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[October 09, 2013]
Infrax Systems (IFXY) Completes Development of its Flagship Product
(GlobeNewswire Via Acquire Media NewsEdge) St. Petersburg, FL, Oct. 9, 2013 (GLOBE NEWSWIRE) -- Infrax Systems, Inc., (OTCBB: IFXY), a global provider of unified Smart Grid-related products and services for the Energy and Utility industries, has just completed the development of their flagship product, Secure Network Interface Card (SNIC). While the card is designed for the Itron Centron II family of Smart meters, its unique architecture allows it to be easily adapted to accommodate meters from any other manufacturers in the future. The dual card platform contains enhanced security to ensure data transmitted to and from the meter is totally secure. The Next generation GRIDMeshTM communication network operates in the 2.4 GHz frequency band. The patented network stack and segmented LAN architecture provides greater bandwidth, multi-layered security and enhanced reliability from meter to the central office (head end).
The SNIC module is being tested in several lab trials as it is prepared for ANSI lab and FCC certifications. Final development of the other GRIDMeshTM communication platform units will take place in parallel to the certification process of the SNIC module. Itron certification process will follow the ANSI certification. We expect the production and sales/marketing of our flagship product will start first quarter of 2014.
The SNIC is the cornerstone product for the next generation (Smart Grid II) AMI/Smart Grid network which provides enhanced security, high bandwidth and reliability through a multi-layered, segmented LAN architecture that is intuitive and user friendly.
Smart Grid II is security, bandwidth, intelligence, riding over a network that is adaptive, reliable and resilient.
More detail on our business and new events will be announced with the release of our "CEO Letter 2013" shortly.
About Infrax SystemsInfrax Systems manufactures and offers a series of Smart Grid and grid security related products and services for the electric utility industry.
Infrax System's Secure Intelligent Energy Platform (SIEP). SIEP™ incorporates the communications, security, device and data management tools for next generation Smart Grid applications such as Advanced Metering Infrastructure solutions, Distribution Automation and Intelligent Grid applications. Infrax Systems Platform provides enhanced solutions and intuitive network technologies from our customer data centers to their customers' homes. Infrax System's Secure Smart Grid Platform incorporates a communications transport and management system, (GRIDMesh™), with device and data security management, (SIED) and ultimately secures intelligent endpoint devices .
For INFRAX Systems information, contact Investors@Infraxinc.com or visit www.infraxinc.com.
Forward-Looking Statements This press release may contain forward-looking statements covered within the meaning of the Private Securities Litigation Reform Act of 1995. These forward-looking statements relate to, among other things, plans and timing for the introduction or enhancement of our services and products, statements about future market conditions, supply and demand conditions, and other expectations, intentions and plans contained in this press release that are not historical fact and involve risks and uncertainties. Our expectations regarding future revenues depend upon our ability to develop and supply products and services that we may not produce today and that meet defined specifications. When used in this press release, the words "plan," "expect," "believe," and similar expressions generally identify forward-looking statements. These statements reflect our current expectations. They are subject to a number of risks and uncertainties, including, but not limited to, changes in technology and changes in pervasive markets.
CONTACT: Contact: Contact: Media Contact: Infrax Systems, Inc.
firstname.lastname@example.org 727-498-8514 Source: Infrax Systems, Inc.
2013 GlobeNewswire, Inc.
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