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INSTALLATIONS OF Phonex Corporation'S WIRELESS MODEM AND PHONE JACK SYSTEMS SURPASSES 2.5 MILLION HOMES
Midvale, UT - 04.10.2000 - Phonex Corporation, the Utah-based world leader of Power Line Carrier (PLC) voice and data communication devices, announced today that it has reached a major milestone by shipping more than 2.5 million Wireless Modem Jack™ and Wireless Phone Jack™ systems to homes throughout the U.S. The proliferation of applications in the home requiring connection to a telephone outlet has been fueling the surge in Wireless Modem and Phone Jack installations, and is expected to swell the number of units shipped by mid 2000 to three million. The company, which announced in 1997 that it had shipped one million Wireless Phone Jack units, will come close to tripling that figure within a three year period. In addition to the number of U.S. households installed, Europe is now using the Wireless Modem Jack and Phone Jack technologies as well, with recent product introductions in Great Britain and Italy.

"Phonex Corporation has literally tripled its shipping volume within three years, clearly making Phonex the world leader in voice and data installations over power lines in the home," said John Knab, president and CEO of Phonex Corporation. "What has driven this kind of volume is the convergence of a wide variety of technologies within the home, all of which need a telephone connection. Homes worldwide simply do not have enough phone outlets to support all the new devices coming to them. Phonex wireless phone jack products can provide any number of phone outlets to any number of locations throughout a home, solving the problem simply and affordably."

The growth in shipping volume for wireless phone jack products over the last three years can also be attributed to the number of ways that Phonex products are being used to connect the latest technologies within the home. Such technologies include interactive TV and set-top box applications for cable and satellite TV. "Many of our OEM customers' biggest challenge is dealing with the wiring infrastructure within the home during installation of their technology offerings," explained Knab. "Although the price and demand for their new products are good, the number of installation hours required to get each subscriber up and running is significant and costly, making the actual installation process the Achilles heel for many of these manufacturers. Phonex has established a number of relationships with OEMs to offer alternative installation options that reduce the time required to install the latest technology products in the homes," Knab said.

Using patented technology, Phonex Corporation's wireless phone jack products are carrier current phone extension systems which turn any electrical outlet into a telephone jack, transmitting voice and data signals on 110-volt power lines. These products support up to V.90 modem speeds and can be plugged into any AC outlet, providing an instant telephone jack for distribution of all phone, fax, and modem signals to any location within a home or small office. Phonex Corporation wireless phone jack products provide instant connectivity with ìno new wires,î and eliminate the costly installation of hardwired telephone outlets in difficult, if not impossible environments.

While Phonex dominates the market with high quality voice and V.90 modem speed data transmission over power lines, the company is also moving aggressively into the broadband home networking market with plans to offer high-speed power line connections in the home for video, audio, and the Internet by the end of 2000.

The Wireless Modem Jack and Wireless Phone Jack are available under the RCA, GE, Radio Shack, and AT&T Cable Services name brands within the U.S., and under the Thomson and Adelphia name brands in Great Britain and Italy.

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

Founded in 1988, Phonex Corporation, based in Midvale, Utah, is a privately held company recognized as the world’s largest supplier of voice and data products over the powerline. Phonex’ proprietary technology enables telephone and data devices to communicate reliably using standard electrical wiring. The technology is strongly protected by multiple patents. Phonex is the first company worldwide to market a broadband networking device that turns any electrical outlet into a 10BaseT Ethernet portal.

Phonex Corporation and NeverWire 14 are trademarks of Phonex Corporation.
All other company names and trademarks are the property of their respective companies.

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