Infrax Systems (IFXY) will Extend its Platform to the Home
(GlobeNewswire Via Acquire Media NewsEdge) St. Petersburg, FL, Jan. 21, 2014 (GLOBE NEWSWIRE) -- Infrax Systems, Inc., (OTC.BB: IFXY), a global provider of
Internet of Things for the Energy and Utility industries, announces
today that it will extend its flagship platform to the Home
by developing innovative and state-of-the-art "secure" gateways for
home energy management. The secure gateways will incorporate the
Company's proprietary Secure Network Interface Card (SNIC) in its
backbone architecture design. The secure gateways will allow
seamless integration with existing Home networks through its secure
Universal Integration Platform (UIP) architecture.
The Internet of Things is expected to be a $14.4 trillion
opportunity over the next decade for companies that participate in
it, according to a Cisco presentation from June 2013. This is a
substantial opportunity for companies like Infrax Systems.
The push for the connected home is clearly coming. Several
companies announced Internet-capable products at CES, including a
refrigerator, oven, washer and dryer.
But this initial push into the Home has come at a great cost;
security vulnerability. According to BBC News;
A fridge has been discovered sending out spam after a web attack
managed to compromise smart gadgets. The fridge was one of more
than 100,000 devices used to take part in the spam campaign.
Uncovered by security firms, the attack compromised computers, home
routers, media PCs and smart TV sets. The attack is believed to be
one of the first to exploit the lax security on devices that are
part of the "internet of things". With poor protection, the
spam attack took place between 23 December 2013 and 6 January this
year. In total about 750,000 messages were sent as part of
the junk mail campaign. The emails were routed through the
compromised gadgets. Home automation's essential feature is
hardened security which is absent in most smart Home devices.
Home automation market and energy management fits clearly in the
Smart Grid ecosystem and Infrax Systems is poised to enter the
Internet of Things growing space. Our flagship platform with its
built-in security features will ensure a solid implementation of
the Internet of Things for the Home but without the security
The SNIC is the cornerstone product for the next generation
(Smart Grid II) AMI/Smart Grid network which provides enhanced
security, high bandwidth and reliability through a multi-layered,
segmented LAN architecture that is intuitive and user friendly.
Smart Grid II is security, bandwidth, intelligence, riding over a
network that is adaptive, reliable and resilient.
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, (GridMesh™), 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.
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.
Infrax Systems, Inc.
Source: Infrax Systems, Inc.
2014 GlobeNewswire, Inc.
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