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IFXY Infrax Systems Inc (PK)

0.00055
0.00 (0.00%)
31 Jul 2024 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Type
Infrax Systems Inc (PK) USOTC:IFXY OTCMarkets Common Stock
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  0.00 0.00% 0.00055 0.0005 0.0006 0.00 13:04:17

Infrax Systems (IFXY) Executes Teaming Agreement with AwiaTech to Incorporate Advanced Wireless Industrial Automation Capabil...

15/12/2011 2:45pm

PR Newswire (US)


Infrax Systems (PK) (USOTC:IFXY)
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ST. PETERSBURG, Fla., Dec. 15, 2011 /PRNewswire/ --  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 has entered into a Teaming Agreement with AwiaTech corporation to jointly develop and deploy advanced wireless capabilities for Automation applications for the Smart Grid. Future development and deployment may include wireless sensors, transformer and relay communications and load management. China and Asia are among the emerging markets targeted through the Teaming Agreement.

"We are pleased to have entered into a teaming arrangement with AwiaTech.  They have assembled one of the top research teams in the wireless automation field and their products and expertise will be of a great benefit to Infrax as we add Distribution Automation applications to our Smart Grid portfolio" said Paul Aiello, CEO of Infrax Systems.

"Reliability and security are critical to both traditional industrial automation and distribution automation," said Dr. Alex Feng, CEO of AwiaTech. "We are excited to team up with Infrax so that with Infrax's domain expertise, the energy and utility industry now has their top concerns addressed and can now fully enjoy the benefits of  Wireless Sensor Networks. This collaboration will also enable us to serve emerging markets with strong needs in distribution automation such as China, where AwiaTech has already established a strong presence."

AwiaTech, based in Austin, Texas is a leader in the development of industrial automation technology based on WirelessHART.  AwiaTech has developed the most standard conforming network stack for WirelessHART applications available. AwiaTech's product line includes the wireless stack, gateway and management solutions.  WirelessHART is a wireless mesh network communications protocol for process automation applications. It adds wireless capabilities to the HART Protocol while maintaining compatibility with existing HART devices, commands, and tools.

Each WirelessHART network includes three main elements:

  • Wireless field devices connected to process or plant equipment. This device could be a device with WirelessHART built in or an existing installed HART-enabled device with a WirelessHART adapter attached to it.
  • Gateways enable communication between these devices and host applications connected to a high-speed backbone or other existing plant communications network.
  • A Network Manager is responsible for configuring the network, scheduling communications between devices, managing message routes, and monitoring network health. The Network Manager can be integrated into the gateway, host application, or process automation controller.

 

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.

About AwiaTech Corporation



AwiaTech (Advancing Wireless Industrial Automation Technology) corporation was founded by Dr. Aloysious Mok, an internationally renowned expert in real-time systems and Quincy Lee Centennial Professor in Computer Science at the University of Texas at Austin.

Dr. Mok and his research group began conducting groundbreaking research on wireless process automation as early as 1998, and have continued to be one of the top research teams in the world. In 2006, Dr. Mok and his research team started working on WirelessHART technology, and built the most standard conforming network stack. Committed to promoting wireless technology for industrial automation, Dr. Mok founded AwiaTech in 2008. AwiaTech's recent work includes helping HART Communication Foundation develop HCF_KIT-193 (Wi-HTest), the test suite for WirelessHART registration, and collaborating with a Fortune 500 company on their WirelessHART product development. Dr. Mok is also the co-author of the first book on WirelessHART technology—"WirelessHART™ – Real-Time Mesh Network for Industrial Automation"



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:

Contact:

Media Contact:

Infrax Systems, Inc.

investors@infraxinc.com

727-498-8514

SOURCE Infrax Systems, Inc.

Copyright 2011 PR Newswire

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