- The Company announced a backlog of contracts of Thirty Million dollars during 2011 and beyond!
- Offers industry leading innovations and products with strong growth potential!
- Recently reported an increase in revenues and signed agreements that are anticipated to generate sales of over nine hundred thousand
- The Company is currently in merger or acquisition negotiations which management believes could be a catalyst to attain greater market share
Now, without further anticipation of this exciting leading-edge company...
My New Sub-Penny Cyber Security Play is...
*** Infrax Systems (OTCBB: IFXY) ***
Infrax Systems ("IFXY") is a security and networking "pure play" offering a series of interrelated operational management, communications and Grid Security related products and services known as Secure Intelligent Energy Platform (SIEP).
Let me explain.
Like the Internet does today, utility networks need to able to connect billions of devices and still operate in a reliable and secure grid.
That's right. BILLIONS!
And to maintain the highest ability to safeguard the nation’s energy from utility companies worldwide, a technological security platform is required... and IFXY is positioned to generate substantial market share within this growing segment.
As a testimonial to the need for IFXY's product and technology portfolio, a report issued in August 2010 by Pike Research stated “... with all information technologies introduced in the past 50 years, cyber security was at first overlooked in the rush to create a working device. Now, utilities, governments, systems integrators, device manufacturers, and nearly everyone else involved realize that smart meters and their surrounding networks can be attacked, and that cyber security measures are necessary to protect the meters and their environment."
This could be a tremendously lucrative market... and here is where IFXY comes into play.
The "IFXY Solution"
IFXY's vision of a "SECURE GRID" is one that fully utilizes collective innovations designed to bring an industry that is positioned to witness explosive growth over the next ten years.
And, IFXY's "SECURE GRID" is considered to be a generation ahead of the two-way communications goal of the current "SMART GRID" utilized today.
The core technology is an encrtypted intelligent card that can be deployed in existing systems to provide secure two way communications for encrypted secure data and communications.
I'll be discussing more about IFXY and its favorable fundamental and technical factors shortly.
But first, read the fantastic news about IFXY's MAJOR ACQUISITION:
INFRAX Systems (IFXY) to Buy Broadband Holdings and Affiliated Entities
Infrax Continues Drive to Become Global Market Leader in Smart Grid and Wireless Broadband Markets
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 an agreement to acquire Broadband Holdings, Inc., and affiliate companies including Broadband Specialists, Inc., a privately-held, full-service engineering, and design firm.
BSI has recently been awarded contracts by
- The State of Texas
- AT&T
- Time Warner Cable
- As well as significant wind farm and rural fiber to the home (FTTH) initiatives
The BSI technical team's multi-disciplined expertise will augment Infrax's technical capabilities. Management of the combined Companies will include executives and Board members from both organizations.
- Broadband Specialists' 2009 revenues exceeded Eight Million Dollars, with forecasted 2010 broadband and alternative energy design and construction revenues expected to substantially exceed 2009 revenues, on a standalone basis.
- Has an over Thirty Million Dollars backlog of committed infrastructure contracts for 2011 and beyond. Infrax anticipates significant revenue growth as a result of adding BSI's design and installation capabilities to our Secure Intelligent Energy Platform.
BSI has installed fiber to over 300 wireless towers in the past few years in support of 4G roll outs."
How does this acquisition affect Infrax Systems and what it means to our shareholders?
Revenues -- BSI's acquisition will add an estimated, thirty million dollars in revenue to Infrax systems' topline revenue over the next two years, which does not includes the Smart Grid and the Wireless Broadband revenue contributions.
Shareholder Equity -- BSI's acquisition will add, an estimated, six million dollars in shareholder equity to our balance sheet at closing, subject to the final review of our accounting firm.
Human Resources -- BSI's acquisition will add fifty-five employees to our current staff of 12.
Product Offerings -- With BSI, Infrax can truly offer end to end solutions to our utility customers including secure wireless and fiber deployments for metering, demand response, distributed power generation systems and distribution automation applications.
Broader Revenue Opportunities -- This acquisition will allow combined Companies to target revenue opportunities upgrading America's aging infrastructure. The market for BSI's services can be compared to the original build outs of the electrical grid, telephone systems and the networks of interstate highways in the 1950's and 1960's. America's existing electrical, gas and water lines are aging. According to the Energy Information Administration, or "EIA", the electric utility market is one of the largest industries in North America. Globally the industry is expected to spend close to ten trillion dollars by 2030 to upgrade and effectuate Smart Grid technologies. In the U.S., the Federal Government forecasts that the total amount of private and public funds that will be invested in smart grid projects through a stimulus program will be over eight billion dollars.
"The combination of Infrax and BSI should create a force in the Utility Infrastructure and Smart Grid market, as the two companies build on their existing relationships and capabilities. They will be incredibly well positioned to take advantage of the pent up demand for upgrading America's communications, utility and transportation infrastructure, which together are receiving hundreds of billions of stimulus funding from the federal government over the next several years. This transaction is one more step in a series of transactions that should position Infrax as a market leading provider of one-stop shop Smart Grid and Broadband Solutions in the U.S. and abroad."
The acquisition is expected to close within 60 days after the completion of due diligence. Additional financial details of the transaction will be disclosed with the completion of the acquisition or when available.
About Broadband Specialists, Inc.
Broadband Specialists Inc. (BSI) is a minority owned, privately held, full service Telecommunications Industry construction firm, with our corporate offices located in the Dallas/Ft. Worth Metroplex, the nation's 4th largest market. Since our founding in 1992, BSI has provided aerial and underground cabling and technical services to telephone, cable and broadband service providers in rural and urban markets in 12 States. Operating as Locke Electronics from 1978 to 1992, BSI provided the same services in Indiana, Ohio, Kentucky, New York, Florida, Tennessee and Texas. BSI specializes in the design, construction, splicing, activation, testing and maintenance of Hybrid Fiber-Coaxial (HFC) Systems, Fiber to the Home (FTTH) construction, middle mile and long haul Fiber Optics Networks.
BSI is skilled in the design and deployment of voice, data and video networks, specializing in the outside plant construction. In addition, BSI has designed and installed the electrical and data monitoring network for several alternative energy and wind farm networks in Texas and Oklahoma. BSI believes in the future of smart grid technology and the deployments of smart grid distribution automation (DA) and automated metering infrastructure (AMI). BSI provides consulting services such as telemedicine, distance learning, network architecture, NG911, construction, public and government relations, project management and job costing. BSI will offer a turnkey solution, or a-la-carte construction and technical services from the network design phase through proof of performance and system certification. BSI offer permitting, right of way acquisition, locating, auditing and other support related services.
To read the press release in full unedited format, please visit: http://finance.yahoo.com/news/INFRAX-Systems-IFXY-to-Buy-iw-3498303410.html?x=0&.v=1
PRODUCTS
HOW WE ARE SECURING THE WORLD BY SECURING THE SMART GRID
INFRAX SYSTEMS creates a unified solution path to securely implement and manage Advanced Metering Infrastructure (AMI) and other Smart Grid optimization applications such as substation automation. Our product portfolio provides: 1) Network Transport and Management (secure 2 way communications), 2) Secure Smart Endpoint Devices (Smart Meters), and 3) Threat Detection, Grid Optimization and Security, all in an integrated state-of-the-art Smart Grid solution that truly provides our customers with an end to end grid management capability.
Infrax Systems is a leading innovator in the areas of:
- Smart Grid Energy Products
- Wireless Broadband Communications Platforms
- Security Technologies
Our products enable a comprehensive and unified solution for security, communications, and applications management for:
- Utility Companies
- Network Operators
- ISP’s
- Integrators
- Government
- Military
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