Science & Technology
Science and Technology
Science and Technology
Tue, July 6, 2010 INFRAX SYSTEMS (IFXY) Announces Next Phase of Gemini Wireless Project
ST. PETERSBURG, FL--(Marketwire - July 6, 2010) - INFRAX SYSTEMS, Inc. (
This network was designed and deployed utilizing the TMAX™ wireless broadband platform exclusive to Infrax Networks. The first phase included US$1.5 Million in equipment and infrastructure, including the initial Tier 1 towers providing the backbone of the city-wide wireless broadband network. The Initial phase was completed in May of this year. Additionally, the network has been outfitted with solar power systems designed and built by Infrax Networks providing autonomous off-the-grid power for all tower locations. This network will deliver reliable high speed internet service and low cost telephone service to the entire region which is experiencing exponential internet subscriber growth.
This initial installment of US$386,000 is part of the projected US$2.5M for the second phase deployment of the infrastructure required to complete the first of three major metropolitan markets in Nigeria that will be deployed over the next 16 months.
For the second phase of deployment, Infrax Networks will add the next tier of base stations throughout the region, including their new LTE base stations. The LTE base stations will allow their customer to expand their service offerings to include IPTV for a true "Triple-Play" service capability. The addition of IPTV represents a projected US$6 Million in equipment. The complete project will cover three of the four largest metropolitan areas in Nigeria and reach 60% of the 180 million people living there.
The estimated value of the entire Nigerian project, including CPEs (Customer Premise Equipment) is approximately US$60 million at completion.
The Nigerian network is the first of Infrax Network's new G.E.M.I.N.I. (Global Emerging Markets Intelligent Network Infrastructure) initiative. In addition to the Smart Grid related products being developed, Infrax Networks has found an attractive niche providing infrastructure in developing countries, and has established a business model that can operate successfully in these challenging environments. Infrax Networks products are uniquely qualified to create high performance IP networking infrastructure over large geographic areas in the most efficient and cost-effective manner.
The distributed wireless broadband infrastructure being deployed in Nigeria is the basis for the next generation of secure SMART-Grid utility infrastructure being developed by Infrax. The Company is also currently in discussions with numerous operators in Africa, India, the Middle East, Latin America, and rural/underserved markets in the U.S.
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, 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.
With the TMAX™ family of products brought in by the Trimax acquisition, the company now offers extremely versatile wireless IP infrastructure, by leveraging standards-based and emerging technologies. These solutions are used to build voice, streaming video and data broadband wireless networks, that allow communication service providers ("local exchange carriers" or LECs, and telephone companies or Telcos), Internet Service Providers ("ISPs") and other telecommunications, such as utilities, hospitals, hospitality companies, etc, to effectively build massive scales, outdoor, triple play networks that provide high quality/ high speed broadband, mobile and fixed phone and video services utilizing radio frequencies instead of wires. The TMAX™ product line consists of a series of base stations, wireless broadband routers and edge nodes, including customer services equipment (CPEs) that can deliver multiple applications through the same network infrastructure.
For INFRAX Systems information, contact [ Investors@Infraxinc.com ] or visit [ www.infraxinc.com ], [ www.infraxnetworks.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.
