March 29, 2006 07:00 AM US Eastern Timezone
LOWELL, Mass. & VANCOUVER, British Columbia--(BUSINESS WIRE)--March 29, 2006--Amperion, Inc., the leading Access Broadband over Powerline (BPL) solution provider, and Corinex Communications Corp., the largest Powerline manufacturing company in the world, have executed a partnership agreement that will deliver a turnkey solution (best of breed BPL hardware, software, and services) to utilities and operators around the globe. The agreement allows Amperion to combine Corinex 200 Mbps Medium Voltage (MV), Low Voltage (LV), and Multi Dwelling Unit (MDU) Powerline equipment with Amperion MV Couplers, network design capability, utility application software development, and BPL deployment services. This will enable Amperion to provide its customers with the lowest cost, highest performance end to end BPL solutions available in the market.
"Partnering with Corinex gives Amperion access to the most advanced Powerline hardware in the world, both for utility power grids with their MV/LV equipment, and in-building networking systems with their MDU equipment," said Bill Melton, Chairman and CEO of Amperion. "Corinex has the largest Powerline product portfolio in the world, and their 200 Mbps AV200 Powerline (UPA) products have outperformed all other Powerline products we've tested. We are now able to deliver a cost effective solution that meets the needs of our customers and partners worldwide."
"Amperion has been the leading BPL solution provider with its vast quantity of Powerline deployments throughout the world. Their expertise in designing BPL networks, developing utility application software, and extensive understanding of the intricacies of MV and LV deployments makes them an ideal integration partner for Corinex," says Peter Sobotka, CEO Corinex. "The inclusion of world-class Amperion MV Couplers with Corinex MV and LV Access Gateways enables the creation of an integrated BPL solution which is the best in the industry."
Amperion and Corinex are already working together on several Access BPL projects to be deployed by Amperion both in North America and globally. Amperion will also be setting up Corinex/Amperion BPL competence centers in the US and in strategic international locations, where they will offer comprehensive BPL training to utilities, operators and other partners.
The new 200 Mbps BROADBAND over POWER LINES Technology
Posts
what you left out is that apparently Phil Hunt has been removed by his Board as CEO. As you could have learned from the annual report of TKO released about 10 days ago, Amperion lost about 9 million USD last year, which was their entire 2005 funding round. Conclusion is that Amperion should be cheap for Corinex who have just started to play the MV field. Good move by Corinex, end of story for Amperion and Mr Hunt. TKO apparently not interested.
ReplyDelete