SKG skynetglobal limited

wireless also up

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    Harvey Norman & Dick Smith to sell

    SkyNetGlobal powerline products

    SYDNEY 5th August 2003, SkyNetGlobal (ASX: SKG), a leading provider of wireless broadband

    solutions, today announced the signing of an exclusive distributorship agreement with Smart

    Connect (Wholesale) Pty Ltd, to distribute SkyNetGlobal’s Corinex range of powerline networking

    products to major retail chains such as Harvey Norman and DickSmith.

    Smart Connect is Australia’s leading distributor of home networking and automation products to

    the retail sector. Its product range includes Gigafast’s powerline Ethernet adapters and a range of

    X10 home automation products. Smart Connect presently distributes these products to most of

    Australia’s major retail chains such as Dicksmith, Tandy, Harvey Norman and Domanye, who

    combined have a retail distribution network of more than 480 stores nation wide.

    Under the agreement, Smart Connect will replace Gigafast’s powerline Ethernet adapters with the

    complete range of Corinex’s powerline networking products including the 802.11 b wireless access

    point. The Corinex Ethernet and USB adapters will be sold at a retail price of $199 each including

    GST, with pricing for the other products to be finalised soon.

    Smart Connect expects to sell 7000 units by June 2004, solely to the retail sector, growing to

    10,000 units by June 2005. SkyNetGlobal’s partnership with Smart Connect will establish Corinex

    as the number one selling Home Plug (the powerline industry’s Standards Alliance) certified

    networking product in Australia, with an estimated 90% market share of the powerline home

    networking sector.

    "Our research estimates the Australian powerline market to be worth A$4 million in 2004 growing

    to A$10 million per annum in 2008 as the number of households owning more than one computer

    continues to increase. The advantages of using powerline technology for home networking are the

    ubiquity of electrical outlets, no new wires, high data rates and cost effectiveness. Compared to

    WiFi as an alternate for home networking, powerline technology is more secured and provides

    longer signal range (up to 300m)." said Frost & Sullivan.

    The CEO of SkyNetGlobal, Jonathan Soon said, "The partnership with Smart Connect is a

    significant milestone to SkyNetGlobal’s plan of achieving number one market share in Australia’s

    powerline home networking sector. Today’s agreement has exceeded our expectations in terms of

    timing and sales forecast for our powerline business."

    The Managing Director of Smart Connect, Peter McCook said: "SkyNetGlobal’s Corinex powerline

    products offer consumers a diverse range of networking options unmatched by no other vendor.

    We are excited about the prospects of our partnership and look forward to a long term successful

    relationship with SkyNetGlobal."

    More information about Corinex powerline products

    Powerline technology allows the utilisation of existing electrical wires to create Local Area Network

    connectivity between multiple computers, and to share printers and internet connections from any

    power socket in a premise. Corinex intelligent powerline products can transmit data, audio, video

    and VoIP signals over electricity wires at speeds up to 14 Mbps at distances of up to 200 metres.

    As most commercial premises and homes already have

    existing electricity wiring, the convenience and cost benefits

    of using powerline technology are significant, in comparison

    to laying new cables for traditional networking products.

    Setting up a powerline network is as simple as plugging two

    Corinex Ethernet or USB adapters into two separate 240v

    power sockets within an office or home.

    One of the most expensive parts of

    deploying a wireless hotspot is the

    cabling cost of connecting the

    wireless transmitter to the switch

    where internet access is provided.

    By using the Corinex Wireless

    Powerline solution, hotspot

    operators can reduce infrastructure

    costs by at least 50% using the

    existing electricity wiring of a

    hotspot location.

    For detailed information on Corinex products, please visit our website at www.skynetglobal.com.

    ABOUT SKYNETGLOBAL

    Listed on the Australian Stock Exchange (ASX: SKG) and headquartered in Sydney, SkyNetGlobal

    is a leading innovator of wireless broadband solutions specialising in 802.11 wireless (WiFi) &

    Home Plug powerline technologies. SkyNetGlobal’s solutions include a global remote access

    service called "Connector" providing internet connectivity to 1000 wireless hotspots worldwide, and

    W Home, a smart home system designed to deliver efficiency, convenience and cost savings for

    apartment dwellers, offering wireless broadband telecommunications and services.

    ABOUT SMART CONNECT

    Smart Connect is Australia’s leading distributor of home networking and automation products to

    the retail sector. Its product range includes Corinex powerline and a range of X10 home

    automation products. Smart Connect ‘s trading partners includes most of Australia’s major retail

    chains such as Dicksmith, Tandy, Harvey Norman and Domanye, who combined have a retail

    distribution network of more than 480 stores nation wide.

    ABOUT FROST & SULLIVAN

    Frost & Sullivan employs over 500 consultants, market analysts, corporate trainers, account

    managers and customer support staff globally. They work together in providing growth consulting

    and corporate training solutions to clients in more than 50 countries around the world. For more

    information, please visit their website at www.frost.com.

    ABOUT CORINEX COMMUNICATIONS

    Corinex (www.corinex.com) is a developer and manufacturer of innovative connectivity products

    for the expansion of the accessibility and distribution of high speed data, audio, video and voice

    signals to and within premises and a provider of system integration services to industries world

    wide. The Corinex R&D team develops a unique and full-range solution for wired and wireless

    connections, using the electrical wires as the network backbone for the end user. Corinex provides

    integrated, end-to-end connectivity solutions that meet the diversified needs of its customers over

    a common IP-based technology platform.

 
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