Allied SCS and Advanced Powerline Technologies, Inc., Today Announces they have Entered into a Joint Venture.
November 28, 2005 -- Allied Supply Chain Solutions, LLC announces today it has formed a joint venture with Advanced Powerline Technologies, Inc., (Pink Sheets: APWL - News) for the sales and marketing of Advanced Powerline Technologies, Inc.'s, line of state-of-the-art consumer electronics products.
Allied SCS will focus on the development of high volume sales channels for the initial line of Advanced Powerline Technologies, Inc., products including LCD Monitors and associated accessories.
"As the demand grows for more targeted sales support in consumer electronics, vendors of mass retailers will be required to provide more comprehensive solution proposals", said Dan Roach, Vice President of Operations for Allied SCS. Mr. Roach further stated, "By establishing this new venture with Advanced Powerline Technologies, Inc., we effectively merge our sales and solutions strength with Advanced Powerline Technologies, Inc.'s, manufacturing capabilities; we will be providing a U.S. based package that is unique to the consumer electronics market."
The Allied SCS area of expertise lies in providing portfolio sourcing solutions to its customers -- offering packages of requested consumer electronics, for example - making effective use of a wide range of manufacturers based on various sales representative partnerships with more than 10 companies. For its part, Advanced Powerline Technologies, Inc., offers a strong manufacturing footprint and has built a significant presence in advanced technologies.
Allied Supply Chain Solutions, LLC is a Massachusetts based company founded in 2001. The company focuses on all aspects of World Wide Business including product manufacturing, component sourcing and product development. Allied SCS maintains a strong manufacturing, sales and operations presence in Asia whose primary task is the organization of the supply chain for the U.S. based sales initiatives.
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 cellular phones and liquid crystal display (LCD) digital monitors and high definition tuners (HDTV) available for viewing television programming. The company intends on marketing the sales of cellular phones, high definition digital monitors and high definition tuners (HDTV) available for viewing television programming 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 statements in this news release may contain forward-looking information within the meaning of Rule 175 under the Securities Act of 1933 and Rule 3b-6 under the Securities Exchange Act of 1934, and are subject to the safe harbor created by those rules. All statements, other than statements of fact, included in this release, including, without limitation, statements regarding potential future plans and objectives of the company, are forward-looking statements that involve risks and uncertainties. There can be no assurance that such statements will prove to be accurate and actual results and future events could differ materially from those anticipated in such statements.
Technical complications that may arise could prevent the
prompt implementation of any strategically significant plan(s) outlined above. The company cautions that these forward-looking statements are further qualified by other factors. The company undertakes no obligation to publicly update or revise any statements in this release, whether as a result of new information, future events or otherwise.
Press Contact:
E-mail: [email protected]
Website: www.alliedscs.com
100 Cummings Center
Suite 339C
Beverly, MA 01915
Phone: 978-317-6146
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