PowerLinx Inc (PWNX)

[gotinearly]

TIERRA VERDE, Fla., May 30 /PRNewswire-FirstCall/ -- SeaView Video Technology, Inc., (BB:SEVU) the leader in powerline transmission technology, is pleased to announce our latest distribution partnership. SeaView has signed a 5 year multi-million dollar contract with Audiovox(R) Specialized Applications, LLC (ASA), www.asaelectronics.com . ASA, the CCTV market share leader in the RV distribution channel, will distribute SeaView's PowerLine Vision Systems (PLVS)(TM) technology to the Recreational Vehicle marketplace in North America. Using SeaView's advanced PLVS technology and ASA's market proven cameras, monitors, and excellent service record, this new partnership will provide quality advanced technology rearvision solutions to the RV Industry.

The Recreation Vehicle Industry Association (RVIA) states that Recreational Vehicle shipments increased 21 percent from 2001 to 2002 making RVs a $10.9 Billion dollar industry. In 2002, approximately 310,000 RV's were produced. According to a University of Michigan study, that brings to 9.3 million the total number of RV's in the United States. In addition, nearly 1 out of every 10 households now owns an RV, according to the study; including renters, there are over 30 million RV enthusiasts in the USA.

SeaView and ASA believe their combined efforts should allow them to build a 40 to 50 percent market share for the PLVS products. As part of the distribution agreement, ASA is required to attain annual guaranteed minimum net unit sales and purchases to retain the attractive distribution rights over the five-year term of the agreement. SeaView has received initial orders from ASA, which are expected to begin shipping shortly.

Brent Barrow, ASA President & COO, states, "By integrating SeaView's PowerLine Vision Systems(TM) technology and ASA's Voyager(TM) line of cameras and monitors, we will now be able to offer the only rearvision system for the entire line of Recreational Vehicles from the Class "A" Coaches to the full line of towables. This cutting edge innovation in video technology allows installation of a complete new system or a retrofit of existing systems to a 'cable-free' PowerLine Vision Systems(TM) solution. Our market research tells us that PLVS technology will be readily accepted in the RV market, as currently there are no convenient and reliable vision system solutions for 5th wheel or towable RV's."

"Transmitting video using PowerLine Vision Systems(TM) overcomes the two major obstacles to wide-scale adoption of vehicular CCTV. First, using the existing DC wiring harness as the video 'pipeline' eliminates the need for separate coaxial or multi-wire cables. All that is required in the rear of a coach, trailer, or 5th wheel is an active 12- volt wire and a common ground. Second, expensive and complex changes to the wiring harness are no longer necessary."

Michael Ambler, SeaView President & COO, states, "ASA is the largest distributor to sell our new PLVS product line, which launched last year into the transportation industry. ASA has been a leader in the mobile electronics market for over 20 years, and we are pleased to team our technology with their expertise in customer service, distributing and marketing. In addition, ASA's engineering, vehicle applications, and technical support teams will play an important role in integrating the PLV/ CCTV technology into RV OEM plant operations. We expect the demand for our PowerLine Vision Systems to grow significantly as a result of this business relationship."