PowerLinx Inc (PWNX)

[gotinearly]

TIERRA VERDE, Fla.--(BUSINESS WIRE)--Feb. 13, 2003--SeaView Video
Technology, Inc. (OTCBB:SEVU) has inked an exclusive master
distributorship agreement with The Tyman Group, LLC of Anthem, AZ. to
sell and distribute SecureView DC Camera Systems exclusively to the
waste hauling vehicles, materials handling, and special utility
vehicles markets in North America. As part of the agreement, to
acquire exclusive distribution rights The Tyman Group will pay a
non-refundable exclusivity fee payable in two installments with the
first payment being paid at the execution of the agreement and the
second payment scheduled in 180 days. In addition, to retain these
exclusive distribution rights The Tyman Group is required to attain
annual guaranteed minimum net unit sales and purchases over the
five-year term of the agreement with the 2003 contract year guaranteed
minimum net unit sales and purchases set at approximately $1.7M. If
The Tyman Group achieves their annual guaranteed minimum net unit
sales and purchases over the life of the agreement, Seaview has the
potential to achieve approximately $36.25M in revenue. SeaView has
received initial orders from Tyman, which are expected to begin
shipping later this month.
Seaview has been working with Tyman since mid-2002 testing and
developing product for the waste hauling and commercial vehicles
transportation market. The Tyman Group LLC is a team of highly
experienced individuals from diverse disciplines including sales,
business development & strategy, progressive marketing, and operations
within waste hauling and mobile transportation industries. Harold
Halman, Tyman President states: "We are expanding nationally with a
good/better/best differential strategy via direct selling activities
to the fleets, as well as growing channel distribution within
strategically established areas. These strategic relationships have
been established with select dealers and OEM partners for direct and
after-market opportunities. This expansion has taken place
predominately via marketing of the `near-wireless' high-speed video
signal Power-Line-Carrier (PLC) technologies for mobile vehicles. We
have been successful with this technology by offering an advanced
solution with a significant reduction in cost of maintenance by
establishing a common connector and eliminating the communication
cables that comprise the majority of service issues, as well as
reducing installation costs for the end user. With over 50 aggregate
years experience in mobile transportation, Tyman expects to
successfully leverage relationships to advance typical `rear-vision'
to the next level using SeaView's DC SecureView products."
Tyman is the first major distributor to sell the new product line
for the transportation industry, which was launched last year.
Leveraging existing patent protected Power-Line-Carrier (PLC)
technology, SeaView built a new system that runs voice, video, audio
and data communication over DC (Direct Current) power lines to add to
their existing SecureView(TM) AC (Alternating Current) product lines.
Initially, the system will consist of small environmentally sealed
transmitter and receiver modules, simply connecting to a truck's
existing electrical wiring harness. Video and audio signals from a
side-mounted and/or rear-mounted camera are transmitted using PLC to a
receiver and video monitor mounted inside the truck's cab. The
receiver module powers itself and the video monitor via a standard
cigarette lighter adapter, intercepting and converting the video
signal. SeaView's PLC technology is compatible with existing video
products accepting the RS-170/EIA standard composite video signal.
Further, SeaView is currently actively seeking and establishing
additional channel partners for marketing and distribution of this
advanced PLC technology into the transportation industry's trucking,
commercial managed fleet, passenger/school bus and automotive vertical
markets.

About Seaview Video Technology Inc.

SeaView Video Technology Inc. designs, manufactures and markets,
among other devices, products and applications developed to transmit
voice, video, audio and data either individually or any and all
combinations over power lines, in AC and DC power environments, on any
and all power grids. The Company has also developed and manufactures
different kinds of underwater video cameras, lights and accessories
for the marine, commercial and consumer retail markets.

About The Tyman Group, LLC

The Tyman Group, LLC headquartered in Anthem, AZ is an integrator,
distributor and wholesaler of OEM products and mobile transportation
surveillance systems. The Tyman Management Group is a team of highly
experienced individuals from diverse disciplines including sales,
business development & strategy, progressive marketing, and operations
within waste hauling and mobile transportation industries. With over
50 aggregate years in mobile transportation experience, Tyman strives
to successfully leverage its relationships to advance typical
"rear-vision" to the next level.