|
Trimax Subsidiary Multi-Source, Inc. Formalizes First Strategic AMR Contract of Overall City Deployment Trimax Corporation (OTCBB: TMXO) and its wholly owned subsidiaries, Multi-Source Inc. (MSI), and PLC Networks Inc. (PLC), leading providers of Broadband over PowerLine (BPL) communication technologies, announced today the success of the meetings it held this week with federal and local government officials and utility executives in South America. MSI's advanced meter reading (AMR) solution, which is Measurements Canada approved and has been deployed with a local utility since March 2006, received formal endorsements from several high level officials. MSI was awarded the first of many AMR contracts scheduled for the electric utility. MSI announced that the first commercial deployment is planned for an industrial neighbourhood and that further details will be released when the company is no longer under a confidentiality agreement. MSI's AMR and grid monitoring technology enables utilities to replace and improve existing equipment. The solution automates the traditional process of reading electrical meters and performs remote connect and disconnect services. These and additional grid applications will be self-financed from the substantial increase in revenues that are recovered through the deployment of these technologies. As the local press reported, the country's utilities have estimated a potential savings of up to $250 million US in lost revenues per year. Mike Spasov, President of Multi-Source Inc., commented, "We have designed this AMR equipment to exceed the utility's standards as well as deliver superior quality, reliability, immunity and performance. The robustness of the equipment will ensure a steadfast data acquisition and control of the electrical power in real time." MSI continues to formalize the relationships it has cultivated with several of the country's telecommunications companies and Internet service providers to finalize the BPL contracts it has been negotiating for commercial and residential Internet, VoIP, IPTV and other IP services. About Trimax/MSI/PLC Networks Inc. Trimax and its wholly owned subsidiaries Multi-Source Inc. and PLC Networks Inc. are providers of leading Broadband over PowerLine (BPL) communication technologies. Trimax/MSI/PLC specializes in the development, distribution, implementation, and servicing technologies that use the power grid to deliver 128-bit encrypted high-speed symmetrical broadband for data, voice and video transmission. BPL is a disruptive communications technology that turns the existing ubiquitous power line infrastructure and common electrical wiring in commercial and residential buildings into a high-bandwidth network. Broadband is delivered simultaneously on a single platform enabling every electrical outlet throughout the home or business. To connect, users simply plug a wired/ wireless modem into any electrical outlet and plug their computer, phone, surveillance camera or IP device into the modem. Since the building's electrical wiring becomes the backbone for a secure local area network, there is no need to install any new wiring in the walls. The company's technologies use the existing electrical wiring as a "smart" network to deliver broadband access to computers, video on demand (VOD), VoIP phones, surveillance cameras, elevator monitors, IPTVs, smart meters (AMR), etc. as well as connect printers, faxes, entertainment systems, etc. on the hotel, office or home network. Installation is usually implemented in a matter of hours or days instead of weeks or months and avoids the expense and disruption to the business of burying cables or opening walls and ceilings to run new cables, which is necessary for other broadband access technologies. This technology has been successfully deployed in over 25 countries around the globe, in hotels, homes, apartments, office towers, schools, hospitals, museums and government buildings. The company believes that BPL will be the next widely accepted communications technology. Trimax/MSI/PLC anticipates that the company and its devices will be at the forefront of this new technology revolution, which includes expanding its reach throughout the world. |
|
| aus der Diskussion: | $$ Trimax Corp. vor Multi-$Million-Kontrakt $$ |
| Autor (Datum des Eintrages): | SharpRatio (29.09.06 15:41:44) |
| Beitrag: | 129 von 319 (ID:24281396) |
| Alle Angaben ohne Gewähr © wallstreetONLINE | |