NORTH PLAINFIELD, N.J., July 7, 2004 (PRIMEZONE) -- CDKNet.com, Inc. (OTCBB:CDKN) announced that its Arkados, Inc. subsidiary entered into a development agreement with Leviton Manufacturing Co. to create powerline carrier networking applications for Leviton. Arkados(tm) develops and distributes proprietary and standards-based technology products for the rapidly emerging powerline communication industry.
Under the terms of the agreement, Arkados will develop applications based on the HomePlug(r), Powerline Alliance's HomePlug 1.0 and upcoming HomePlug AV specifications. HomePlug AV technology will deliver the speeds, built-in security, and designed-in quality of service (QoS) features, to provide whole-house distribution of entertainment-focused applications such as high-quality audio and HDTV streaming.
Arkados Chief Executive Officer and President, Oleg Logvinov, said, "We are delighted to work with Leviton to develop these networking applications for the existing large home and light commercial markets. Leviton has the dominant position in structured wiring solutions and is a natural for creating and marketing applications involving these new powerline technologies." Logvinov also serves as president of the industry standards setting HomePlug Powerline Alliance.
Leviton Vice President of Technology Ken Moriyama said, "Working with Arkados provides key HomePlug expertise and applications development resources to Leviton. This agreement allows us to quickly extend our existing Leviton Integrated Networks business, currently focused on new construction, into the large existing home and light commercial markets. The powerline applications are designed to operate over the existing power wiring in the home or business, providing a robust, flexible, and simple-to-install solution without running any new wires."
The powerline communication industry is a rapidly developing field focused on the high-speed communication over conventional power lines. Powerline communication is used for both in-home applications, where the HomePlug specification is a global standard, and for to-the-home applications, where the technology is called Broadband Powerline (BPL). While BPL is now being tried by a number of utilities, the in-home powerline networking led by the HomePlug Alliance is gaining worldwide momentum and products can be found on the shelves of major retailers. In-home powerline communication technology allows Internet traffic, voice over IP data, multimedia, and digital content including high quality video to travel through the standard electrical wires inside of the home -- setting up a home network where PCs, TVs and stereos can talk to one another and share high quality-data, video and audio.
About Arkados
Arkados Inc., based in North Plainfield, N.J., is a subsidiary of CDKNet.com Inc. (OTCBB:CDKN). A home networking and broadband powerline communications company, Arkados' powerline solutions enable high-speed digital transmission of voice, video, and data over the existing powerline infrastructure. Arkados' highly integrated semiconductors are targeted for the home networking and broadband communications markets with a focus on application support.
Using advanced design methodologies, Arkados is developing semiconductors that incorporate both standards-based and proprietary technologies. Arkados' designs for next-generation home-networking products incorporate diverse functionality with a focus on the cost-effectiveness of final products, and are intended to get products to market quickly. Arkados' solutions support a rapid development environment through robust support of industry-standard Operating Systems and APIs, as well as comprehensive design documentation, software, training, and certification assistance. Arkados is a member of HomePlug Powerline Alliance (www.homeplug.org).
About Leviton
The Leviton Manufacturing Company is a leading manufacturer of electrical and electronic wiring devices. The Leviton name is synonymous with quality electrical products for every conceivable residential and commercial need. Established in 1906 at the dawn of the electrical age, today Leviton is one of the world's most extensive and diversified electrical manufacturing companies. To fully enable today's homes and offices with the latest in information, entertainment and control systems, Leviton has established Leviton Integrated Networks as the technological upgrade path to the future. Leviton Integrated Networks provides structured wiring solutions for distributed audio, video, data, and voice along with home automation technology for both new and retrofit residential, MDU, and light commercial applications. For more information, visit www.leviton.com.
This report includes "forward-looking statements" within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934. The information in this news release includes certain forward-looking statements that are based upon assumptions that in the future may prove not to have been accurate and are subject to significant risks and uncertainties, including statements as to the future performance of the company. Although the company believes that the expectations reflected in its forward-looking statements are reasonable, it can give no assurance that such expectations or any of its forward-looking statements will prove to be correct. Factors that could cause results to differ include, but are not limited to, successful performance of internal plans, product development acceptance, and the impact of competitive services and pricing and general economic risks and uncertainties.