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ITRAN Communications Announces Strategic Joint Venture With Kinden, Alps and Macnica to Bring Complete Power Line Communications Solution for the Connected Home; Leading Technology, Infrastructure, Development and Manufacturing Companies Form PREMINET, Inc. to Provide Complete PLC-Based Networking Solutions in Japan.

Publication: PR Newswire
Publication Date: 19-FEB-02 		Format: Online - approximately 629 words
Delivery: Immediate Online Access

Article Excerpt
NAPLES, Fla. -- ITRAN Communications, Ltd., Kinden Corporation (Tokyo: 1944; Osaka), Alps Electric Co. (Tokyo: 6770; Osaka) and Macnica, Inc. (Tokyo: 7631), established a new joint venture company, PREMINET, Inc. The Partners in the multi-million-dollar joint venture plan to develop and market next generation PLC systems in Japan.

Each JV partner plays a critical role in providing data transmission systems, related products and peripherals based on ITRAN's power line technologies.

* ITRAN Communications provides the core intellectual property via their proprietary PLC chip technologies. ITRAN's chips enable low-cost, highly reliable, high-speed...

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