Advanced Powerline Technologies, Inc., Today Announces Completion of the First Test of Its New Power Line Communications (PLC) Chip Set.WOODWARD, Okla. -- Advanced Powerline Technologies, Inc., (Pink Sheets:APWL APWL Advanced Power Line ) announces today the completion of the first test of the company's new Power Line Communications (PLC) chip set. Advanced Powerline Technologies, Inc., Chairman and CEO (1) (Chief Executive Officer) The highest individual in command of an organization. Typically the president of the company, the CEO reports to the Chairman of the Board. , Jack Lin, reports today the completion of the first test of the company's new Power Line Communications (PLC) chip set for camera security systems. This new chip set is designed for use in the company's PLC product lines, including a security system for homes and small businesses. This system can handle real time video from multiple cameras and transmit the video through the existing power line platform. The company further reported that products designed using this new chip set will allow monitoring of a number of key locations with real time video transmitted through the buildings existing A/C power lines to a single display, eliminating the need for dedicated video cabling. The company is excited about the new cutting edge technology embodied em·bod·y tr.v. em·bod·ied, em·bod·y·ing, em·bod·ies 1. To give a bodily form to; incarnate. 2. To represent in bodily or material form: in this new chip set and the potential for new and innovative PLC product lines that it will make possible. A spokesperson for the company stated, "We look forward to demonstrating this new technology to our shareholders at our next annual shareholders meeting being held the first weekend in August, 2006 at the corporate headquarters in Woodward, Oklahoma The City of Woodward, Oklahoma serves as the county seat of Woodward County, OklahomaGR6. The population was 11,853 at the 2000 census. Geography Woodward is located at (36.433059, -99. ." Advanced Powerline Technologies, Inc.'s, principal business focus is to create and develop Broadband over Power Line (BPL See broadband over power lines. ) and Power Line Communications (PLC) friendly devices, products and services. The company's principal products at this time are cellular phones and liquid crystal display liquid crystal display (LCD) Optoelectronic device used in displays for watches, calculators, notebook computers, and other electronic devices. Current passed through specific portions of the liquid crystal solution causes the crystals to align, blocking the passage of light. (LCD) digital televisions with high definition tuners (HDTV (High Definition TV) A set of digital television (DTV) standards that offer the highest resolution and sharpest picture. Although some HDTV sets are available in standard (rather square) screen sizes, the overwhelming majority of sets are wide screen, which eliminates ). The company intends on marketing the sales of cellular phones and High Definition Digital Televisions (HDTV) internationally and domestically. Upon the completion of research, development, and the verification of test results of the company's BPL and PLC devices, the company intends to utilize the technology within the existing product platforms to enhance their capabilities. Advanced Powerline Technologies, Inc.'s, main products will become BPL and PLC friendly devices with the Company's related hardware and system service. Certain statements in this news release may contain forward-looking information within the meaning of Rule 175 under the Securities Act of 1933 and Rule 3b-6 under the Securities Exchange Act of 1934, and are subject to the safe harbor Safe Harbor 1. A legal provision to reduce or eliminate liability as long as good faith is demonstrated. 2. A form of shark repellent implemented by a target company acquiring a business that is so poorly regulated that the target itself is less attractive. created by those rules. All statements, other than statements of fact, included in this release, including, without limitation, statements regarding potential future plans and objectives of the company, are forward-looking statements forward-looking statement A projected financial statement based on management expectations. A forward-looking statement involves risks with regard to the accuracy of assumptions underlying the projections. that involve risks and uncertainties. There can be no assurance that such statements will prove to be accurate and actual results and future events could differ materially from those anticipated in such statements. Technical complications that may arise could prevent the prompt implementation of any strategically significant plan(s) outlined above. The company cautions that these forward-looking statements are further qualified by other factors. The company undertakes no obligation to publicly update or revise any statements in this release, whether as a result of new information, future events or otherwise. |
|
||||||||||||||
Printer friendly
Cite/link
Email
Feedback
Reader Opinion