IFXY: Top 5 News Announcements Indicating Solid Growth
Now, look at the past few months wherein IFXY has been expanding aggressively and acquiring new clients. #1. Infrax Systems (IFXY) Chosen to Supply Multi-Service, Wireless Broadband Infrastructure on the Island of BermudaThe new wireless broadband infrastructure will be comprised of approximately forty-five (45) Infrax, TMAX 2000 modular base-station routers. According to CEO Paul J Aiello, "This project represents another growth opportunity for Infrax Networks and is expected to be a springboard for additional opportunities in the region."
#2. Infrax Systems (IFXY) Adds Southeast Regional Sales Office to Focus on Utility Sales Infrax currently maintains sales locations in St. Petersburg and Weston, Florida, as well as engineering and operations facilities in Naples and Pinellas Park, Florida. IFXY has added a Regional Sales office in the Atlanta area to increase penetration of utilities in the Southeastern United States.
#3. IFXY Executes Technical Development Agreement With Smart Meter Manufacturer, Itron, Inc. Itron, Inc, is one of the largest smart grid meter manufacturers globally. Based on a multiple processor design, the SNIC provides military grade encryption and wireless interface modules for HAN and WAN applications.
#4. IFXY Systems Receives a Large Purchase Order from Another African ISP for a Network Deployment in Ghana.This network was designed and deployed utilizing the TMAX™ wireless broadband platform exclusive to Infrax. This first phase includes over seven hundred fifty dollars in equipment and infrastructure, including both base stations and customer premise devices.
#5. In July IFXY announced it had received the initial installment payment of three hundred eighty six thousand of the two million five hundred thousand second phase deployment of the GEMINI wireless project in Nigeria.
The estimated value of the entire Nigerian project, including CPE's (Customer Premise Equipment) is approximately sixty million dollars at completion.