Advanced Powerline Technologies, Inc., Today Announces Its Updated Web Site
WOODWARD, OK -- (PINKSHEETS) - September 6, 2006 -- Advanced Powerline Technologies, Inc., (Pink Sheets: APWL - News) announces today a major update to its corporate web site.
Advanced Powerline Technologies, Inc. (APT), reports that it has updated its corporate web site and invites everyone to check out the new look of their site at www.oneaptdrive.com. Interim President Tim Pace stated, "Of course, the web site is still very much a work in progress, but already we believe it presents a more professional, more high-technology image for a company that is based on new and growing technologies." The Company will continue to work to fill in information that is not yet posted and to update information as necessary.
Mr. Pace further stated, "We want to make the most of our new web site. Company management is considering the most effective way of using the new web site in the Company's consumer awareness campaign. At APT, we believe that a knowledgeable consumer is good for our business because a knowledgeable consumer is more likely to select an APT product. The push to digital televisions and High Definition television (HDTV) has produced a large number of first-time buyers for flat panel HDTV systems. APT plans to produce only premium products, and we want consumers to know what makes the difference between a merely acceptable TV set and a truly satisfying viewing experience. In other words, we want the consumer to know why they should choose an APT television."
The first product lines that APT plans to produce are high definition flat panel LCD televisions, which the Company expects to assemble in its facility in Woodward, Oklahoma. The Company has developed a business model that includes initial importing and the concept of InsourcingTM to bring high quality electronics production jobs back to the United States. Everyone knows that outsourcing means moving parts of your business to other companies, often in other parts of the world. InsourcingTM means moving business from other places into APT. While the company prepares its manufacturing facility in Woodward, Oklahoma, it is importing APT branded televisions assembled overseas to the company's high-quality specifications. When ready, APT plans to bring the assembly operations to its facility in Woodward. The company eagerly looks forward to supplying its customers with top quality products, made in Oklahoma.
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.
--------------------------------------------------------------------------------
CONTACT:
Advanced Powerline Technologies, Inc.
Christopher Holley, Vice President Investor Relations
Telephone (310) 544-8894
E-mail: [email protected]
Note: To allow us to respond to you, please include your telephone number in your email. Email responses are sometimes blocked by filtering programs.
--------------------------------------------------------------------------------
Advanced Powerline Technologies, Inc. news
Investor announcements, newest first.
