INFRAX SYSTEMS, Inc. (IFXY) Prepares a Process for Uplisting on a Senior Exchange

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ST. PETERSBURG, Fla., Oct. 11, 2011 /PRNewswire/ — INFRAX SYSTEMS, Inc. (OTC BB:IFXY.ob – News), a tellurian provider of one Smart Grid-related products and services for a Energy and Utility industries, announced now that a Board of Directors, as authorized by their infancy shareholder, has authorized a arising of a routine for a up-list on NASDAQ Capital Market immediately. The Company believes that, given a change piece position (Post SPC acquisition), it would accommodate all of a quantitative inventory mandate for The NASDAQ Capital Market, other than those relating to a smallest bid cost for listed shares (which is $4 per share). The Company can't assure we that it will be successful in achieving a inventory on The NASDAQ Capital Market or any other exchange. The routine of gift and inventory might need additional due industry and conference with suitable entities and FINRA. We will surprise a shareholders of a swell as we trigger and finish a process.

“The Board of Directors feels that formed on a expansion potential, benefaction destiny partners, Initial Public Offerings of a categorical competitors, a world-class products and services, a application business and a merger of SPC (Southern Power Control), we trust increases a possibility of a Company successfully inventory a Common Stock on The NASDAQ Stock Market, quite The NASDAQ Capital Market,” settled Sam Talari, INFRAX SYSTEMS, Inc. Co-Chairman. “We serve trust that inventory on The NASDAQ Capital Market would raise a Company’s visibility, blurb credit and emanate a improved glass marketplace for a investors and improved financing terms that would concede for certain blurb opportunities not now accessible to a Company. The Company believes that a inventory on The NASDAQ Capital Market, if effectuated, might beget larger seductiveness among a benefaction and destiny business and set us among a peers and competitors trade on a large house hence permitting for institutional tenure and researcher coverage and brokerage recommendations.”

“We trust that by holding this step, a Company will be means to maximize a prolonged tenure expansion opportunities and a lapse to a investors. We have grown products that will significantly impact a approach in that utilities exercise grid confidence and we are now scheming to move these products to market,” pronounced Paul J. Aiello, INFRAX SYSTEMS, Inc. CEO. “Institutional investment will concede us to entrance additional equity collateral to assistance fuel a expansion both organic and by acquisition.”  

About INFRAX SYSTEMS, Inc.

INFRAX SYSTEMS, Inc. offers a array of associated operational management, communications, and grid confidence associated products and services famous as Secure Intelligent Energy Platform (SIEP). Our products capacitate a extensive and one resolution for communications and applications government of a Smart Grid. SIEP™ incorporates a far-reaching array of communications, security, device and information government collection for Smart Grid applications such as modernized metering solutions and grid optimization. SIEP height creates a one resolution to firmly conduct Advanced Metering Infrastructure (AMI) and placement automation. INFRAX SYSTEMS, Inc.’s secure intelligent grid platform, incorporates a communications ride and government complement (Grid Mesh™), device and information confidence management, and eventually secures intelligent endpoint inclination (SIED). The secure government of a “last mile” backhaul will be required for utilities to exercise 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 advantages for utilities, and eventually a utility’s customers.

For INFRAX SYSTEMS, Inc. information, hit Investors@Infraxinc.com or revisit www.infraxinc.com.

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Contact:
Media Contact:
INFRAX SYSTEMS, Inc.
investors@infraxinc.com
727-498-8514