LinxComm Brings Telecommunication Products To PowerLinx Hospitality Market; LinxComm Adds Additional Revenue Stream To PowerLinx.TIERRA VERDE Tierra Verde may refer to:
See OTC Bulletin Board (OTCBB). : PWLX), the leader in powerline communication products has launched 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. LinxComm, LLC (Logical Link Control) See "LANs" under data link protocol. LLC - Logical Link Control . LinxComm, through agreements with various Local Exchange Carriers and Competitive Local Exchange Carriers, expects to build a portfolio of Telecommunications products that will meet the specific needs of our customers especially in the hospitality market where PowerLinx currently sells powerline internet connectivity products. LinxComm allows PowerLinx to provide a one-stop shopping service to hotel and multiple dwelling unit property by providing telecom, internal broadband connectivity, digital video-on-demand, and powerline security products and services. LinxComm has completed affiliation agreements with XO Communication, ITC ITC (Brit) n abbr (= Independent Television Commission) → Fernseh-Aufsichtsgremium ITC n abbr (BRIT) (= Independent Television Commission) → Deltacom and New Edge networks and expects to finalize agreements with the majority of the telecommunications providers by year-end which is expected to include cable, DSL DSL in full Digital Subscriber Line Broadband digital communications connection that operates over standard copper telephone wires. It requires a DSL modem, which splits transmissions into two frequency bands: the lower frequencies for voice (ordinary , dedicated internet and satellite products. In addition, LinxComm will also be able to offer local services, long distance, and data services. The affiliates will be responsible for the equipment, installation and support. LinxComm expects to generate revenues on a recurring basis from the 2-3 year telecommunication services contracts sold which earn a range of commissions from its affiliate agreements. The wholly owned subsidiary expects to increase staff over the next year by hiring a commission based sales force. LinxComm has hired, Mr. Timothy Horan as Vice-President of Sales & Marketing to lead this effort. Mr. Horan joins LinxComm with 18 years experience in network telecommunications. Mr. Horan's employment with companies like MCI (1) (Media Control Interface) A high-level programming interface from Microsoft and IBM for controlling multimedia devices. It provides commands and functions to open, play and close the device. (2) (Microwave Communications Inc. and Global Crossing began in sales and included positions as Sales Engineer, National Technical/Sales Trainer, National Accounts Manager, Sales Manager sales manager n → gerente m/f de ventas sales manager n → directeur commercial sales manager sale n → and Director of International Training and Product Development. He has numerous Technical Certifications as well as advanced certifications in Sales and Management Training Theory. About PowerLinx, Inc.: PowerLinx, Inc., www.power-linx.com, develops, manufactures, and markets, among other devices, products, and applications developed to transmit voice, video, audio and data either individually or any and all combinations over power lines, twisted pair wires and coax in AC and DC power environments, on any and all power grids. The Company has also developed, manufactured, and marketed different kinds of underwater video cameras, lights and accessories for the marine, commercial and consumer retail markets. Web site: www.power-linx.com E-mail: investor@power-linx.com This press release may contain "forward-looking statements" that involve risks and uncertainties, including statements regarding our plans, future events, objectives, expectations, forecasts, or assumptions. Any statement in this press release that is not a statement of historical fact is a forward-looking statement, and in some cases, words such as "believe," "estimate," "project," "expect," "intend," "may," "anticipate," "plans," "seeks," and similar expressions identify forward-looking statements. These statements involve risks and uncertainties that could cause actual outcomes and results to differ materially from the anticipated outcomes or result, and undue reliance should not be placed on these statements. These risks and uncertainties may include: the adoption of our new products by customers; our ability to identify, develop, and commercialize new applications for our products; the ability to manage our anticipated growth; scaling-up our manufacturing capabilities; protecting our intellectual property; and other risks and uncertainties discussed in filings made with the Securities and Exchange Commission (including risks described in subsequent reports on Form 10-Q Form 10-Q See 10-Q. , Form 10-K Form 10-K A report required by the SEC from exchange-listed companies that provides for annual disclosure of certain financial information. Form 10-K See 10-K. , Form 8-K Form 8-K The form required by the SEC when a publicly held company incurs any event that might affect its financial situation or the share value of its stock. Form 8-K See 8-K. , and other filings). PowerLinx, Inc. disclaims any intention or obligation to update or revise any forward-looking statements, whether as a result of new information, future events, or otherwise. |
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