Science & Technology
Science and Technology
Science and Technology
Thu, November 12, 2009
First International Subsidiary Announced by OptiCon Board
ST. PETERSBURG, FL--(Marketwire - November 12, 2009) - OptiCon Systems, Inc. (
"We believe it is in the best interest of the corporation to expand our current position in South Africa by formalizing our market presence as 'INFRAX Systems SA.' This commitment further reflects our strategic growth into the international infrastructure arena," said Malcolm F. Welch, Chairman of the Board. OptiCon Systems' name change to INFRAX Systems, Inc. was previously announced and will be effective upon approval of the State of Nevada.
"Municipalities throughout South Africa are investing in their infrastructure and require the GIS-based fault location, provisioning tools, and OSS functionality of the OptiCon Network Manager. The South African Telecom vertical market is an optimum point of entry for expansion throughout the continent," commented Paul Aiello, OptiCon's CEO.
"We are negotiating strategic relationships with leading service providers and alternate channels of distribution in the Johannesburg and Capetown municipalities, and will be establishing incremental representation throughout South Africa over the next year," stated Tessa Lander, EVP and Chief Operating Officer of OptiCon. "The profile of our partners include full-service providers of network installation, monitoring and ongoing support in a Virtual LAN to WAN integration architecture. Their Network Operating Centers deliver outsourced management for anchor institutions, eliminating redundant overhead and expertise requirements."
About OptiCon Systems
OptiCon Systems, Inc., through its subsidiary, provides Wireline, Wireless and fiber optics network management solutions offering proprietary state-of-the-art software, professional services and integrated systems. OptiCon Systems have been in use by companies seeking the best solution in managing their networks for the past 10 years. The company's software solutions automate all aspects of the physical and logical layer management, fault detection and delivery of information. The scalability of the software systems permits the Company to target large communications and telecom companies servicing millions of global customers to medium-sized companies managing a single facility. Besides OptiCon Network Manager (ONMS), the company will soon offer PowerCon Energy Systems (PES) that is designed to manage large power networks and facilities for power and alternative energy companies globally. The PES/ONMS isolates (power/fiber) cable cuts, breaks, and faults, and service degradation and other power and optical events to within plus or minus five feet of the event, and produces a global positioning system location for the outage to an approximate five foot section of cable.
For more information, please visit [ www.opticonsystemsinc.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.
