10 June 2004 -- PowerLinx, Inc. Provides VOD Through Agreement With B2 Networks LLC
PowerLinx Will Provide Video-On-Demand and Other B2 Digital Services to Hotels and Multiple Dwelling Units (MDU's) In Conjunction With PowerLinx Internet Connectivity Products To Generate Recurring Revenue
TIERRA VERDE, Fla., June 10 /PRNewswire-FirstCall/ -- PowerLinx, Inc. (BB:PWLX), the leader in power line communication products, has entered into a marketing and distribution agreement with B2 Networks, LLC to distribute the new B2 Digital Services Product Line. The agreement also provides PowerLinx the ability to market and distribute the Pay-Per-View and Digital Satellite Services of Telecommunication Products, Inc. (OTC Bulletin Board: TCPD); "Telpro" is a strategic partner and minority shareholder of B2 Networks, LLC. The distribution agreement will complement, and enhance, the recently launched PowerLinx product offerings of high-speed internet and connectivity to the Hotel & MDU market segment. The agreement provides for recurring revenue sharing by all participants, including the hotel & MDU property owner, on the services used and purchased by customers.
Pursuant to the agreement, B2 Networks and Telpro will be supplying Point-to-Point Wireless Local Loop internet connectivity in each hotel room through the B2 Wireless Access Point (B2WAP), which will connect to the in-room Hotellinktv.com for laptop users, and the B2 Digital TV set top box and handheld remote control for in-room television. These products allow PowerLinx to market a large variety of in-room digital services, which include making airline reservations, ordering pizza, event ticketing, and transportation services, along with delivery of Hollywood movies, sport and live events, and distinct genres of Pay-Per-View content. PowerLinx, along with B2 Networks and Telpro, have already executed contracts and completed installations to begin operating Hotellinktv.com, one of three B2 Digital Services, in over 4,000 hotel rooms. PowerLinx will begin actively marketing the B2Wap service and the B2 Digital TV Broadband Set Top Television System with our complete Hotel & MDU Connectivity products later this month through our business-to-business marketing partner, Winn Technology Group, Inc.
"The B2 Digital Services bring a value added proposition to PowerLinx's new 'PowerConnectBB' product packages and systems. After reviewing several in-room service products, B2 Networks and Telpro were selected for their ability to provide a true end-to-end digital services package to in-room guests for our customers and clients. We plan to market the entire product package to our current customer base of over 6,000 hotel rooms which is expanding weekly with additional installations," explained Michael Ambler, President & COO of PowerLinx. "The B2 Digital Sevices provide PowerLinx with a second growing recurring revenue source without any additional costs once the initial installation is complete, joining the recurring revenue source provided through the servicing of the entire 'PowerConnectBB' system. It also provides the hotelier with an opportunity to garner a direct ROI on the installation of our system."
Greg P. Bell, Chairman & CEO of B2 Networks stated, "We are pleased to join PowerLinx in this revenue growing venture, which allows our company to achieve our objective of providing media to the hotel & MDU industry. We expect to continue to enhance and expand the content and services available to provide true value to the hotel guest and increased revenues for all parties involved."
Robert Russell, CEO of Telpro added, "Our alliance with B2 Networks has already begun to produce results. And, our participation in this agreement with PowerLinx will significantly increase our existing customer base, further strengthening our market presence and increasing the number of rooms using our Digital Services. This business arrangement has very positive implications for revenue growth in both the short and long term for all participants."
About B2 Networks (LLC):
B2 Networks is a premier provider of reliable, scalable and secure international broadband video networks, management, distribution and billing systems. B2's core networks, data centers and systems are currently in use to distribute entertainment, sports and live events to computer and television screens in hotels and homes around the world. B2 manages and owns the digital distribution rights to distinct genres of entertainment, sports and television properties and works with clients such as Digicast, USAGymnastics, Lennox Lewis, OregonStateUniversity, Las Vegas Wranglers, Diamond Sports Management, Guest DSL, and Latterly Telecommunication Products, Inc. http://www.b2now.com .
About Telecommunications Products, Inc.:
Telecommunications Products, Inc. (BB:TCPD) ("Telpro"), is a provider of voice-on-demand and pay-per-view services to the hospitality industry. The Company is currently marketing hi-speed Internet access products, including high end wi-fi. Telpro is committed to delivering the next generation of interactive communication services to its growing database of clients. For additional information, please visit http://www.tellapro.com or for investor relations go to: http://www.otcfn.com/tcpd .
About PowerLinx, Inc.:
PowerLinx, Inc., http://www.power-linx.com , develops, manufactures, and markets, among other devices, products, and applications developed to transmit voice, video, audio and data either individually or any and all combinations over power lines, twisted pair wires and coax in AC and DC power environments, on any and all power grids. The Company has also developed, manufactured, and marketed different kinds of underwater video cameras, lights and accessories for the marine, commercial and consumer retail markets.