SOURCE: INFRAX Systems, Inc.

April 28, 2010 08:29 ET

INFRAX Systems (IFXY) to Provide Last Mile Infrastructure Products

INFRAX Developing Next Generation Smart Grid Wireless Communications Technology

ST. PETERSBURG, FL--(Marketwire - April 28, 2010) -  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 they will add Smart Grid wireless and wireline infrastructure and last mile solutions to their expanding product portfolio, aimed at improving and providing next generation Transmission Automation communications.

"INFRAX will continue its development of a next generation, energy related suite of products, as well as pursue strategic acquisitions through its newly formed acquisition subsidiary," said Paul J. Aiello, CEO of INFRAX. "Our goal is to accelerate the deployment of intelligent sensors and other intelligent devices to improve the reliability and management of the transmission grid by simplifying the communications infrastructure."

According to the Energy Information Administration, or EIA, the electric utility market is one of the largest industries in North America and globally the whole industry is expected to spend close to $10 trillion by 2030. The deployment of this capital is driven by various factors facing the electric utilities industry.

John Verghese, head of Product Development for INFRAX, states, "We believe that there are significant industry drivers and a need for a cost effective integrated Smart Grid platform. A platform which includes secure two way communications, along with data and device management, will facilitate the migration to the next generation digital distribution grid." He added, "The evolution of the INFRAX product suite will provide the fundamental solutions necessary to solve the problems that electric utilities and their customers face."

Aiello added, "Now is the time to invest in the modernization of the Energy Grid and INFRAX is poised to leverage our experience in the telecommunications infrastructure sector to provide real-time, two way infrastructure solutions for the Energy industry."

About INFRAX Systems
INFRAX Systems, Inc. provides a series of interrelated operational management, communications, and energy grid related products and services which enable a comprehensive and unified solution for communications and applications management of the Smart Grid, municipal and telecommunications networks. Our Wireline, Wireless and Fiber Optics network management solutions offer proprietary state-of-the-art software, professional services and integrated systems. INFRAX Systems have been in use by companies seeking the best solution in managing their fiber and coaxial networks for the past 10 years. The company's software solutions keep track of all aspects of the physical inventory such as fiber builds, access and splice points and connected equipment, in addition to fault isolation and work order management. The scalability of the software systems permits the Company to target small to large Electric Utilities, Cable and Telecom companies on a worldwide basis. Besides the OptiCon Network Manager™ (ONMS), the company will soon offer additional products and services designed to secure and manage the power grid and alternate energy networks globally.

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