Trimax Corporation
OTC Bulletin Board : TMXO

Trimax Corporation

August 30, 2007 10:12 ET

Trimax Corporation Enters Into Lucrative BPL Digital Signage Business by Acquiring Proprietary Multi-Media Network Management Distribution Technology From Cybersonics Broadcast Services Inc.

Out-Of-Home Advertising Digital Signage And Professional Display Market, Predicted To Grow Globally To Over $14 Billion By 2011

TORONTO, ONTARIO--(Marketwire - Aug. 30, 2007) - Trimax Corporation and subsidiary PLC Network Solutions Inc. (OTCBB:TMXO), providers of Broadband over PowerLine (BPL) communication technologies, announced today that it has finalized an asset purchase agreement with Cybersonics Broadcast Technologies Inc. These assets are to be rolled into a new Multi- Media subsidiary to be formed and wholly owned by Trimax.

With the asset purchase, Trimax retains the experienced management and operations expertise of Cybersonics Broadcast President and CEO, James Addario, who has developed international web-based corporate broadcast networks and customized advertising content for many industries.

Trimax/PLC continues to pursue its strategy of increasing its asset base and expanding product lines with new and innovative IP technologies while diversifying distribution channels. The asset purchase provides Trimax/PLC with all 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.

This acquisition broadens 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. This technology, integrated with BPL chipsets, will allow Trimax/PLC to deliver rich, HD digital quality content management services at a fraction of the cost of conventional digital signage networks. The digital signage industry has reached the stage in its evolution where marketers, retailers, government, entertainment and other public venue managers realize the impact and efficiencies that dynamic signage now offers and they are quickly getting with the times. After a recent series of successful project initiatives Trimax/PLC is optimistic in being able to finalize details to announce a number of lucrative contracts within the coming weeks.

"By introducing Broadband over PowerLines as an internal distribution platform for Cybersonics' custom multi-media management solutions, we have created an evolutionary breakthrough in our ability to quickly and inexpensively install communication networks," said Jim Addario, founder and CEO of Cybersonics. "BPL connectivity allows us the ease, flexibility and option of installing components such as Digital Signage on an isolated network, separate from the main PoS and inventory systems if required. This can be accomplished in virtually any location that has an electrical circuit, eliminating the expense and disruption of running cable drops. By using BPL, a proven, innovative and scalable IP platform, to network real-time managed point-of-purchase marketing systems, Cybersonics achieves significant efficiencies and is better positioned to deliver rapid, low-cost, fully integrated marketing and communication networks to our existing clients and capitalize on many 'price sensitive' opportunities we have been cultivating," Addario added.

Derek Pepler, President and CEO of Trimax, stated, "The potential for increased revenues and exponential benefits far exceeds the acquisition costs of Cybersonics technology. We are very excited about the synergies of Trimax and Cybersonics and the expansion of both our technology and distribution channels. We have been working closely together since 2006 and realize the advantages of being able to leverage each other's expertise, technology, resources and relationships to execute our joint strategic plan. The combination of both company's technologies offer clients a customized feature-rich, versatile, portable and cost-effective IP networked applications bundle. We offer one-stop shopping for plug-and-play networked digital signage, media content management, internet connectivity, point-of-sale systems, VoIP telephones, surveillance cameras, kiosks, wireless access points, alarm systems, energy monitoring and meter reading systems that are customized across a number of industries. We look forward to delivering on the promise of this acquisition and building value for our shareholders."

Details of the asset purchase may be found in the Company's SEC filings on Form 8K that was filed on August 14, 2007.

About Trimax / PLC

Trimax and its wholly owned subsidiary, PLC Networks 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 and video transmission. 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.

Statements included in this release may constitute forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. Such statements involve a number of risks and uncertainties such as competitive factors, technological development, market demand and the Company's ability to obtain new contracts and accurately estimate net revenues due to variability in size, scope and duration of projects, and internal issues in the sponsoring client. Further information on potential factors that could affect the Company's financial results, can be found in the Company's Annual and Quarterly Filings and in its Reports on Forms 8-K filed with the Securities and Exchange Commission (SEC).

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