PISCATAWAY, N.J., July 11, 2006 (PRIMEZONE) -- Oleg Logvinov, President and CEO of Arkados Inc., a wholly owned subsidiary of CDKnet.com (OTCBB:CDKN), is joining with leaders from Conexant, Intel, Intellon, and Radio Shack to address how HomePlug powerline communication standards can be incorporated into exciting products for the growing connected home marketplace. The team at Arkados, a wholly owned subsidiary of CDKnet.com (OTCBB:CDKN), has been active within the HomePlug Powerline Alliance since its inception.
Powerline communications technology uses the same wires that carry electricity as a means to transfer high-speed digital information. In two speaking sessions, Mr. Logvinov will address key business and technology professionals from Asia and around the world on topics affecting the market growth of the technology.
The seminar is to be held July 12, 2006 in Tokyo, Japan at the Keiko Plaza Hotel. Information and registration for the HomePlug Executive Seminar can be found at http://japan2006.homeplug.org.
More information about Arkados is available at http://www.arkados.com.
About Arkados, Inc.
Arkados Inc. is a developer, manufacturer and supplier of system-on-chip semiconductors that are designed to create easy-to-use digital connectivity between entertainment and computing devices used by consumers. Arkados solutions will create a virtual, home-wide entertainment and information network that can enable digital data to be shared between stereos, radios, computers, speakers, mp3 players, televisions, cable and DSL modems, and a host of other devices. The company's chips are designed to permit its OEM customers to produce sophisticated, full-featured products with a lower production cost, faster time-to-market, and a high degree of programmability. Arkados is a major contributor to the new HomePlug AV specification and their chips conform to HomePlug Powerline Alliance standards. Arkados chips can be used for applications in the in-home network ("In-Home Network"), through the "last mile" Powerline distribution network ("Broadband Powerline"), and throughout residential and corporate buildings ("In-building Network").
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, successful performance of internal plans, product development acceptance, and the impact of competitive services and pricing and general economic risks and uncertainties.