Trimax Corporation, through its wholly owned subsidiary
PLC Network Solutions Inc. ("PLC"), announced that it has signed an agreement with
Mentor Properties of Toronto, Canada, to install its Broadband over Powerline (BPL) devices, and bundled services (ISP, VoIP) in three buildings within its portfolio of properties totaling approximately 213 units. Mentor is installing PLC's new 205 Mbps Broadband over Powerline devices that will provide its tenants with symmetrical upload and download speeds of 20-30 Mbps -- considerably more than cable or DSL, and enough to run concurrent high-bandwidth applications such as VoIP, video-on-demand and IPTV on the same platform. Additionally, Mentor has also contracted PLC to be the ISP and VoIP provider to these units, demonstrating that PLC can be a solid competitor to existing providers, and profiting from the recurring revenue base. PLC Network Solutions has been pleased at the level of growing interest from building landlords within North America and various parts of the world that are contemplating moving to Broadband over Power Lines (BPL) to access their Internet and VoIP needs.
PLC Network Solutions is an international provider of leading Broadband over PowerLine (BPL) communication technologies. BPL is a disruptive communications technology that turns the existing ubiquitous power line infrastructure and common electrical wiring in commercial and residential buildings into a high-bandwidth network. It is estimated that 40 percent of all broadband access by the year 2010 will be through Broadband over Power Lines (BPL) representing a market worth Billions of Dollars. PLC Network Solutions specializes in the development, distribution, implementation, and servicing technologies that use the power grid to deliver high-speed symmetrical broadband for data, voice and video transmission. PLC's devices run simultaneously on a single platform to every electrical outlet throughout the premises.
PLC's BPL technology uses the existing electrical wiring to network computers, printers, faxes, entertainment systems etc. within the home or office. Installation is usually implemented in a matter of hours or days instead of weeks or months. This installation avoids the expense and disruption of burying cables or tearing apart walls to run new wires, which is necessary for most broadband access technologies.
The demand for access to higher bandwidth connections is constantly growing due to today's lifestyle. Access to constant high-speed Internet broadband is deemed an essential service by governments around the globe. Consequently, many residential and commercial property rental or purchase decisions are being driven by the types of amenities offered. Included in this are features like high-bandwidth internet access, VoIP, Video on demand and IPTV, which are all part of PLC's plug-and-play In-Building Solutions. Retaining low tenant churn rates helps to increase landlord revenues which results in appreciated property value.
Derek Pepler, President of PLC Network Solutions, stated: "We are very pleased to have Mentor Properties use our technology and bundled services (ISP, VoIP). VoIP is growing quickly in popularity and we see it becoming the next generation of telephony solutions. PLC is pleased at the response it is receiving to the technology and has had many inquiries for its products and services in cities such as Toronto throughout North America. BPL holds great promise as a low-cost, high-bandwidth broadband solution. PLC's technology turns the existing ubiquitous power line infrastructure into a "third wire" for delivering data, voice and video to homes and businesses. As consumers demand increases for economical bandwidth solutions for a range of new applications such as VoIP and IPTV, we believe there will be a strong trend toward the adoption of these low-cost BPL technologies worldwide."
Earl Robinson, President of Mentor Properties, stated: "We see BPL as an efficient low-cost solution we can offer to our tenants to access new communications services such as VoIP, IPTV and video-on-demand as is required. It would be very costly and disruptive to run all new cabling throughout these buildings, and with PLC Network Solutions that cost is eliminated."