Infrax Systems Inc. (IFXY)
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Infrax Systems, Inc (OTC:IFXY) Dba US Standard Capital Provides Shareholder Update
Four Homes Recently Sold, US Standard Capital Fund, 2024 Audit HOUSTON, TX / ACCESSWIRE / December 16, 2024 / Infrax Systems, Inc. (OTC PINK:IFXY) dba US Standard Capital (the "Company") is pleased to provide shareholders with an update of recent activities and its progress on previously announced plans: The Company recently sold the four homes it had on the market and proceeds from the sales will be reinvested in new properties. Sales of these properties will appear in our next quarterly report.
Infrax Systems, Inc (OTC: IFXY) / US Standard Capital Completes Acquisition of Cornerstone Rock LLC
HOUSTON, TX / ACCESSWIRE / November 25, 2024 / Infrax Systems, Inc. (OTC PINK:IFXY) dba US Standard Capital (the "Company") announced today that it has completed its acquisition of Cornerstone Rock LLC, a Houston-based residential construction company specializing in home remodeling renovations and new construction projects. The acquisition brings together the construction and remodeling capabilities of Cornerstone Rock and the real estate investment capabilities of the previously acquired JP Developers of Texas under the Infrax / US Standard Capital name.
Infrax Systems, Inc (OTC:IFXY) Provides Shareholder Update
Acquisition of Cornerstone Rock Development, Audit Status, Operations HOUSTON, TX / ACCESSWIRE / November 15, 2024 / Infrax Systems, Inc. (OTC PINK:IFXY) dba US Standard Capital (the "Company") is pleased to provide shareholders with an update of recent activities and its progress on previously announced plans: The Company is moving forward with its previously announced acquisition of Cornerstone Rock Development LLC, a Houston-based residential construction company specializing in home remodeling renovations and new construction projects. The Company expects to close the transaction by the end of November 2024.
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Infrax Systems Inc. Profile
| Capital Markets Industry | Financials Sector | Jose Pineda CEO | OTC PINK Exchange | 45685T202 CUSIP |
| US Country | 4 Employees | - Last Dividend | 9 Sep 2011 Last Split | - IPO Date |
Overview
Infrax Systems, Inc., initially founded in 2004 as OptiCon Systems, Inc., underwent a name change in January 2010 and is now headquartered in St. Petersburg, Florida. The company specializes in providing comprehensive solutions for the management, communication, and security of the smart electric power grid. Through a variety of interrelated products and services, Infrax Systems delivers a unified platform designed to enhance the operational efficiency and security of electric power grid communications. Catering primarily to electric power utilities and telephone carriers, their offerings serve the pivotal purpose of ensuring the seamless and secure exchange of data across the power grid infrastructure.
Products and Services
- Secure Intelligent Energy Platform:
A cornerstone offering that allows utilities to engage in secure communication with devices linked to the power grid, facilitating comprehensive data exchange regarding usage, voltage, current, and other critical metrics.
- Communication Devices:
This category includes the Secure Network Interface Card, which is integrated within utility power meters to encrypt and convey data securely. Additionally, the range features collectors, concentrators, and repeaters, which are essential for the robust dissemination of information across the grid.
- GridMesh Software:
A software solution that enables hardware devices within the network to securely connect and communicate, fostering a protected and efficient grid environment.
- Utility Max (UMAX) and UMAX+ Wireless Solutions:
These solutions are designed for electric power utilities and telephone carriers to establish point-to-point or point-to-multipoint Ethernet links, enhancing connectivity and communication flexibility.
- Grid Intrusion Management Systems:
A security-focused service that guards the power grid against unauthorized access, ensuring the integrity and safety of grid operations.
- Distribution Automation:
A two-way communication solution allowing for the real-time interchange of data from distribution devices along the power grid to back office or substations, optimizing grid management.
- Managed Services and Customer Support:
Infrax offers comprehensive support including network design, deployment support, program management, and other managed services tailored to enhance the grid's operational efficiency.
- Professional Services:
These involve engineering, construction, and project management services specifically geared towards aiding smaller utilities in their quest for improved grid functionality and management.
- Asset Tracker Solution:
A dedicated solution for the inventory management of smart electric power grid assets. This includes meters, collectors, concentrators, as well as substation and field deployable assets, ensuring efficient asset management and accountability.
