Infrax Systems (IFXY) to Unveil Secure Metering Solution at DistribuTech Conference

Revolutionary Under Glass Solution to Provide Secure Encrypted Data Collection and Transmission for AMI and AMR Meters

ST. PETERSBURG, FL — (Marketwire) — 11/10/10 — Infrax Systems, Inc., 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

Source: Marketwire (November 10, 2010 – 8:00 AM EST)

Twitter StumbleUpon Facebook LinkedIn Technorati Favorites Yahoo Buzz Delicious Digg Fark Google Buzz NewsVine Netvibes Share PrintFriendly Google Gmail MySpace Blogger Post AOL Mail Yahoo Bookmarks Windows Live Spaces WordPress Yahoo Mail Share

Related posts

Market News and Data brought to you by Benzinga APIs
Comments
Loading...
Posted In:
Benzinga simplifies the market for smarter investing

Trade confidently with insights and alerts from analyst ratings, free reports and breaking news that affects the stocks you care about.

Join Now: Free!