Infrax Systems Inc (IFXY)

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Infrax Systems Inc. (IFXY), a global provider of Internet of Things and Smart Grid Technologies for the electric utility and agricultural industries, announces the following important updates on its business activities relating to its acquisition of HempTech and its Smart Grid related project;

1) Agreements: This week HempTech signed an agreement with Surna. This is a sales affiliate agreement that allows the Company to purchase their products at wholesale pricing to our customers or get a commission if the Company refers customers to them. We plan to use Surna chillers and air-conditioning units for all our indoor builds. We will also be integrating their controls into our SmartNergy platform.
2) Marketing: We have identified a conference – Marijuana Business Conference and Expo, one of the oldest and largest national cannabis tradeshow. This year the expo is being help in Chicago from May 19th through the 21st. We plan on attending as an attendee to scope out the conference if this is something we want to take a booth at the next event.

3) Brochures, Website: All product brochures have been completed and is being populated on our website for HempTech and Infrax. Infrax will be making substantial marketing efforts on behalf of HempTech which will include ads in multipole industry magazines and newsletters.

4) Project Dolphin: Infrax has officially kicked off the Dolphin project. This is an Infrax project to repurpose the HIB card for the Demand Response sector of Smart Grid. The first phase of the project is the Discovery Phase in which we will ascertain the size of the market, cost points and any barriers to entry. More details of the project will become available as we move forward with specific deliverables over the course of the next two weeks. This is the first venture of repurposing our HIB for an Internet of Things application.

5) ANSI Testing: We have heard back from Itron and they have agreed to give us two samples of 1s and 2s meters with and without disconnects for a total of 8 meters. Infrax will be utilizing MetLab for the ANSI certifications using the meters provided by Itron.