Before a sold out crowd of over 800 business leaders and entrepreneurs, San Diego’s leading technology nonprofit organization, CONNECT, announced that PCN’s IP-485 products were the 2010 top award winner for innovation for Communication & Information Technology.

Easily integrated into existing machine to machine control networks by using the same twisted pair wire already installed, PCN IP-485 products transition secure and reliable private control networks into a unified interconnected Control and IP based network offering a combined solution while simultaneously maintaining the benefits of each independent system.

Acknowledged as a world leading program recognizing emerging technologies, CONNECT’s past award recipients have been companies such as Qualcomm, General Atomics, Entropic Communications, Freescale and others.

Since the 1990’s, technology products and markets have transitioned towards an Internet based world. This has included the rapid adoption of new media, payments, social networking, software, smart devices & sensors among many other types of intelligent devices and applications. Underlying infrastructure within critical commercial, industrial and energy markets were not designed for web connectivity due to security and reliability requirements. With the huge advances of IP throughout the world however, structured machine networks can now obtain the same revolutionary applications & benefits by utilizing PCN products and solutions for interconnecting, multiplexing and unifying critical private networks with open IP networks using the exact same wires already in place.

PCN IP-485™ products provide private network security, reliability, & robustness with remote feature rich Internet enabled functionality without affecting existing network operations, infrastructure, or existing product platforms. PCN products & platforms ultimately create “an infrastructure cloud” allowing critical control and power operations to be maintained and guarded, while on the same wire allowing new infrastructure IP based cloud applications to be created and utilized through interconnectivity to the Internet.

Venkat Shastri, CEO of PCN Technology, Inc. stated, “PCN is honored to be awarded with the Most Innovative Product for our IP-485™ networking platform. We thank CONNECT and its distinguished judges for their selection. With so many successful global communication technology companies in this region, receiving the CONNECT MIP award is very special to PCN.”

Daniel Drolet, SVP of PCN commented, “Due to the structured critical requirements of machine to machine networks, they have simply not been able to accelerate as rapidly to an IP based world as have consumer markets and applications. PCN products allow the industrial communication revolution to take hold and rapidly spread by providing convergence and interconnectivity of Control, Power and IP data networks using the existing web of copper data and power wiring already deployed throughout the world.”

PCN products are being marketed and sold to companies worldwide within commercial, industrial, building automation, oil and gas, clean energy, smart grid, manufacturing, transportation, and hospitality markets.

About PCN

PCN Technology, Inc. is the leading communication and networking company developing and commercializing products that utilize existing installed wiring for the interconnectivity, convergence and unification of Control, (IP) Internet & Energy systems allowing immediate and cost effective deployment of advanced feature-rich IP applications while simultaneously supporting & guarding existing security, reliability and robustness of current control and energy operations.

For additional information, please visit www.pcntechnology.com.

About CONNECT

CONNECT is a nonprofit organization dedicated to creating and sustaining the growth of innovative technology and life science businesses in San Diego. Since 1985, CONNECT has assisted in the formation and development of over 2,000 companies and is widely regarded as the world's most successful regional program linking inventors and entrepreneurs with the resources they need for success. CONNECT focuses on research institution support, business creation and development, entrepreneurial learning, access to capital, public policy advocacy, awards, recognition and networking. There are more than 40 organizations in 18 countries that have adopted the CONNECT model, including New York City, the UK, Sweden, Norway, Denmark, Australia and India.

For more information about CONNECT's MIP Awards, please visit: http://www.connect.org/programs/most-innovative-products-award/portfolio/.