FROM TIMELY FILING: in addition to the ICOs going on!! "While we continue to enhance the OptiCon Network Management platform, the Company has shifted its focus and energies towards
the “Smart Grid” energy sector. The Company believes our secure integrated platform will hasten the deployment of all Smart Grid
technology for resource constrained small and mid-sized utilities. Infrax’s advantage comes from our products ability to enable the
creation of a secure platform scalable to deliver a broad set of intelligent Smart Grid initiatives across millions of endpoints for
Utilities.
INFRAX market opportunity exists in one of the largest industries in the world. Globally, according to the International Energy
Agency (IEA), this industry is expected to spend close to $10 trillion dollars by 2030 to upgrade electrical infrastructure. Technology
innovations in power delivery have been fermenting for years, but only now is the confluence of physical need and social expectations
creating an environment in which real and sustained monetary commitments are being made to create a “Smart Grid” built on
information-based devices, digital communication and advanced analytics. Networking giant Cisco has estimated that the market for
smart grid communications will grow into a $20 billion-a-year opportunity as the infrastructure is built out over the next five years.
Researchers at Specialists in Business Information (SBI) forecast the market will grow to $17 billion-per-year by 2014 from today’s
$6 billion. Globally, SBI expects the market for smart grid technologies to grow to about $171 by 2014 up from approximately $70
billion in 2009."
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