Infrax Systems (IFXY) to Unveil Secure Metering Solution at DistribuTech Conference
November 10 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, announced today that it will unveil its Secure Network
Interface Card (SNIC) at the DistribuTech Conference and Exhibition
to be held in San Diego, California February 1-3, 2011.
The SNIC is the latest component announced for Infrax's Secure
Intelligent Energy Platform. This next generation universal host
interface board is an "under the glass" solution designed for use
in any standards-based meter (Electric, Water, Gas). Based on a
multiple processor design, the SNIC provides military grade
encryption and wireless interface modules for HAN and WAN
applications. "By retrofitting existing AMR meters with the SNIC,
utilities can leverage their existing asset, bring the
sophistication of Advanced Metering Infrastructure and protect
their investment," said John Verghese, Vice President of Product
Development for Infrax. "The AMI functionality of the SNIC, without
requiring the replacement of the existing AMR meters, provides a
significant operational and financial benefit to Utilities."
Infrax chose the DistribuTech Conference to debut the SNIC as it
is the utility industry's leading smart grid conference and
exposition, covering automation and control systems, energy
efficiency, demand response, renewable energy integration, advanced
metering, T&D system operation and reliability, power delivery
equipment and water utility technology.
"We believe that there are significant industry drivers
requiring security to be a key component of any integrated Smart
Grid platform. A platform which includes secure two way
communications, data and device management, and threat detection
will facilitate the migration to the next generation digital
distribution grid," stated Paul J. Aiello, CEO of Infrax. "Our
Secure Intelligent Energy Platform, when deployed in conjunction
with the Secure Network Interface Card (SNIC) will provide the
robust security solutions necessary to solve the problems that
electric utilities and their customers face and meet the mandates
of governments world-wide."
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