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Powerline Technology Leader Intellon Corporation Opens Headquarters Office in Orlando, Florida

^{Published on 2008-12-02 06:58:54 - Market Wire}
 

ORLANDO, Fla.--([ BUSINESS WIRE ])--[ 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 the opening of its new headquarters office facility in Orlando, Florida, just north of Orlando International Airport (OIA).

Intellon designs and produces advanced ICs that allow end users to turn home or office electrical wiring into a high-speed network for the transmission of high definition and standard definition television (TV), Internet protocol TV (IPTV), high-bandwidth Internet sharing and file sharing. Products based on Intellon's ICs can be used to connect a wide variety of products – including home gateways and routers, personal computers, set-top boxes, digital media adapters, flat-screen TVs, game consoles and security cameras – over the existing electrical wiring in a home or other building.

Most of the company's products are based on global standards published by the [ HomePlug Powerline Alliance ]. Intellon is the market share leader in HomePlug-based powerline ICs and has shipped over 23 million of these ICs to date. In 2007, INC. magazine ranked Intellon as number 19 on its list of the 100 fastest growing companies in the computers and electronics industry.

Intellon's ICs are used worldwide by over 45 major cable, telephone and satellite service providers such as AT&T, Chunghwa Telecom, DirecTV, Dish Network, France Telecom, Free (Iliad Group), H3C, KT (formerly Korea Telecom), Neuf Cegetel, PCCW, Telecom Italia, Telenet and SingTel. Consumer electronics companies using Intellon technology include Actiontec, Asoka, Aztech, Belkin, D-Link, devolo, IOGEAR, LEA, Linksys, Logitech, Monster, Netgear, Sharp, Siemens, Sling Media, ST&T, TII Networks and ZyXEL.

"Our global business requires meetings with executives from leading companies across the world, and we also need the services and resources available in a major metropolitan area," said Charlie Harris, CEO and Chairman of Intellon Corporation. "With the opening of our corporate headquarters here, we can easily facilitate customer, analyst, board and standards groups meetings that will often be attended by representatives from around the world in a facility just outside the Orlando airport."

The new Intellon Corporation headquarters facility is housed in the Citadel II office building located just off Semoran Boulevard (SR 436) in Orlando. Intellon also has major research, development and engineering offices in Ocala, Florida (which previously housed the company's headquarters) and Toronto, Canada, and a sales and applications engineering office in San Jose, California. Intellon was founded in 1989, in Ocala, Florida. The company's common stock began trading on the NASDAQ Global Market under the ticker "ITLN" on December 14, 2007.

About Intellon Corporation

[ Intellon ] (Nasdaq: ITLN) is a market leader in [ powerline ] communications, providing HomePlug® compliant and other powerline integrated circuits for home networking, [ networked entertainment ], [ BPL ] 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 more than 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 by any of the customer companies mentioned or expectations regarding Intellon's anticipated business momentum based on past performance. 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 November 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.