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Intellon Corporation Surpasses 26M Shipment Milestone for HomePlug-based Powerline ICs
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 that it has now shipped over 26 million powerline communications integrated circuits (ICs) based on the HomePlug 1.0 and HomePlug AV standards. Intellon leads the powerline communications industry in shipments of HomePlug-based powerline ICs.
Intellon designs and produces these advanced ICs which allow end users to turn home or office electrical wiring into a high-speed network for the distribution of high definition and standard definition television (HDTV, SDTV), Internet protocol TV (IPTV), Over-the-top (OTT) video, 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 – without the need to install new wires.
Intellon's ICs are used across the globe by over 45 major cable, telephone and satellite service providers such as AT&T, Canal+, Chunghwa Telecom, DirecTV, Dish Network, France Telecom, Free (Iliad Group), H3C, KT (formerly Korea Telecom), Neuf Cegetel, PCCW, Telecom Italia, Telenet and SingTel. Major OEMs manufacturing consumer electronics products based on the company's ICs include Actiontec, Asoka, Aztech, Belkin, devolo, D-Link, devolo AG, IO Gear, LEA, Linksys, Logitech, Monster, Netgear, Sharp, Siemens, Sling Media, Sumitomo Electric and ZyXEL.
"Our technology and the HomePlug standard bring instant, high bandwidth networking to homes using the existing electrical wiring, which is increasingly important as more and more consumer electronics devices are connected within a home," said Rick Furtney, president and COO of Intellon Corporation. "Whether it's fast Internet access, moving streams of video, playing favorite music throughout the house, playing online games in different locations or bringing family photos and family video from the computer room to the living room, that's what this technology is all about."
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 26 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 customer 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 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.