Asset Tracking Software manages Smart Grid resources.
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Press Release Summary:
Optimizing utility operations and disaster response, AssetTracker(TM) manages utility Smart Grid assets including meters, collectors, and concentrators, as well as substation and field deployable assets. Program validates equipment information received via RFID from tagged assets and provides that information across enterprise bus of electric utility in customizable format. With access to real-time information, personnel can locate material, track consumption, and streamline procurement.
Original Press Release:
Infrax Systems (IFXY) Launches AssetTracker(TM) Solution for Smart Grid Asset Tracking and Management
AssetTracker Improves Utility Operations and Disaster Response
ST. PETERSBURG, Fla., -- INFRAX SYSTEMS, Inc. (OTC BB: IFXY - News), a global provider of unified Smart Grid-related products and services for the Energy and Utility industries, announced today the launch of a new application for end to end management of utility assets and resources. The Infrax AssetTracker(TM) solution provides for complete inventory management of utility Smart Grid assets including meters, collectors and concentrators, as well as all substation and field deployable assets.
AssetTracker(TM) validates inventory and equipment information received via RFID from tagged assets and seamlessly provides that information across the enterprise bus of an electric utility in a format customizable for each utility. Access to real time information provides operations personnel with the ability to locate material, track consumption and streamline procurement.
Asset management has long been a goal of utilities, especially in times of storms and weather related circumstances. Disaster response can be greatly improved through comprehensive reporting on asset and material location and availability. The AssetTracker(TM) allows utility vehicles to be quickly and accurately inventoried each time they are deployed and return for restocking. Mobile solutions are also available to relay asset utilization over wireless links on a real time basis from the site of a service interruption.
"The tracking of assets can be crucial to utility operations, especially given the accelerating costs of material, tools and copper, combined with the increased cost cutting pressure utilities face," said Paul Aiello, Infrax CEO. "Tracking fixed assets and mobile inventory allows utilities to better manage purchasing and operations while avoiding the expense of purchasing unnecessary replacement items."
Infrax's asset management solutions can be deployed as standalone solutions or integrated into the Infrax Secure Intelligent Energy Platform. The product line is comprised of modular applications which are able to function independently or as a complete suite based on a utility's requirements.
About INFRAX Systems
Infrax Systems offers a series of interrelated operational management, communications, and grid security related products and services known as Secure Intelligent Energy Platform (SIEP). Our products enable a comprehensive and unified solution for communications and applications management of the Smart Grid. SIEP(TM) 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(TM)), device and data security management, and ultimately a Secured 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.
For INFRAX Systems information, contact Investors@Infraxinc.com or visit www.infraxinc.com.
