GM all---I'm sure bits and pieces have been posted before---but I found this last night. Hope it's not too lengthy! IFXY!
Infrax Systems Inc.
(OTCBB: IFXY)
For complete profile, CLICK HERE.
"With the acquisition of Trimax and the ongoing growth of Infrax, revenues for the year ending June 30, 2010 increased by an amazing 10,000%."
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IFXY Profile
Terrorism. There is probably not any word that can invoke more fear in a population. Everyone understands the threat of terrorist actions in our world today. The history of it goes back centuries and is well documented although there is a constant debate over a true definition of the word. A glaring example of physical terrorism was September 11, 2001. The date when one of the most violent acts of terrorism on the United States occurred as 19 men affiliated with al-Qaeda hijacked four commercial airlines and crashed them into the World Trade Center (“Twin Towers”) in New York City and the Pentagon in Washington D.C killing nearly 3,000 people and completely destroying the towers.
Over the last thirty years, the continually evolving world of computer technologies has brought about the concept of cyberterrorism. Although an exact definition may be squabbled over, the importance of security to protect against cyberterrorists is not. Examples are hacking into computer systems (which Timothy McVeigh did to a government system on his Commodore 64), introducing viruses to vulnerable networks, website defacing, denial-of-service attacks, or terroristic threats made via electronic communication with the motivation of the furthering one’s agenda. Because of the expansiveness and interconnectivity of the web, mobile platforms and network systems, the realm of cyberterrorism is virtually endless.
The money that is spent each year to defend against terrorists in all forms is proof enough as to how serious this issue has become. In 2009, the government alone budgeted $2.7 billion dollars for counter terrorism.
Every terrorist needs an “in” to begin taking action. In the case of cyberterrorists, an ideal location is through any massive interconnected system. Electrical grid systems flow information to billions of people every day and are a prime entry point. The world of mobile communications has also opened up a whole new target for infiltration.
Electricity is one of the basic foundations of our world today and is on ongoing focus of research and technology to control the distribution and flow of power from provider to consumer and even back again with regards to alternative power being produced and sold back to suppliers. Smart grid technologies have become the backbone of this technology. Basically, an electrical grid is a combination of networks and multiple power generation companies which employ several levels of communication to control the flow of power. For the most part, the majority of this is manually controlled. Smart grids are taking this to the next level by increasing the automation and coordination between all the suppliers involved and subsequent consumers and networks to increase the connectivity and efficiency of electrical demands. The smart grid industry is one of the fastest growing in the world today as it falls into the “cleantech” sector which consistently receives more than half of all venture capital investments. In 2009, President Barack Obama asked Congress to pass legislation to support a forward push in building a new electricity smart grid and even established a new position for George W. Arnold as the Country’s first National Coordinator for Smart Grid Interoperability.
Quite clearly, this requires an extremely expansive network to allow the flow of incredible amounts of data through many avenues to successfully integrate all parties involved in the management of the system. This is the sort of network that has become the focus of movies or shows, such as “Eagle Eye” or “Die Hard with a Vengence” where cyberterrorists are depicted as hacking into networks to basically take control of the world as we know it. While the movies are purely fictional, the importance of protecting these networks is extremely high as there is some truth that lies within the fiction.
There are many companies involved in the security arena for developing smart grid security technologies, but one in particular, Infrax Systems (OTCBB: IFXY), is on the cutting edge and emerging as a leader in the field. Infrax Systems 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).
There are multiple levels to the Infrax platform that serve all the needs of smart grid users to maximize efficiency and provide complete security. This is no minor task as utility networks need to be able to connect billions of devices while maintaining security and reliability within the grid. SIEP™ incorporates a wide array of communications, security, device and data management tools for Smart Grid applications such as advanced metering solutions and grid optimization. Infrax's secure smart grid platform incorporates a communications transport known as GridMesh™, device and data security management known as GRiM.
While many companies are still working on smart grid technologies, Infrax is forward-thinking and has taken the idea of a “smart grid” one step further into what the Company calls a “SECURE GRID” by combining all the important requirements into one package. Infrax products operate to provide the secure two-way communications that are a fundamental of the network and the smart meters (a series of sensors and devices that are the lifeblood of smart grid systems to control electric demand) along with threat detection, grid optimization and security all in a state-of-the-art one-stop solution for end to end grid management.
Additionally, Infrax recently announced the availability of the UMAX wireless communications links. The UMAX product line provides highly survivable redundant wireless links to augment fiber and copper communications, as mandated by the North American Energy Reliability Corporation (NERC). In 2007, the U.S. Federal Energy Regulatory Commission (FERC) granted NERC the legal authority to enforce reliability standards with all users, owners and operators of the bulk power system in the United States, and made compliance with those standards mandatory and enforceable. NERC Standards require certain classifications of utility substations to be equipped with redundant, robust communications capability to improve the reliability of the electric Grid. In short, as the government keeps mandating stronger requirement for performance and security, Infrax is prepared to provide the solutions to the utility and energy companies for which these mandates are targeted.
When it comes to a management team, Infrax has gone straight to the heart of the matter and appointed Ely Kahn, former Director of Cyber-Security Policy for the National Security Staff of the Executive Office of the President, to their Board of Advisors. If there is anyone that is going to be at the forefront on the cyber-security, this is the man. In order to be appointed to any position White House related, it is obvious that Mr. Kahn must have impeccable credentials. He has an extensive history in cyber-security and risk management that was honed during senior level positions such as Deputy Chief of Staff for the National Protection and Programs Directorate of the Department of Homeland Security and Director of Risk Management and Strategic Innovation Transportation Security Administration. Upon making the decision to join the Infrax team, Mr. Kahn stated, "The threat of cyber-attacks is real and the future security of our energy grid will rely on products developed by companies like Infrax Systems."
When researching companies, we not only look for the main focus of the company, but we also evaluate other aspects of each company that can generate future revenues and overall business growth plans. Infrax expanded recently through the acquisition of Trimax Wireless. This acquisition opened the doors for Infrax to design and implement wireless networks in developing countries in continuation of the former Trimax Wireless strategy. Further complementing this activity Infrax plans to continue to target wireless ISP's and carriers and market all their current wireless voice, security and data communications products.
With regards to revenues, Infrax has exhibited growth that can only be construed as impressive. On an unaudited consolidated basis with Trimax, the revenues in the year ending June 30, 2010 increased by over 10,000% to over $1.16 million (provided that the companies would have been consolidated for the full year). During this period, total liabilities and stockholder equity increased from $206 thousand to over $7.1 million, representing a 3500% increase. Infrax has placed preliminary projections to achieve $6 million dollars in revenue for the year ending June 30, 2011.
The Company has also recently dabbled in the mobile field with the announcement of an encrypted, secure communications device based on Google's Android platform for mobile voice and data applications. The secure phone is currently available on the HTC Desire phones and adds to the portfolio of security related products for Smart Grid applications previously announced by Infrax.
In the modern business environment people regularly discuss and transmit sensitive and confidential information on cell phones. This poses great threats to business secrecy, executive safety, financial transaction confidentiality or even homeland security. Interception technology is cheap and widely accessible and can be easily purchased over the Internet. Those individuals intent on industrial and corporate espionage possess the tools needed to attack the confidentiality of mobile voice and data communication.
The Android based secure phone will provide users with the ability to securely manage voice calls and data. The secure phone uses a peer-to-peer connection for communicating between devices, thereby eliminating a central network hub for potential eavesdroppers to aim a single point of attack.
Currently, the secure phone is available in three configurations; Government, Industrial and Business. Applications designed for Utilities will be available in the near future. Additionally, Infrax can provide customized applications to support remote monitoring of industrial and business processes.
Technically speaking, the IFXY chart is in a great position for a posible climb. A solid support level has been established at $.005 and another at $.006 as seen on the graphic to the left. Furthermore, the price has climbed for the last four days after briefly spending some time allowing the indicators to align while the support strengthened. There is no real strong resistance in the path of the share price until it reaches the 200 day moving average at a penny and a half. Given the fact that the stock price is still well below 52-week highs at $.13 and positioned for a potential climb, technical traders will be taking a very close look at the IFXY chart and an influx of volume is very possible as traders via for entry positions.
If however things don't go as planned, stop losses around the above mentioned support levels are good ideas. However the best idea of all is to as always contact a financial advisor prior to making any financial decisions and to do your own due diligence.
Due to the complexities of the smart grids, it must be understood that vulnerabilities exist that could potentially be exploited on multiple levels which could result in unparalleled damages. The effects of terrorism have been witnessed with horror throughout the world for centuries and the concept of what could be achieved through cyberterrorism in this era of technology is something that the world would be better served never seeing as the dynamic nature of power grids could result in true catastrophe. Luckily, the world has companies such as Infax Systems helping thwart any potential intruders. It is for this reason as well as many others described, that we at AllPennyStocks.com have turned our attention on Infrax Systems, Inc. (OTCBB:IFXY) as our latest U.S. Company spotlight and encourage investors to do their own due diligence on the Company and add it to their watch lists.
As always, more information on the Company can be found on AllPennyStocks.com, or by clicking here.
INVESTMENT HIGHLIGHTS
Combining Technologies. Rather than focusing on one aspect of a smart grid, Infrax has taken the next step by combining all of the important aspects into a package to provide customers with the ultimate in smart grid technology, which is now termed, more appropriately, the “SECURE GRID.”
Unlimited Potential. With ever-increasing threats of terrorism in all forms, the U.S. Government has budgeted $2.7 billion in counter terrorism funds.
Recent Acquisition. While Infrax is an emerging leader in the world of smart grid technology, the Company has also incorporated business strategies to generate revenues from a variety of other avenues, including a recent acquisition of Trimax Wireless.
Future Revenue Projections. Based on the Company’s projections, the belief is that they will achieve $6 million dollars in revenue for the year ending June 30, 2011.
Experienced Leadership. The reality of cyberterrorism is a difficult concept to grasp as only minor instances have occurred and bee publicized, but experts in the field know its true potential. Infrax has brought former White House Director of Cyber-Security Policy, Ely Kahn, to its advisory board to assist in strategic development and placement of its technologies.
Few Companies Poised and Ready. While there are several companies in the smart grid space, Infrax is uniquely positioned because it has been forward-thinking with its technologies. Instead of dealing with some of the past issues of smart grids, Infrax has identified how to correct those issues while incorporating modern technologies into an end-to-end solution.
Mobile Security Introduction. The Company announced in late July the availability of an encrypted, secure communications device based on Google's Android platform for mobile voice and data applications. This secure phone is currently available on the HTC Desire phones and adds to the portfolio of security related products for Smart Grid applications previously announced by Infrax. The Android based secure phone will provide users with the ability to securely manage voice calls and data. The secure phone uses a peer-to-peer connection for communicating between devices, thereby eliminating a central network hub for potential eavesdroppers to aim a single point of attack.
OVERVIEW
Infrax Systems offers a series of interrelated operational management, communications, and grid security related products and services known as Secure Intelligent Energy Platform (SIEP). The Company's products enable a comprehensive and unified solution for communications and applications management of the Smart Grid. SIEP™ 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 Mesh™) , 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.
52 Week Low / High: $0.0028 / $0.061
Information As Of November 1, 2010
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