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VOLUME INSTALLATIONS OF PHONEX POWER LINE TECHNOLOGY BRINGS COMPANY OUT OF OBSCURITY, SPURS BOLD ANNOUNCEMENT AT "CONNECTIONS 2000"
Connections 2000/San Diego, CA - 05.03.2000 - Phonex Corporation, the Utah-based provider of Power Line Carrier (PLC) voice and data communication devices, will announce at Connections 2000 that volume U.S. shipments of its wireless phone jack technology have spurred the company to stake its claim as the world leader in voice and data communications over home power lines. The announcement will be made by the president and CEO of Phonex Corporation, John Knab, as he speaks on a Connections 2000 panel alongside guest presenters from Broadcom and Intel on May 5. "Phonex Corporation has literally tripled its shipping volume within three years, clearly making it the world leader in voice and data installations over power lines in the home," stated Knab on the opening day of the Connections 2000 show. "Most of the industry has not been aware of Phonex because we have, for the most part, private labeled all our products, but with an installed base of 2.5 million homes, Phonex can no longer be considered an obscure entity".

The proliferation of applications in the home requiring connection to a telephone outlet has been fueling the surge in Phonex Corporationís power line installations, and is expected to swell the number of units shipped by mid 2000 to three million. "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," said Knab. "While most of our installed base is narrowband product sets, Phonex is also aggressively moving toward broadband solutions. This large narrowband base automatically sets the stage for acceptance by the evolving home networking market for several new broadband products from Phonex which we plan to announce in 2000."

The growth in shipping volume for Phonex power line carrier technology 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. "Many of our OEM customersí biggest challenge is dealing with the wiring infrastructure within the home during installation of their technology offerings," explained Knab. "The most significant impediment to the growth of broadband technologies is in the physical installation. As new high-speed services are brought to the home, Phonex will provide powerful methods for connecting those services throughout the home without adding new wires," Knab concluded.

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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