Corinex Providing Internet Access to Villages in India Through Broadband over Powerline Technology

Company playing key role in science and technology research and development initiatives between India and Canada, valued at more than $17 million

(Vancouver, B.C. – July 7, 2008) ― Corinex Communications Corp., a leading provider of Powerline and Coaxial networking products, announces today that they will lead a project to provide Internet access to villages in India through Broadband over Powerline (BPL) technology. The technology will connect adjoining villages in India to the Internet using existing powerlines to transfer broadband Internet access. Corinex’s BPL technology is one of the recipients of joint science and technology research awards and development initiatives between India and Canada, valued at more than $17 million.

The objective of this research and development project is to develop BPL technology to suit Indian conditions so the technology can be later deployed for large scale use. The technology will deliver multi-fold benefits to India when it connects villages throughout the country to the Internet. Corinex’s BPL technology will provide access to multiple forms of communication including the World Wide Web and Voice over Internet Protocol (VoIP).

Vancouver-based Corinex will be working with the Indian Institute of Information Technology (Allahabad) in partnership with the Maple Leaf India Pvt. Limited in New Delhi, India.

“We are extremely pleased to be working with our colleagues at Maple Leaf India and the Indian Institute of Information Technology on this project,” said Scott Despot, Senior Director of Sales at Corinex Communications Corp. “Bringing Internet connectivity to remote villages in India with Corinex’s Broadband over Powerline technology is a very exciting endeavor, and we look forward to the project.”

“This opportunity will allow us to showcase suitability of BPL technology for mass deployment opportunities across India,” said Retaish Parimoo, GM of MapleLeaf India. “After the successful installation of Corinex BPL technology with IIIT (Allahabad) it is a natural step to move forward.”

Indian union minister of science, technology and earth sciences, Kapil Sibal, and Canadian minister of foreign affairs and international trade for the Pacific Gateway, David Emerson, announced 10 joint research and development initiatives involving Canadian and Indian companies valued at more than $17 million.

The award to Corinex Communications will be used for project deployment of the BPL solution in two campuses. Ten villages are targeted to be completed approximately one year from the day work begins – subject to various factors. It is anticipated deployment will be completed in the villages, connecting about 3,000 users, within the next 18 months. During this period research and development will also be focused towards making this technology adoptable in India for intelligent grid, automatic meter reading, power management applications, etc.

Once the technology is deployed on a large scale, the revenues will be generated every month for the total life span of the equipments with minimal maintenance costs. Also, since the same infrastructure will be usable for intelligent grid management as well, there will be significant benefits for the utility in using this technology, hence the investments in this technology development are well justified.