Infrax Systems (IFXY) Secure Platform Aimed at Preventing Cyber Terrorism
September 30 2010 - 8:00AM
Marketwired
Infrax Systems, Inc., (OTCBB: IFXY), a global provider of unified
Smart Grid-related products and services for the Energy and Utility
industries, stated today that their Secure Intelligent Energy
Platform has been designed to prevent attacks on the global energy
grid.
Cyber espionage has surged against governments and companies
around the world in the past year, and cyber-attacks have become a
staple of conflict among states. The recent news regarding the
Stuxnet worm reinforces the need for enhancing the security of the
power grid. Last week Ralph Langner, a well-respected expert on
industrial systems security, published an analysis of the worm,
which targets Siemens software systems, and suggested that it may
have been used to sabotage Iran's Bushehr nuclear reactor.
The Infrax Secure Intelligent Energy Platform is an enhanced
Cyber Security platform which has been designed to prevent
unwarranted intrusion into any part of a network protected by the
platform. Using advanced encryption algorithms and behavioral
analysis, the platform is capable of providing suspicious or
malicious event profiling and based on custom routines, can provide
proactive threat protection.
Gen. Keith Alexander, the chief of the new U.S. Cyber Command,
told a congressional panel this week: "What concerns me the most is
destructive attacks that are coming, and we're concerned that those
are the next things that we will see." The danger, Gen. Alexander
said, is that such attacks can do damage that is difficult to
reverse and can't be fixed by blocking Internet traffic, destroying
computers and other automated devices connected to the Internet
before the government or a company can respond.
"By collecting, correlating and analyzing real time events, our
products are being designed to proactively respond to events on an
enterprise wide basis," said John Verghese, Director of Product
Development for Infrax Systems. "As cyber terrorists and the
methods they employ become increasingly more sophisticated, it
reinforces the fact that Infrax's focus on Grid Security is not
only justified, but essential."
Cyber Security and the prevention of malicious attacks is a core
component to Infrax's evolving Secure Intelligent Energy Platform,
which includes secure wireless substation backhaul components,
local communications devices and automation applications.
About Infrax Systems
Infrax Systems offers a series of interrelated operational
management, communications, and grid security related products and
services known as Secure Intelligent Energy Platform (SIEP). Our
products enable a comprehensive and unified solution for
communications and applications management of the Smart Grid. SIEP™
incorporates a wide array of communications, security, device and
data management tools for Smart Grid applications such as advanced
metering solutions and grid optimization. SIEP platform creates a
unified solution to securely manage Advanced Metering
Infrastructure (AMI) and distribution automation. Infrax's secure
smart grid platform, incorporates a communications transport and
management system, (Grid Mesh™), device and data security
management, and ultimately secures intelligent endpoint devices
(SIED). The secure management of the "last mile" backhaul will be
necessary for utilities to implement Smart Grid applications
including AMI, real-time pricing, Demand Side Management (DSM),
Distribution Monitoring and Automation. When combined, these
applications can offer economic, operational and environmental
benefits for utilities, and ultimately the utility's customers.
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: Media Contact: Infrax Systems, Inc.
investors@infraxinc.com 727-498-8514