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Last $0.0003 USD
Change Today -0.0001 / -25.00%
Volume 18.4M
As of 8:10 PM 06/30/15 All times are local (Market data is delayed by at least 15 minutes).

infrax systems inc (IFXY) Snapshot

Open
$0.0003
Previous Close
$0.0004
Day High
$0.0004
Day Low
$0.0003
52 Week High
09/25/14 - $0.04
52 Week Low
06/26/15 - $0.0001
Market Cap
33.9K
Average Volume 10 Days
8.7M
EPS TTM
--
Shares Outstanding
112.9M
EX-Date
--
P/E TM
--
Dividend
--
Dividend Yield
--
Current Stock Chart for INFRAX SYSTEMS INC (IFXY)

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infrax systems inc (IFXY) Details

Infrax Systems, Inc. provides a series of interrelated operational management, communications, and grid security related products and services that enable a unified solution for communications and applications management of the smart electric power grid. It offers Secure Intelligent Energy Platform that offers utilities the ability to communicate with devices connected to the power grid. The company also provides communication devices, which include Secure Network Interface Card that resides in the utility power meter to encrypt and transport the data, such as usage, voltage, current, etc.; Grid Intrusion Management system, which offers an enhanced cyber security platform to prevent unwarranted intrusion into parts of an electric power grid; and collectors, concentrators, and repeaters. In addition, it offers GridMesh software that allows its hardware devices to securely join the network and communicate with each other; and Utility Max (UMAX) and UMAX+ wireless solutions for electric power utilities and telephone carriers to set up a point-to-point or point-to-multipoint Ethernet links. Further, the company provides distribution automation solution for two-way communications from distribution devices along the power grid to the back office or substations; and asset tracker solution for the inventory management of utility smart electric power grid assets, including meters, collectors, and concentrators, as well as substation and field deployable assets. Additionally, it offers managed services and customer support, including network design, deployment support, and program management; and professional services, such as engineering, construction, and project management services to the smaller utilities, as well as develops OptiCon network management platform. The company was formerly known as OptiCon Systems, Inc. and changed its name to Infrax Systems, Inc. in January 2010. Infrax Systems, Inc. was founded in 2004 and is headquartered in St. Petersburg, Florida.

7 Employees
Last Reported Date: 10/17/14
Founded in 2004

infrax systems inc (IFXY) Top Compensated Officers

Founder and Chairman of the Board
Total Annual Compensation: $180.0K
Compensation as of Fiscal Year 2013.

infrax systems inc (IFXY) Key Developments

Infrax Systems, Inc announced delayed 10-Q filing

On 05/13/2015, Infrax Systems, Inc announced that they will be unable to file their next 10-Q by the deadline required by the SEC.

Infrax Systems, Inc Announces the Development of Secondary Radio Embedded Smart Secure Communication Card

Infrax Systems Inc. has completed the development of a secondary radio embedded smart secure communication card known as its product SNIC (Secure Network Interface Card). This radio will allow Infrax Systems to enter the M2M (Machine to Machine) and Internet of Things (IoT) markets as well as providing Home Area Network and Demand Response interfaces for the electric Utility. The new radio is designed to be a low power 900MHz type radio which is capable of operating in several modes and provides a communications path independent to the meter data operations of the main COMMOD on the SNIC. The radio is a global standards radio, capable of operation in the 915MHz band in the U.S. as well as the 867MHz band worldwide and is specifically designed to work within the new IEEE 802.15.4g standards. Modifying the SNIC for a smaller footprint allows Infrax Systems to utilize this radio in a variety of applications in the IoT and M2M space. For outside the meter applications, the reduced size of the board, low power consumption, and hardened components makes it ideal for aggregating sensor data in hazardous areas. For the Electric Utility application, using the SNIC with the new radio will facilitate local or Home Area communications in addition to the primary metering application through the COMMOD.

Infrax Systems, Inc. Announces Management Changes

Infrax Systems, Inc. announced that effective March 02, 2015, Mr. Sam Talari has resigned as the acting CEO of the company. Concurrently, the board of directors have elected Mr. John Verghese as the new CEO of Infrax Systems, Inc., effective immediately.

 

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