Phonex Corporation designs, manufactures and markets technologies that transmit telephone, data, audio and video reliably over electrical wiring. The set of technologies offered by Phonex are highly proprietary and offer the solution of installing technology without adding new wires. Phonex chipsets are in more than 10 million nodes throughout the world, making it one of the undisputed leaders in sophisticated home networking solutions over the electrical wiring grid of buildings. In 2003, Phonex introduced a major breakthrough with ReadyWire, a revolutionary powerline technology that provides streaming for audio, Internet video and home automation. Phonex Corporation has an office in Midvale, Utah.