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INFRAX Establishes New Subsidiary for Strategic Acquisitions

Editorial Checklist

Reviewed

Apr 22 2010

INFRAX SYSTEMS, Inc. (OTCBB: IFXY), a global provider of interrelated operational management, and communications related products and services for the Telecommunications and Energy industry, today announced that the Company has established a new subsidiary company for Merger and Acquisitions: INFRAX Acquisition, Inc.

Paul J. Aiello, CEO of INFRAX, stated, "The Board recently agreed with our plan to establish an entity for strategic acquisitions. INFRAX has operated in the telecommunications sector for several years and the creation of an acquisition subsidiary will facilitate our entry into other infrastructure segments. INFRAX, with the subsidiary, will be targeting Smart Grid technology companies, last mile facilitators and various partners to deliver its new and existing products."

Source:

http://www.infraxinc.com/

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