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INSTALLATIONS OF Phonex Corporation'S WIRELESS MODEM AND PHONE JACK SYSTEMS TO REACH SEVEN MILLION NODES BY MID 2001
Midvale - 04.23.2001 - Phonex Corporation, the Utah-based world leader of Power Line Carrier (PLC) voice and data communication devices, announced today that it expects shipments of its Wireless Modem and Phone Jack systems to reach seven million nodes by mid 2001. Continued acceptance of the only available technology that transmits voice and data signals reliably over home electrical wiring has put Phonex Broadband squarely at the head of the home powerline industry.

Commenting on reaching the seven million mark, Phonex CEO John Knab said, "The significance of reaching this major milestone can only be fully realized by examining the struggle that other home powerline industry players have had trying to ship their first units. While companies promising high-speed technologies have labored to develop viable networking solutions across home power lines, installations of the Phonex narrowband products, which have been used by consumers for over a decade, continue to increase every year," said Knab. "Not only does Phonex technology offer a reliable way to create instant telephone connections wherever there is a 110-volt electrical outlet, but has also set the stage for the upcoming release of the company's ultra high-speed 14 Mbit powerline solutions as well."

The proliferation of applications requiring connection to a telephone outlet has fueled the surge in Wireless Modem and Phone Jack installations and has caused the emerging powerline market to grow. "The convergence of a wide variety of technologies within the home needing a telephone connection has spurred many new players to jump into this new powerline industry," said Knab. "But all of these players continue to struggle with the idiosyncrasies of this sometimes unpredictable powerline medium - Phonex is the only company that has broad engineering experience with this method of networking communication."

The growth in shipping volume for wireless phone jack products can also be attributed to the number of ways that Phonex Corporation devices are being used to rapidly deploy the latest home technologies requiring a simple method of installation. 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. "Phonex Wireless Modem Jacks provide an alternative that has drastically reduced the time required to install these latest technology products," Knab said.

In addition to the number of Wireless Modem and Phone Jack units being sold in the U.S., recent acceptance of the Phonex technology by major telecom advisory boards in Europe is taking the product into new world markets. Phonex announced this month that EasyJack™, the European counterpart of the U.S. Wireless Modem Jack™ has met the requirements for pan European distribution. The product is already available in the U.K. and Italy, is expected to ship in Spain by June of 2001, and is available for purchase throughout all of Australia. Phonex is working to penetrate consumer markets in Germany and Holland as well with plans to ship EasyJack in these two countries later this year.

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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