Allied SCS and Advanced Powerline Technologies, Inc., Today Announce They Have Entered into a Joint Venture.WOODWARD, Okla. -- Advanced Powerline Technologies, Inc., (Pink Sheets:APWL APWL Advanced Power Line ) announces today that Allied Supply Chain Solutions, LLC (Logical Link Control) See "LANs" under data link protocol. LLC - Logical Link Control and Advanced Powerline Technologies, Inc., have formed a joint venture for the sales and marketing of the Advanced Powerline Technologies, Inc., line of consumer electronics. Allied SCS will focus on the development of high volume sales channels for the initial line of Advanced Powerline Technologies, Inc., products including LCD Monitors A flat panel display that uses liquid crystals. Although laptops have used LCDs as their flat panel technology almost exclusively, LCD is also the most popular for flat panel desktop monitors. Toward the end of 2003, sales of LCD displays for desktops overtook CRTs for the first time. and associated accessories. "As the demand grows for more targeted sales support in consumer electronics, vendors of mass retailers will be required to provide more comprehensive solution proposals," said Dan Roach roach: see cockroach. roach Common European sport fish (Rutilus rutilus) of the carp family (Cyprinidae), found in lakes and slow rivers. A high-backed, yellowish green fish with red eyes and reddish fins, the roach is 6–16 in. , Vice President of Operations for Allied SCS. Mr. Roach further stated, "By establishing this new venture with Advanced Powerline Technologies, Inc., we effectively merge our sales and solutions strength with Advanced Powerline Technologies, Inc.'s, manufacturing capabilities; we will be providing a U.S. based package that is unique to the consumer electronics market." The Allied SCS area of expertise lies in providing portfolio sourcing solutions to its customers -- offering packages of requested consumer electronics, for example - making effective use of a wide range of manufacturers based on various sales representative partnerships with more than 10 companies. For its part, Advanced Powerline Technologies, Inc., offers a strong manufacturing footprint The amount of geographic space covered by an object. A computer footprint is the desk or floor surface it occupies. A satellite's footprint is the earth area covered by its downlink. See form factor. 1. and has built a significant presence in advanced technologies. Allied Supply Chain Solutions, LLC is a Massachusetts based company founded in 2001. The company focuses on all aspects of World Wide Business including product manufacturing, component sourcing and product development. Allied SCS maintains a strong manufacturing, sales and operations presence in Asia whose primary task is the organization of the supply chain for the U.S. based sales initiatives. 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 (Liquid Crystal Display) A display technology that uses rod-shaped molecules (liquid crystals) that flow like liquid and bend light. Unenergized, the crystals direct light through two polarizing filters, allowing a natural background color to show. ) digital monitors and 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 ) available for viewing television programming. The company intends on marketing the sales of cellular phones, high definition digital monitors and high definition tuners (HDTV) available for viewing television programming 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 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. |
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