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
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.
Infrax Systems, Inc.
Source: Infrax Systems, Inc.
2013 GlobeNewswire, Inc.
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