Published:
Arkados Powers Upcoming Renovia Series from NuVo Technologies
PISCATAWAY, N.J., Sept. 3 /PRNewswire-FirstCall/ - Arkados
(OTC Bulletin Board: AKDS) is pleased to announce its involvement with
multi-room audio manufacturer NuVo Technologies. Arkados is providing a
silicon and software solution that is embedded into the components of NuVo's
new Renovia(TM) multi-room audio system. A prototype of the Renovia system
will be unveiled at CEDIA EXPO 2008 inDenver, Colorado, September 4 -7, in
booth 240.
Most of today's multi-room audio systems deliver music throughout a home
over speaker wire and Cat 5 cable. In existing homes, installers must cut
holes in walls to pull this wire and cable. As a result, the retrofit market
is a challenge for multi-room audio installers. The upcoming Renovia system,
however, will break new ground by using the electrical wiring already inside
the walls of a home to distribute music and metadata to every room.
"Renovia, which uses HomePlug(R) powerline technology to deliver fully
digital music between components, will reduce our dealers' installation times
significantly, allowing them to take on more jobs and to serve the retrofit
market like they never could before with a clean, non-disruptive solution,"
says NuVo Chief Technology Officer Rick Kukulies. "The Arkados
Direct-to-Speaker(TM) solutions enable us to tap into a home's electrical
system so that we can offer our multi-zone playback in a precisely
synchronized manner. Arkados' advanced features are unique in the marketplace,
and offer significant advantages over wireless solutions for the transmission
of both sound and data in terms of range, reliability and consistency."
"We are delighted to work with NuVo," said Oleg Logvinov, president and
Chief Executive Officer of Arkados. "It is very gratifying to see that the
effort we invested into the development of these technologies has been
transformed into new and innovative products addressing the market for
multi-room audio systems."
NuVo's Renovia system, which is expected to ship in the first quarter of
2009, enables users to view and control multiple audio sources from control
pads in each room or remote controls that can roam from room to room.
"The decline in new housing construction is creating more demand for
digital systems that can easily be installed in existing homes," said
Kukulies. "With Arkados' help, we will enable our dealers to make multi-room
audio available to a much wider audience than ever before."
About NuVo Technologies
Based inHebron, Ky., just outside ofCincinnati, NuVo Technologies is an
innovator in the engineering, manufacture and distribution of multi-room
digital audio distribution systems. NuVo focuses just as much energy on its
products' value and ease of use as it does on their quality, design, energy
efficiency and engineering, striving for the highest levels in all aspects.
NuVo believes the music-enabled home is something that all consumers can
achieve and enjoy. Its products can make it happen. Visit NuVo's comprehensive
website at www.nuvotechnologies.com.
Press Contact:
Caster Communications, Inc. at 401.792.7080
Joe Paone jpaone@castercomm.com
Lauren Simmen lsimmen@castercomm.com
For digital images log on to www.castercomm.com
All product and company names referred to herein may be trademarks of
their respective owners.
About Arkados, Inc.
Arkados, "the HomePlug Applications Company," delivers a universal
platform that enables networking of home entertainment and computer devices
using standard electricity lines. The company's system-on-chip solutions are
uniquely designed to drive a wide variety of powerline-enabled consumer
electronics and home computing products, such as stereos, radios, speakers,
MP3 players, computers, televisions, gaming consoles, security cameras and
cable and DSL modems. Arkados customers can bring numerous sophisticated,
full-featured products to market faster at a lower overall development cost
using a single platform: the company's versatile and programmable ArkTIC(R)
platform. Arkados solutions leverage the benefits of HomePlug Powerline
Alliance specifications and can also be used for in-building and to-the-home
(BPL) applications. Arkados(R) and ArkTIC(R) are registered trademarks and
Direct to Speaker(TM) is a trademark of Arkados Inc., a wholly owned
subsidiary of the Arkados Group, Inc. HomePlug(R) is a registered trademark of
the HomePlug Powerline Alliance, of which Arkados is a member. Other names and
brands may be claimed as the property of others. More information can be found
at http://www.arkados.com.
This release 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 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 and the risks and uncertainties detailed from time to time in
reports filed by the company with the Securities and Exchange Commission.
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, the company's ability to raise necessary financing, retention of
key personnel, timely delivery of inventory from the company's contract
manufacturers, timely product development, product acceptance, and the impact
of competitive services and products, in addition to general economic risks
and uncertainties.
Editorial Contact:
Jim Reeber, Arkados, Inc.
Email: jreeber@arkados.com
Phone: (732) 465-9300 x212
Investor Relations Contact:
John Nesbett/Jennifer Belodeau
Institutional Marketing Services (IMS)
Phone: (203) 972-9200
SOURCE Arkados
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