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Phonex Corporation SHIPS EVALUATION KITS OF NEVERWIRE 14 HIGH-SPEED HOME POWERLINE PRODUCT TO STRATEGIC ACCOUNTS
World’s Only 14 Mbps Powerline Networking Device Now In Use
Salt Lake City, UT - 08.30.2001 - Phonex Corporation, the Utah-based world leader of Power Line Carrier (PLC) voice and data communication devices, announced today that it is shipping evaluation kits of its much-anticipated NeverWire 14 high-speed home powerline networking product to an allocated number of strategic accounts. Phonex has had to move to allocation of NeverWire 14 evaluation kits because of the overwhelming demand for the product. "We are planning a production run in October of this year to correct this allocation backlog," said John Knab, CEO Of Phonex Corporation. In December, Phonex expects volume shipments will be available for the mass market, making it possible for the first time, for consumers to transmit data at 10Base-T speeds over home electrical wiring.

NeverWire 14, which was unveiled in New York City just six weeks ago, is the only freestanding powerplug-to-Ethernet data network device that turns any AC outlet into a 10 BASE-T Ethernet port, transmitting voice and data signals over standard electrical wiring. The product, which the user simply plugs into any networkable device and then into an AC power outlet, makes broadband powerline home networking available from any Ethernet protocol device including cable modems, PCs, set-top-boxes, and residential gateways. NeverWire 14, which uses Intellon Corporation's Power Packet chip technology and is compliant with the HomePlug Powerline Alliance 1.0 specification, is the first high-speed networking device to extend the reach of the Internet and broadband access networks to every electrical outlet within the home.

Knab explains that many of Phonex Corporation's strategic partners are those designing applications for the high-speed digital home, but who are also struggling with the wiring and installation of these applications. "NeverWire 14 makes it easy to provide ultra high-speed communication for the nearly 9 million homes with cable modems and DSL Internet service since it transmits signals to any outlet in the home without wires," said Knab. "The number of homes with broadband applications is growing by 16 percent a year in the U.S., so it's crucial that Phonex help our technology partners solve installation problems, and to make high-speed networking easy and affordable for the mass consumer."

NeverWire 14 products have a U.S. suggested retail price of $99.95 per node.

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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