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March 3, 2003 -
Midvale,Utah
- Phonex Corporation, a leader in powerline voice and data products, today announced that sales have exceeded 10 million powerline devices. Phonex is the patented, sole provider of the industry's top selling Wireless Phone Jack. This product's success, coupled with the award winning Neverwire 14 data networking device and the announcement of the integrated ReadyWire Chip, make Phonex the clear market leader in powerline technology.
In 2003, the company will provide the basis for a number of new applications in voice, data and Internet video communications over the home electrical wiring.
"We averaged a powerline installation every 60 seconds in 2002," said John Knab, CEO at Phonex Corporation. "With more than a million units sold last year alone, the consumer acceptance of powerline technology has been excellent. Our next generation digital devices will include our new ReadyWire Chip, bringing digital MP3 audio, voice, Internet video and automation to the entire home over the powerline."
Based on reliable OFDM technology, the ReadyWire Chip's inexpensive design allows any device to communicate through its power cord with digital data streams up to 599 kbps. This reliable speed provides excellent MP3 audio, full duplex voice, Internet video and home automation control throughout the entire home electrical system.
With initial testing complete, the ReadyWire technology has demonstrated its reliability, speed and low latency performance. Homes were tested with a range of size, age, wiring configuration, and interference characteristics. The results validated a highly reliable, fast connection with low latency - excellent for MP3 streaming, voice applications, home automation and energy management communication. In fact, even after inserting a variety of high interference devices onto the powerline network, the ReadyWire technology still maintained its high performance. A large-scale field test will be performed in the future.
Wireless Phone Jack
The Phonex Wireless Phone Jack provides a phone jack at any power outlet in the home. The product is sold with a base unit that plugs between the phone service line and a nearby power outlet. The second unit serves as a new extension at any outlet in the home. With excellent range and reliability, they can be used for satellite set top box, voice, fax, computer or any device that uses a phone connection. Found in the phone accessories section of virtually every major retailer, the products are available under the Phonex Brand name or private labeled brands.
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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 and Phonex has sold more than 10 million powerline products worldwide. Phonex recently announced the ReadyWire Home Communications Chip, a patented powerline technology capable of streaming audio, voice and home automation control over standard home electrical wiring to every power outlet in the home.
Phonex Corporation and NeverWire 14 are trademarks of Phonex Corporation.
All other company names and trademarks are the property of their respective companies.
PR Contacts:
Cheryl Snapp or Tim Rush
Snapp Norris Group, Inc.
1.801.226.3223
cheryl.snapp@sng.com or tim.rush@sng.com
Company Contact:
Brad Warnock, Director of Marketing
Phonex Corporation
801 984 5107
801 984 5007 fax
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