Trimax and its wholly owned subsidiary, PLC Network Solutions Inc., are providers of Broadband over Power Line (BPL) communication technologies. BPL is a communications technology that delivers voice, data, and video content over existing powerlines. Users connect by plugging a modem into an electrical outlet then plug their computer, phone, security camera, digital screen or IP device into the modem. Information is transferred using the power grid to deliver 128-bit encrypted high-speed symmetrical broadband for data, voice, video transmission, and many other carried applications including digital signage.
Trimax recently announced that 126 digital signage screens were purchased on their behalf by various investors and partners, potentially totaling up to $226,000 worth of preliminary contract orders. Digital signage refers to customizable displays that deliver specific content, such as product advertisements, weather updates, and news, and can be changed instantly to reflect differences in the viewing audience from location to location, morning to afternoon, etc. Trimax is currently deploying the technology in Canada, the United States, China and India and future projects to be announced.
The Fortune Report stated that “Broadband over Power Line technology and indoor digital signage, especially proprietary and network management software are among the fastest growing areas in large scale information technology. Looking at the potential overall market size in the billions of dollars, current company valuations, revenues, market cap and trading price, it is not hard to see why there is such a significant upside potential with Trimax. At a mere 3 cents this stock offers what we feel is a minimal downside risk and the potential for dramatic gains to the upside over the next 12 to 18 months.”
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