Orlando, Fla., November 4, 2008
- Intellon Corporation (Nasdaq: ITLN), a leading provider of HomePlug®-compatible integrated circuits (ICs) for home networking, networked entertainment, Ethernet-over-Coax (EoC) and smart grid applications, announced that Monster, the world's leading manufacturer of audio and video connectivity solutions, is embedding Intellon's HomePlug AV-based ICs in the first of a family of products designed to distribute content from multiple sources throughout a home using the existing electrical wiring. The Monster® Digital Express PowerNet 200 provides equipment protection from surges along with noise filtration for optimal viewing and listening experiences coupled with the ease of Intellon's "No New Wires powerline technology.
The PowerNet 200, introduced and demonstrated by Monster at the CEDIA Expo, is the first in a planned family of Digital Express digital connectivity solutions currently in development at Monster using HomePlug powerline networking technology. Monster's PowerNet 200 combines Monster's expertise in power filtration and surge protection to add value as well as enhance the speed of the powerline communication by filtering out power line noise that adversely affects the speed of data through the power pipeline.
New Over-the-Top (OTT) video sources and IP/Ethernet TV and streaming DMA devices from companies such as Netflix/Roku, Vudu, Apple TV and even gaming consoles which allow downloading of movies and video are market drivers for the new Monster solution. The industry projects that the number of movie downloads over the Internet are expected to exceed two billion per year by 2011.
"Reliable high-speed network connectivity to home entertainment equipment such as Blu-ray players, game consoles and networked A/V receivers is going to be necessary to deliver high-definition downloaded content, online gaming and personal media to every television and computer in the home," said Noel Lee, The Head Monster. "Using the existing electrical wiring in a home to deliver these services provides the speed necessary to support multiple streams of HD content."
"Embedding our HomePlug powerline solution in the Monster home entertainment power distribution center makes perfect sense," said Charlie Harris, CEO and Chairman of Intellon Corporation. "It demonstrates Monster's leadership and is further evidence that Intellon's HomePlug solution provides the quality demanded by end users, the bandwidth to support multiple streams of HDTV and the convenience of making a network out of the existing electrical wiring in the home."About Monster
Monster, under its Monster Cable® brand, is the world's leading manufacturer of connectivity solutions for high-performance audio, video, computer, mobile audio, iPod, iPhone and MP3 as well as console and computer gaming, professional audio and sound reinforcement. The company also offers a variety of innovative accessory products designed to enhance the enjoyment of portable electronics devices. Monster, under its Monster Power® brand, is also the leading manufacturer of high performance power line conditioning and protection products for audio/video systems. Explore the world of Monster at www.MonsterCable.com
.About Intellon CorporationIntellon
(Nasdaq: ITLN) is a market leader in powerline
communications, providing HomePlug® compliant and other powerline integrated circuits for home networking, networked entertainment
access, Ethernet-over-Coax (EoC), smart grid management and other commercial applications. Intellon created and patented the baseline technology for HomePlug 1.0, and is a major contributor to the baseline technology for the 200-Mbps PHY-rate HomePlug AV powerline standard
. With over 23 million HomePlug-based ICs sold, Intellon is the market share leader in the HomePlug IC market. The Company was founded in 1989 and is headquartered in Orlando, Florida, with offices in Ocala, Florida, San Jose, California and Toronto, Canada. For additional information, visit www.intellon.com
.Cautionary Note Regarding Forward-Looking Statements:
All statements included or incorporated by reference in this release, other than statements or characterizations of historical fact, are forward-looking statements. These forward-looking statements include, but are not limited to, assertions regarding the use of Intellon's HomePlug-based solutions in conjunction with Monster products or services or in any of the other applications or markets mentioned herein. Actual future results could differ materially from those anticipated as a result of certain risks and uncertainties. These factors include, but are not limited to, the risk that the market for powerline communications products, including Intellon ICs, may not develop as expected; the risk that Intellon may be unable to manage its growth effectively; uncertainties associated with competitive pressures, technical challenges and changes in industry standards; customer concentration and changes in customer demand and product mix; fluctuations in the availability and pricing of third party products and services used to manufacture, assemble and test Intellon's products; problems or delays in the fabrication, assembly, testing or delivery of Intellon's products; and economic and political uncertainties in Intellon's markets, including the risk of continued volatility and uncertainty in global financial and commercial markets. These and other risk factors are described in detail in the Risk Factors section of Intellon's Form 10-Q dated August 13, 2008, as filed with the Securities and Exchange Commission. Intellon assumes no obligation to update the forward-looking information contained in this release. Intellon and No New Wires are registered trademarks of Intellon Corporation. HomePlug is a registered trademark of the HomePlug Powerline Alliance, Inc. All other trademarks mentioned are the property of their respective owners.