INFRASTRUCTURE NETWORKS AND MACHFU PARTNER TO DELIVER DATA SOLUTIONS TO THE OILFIELD

Infrastructure Networks and Machfu partner to deliver data and IoT solutions to the energy sector

HOUSTON, June 25, 2019 – Infrastructure Networks, Inc. and Machfu are pleased to announce they have entered into a strategic partnership to help oil and gas companies improve the performance of their existing assets by easily connecting them to new cloud solutions. INET will sell, supply and service Machfu solutions, delivered over INET’s wireless platform. Machfu will utilize INET’s LTE coverage to connect to oil and gas assets real-time in key energy producing areas.

Under the partnership, INET will distribute the MACHGateway and the MACH-IO solutions to the oilfield, where assets collect data, but may not have the ability to send that data real-time or store it. The MACH-IO provides standards-based wireless data collection for IoT sensors in the oilfield, and works with the MACHGateway, which provides secure connection to industrial controllers, process automation and other equipment in the oilfield. Together, the two products simplify connecting and managing sensors and controllers, and provide a secure connection to transmit data real-time to oil and gas companies.

“The value of data in the oilfield is just being realized,” said Scott Crist, CEO at INET, “Oil and gas companies pour billions of dollars into industrial assets, and the MACHGateway and MACH-IO work to gather data from these asset’s in the oilfield and transmit the data over INET’s network in real-time so decisions can be made quickly. With our focus on enabling the Industrial Internet of Things, to include automation of field assets, we see Machfu’s technology as a great fit for our platform.”

“The significance of data collection, storage and real-time transmission is that these solutions help oil and gas companies improve business processes with immediately realized value and reduce operational risk within a secure environment,” said Prakash Chakravarthi, CEO of Machfu.

Together, INET and Machfu plan to simplify the collection, storage and use of data, especially from equipment that speak legacy protocols and shows companies the potential of real-time, analytics, control of assets and eventual automation of the oilfield.

About Infrastructure Networks

Infrastructure Networks (INET) is a fully-integrated technology & telecommunications company that enables the Industrial Internet of Things (IIoT). The Company provides the first end-to-end, standards-based, dedicated wireless solution platform capable of supporting the full spectrum of IIoT solutions, and owns or controls 4G/ 5G-LTE spectrum covering the majority of energy-producing assets in North America. By providing wireless LTE connectivity and plug and play solutions to industrial assets, INET has become the leader in rolling-out products and services to the industry. INET manages critical communications through its CloudCore Wireless-Infrastructure-as-a-Service Platform. As such, the Company enables existing SCADA, Mobile Data, Video, Workforce Automation, and other machine-to-machine applications with ‘Internet of Things’ functionality. For more information, visit www.inetlte.com.

About Machfu 

Machfu simplifies the complex landscape of Industrial Internet of Things (IIoT) by easily connecting data at the edge to IoT databases in the cloud for business analytics. Machfu grew out of a simple idea: that developing and maintaining applications in the industrial IoT world should be as easy as it is in the desktop world or the smartphone world. Machfu products bring edge to enterprise connectivity to existing industrial infrastructure that can be deployed and scaled quickly. To learn more about Machfu, visit www.machfu.com.