MIDVALE, Utah – July 18, 2002 – Phonex Corporation ^TM Corporation (www.phonex.com), a world leader in powerline Carrier (PLC) voice and data communication devices, today unveiled the company’s new NeverWire 14 QX-201Ô.

As the established leader in groundbreaking devices for the telephony market, 12-year-old Phonex has amassed an existing customer base of more than 9 million nodes.

Now the company is accomplishing something even greater: This week, Phonex is embarking on its worldwide launch of a new product that will revolutionize the home networking market for Macs and PCs. 

The new NeverWire 14 device employs “powerline carrier” technology to make use of the unused bandwidth in standard home electrical wires. In lay terms, this means business or home users with multiple computers can use their existing power lines to create an instant 14MB Ethernet network. Through the network, users can share high-speed Internet access, share peripheral devices such as printers, and play interactive network and Internet games.

Phonex was the first company to demonstrate and ship consumer products that employ the powerline concept. As a founding member of the HomePlug Alliance, an industry association working to advance and standardize the powerline concept for home networking, Phonex is now introducing the first HomePlug 1.0-compliant device to offer complete out-of-the-box connectivity, with no software drivers involved. In addition, the NeverWire 14 offers built-in diagnostics and security functions that users can implement by simply pressing buttons on the top of the box.       

“As a leading technology company in the Utah region, and as a pioneer in the area of powerline carrier technology, we are extremely pleased to play a dominant role in expanding this new market,” said John Knab, Phonex Corporation’s CEO. “Early market response to NeverWire has been tremendously positive. We intend to continue to play a leadership role in this market. And we are pleased to be providing consumers with a device that is not only inexpensive and easy to use, but also robust and secure enough to manage any home or business concern.”  

The NeverWire 14 costs just $129 per node and is available now. Consumers can use as many as 16 NeverWire units per powerline network. Each NeverWire 14 unit is capable of handling an unlimited number of computers and other devices such as computers, modems and printers.

The NeverWire 14 is available from Phonex and from selected retail dealers in the U.S. and worldwide. For ordering information or for a list of local retail sources, customers can contact the company at 801-566-0100, or visit the company’s web site at www.phonex.com.

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 Founded in 1988, Phonex Corporation, based in Midvale, Utah , is a privately held company recognized as the world’s largest supplier of powerline-based voice and data products. Phonex Corporation’s proprietary technology enables telephone and data devices to communicate reliably using standard electrical wiring. The technology is protected by multiple patents. Phonex has sold more than 9 million powerline products worldwide and was the first company to market a broadband networking device that turns any electrical outlet into a 10BaseT Ethernet port. 

 Phonex Broadband and NeverWire 14 are trademarks of Phonex Broadband Corporation.

All other company names and trademarks are the property of their respective companies.

PR Contacts:

Cheryl Snapp or Melanie McBride

Meservy Wing Snapp

801 434-4440

801 434-4441 fax

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