Advanced Powerline Technologies, Inc., Today Announces Double Prize Pack Winner
WOODWARD, OK -- (PINKSHEETS) - December 6, 2006 -- Advanced Powerline Technologies, Inc., (Pink Sheets: APWL - News) announces today the winner of its Double Prize Pack sweepstakes.
Advanced Powerline Technologies, Inc., (Pink Sheets: APWL - News) announced today that Mr. Gary Young of Riverton, Utah was randomly selected from among all entries as the winner of APT's Double Prize Pack consisting of one brand new 32" APT Flat-Panel LCD High Definition television and one brand new 27" APT Flat Panel Monitor, both of which are built to deliver outstanding video quality. Mr. Young has seven days to contact Mr. Christopher Holley, Vice President Investor Relations at telephone number (310) 544-8894 or e-mail: [email protected] to verify his entry and claim his prize. The company congratulates Mr. Young and wishes him a very Merry Christmas and a Happy New Year enhanced by the stunning video quality of his new APT flat panel LCD HDTV and monitor, the same quality that is built into all APT products. For all those who were not selected, the company sincerely hopes that the free LCD Information Guide, available on the company web site at www.advancedpowerline.com or www.oneaptdrive.com, will help you to select the best television for your needs if you are in the market for a new HDTV set. The LCD Information Guide is still available on the company's web site for anyone wanting help navigating the sea of choices you face when you step into the world of HDTV and flat panel television. Television sets, even HDTV sets, can vary widely in the quality of the picture they deliver. Remember, "it's what's inside that counts"TM.
Advanced Powerline Technologies (APT) sincerely hopes that the contests and the LCD Information Guide have raised awareness of the company as a source of top quality electronic products. The company is determined products from APT will be known for their quality. While APT may continue to offer "regular" flat panel LCD HTDV sets (if an HDTV set delivering unsurpassed video quality can be considered "regular"), the company's principal business focus still remains the same, "to create and develop Broadband over Power Line (BPL) and Power Line Communications (PLC) friendly devices, products and services." Indeed, APT's interest in HDTV sets grew directly from the company's belief that the television/monitor would be a critical part of a complete PLC and BPL system. The company intends to evaluate whether the recent FCC decision to classify BPL as an information service instead of a telecommunications service (thus reducing the regulatory burden) as well as other business conditions will allow it to pursue its principal business focus more quickly than previously expected. APT believes we are poised on the forefront of a new wave of technology that will have applications from home electronics to Homeland Security.
Advanced Powerline Technologies, Inc.'s principal business focus is to create and develop Broadband over Power Line (BPL) and Power Line Communications (PLC) friendly devices, products and services. The company's principal products at this time are liquid crystal display (LCD) digital televisions with high definition tuners (HDTV). The company intends on marketing the sales of High Definition Digital Televisions (HDTV) internationally and domestically. Upon the completion of research, development, and the verification of test results of the company's Broadband over Power Line (BPL) and Power Line Communications (PLC) devices, the company intends to utilize the technology within the existing product platforms to enhance their capabilities. Advanced Powerline Technologies, Inc.'s main products will become Broadband over Power Line (BPL) and Power Line Communications (PLC) friendly devices with the Company's related hardware and system service.
Certain oral statements made by management from time to time and certain statements contained in press releases and periodic reports issued by Advanced Powerline Technologies, Inc., (the ``company''), as well as those contained herein, that are not historical facts are ``forward-looking'' statements within the meaning of Section 21E of the Securities and Exchange Act of 1934, and because such statements involve risks and uncertainties, actual results may differ materially from those expressed or implied by such forward-looking statements. Forward-looking statements, including those in Management's Discussion and Analysis, are statements regarding the intent, belief, or current expectations, estimates, or projections of the company, its directors, or its officers about the company and the industry in which it operates and are based on assumptions made by management. Forward-looking statements include without limitation statements regarding: (a) the company's strategies regarding growth and business expansion, including future acquisitions; (b) the company's financing plans; (c) trends affecting the company's financial condition or results of operations; (d) the company's ability to continue to control costs and to meet its liquidity and other financing needs; (e) the declaration and payment of dividends; and (f) the company's ability to respond to changes in customer demand and regulations. Although the company believes that its expectations are based on reasonable assumptions, it can give no assurance that the anticipated results will occur. When issued in this report, the words ``expects,'' ``anticipates,'' ``intends,'' ``plans,'' ``believes,'' ``seeks,'' ``estimates,'' and similar expressions are generally intended to identify forward-looking statements.
Important factors that could cause the actual results to differ materially from those in the forward-looking statements include, among other items, (i) changes in the regulatory and general economic environment; (ii) conditions in the capital markets, including the interest rate environment and the availability of capital; (iii) changes in the competitive marketplace that could affect the company's revenue and/or cost and expenses, such as increased competition, lack of qualified marketing, management or other personnel, and increased labor and inventory costs; (iv) changes in technology or customer requirements, which could render the company's technologies noncompetitive or obsolete; (v) new product introductions, product sales mix, and the geographic mix of sales.
The company disclaims any intention or obligation to update or revise forward-looking statements, whether as a result of new information, future events, or otherwise.
Safe Harbor Statement under the Private Securities Litigation Reform Act of 1995: The statements which are not historical facts contained in this advertisement are forward-looking statements that involve certain risks and uncertainties including, but not limited to, risks associated with the uncertainty of future financial results, additional financing requirements, development of new products, governmental approval processes, the impact of competitive products or pricing, technological changes, and the effect of economic conditions.
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CONTACT:
Advanced Powerline Technologies, Inc.
Christopher Holley, Vice President Investor Relations
Telephone (310) 544-8894
E-mail: [email protected]
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