[September 04, 2009] Intellon Corporation to Move Ocala Facility to Expanding Technology Corridor in Downtown Ocala Tweet ORLANDO, Fla. --(Business Wire)-- Intellon Corporation (Nasdaq:ITLN), a leading provider of HomePlug®-compatible integrated circuits (ICs) for home networking, networked entertainment, Ethernet-over-Coax (EoC) and smart grid applications, announced it is moving its Ocala operations to a new facility located in the expanding technology corridor in downtown Ocala, Florida. A lease agreement has been signed and the company expects to move into the new facility in December 2009 following the completion of renovations. Intellon was founded in Ocala 20 years ago and currently employs approximately 60 people in Ocala who work in hardware, software and applications engineering, as well as sales, business development, operations, software testing, finance and other administrative and support functions. The new custom-designed facility will be located at 203 East Silver Springs Boulevard, in the heart of Ocala's historic downtown area. The facility is being designed to enhance work flow and efficiency and provide room for additional employees. With support from the Ocala/Marion County Economic Development Corporation, the City of Ocala, Marion County and Enterprise Florida have agreed to contribute funds to offset some of the costs of the new location. The funding commitments are contingent on the company's maintaining and increasing jobs in the new location as well as other factors. "This is the third step in our program to increase the quality and efficiency of our facilities across the company," said Charlie Harris, chairman and CEO of Intellon. "Over the past 24 months, we opened a new headquarters office near the Orlando airport and made significant improvements to our Toronto, Canada facility. This move will bring our Ocala facility up to the same high standards. We particularly appreciate the support provided by our Ocala city and county governments as well as Enterprise Florida and the Ocala EDC, who recognized the value this new facility can have on employee morale and our ability to continue to recruit and retain high tech professionals to the Ocala area. This move would not have been possible without their support." Intellon designs and markets HomePlug standards-based powerline ICs, which allow customers to use existing home electrical wiring to connect and communicate between a wide variety of products - including home gateways and routers, personal computers, set-top boxes, digital media adapters, flat-screen TVs, game consoles, and security cameras - without the need to install new wires. Products based on Intellon's ICs are used around the globe for such applications as streaming television content across a home, connecting personal computers, flat screen TVs and Blu-Ray players to a customer's Internet gateway and extending Wi-Fi coverage. Intellon's ICs are used by 50 service providers such as AT&T, Canal+, Chunghwa Telecom, DirecTV, Dish Network, France Telecom, Free (Iliad Group), PCCW (News - Alert), SFR/neuf, Swisscom, Telecom Italia, and Telenet. Major OEMs manufacturing consumer electronics products based on the company's ICs include Actiontec, Asoka, Aztech, Belkin, devolo AG, EchoStar, LEA, Linksys, Logitech (News - Alert), Monster, Netgear, and ZyXEL. About Intellon Corporation Intellon (Nasdaq: ITLN) is a market leader in powerline communications, providing HomePlug® compliant and other powerline integrated circuits for home networking, networked entertainment, BPL access, Ethernet-over-Coax (EoC), smart grid management and other commercial applications. Intellon created and patented the baseline technology for HomePlug 1.0, and is a major contributor to the baseline technology for the 200-Mbps PHY-rate HomePlug AV powerline standard and the draft IEEE (News - Alert) P1901 powerline standard. With more than 34 million HomePlug-based ICs sold, Intellon is the market share leader in the HomePlug IC market. The Company was founded in 1989 and is headquartered in Orlando, Florida, with offices in Ocala, Florida, San Jose, California and Toronto, Canada. For additional information, visit www.intellon.com. Cautionary Note Regarding Forward-Looking Statements: All statements included or incorporated by reference in this release, other than statements or characterizations of historical fact, are forward-looking statements. These forward-looking statements include, but are not limited to, assertions regarding the expected occupancy date and potential benefits of Intellon's new Ocala facility and the use of Intellon's HomePlug-based solutions in conjunction with any customer products or services or in any of the applications or markets mentioned herein. Actual future results could differ materially from those anticipated as a result of certain risks and uncertainties. These factors include, but are not limited to, the risk that the market for powerline communications products, including Intellon ICs, may not develop as expected; the risk that Intellon may be unable to manage its growth effectively; uncertainties associated with competitive pressures, technical challenges and changes in industry standards; customer concentration and changes in customer demand and product mix; fluctuations in the availability and pricing of third party products and services used to manufacture, assemble and test Intellon's products; problems or delays in the fabrication, assembly, testing or delivery of Intellon's products; and economic and political uncertainties in Intellon's markets, including the risk of continued volatility and uncertainty in global financial and commercial markets. These and other risk factors are described in detail in the Risk Factors section of Intellon's Form 10-Q dated August 7, 2009, as filed with the Securities and Exchange Commission. Intellon assumes no obligation to update the forward-looking information contained in this release. Intellon and No New Wires are registered trademarks of Intellon Corporation. HomePlug is a registered trademark of the HomePlug Powerline Alliance, Inc. All other trademarks mentioned are the property of their respective owners. [ Back To TMCnet.com's Homepage ]