SOURCE: Trimax Corporation

March 12, 2007 09:11 ET

Trimax Receives Positive Broadband Over PowerLine Results From Its Ecuador Pilot Demonstrations

TORONTO -- (MARKET WIRE) -- March 12, 2007 -- Trimax Corporation (PINKSHEETS: TMXO) and its wholly owned subsidiaries, PLC Network Solutions, Inc. (PLC), and Multi-Source, Inc. (MSI), which provide Broadband over Powerline (BPL) communication technologies, announced that it has received very positive marketing results from its Azogues, Ecuador, BPL pilot demonstrations.

Trimax, together with local power utility Emelazogues S.A. and ISP, RDH, successfully delivered Internet over 30 kilometers from the city of Cuenca to the city of Azogues and set up an Internet lab in a local high school. As a precursor to a joint-venture partnership with Emelazogues, Trimax conducted a 10-day pilot exposition that demonstrated a variety of high-speed broadband services that can be delivered via BPL to residents and businesses utilizing the utility's electrical infrastructure. The installation provided high-speed broadband connectivity to Trimax computer workstations, VoIP phones, security surveillance cameras and monitoring systems.

This showcase of BPL services was very well received and was available for all city residents to use free of charge. During this period, through marketing and word-of-mouth, there were line-ups until late in the evening to surf the net and make free overseas VoIP calls. Trimax prepared a two-page questionnaire/survey that was given to each visitor to assist in gathering market intelligence regarding interest levels for each of the services as well as a price range they were willing to pay. "The data compiled from the surveys showed subscriber interest rates of over 80%," stated Sergio Iturri, Director of Project Management.

Emelazogues has an electrical distribution and billing network serving a Residential, Commercial and Industrial customer base of over 28,000. The opportunity in Azogues, for the deployment of value-added services on the Electrical Grid is financially viable provided certain regulatory concerns are addressed by Emelazogues. Trimax believes its expertise in the integration and implementation of hybrid BPL technologies are an excellent vehicle for Electrical Distribution Companies to generate additional revenue streams through the deployment of Triple Play, Internet, Voice and Video services to significantly improve the telecommunications infrastructure within their regions. In addition, Trimax's BPL solutions also create an opportunity for these companies to implement future Smart Meters and grid monitoring services that will add value to their electrical infrastructure.

Trimax is not immune to the political and economic risk associated with developing nations. Although in Ecuador, Trimax is strategically positioned to limit its risk and has transitioned well through the anticipated changes as many executive contacts that run federally owned utilities are replaced by incoming governments.

In January, the people of Ecuador elected Rafael Correa as President who promised radical change and a social revolution to benefit the country's poor. Ecuador's Congress recently backed the new President, calling for a referendum that could lead to the country's constitution being rewritten, a move Correa says is vital to limiting the power and corruption of the traditional parties that he blames for the country's problems.

Mr. Correa, who obtained his doctorate in economics from the University of Illinois and served as economic minister, rejects a free trade pact with the US, saying it would hurt Ecuador's farmers. Ecuador continues to rely on close ties with American markets as it adopted the US dollar as its official currency six years ago.

Trimax is looking forward to finalizing its joint-venture partnership with Emelazogues for delivery of Internet, Voice and Video Services. Our plan is to finish researching the marketplace and develop a strategic plan incorporating capital funding, sales forecasts, operational needs and implementation schedules for deployment.

About Trimax / MSI / PLC

Trimax and its wholly owned subsidiaries Multi-Source Inc. and PLC Networks Inc. are providers of Broadband over Power Line (BPL) communication technologies. Trimax/MSI/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 disruptive communications technology that turns the existing ubiquitous power line 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 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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