ: GOAM) and Novavax Inc. (NASDAQ: NVAX).

Investors need to be watching Trimax Corporation (OTC BB: TMXO) this AM! Trimax, through its wholly owned subsidiary PLC Network Solutions Inc., offers a range of Broadband over Powerline (BPL) solutions, which includes offering secure 128kb high-speed Internet access, VoIP services and the emerging IPTV technology. The company delivers its products and services over the existing power grid. Consumers can enjoy always-on high-speed broadband access and electricity simultaneously from every electrical outlet in the premises at bandwidth speeds many times faster than cable, DSL or satellite. PLC Network Solutions' technology has been successfully deployed in over 25 countries around the globe, and can be installed in commercial and residential applications, including homes, apartments, office buildings, hotels, schools, shopping malls, museums and government buildings. TMXO is poised to be a significant player in this rapidly growing technology sector. TMXO just had excellent news out in a press release before today's opening bell announcing that its newest generation (BPL) Broadband over Powerline devices has been selected to serve the exclusive Park Plaza Towers, located in Mumbai (formerly Bombay) India! Investors should be watching this one closely!

Trimax Corporation (OTC BB: TMXO), through its wholly owned subsidiary, PLC Network Solutions, today announced that its newest generation (BPL) Broadband over Powerline devices has been selected to serve the exclusive Park Plaza Towers, located in Mumbai (formerly Bombay), India.

The Park Plaza Towers in Mumbai (formerly Bombay) is one of the city's most extravagant and exclusive private resident towers within India's biggest and wealthiest city, holding a population of 18 million people making it the 3rd most populated city in the world. The average suite within its towers is priced at over $1million US. The agreement between PLC and the Park Plaza Towers initially calls for devices to be installed for a 3-month test pilot program. After a successful test period, PLC will be the exclusive provider to deploy its devices and services throughout the buildings. In addition, the agreement calls for PLC to provide Park Plaza Towers with VoIP service as well as other applications, subject to demand, such as IPTV. The Park Plaza Towers consists of 2 buildings with 18 floors and 36 units in each building. Building management has expressed an interest in contracting PLC to service other buildings within the company's portfolio of buildings so that it can offer its tenants the speed, reliability and plug-and-play convenience of BPL Internet access. PLC's new 205 mbps devices will provide The Park Plaza Towers with symmetrical upload and download speeds of 20-30 mbps -- enough to fully exploit high-bandwidth applications such as VoIP, video-on-demand and IPTV.

PLC's BPL technology uses the existing electrical wiring to deliver broadband to every electrical outlet throughout the building and can also link tenants to network printers and faxes. The installation is expected to be implemented 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, said: "We are very excited about having the opportunity to enter the Indian market which currently holds the world's 4th largest economy and is growing at an enormous rate. This potential deployment demonstrates that PLC Network Solutions is fulfilling its strategy of becoming an international player within the BPL Industry. We are pleased to have The Park Plaza Towers become the first building in India to have access to our new generation of 205 mbps powerline technology. The technology 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 digital, 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 believe there will be a real trend toward the adoption of these low-cost BPL technologies worldwide."

"We are thrilled with the potential of the technology, and are eager to see it in action. If the tests go as all parties expect then we will be more than pleased to have the devices and technology deployed within our other portfolio of buildings," stated Shashi Ranjin, Chairman of Park Plaza Towers.

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 for-front of this new technology revolution, which will include expanding its reach throughout the world.

About Park Plaza Towers

Park Plaza Towers is located within one of Mumbai's (formerly Bombay) more wealthy suburbs. On top of holding the Park Plaza Towers, the company has other high-end properties within Mumbai (formerly Bombay) and is considered one of the bigger landlords within the city. The building, mailing address, and its key management are located at Yari Road, Versova Village, Andheri (w), Mumbai 400 058.

Stocks in the news and acting well as of late include: JDS Uniphase Corp. (NASDAQ: JDSU), Go America Inc. (NASDAQ: GOAM) and Novavax Inc. (NASDAQ: NVAX).

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