INFRAX Systems (IFXY) Announce Next G.E.M.I.N.I. Project
November 02 2010 - 8:00AM
Marketwired
INFRAX SYSTEMS, Inc. (OTCBB: IFXY), a global provider of
interrelated operational management, and communications-related
products and services for the Telecommunications and Energy
industry, today announced that their Infrax Networks Business Unit
has received a large purchase order from another African ISP for a
network deployment in Ghana.
This network was designed and deployed utilizing the TMAX™
wireless broadband platform exclusive to Infrax. This first phase
includes over US $750,000 in equipment and infrastructure,
including both base stations and customer premise devices. This
network, which has also been outfitted with our G.E.M.I.N.I. Solar
solutions for reliable, autonomous, power to each base station,
will be used to deliver high speed internet service and low cost
telephone service to the entire region.
This network adds to Infrax's G.E.M.I.N.I. (Global Emerging
Markets Intelligent Network Infrastructure) initiative success. In
addition to the Smart Grid related products being developed by
Infrax, the Company has found an attractive niche in "connecting
the unconnected" in developing countries, and has established a
business model that can operate successfully in these challenging
environments. Infrax Network's products are uniquely qualified to
create high performance IP networking infrastructure over large
geographic areas in the most efficient and cost effective
manner.
The Company is currently in discussions with numerous other
operators in Africa, India, the Middle East, Latin America, and
rural/underserved markets in the U.S. for additional contracts
which have the potential to substantially augment the scope and
scale of Infrax's broadband equipment business over the coming
year.
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