Arkados Inc. on Target for Fiscal Year.NORTH PLAINFIELD North Plainfield, residential borough (1990 pop. 18,820), Somerset co., NE N.J.; settled 1736, inc. 1885. A Revolutionary War cemetery is there. , N.J. -- CDKnet.com, Inc. (OTCBB OTCBB See OTC Bulletin Board (OTCBB). :CDKN CDKN Cyclin-Dependent Kinase Inhibitor ) announced that its subsidiary Arkados Inc., has received a progress payment of approximately $500,000 from Leviton Manufacturing Company, Inc., one of the largest North American North American named after North America. North American blastomycosis see North American blastomycosis. North American cattle tick see boophilusannulatus. producers of electrical and electronic products under its co-development agreement with Leviton to create various powerline and multimedia home products. This $500,000 payment marks the achievement of a significant goal set by Arkados for its first fiscal year as a CDK Cdk cyclin-dependent protein kinase. subsidiary. This achievement is mirrored in the overall spurring of interest in powerline communications for in-home, in-building, and to-the-home applications, such as Broadband Powerline (BPL See broadband over power lines. ) communications. "In-place partnerships for core manufacturing and strategic customer agreements, such as those with Leviton, provide a foundation to develop a customer base and attain market share of the powerline networking segment," said the Company's President, Oleg Logvinov. "Our progress under the co-development agreement with an established company such as Leviton goes a long way in ensuring our future participation and leadership in integrated wireless/BPL segments." Recently, powerline communications grabbed headlines as the 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. released its Report and Order (R&O) in 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. 04-37, garnering coverage in the New York New York, state, United States New York, Middle Atlantic state of the United States. It is bordered by Vermont, Massachusetts, Connecticut, and the Atlantic Ocean (E), New Jersey and Pennsylvania (S), Lakes Erie and Ontario and the Canadian province of Times, Wall Street Journal, Time Magazine, and Business Week, among others. Additionally, a recent report from Precursor Advisors has indicated that powerline communications is at a tipping point, and called the technology "the necessary technological building block" that would allow utility companies to exploit new markets. About Arkados Arkados Inc., based in North Plainfield, N.J., is a wholly owned subsidiary Wholly Owned Subsidiary A subsidiary whose parent company owns 100% of its common stock. Notes: In other words, the parent company owns the company outright and there are no minority owners. of CDKNet.com Inc. A home networking and broadband powerline communications company, Arkados' powerline solutions enable high-speed digital transmission of voice, video, and data over the existing powerline infrastructure. Arkados' highly integrated semiconductors are targeted for the home networking and broadband communications markets with a focus on application support. Using advanced design methodologies, Arkados is developing semiconductors that incorporate both standards-based and proprietary technologies. Arkados' designs for next-generation home-networking solutions incorporate diverse functionality with a focus on the cost-effectiveness of final products, and are intended to get products to market quickly. Arkados' solutions support a rapid development environment through robust support of industry-standard Operating Systems and APIs, as well as comprehensive design documentation, software, training, and certification assistance. Arkados is a member of HomePlug Powerline Alliance HomePlug is an industry trade group for power line communication. This organization of about 50 companies defines power line communication specifications. HomePlug 1.0 and AV are the two versions of the specification for home networking technology that connects devices to each (www.homeplug.org). For more information on Arkados, visit http://www.arkados.com. About Leviton Manufacturing Company, Inc. The Leviton Manufacturing Company is a leading manufacturer of electrical and electronic wiring devices. The Leviton name is synonymous with quality electrical products for every conceivable residential and commercial need. Established in 1906 at the dawn of the electrical age, today Leviton is one of the world's most extensive and diversified electrical manufacturing companies. To fully enable today's homes and offices with the latest in information, entertainment and control systems, Leviton has established Leviton Integrated Networks as the technological upgrade path to the future. Leviton Integrated Networks provides structured wiring solutions for distributed audio, video, data, and voice along with home automation technology for both new and retrofit residential, MDU (1) (Multiple Dwelling Unit) A commercial or residential building with multiple offices or apartments. See BLEC. (2) (Multiply-Divide Unit) A high-speed circuit that performs multiplication and division within the CPU. , and light commercial applications. For more information, visit http://www.leviton.com. This report includes "forward-looking statements" within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934. The information in this news release includes certain forward-looking statements that are based upon assumptions that in the future may prove not to have been accurate and are subject to significant risks and uncertainties, including statements as to the future performance of the company and the risks and uncertainties detailed from time to time in reports filed by the company with the Securities and Exchange Commission. Although the company believes that the expectations reflected in its forward-looking statements are reasonable, it can give no assurance that such expectations or any of its forward-looking statements will prove to be correct. Factors that could cause results to differ include, but are not limited to, successful performance of internal plans, product development acceptance, and the impact of competitive services and pricing and general economic risks and uncertainties. |
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