Advanced Powerline Technologies Announces Acquisition of Advanced Intellectual Property for Broadband over Power Line and Power Line Communications.WOODWARD, Okla. -- Advanced Powerline Technologies, Inc., (Pink Sheets:APWL APWL Advanced Power Line ) announces the acquisition of certain advanced intellectual property for Broadband over Power Line (BPL See broadband over power lines. ) and Power Line Communications (PLC). Advanced Powerline Technologies, Inc., further announced today that it has acquired from three inventors all their rights, title and interest in the most advanced communications network The transmission channels interconnecting all client and server stations as well as all supporting hardware and software. using installed electrical power lines that the company has seen. This technology is fully described in pending patent application for utility patents in the United States United States, officially United States of America, republic (2005 est. pop. 295,734,000), 3,539,227 sq mi (9,166,598 sq km), North America. The United States is the world's third largest country in population and the fourth largest country in area. and elsewhere. These assignments include all rights and privileges under any letter of patent which may be granted from any subsequent patent applications directed to this invention including all rights throughout the entire world including those to sue for all past infringements which may have occurred prior to their execution of the assignment. The inventors also agreed to participate and perform all other acts which may be necessary or desirable to obtain a grant of valid patents for this unique invention in any other country throughout the world. The three inventors provided a warranty that they have full right to convey the entire right, title and interest to Advanced Powerline Technologies, Inc., and that it is free and clear of any encumbrance A burden, obstruction, or impediment on property that lessens its value or makes it less marketable. An encumbrance (also spelled incumbrance) is any right or interest that exists in someone other than the owner of an estate and that restricts or impairs the transfer of the estate or and that no other agreement will be executed in conflict with the company's acquisition of this technology. The company has engaged the services of the extremely efficient patent law firm of Patzik, Frank & Samotny LTD LTD 1 Laron-type dwarfism 2 Leukotriene D 3 Long-term depression, see there 4. Long-term disability ., located in Chicago, Illinois to prosecute patents and protect this intellectual property from any infringers to the benefit of Advanced Powerline Technologies, Inc., and its shareholders. Advanced Powerline Technologies believes this is the most advanced Broadband over Power Line (BPL) and Power Line Communications (PLC) technology in the world at this time. APT has been working diligently for more than one year to validate, quantify and acquire this technology as it believes it is a quantum leap quantum leap n. An abrupt change or step, especially in method, information, or knowledge: "War was going to take a quantum leap; it would never be the same" Garry Wills. forward in the advancement of Broadband over Power Line (BPL) and Power Line Communications (PLC) and renders the other technology virtually useless in the company's opinion. The company further states that the acquisition of this intellectual property will allow APT to fulfill its civic duty and corporate commitment as stipulated in the document that was filed on July 2, 2004 with the Federal Communications Commission Federal Communications Commission (FCC), independent executive agency of the U.S. government established in 1934 to regulate interstate and foreign communications in the public interest. (FCC (1) (Federal Communications Commission, Washington, DC, www.fcc.gov) The U.S. government agency that regulates interstate and international communications including wire, cable, radio, TV and satellite. The FCC was created under the U.S. ), ET Docket A written list of judicial proceedings set down for trial in a court. To enter the dates of judicial proceedings scheduled for trial in a book kept by a court. # 03-104 and # 04-37, http://gullfoss2.fcc.gov/prod/ecfs/comsrch_v2.cgi. Once those are completed, the company will integrate this technology throughout all its product lines under its corporate standards which it set out in its Federal Communications Commission (FCC) statement ET Docket # 03-104 and # 04-37. This shall catapult the company into the forefront of Broadband over Power Line (BPL) and Power Line Communications (PLC) making Advanced Powerline Technologies, Inc., "THE WORLD LEADER IN POWERLINE COMMUNICATIONS(TM)." Advanced Powerline Technologies, Inc.'s, principal business focus is to create and develop Broadband over Power Line (BPL) 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 Broadband over Power Line (BPL) and Power Line Communications (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 Broadband over Power Line (BPL) and Power Line Communications (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 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. |
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