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Hmmm.. a collapse might be on the extreme side. Someone bid whacked NVSR with 1,900 shares. LOL
The L2 is looking good on both sides. Thanks for pointing it out.
Jeff...Thanks for the technical incite. As always, very good info from you.
Very nice, she did a GREAT job. Wonder if NVSR might consider using it in their sales pitch??
We have a strong cool front moving in today. Today's high 73 tomorrow 45. Nobody will be playing golf with strong winds and cool down tomorrow. GO FEEL!
Nice golfing here... Expected high 73 degrees.
I agree. It is my opinion and only my opinion they went public way too soon. Now that things are in motion, this investment is going to be huge!
Very nice ASK smacks.
You forgot one other.. WAY UNDERVALUED!!!!!
This is great news for NVSR.
Looking forward to it.
NITE getting aggressive, on BID at .007.
1MM at .0071 and (2) at .0074. Then it'll be .008's in the gate. GO IFXY!
It’s starting to look like that will be in the cards, my friend. GO IFXY!
All sorts of things coming out of the woodwork. I wonder what’s next???? GO IFXY!!!!
Not sure if anyone saw the 8-K out on Jan 7, 2011.
http://www.otcmarkets.com/edgar/GetFilingPdf?FilingID=7646934
The 10Q is due out by mid Feb.
Market Wire - INFRAX SYSTEMS (IFXY) to Purchase Controlling Interest in RFID Integration Pioneer, Lockwood Technology
Date : 02/01/2011 @ 8:00AM
Source : MarketWire
Stock : Infrax Systems, Inc. (IFXY)
Today : Tuesday 1 February 2011
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 controlling interest in Lockwood Technology Corporation, a leading integrator of RFID-based software and hardware solutions for asset management, from Daedalus Capital, LLC.
Under the terms of the agreement, Infrax systems will acquire 70% interest in Lockwood Technology from Daedalus Capital in a stock-based transaction valued at $1,650,000. As part of the transaction, Daedalus Capital will also provide additional working capital to Infrax and fund current development activities of Lockwood. Infrax will continue to support Lockwood Technology's customer base and utilize their expertise in future smart grid deployment projects.
The Lockwood technical team has a 16-year track record of developing and implementing comprehensive asset tracking, information management and security solutions for public and private organizations. Lockwood has deployed solutions for a variety of government agencies, including the US Department for Homeland Security, the Air Force Office of Scientific Research, the US Army and the US House of Representatives.
"The addition of RFID and real-time location systems technology to Infrax's Secure Intelligent Energy Platform will enhance our security offerings to Utilities and Municipalities. Controlling access to facilities and tracking materials in the warehouse or maintenance vehicles is a critical component of securing the energy grid," said Paul J. Aiello, CEO of Infrax. "The deployment of Lockwood's solutions, especially its SmartTracker software for mobile workforce applications and its EventManager software for automatic event detection and incident reporting, will be of significant benefit to our customers."
Infrax plans to incorporate Lockwood's RFID-based tracking solutions into its complete product portfolio and to continue to expand the company's integration partner and affiliate programs. Lockwood's current integration partners include Microsoft, Motorola, Lockheed Martin, General Dynamics and GovPlace.
"Lockwood Technology will also allow INFRAX to expand our current GRID data collection to include a robust backend processing component in a hosted environment," Mr. Aiello also states. "From the beginning Infrax set out to become an end-to-end solution particularly for the Utility industry. By adding BSI's installation footprint and Lockwood's real time asset tracking and automation software we are on track to achieve this goal."
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.
How this acquisition affects Infrax Systems and what it means to our shareholders
Shareholder Equity -- Lockwood's acquisition will add an estimated $1.6M in shareholder equity to our balance sheet at closing, subject to the final accounting review.
Product Offerings -- RFID is the wave of the future. It is an effective replacement technology for simple barcodes because no line of sight is required and RFID tags can be read both automatically and simultaneously with no manual labor required. The potential implementation for this technology is endless. The addition of RFID technology to Infrax's Secure Intelligent Energy Platform will enhance our security offerings to utilities and municipalities. Controlling access to facilities and tracking materials in the warehouse or maintenance vehicles is a critical component of securing the energy grid.
About Lockwood Technology Corporation
Since 1994 Lockwood Technology has focused on developing world class asset tracking software and asset tracking services. Our development teams have built efficient integrated systems for clients worldwide. Our client base includes entities from many vertical markets including finance, healthcare, hospitality, manufacturing, transportation, law enforcement, education, federal government, public sector, legal, telecommunications and insurance. Fortune 500 companies throughout the world choose Lockwood as the solution that fits their needs. Our affiliate program extends throughout the United States, Canada, Europe, Asia and the Pacific Rim. Our asset tracking and management software easily tracks assets using barcoding, RFID, imaging and wireless technologies. Our Large Enterprise Edition is a client/server, multi-user, menu-driven asset database manager that runs on MS Windows XP, Vista and Windows 7 operating system, utilize SQL Server 2005 and 2008 and can track virtually anything.
Lockwood also offers a complete line of mobile information systems products that are compatible with Windows Mobile and feature barcoding, RFID, biometric, imaging and wireless technologies. Lockwood products are offered for licensed in-house use or as a hosted (SaaS) solution.
For Lockwood Technology information, visit www.lockwoodtechnology.com.
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. SIEPâ„¢ 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, (Grid Meshâ„¢), 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.
For INFRAX Systems information, contact Investors@Infraxinc.com or visit www.infraxinc.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.
Contact:
Media Contact:
Infrax Systems, Inc.
investors@infraxinc.com
727-498-8514
Market Wire - INFRAX SYSTEMS (IFXY) to Purchase Controlling Interest in RFID Integration Pioneer, Lockwood Technology
Date : 02/01/2011 @ 8:00AM
Source : MarketWire
Stock : Infrax Systems, Inc. (IFXY)
Today : Tuesday 1 February 2011
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 controlling interest in Lockwood Technology Corporation, a leading integrator of RFID-based software and hardware solutions for asset management, from Daedalus Capital, LLC.
Under the terms of the agreement, Infrax systems will acquire 70% interest in Lockwood Technology from Daedalus Capital in a stock-based transaction valued at $1,650,000. As part of the transaction, Daedalus Capital will also provide additional working capital to Infrax and fund current development activities of Lockwood. Infrax will continue to support Lockwood Technology's customer base and utilize their expertise in future smart grid deployment projects.
The Lockwood technical team has a 16-year track record of developing and implementing comprehensive asset tracking, information management and security solutions for public and private organizations. Lockwood has deployed solutions for a variety of government agencies, including the US Department for Homeland Security, the Air Force Office of Scientific Research, the US Army and the US House of Representatives.
"The addition of RFID and real-time location systems technology to Infrax's Secure Intelligent Energy Platform will enhance our security offerings to Utilities and Municipalities. Controlling access to facilities and tracking materials in the warehouse or maintenance vehicles is a critical component of securing the energy grid," said Paul J. Aiello, CEO of Infrax. "The deployment of Lockwood's solutions, especially its SmartTracker software for mobile workforce applications and its EventManager software for automatic event detection and incident reporting, will be of significant benefit to our customers."
Infrax plans to incorporate Lockwood's RFID-based tracking solutions into its complete product portfolio and to continue to expand the company's integration partner and affiliate programs. Lockwood's current integration partners include Microsoft, Motorola, Lockheed Martin, General Dynamics and GovPlace.
"Lockwood Technology will also allow INFRAX to expand our current GRID data collection to include a robust backend processing component in a hosted environment," Mr. Aiello also states. "From the beginning Infrax set out to become an end-to-end solution particularly for the Utility industry. By adding BSI's installation footprint and Lockwood's real time asset tracking and automation software we are on track to achieve this goal."
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.
How this acquisition affects Infrax Systems and what it means to our shareholders
Shareholder Equity -- Lockwood's acquisition will add an estimated $1.6M in shareholder equity to our balance sheet at closing, subject to the final accounting review.
Product Offerings -- RFID is the wave of the future. It is an effective replacement technology for simple barcodes because no line of sight is required and RFID tags can be read both automatically and simultaneously with no manual labor required. The potential implementation for this technology is endless. The addition of RFID technology to Infrax's Secure Intelligent Energy Platform will enhance our security offerings to utilities and municipalities. Controlling access to facilities and tracking materials in the warehouse or maintenance vehicles is a critical component of securing the energy grid.
About Lockwood Technology Corporation
Since 1994 Lockwood Technology has focused on developing world class asset tracking software and asset tracking services. Our development teams have built efficient integrated systems for clients worldwide. Our client base includes entities from many vertical markets including finance, healthcare, hospitality, manufacturing, transportation, law enforcement, education, federal government, public sector, legal, telecommunications and insurance. Fortune 500 companies throughout the world choose Lockwood as the solution that fits their needs. Our affiliate program extends throughout the United States, Canada, Europe, Asia and the Pacific Rim. Our asset tracking and management software easily tracks assets using barcoding, RFID, imaging and wireless technologies. Our Large Enterprise Edition is a client/server, multi-user, menu-driven asset database manager that runs on MS Windows XP, Vista and Windows 7 operating system, utilize SQL Server 2005 and 2008 and can track virtually anything.
Lockwood also offers a complete line of mobile information systems products that are compatible with Windows Mobile and feature barcoding, RFID, biometric, imaging and wireless technologies. Lockwood products are offered for licensed in-house use or as a hosted (SaaS) solution.
For Lockwood Technology information, visit www.lockwoodtechnology.com.
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. SIEPâ„¢ 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, (Grid Meshâ„¢), 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.
For INFRAX Systems information, contact Investors@Infraxinc.com or visit www.infraxinc.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.
Contact:
Media Contact:
Infrax Systems, Inc.
investors@infraxinc.com
727-498-8514
Smit Dog.. This is my interpretation of that statement. The 30M shares are being held in escrow as collateral on the convertible debenture, once the note is completed they will be retired.
Looking for much better days ahead... PUMP UP THE VOLUME.. GO FEEL!
Which ones Sheezy?
Looking very good today! We even picked up a few boardmarks (now at 193). GO FEEL!
It won't do any good trying to figure it out. I see it as being somewhat comical, because they get away with it. Our day will come, my friend… It will come. GO IFXY!
Not sure, what to think of it.
CSTI just dropped his BID to .0025.
As you requested... I can FEEL it.
There is no news or info…sorry did not mean to be portrayed that way. I wanted everyone to know that our little MM friend (CSTI) is an institutional MM. CSTI has been buying up a lot of FEEL shares. You never know might be watching or sitting on the sidelines and might not know.
Institutional MM (CSTI) buying FEEL!
http://www.collins-stewart.com/index.asp
PR. The daily/weekly ups and downs don't bother me. It gives me chances to BUY more. They have so many things in the works, these PPS levels won't be around much longer. I've always considered my buys as a long term investment.
Based on a few responses that I received that it has to be 80-90% locked. IMO
Me too. GO IFXY!
I know you do my friend. We are holding for MUCH, MUCH higher levels.
I am curious... HOW much of the float is held by longs.
trust me... a have a lot more than a pound of IFXY!. LOL
PR...I am thinking we'll see a penny next week. If not, very close to it IMO.
Welcome aboard. The current PPS is WAY undervalued at these levels. Lots of things on tap for IFXY in the upcoming day/weeks. Hold on tight!
I am not going anywhere... HOLDING very tight. GO IFXY!
IFXY - BID .0065/ ASK .007 (Last sale .0071)
Looking very good 71. Nice slow steady climb. Added more to the kitty today. These PPS levels won't be around much longer. IMO.
Yep... anything under .10 (10 cents) is a bargain. IMO