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Mivale, UT - 02.07.2000 - Phonex Corporation, the Utah-based world leader of
voice and data communication devices over power lines, recently announced at the CES 2000 show in January that it will
be the first to market this year with 10 Mbit networking over home power lines. Phonex announced its intent to develop,
manufacture, and market a high-speed home networking device in mid 1999, and although product specifications about the
device have not yet been released, the product is being developed using integrated circuits which will provide voice,
data, and VoIP over existing home electrical wiring at data rates equal to 10 Mbit Ethernet. Phonex made contact with
thousands of CES attendees at the show, the majority of whom expressed keen interest in the company's future high-speed
power line networking technology. Phonex Corporation plans to begin shipping the home networking product in the third or
fourth quarter of 2000.
In addition to the strong exposure of the home networking technology at CES, Phonex Corporation also generated over 700
hundred valuable leads at the show. Commenting on the success of CES, Guy L. Standing, vice president of sales and
marketing at Phonex Corporation said, "we were highly impressed by the quality of leads which came out of CES. This show
was a success for Phonex because it put us in touch with the contacts we need to make, and allowed us to talk to
important decision-makers about our company's recent change in direction to the broadband IT market place. Though the
high-speed home networking product is not ready for public introduction just yet," Standing continued, "CES attendees
seemed content in knowing a solution of this kind will be available this year and are lining up to take advantage of
a power line device which will finally bring high-speed networking to the home at a price the average consumer can
afford."
The intent to enter the high-speed networking market was also recently marked by a change to the company name, when
Phonex added "broadband" to become "Phonex Corporation". With over a decade of experience in providing
innovative power line carrier (PLC) devices for home use, expanding into the broadband market is a natural move for
Phonex in the face of continual convergence of the telecommunications, satellite and cable TV, Internet, and PC
computer industries. The name change is intended to communicate the company's recent move into broadband networking
without discarding the equity built in the Phonex name over the last 12 years.
For more information regarding Phonex Corporation and its products please contact:
public@phonex.com
6952 High Tech Drive
Midvale, UT 84047-3756
800.437.0101
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