SOURCE: iFinix Corporation

iFinix Corporation

March 31, 2010 14:56 ET

iFinix Corp. Reports 2009 Financials -- Cut Losses by Over 90%

PLAINVIEW, NY--(Marketwire - March 31, 2010) -   iFinix Corp. (PINKSHEETS: INIX) today reported its financial results for the year ending December 31, 2009.

iFinix Corp. reported revenues of $446,499 and a loss of $7,043 for the year which ended December 31st, 2009. These revenues were derived primarily from its wholly owned subsidiary iFinix/Proactive Futures. This represents a revenue increase of $323,031 and a reduction in losses of 90% or $1,264,574 for the same period last year.

iFinix CEO Benhope Munroe commented, "I am truly indebted to Richard Dank for continuing to build the revenues in Proactive. On a personal note, I want to thank our loyal shareholders, especially those who helped fund the company by virtue of their purchase of the A and B warrants. It was this strategy that allowed iFinix to develop and bring to market our RealTime product without the need for dilution and at the same time reduce losses by over a million dollars! Thank you all."

View Report: http://www.otcmarkets.com/pink/quote/quote.jsp?symbol=inix

About iFinix Corp.
iFinix is a diversified information technology services and solutions company with expertise in systems integration, outsourcing, infrastructure and server technology. iFinix has established a product line that delivers financial and business information with streaming, real-time market data, news and analytics to professionals and active individual investors. The company's suite of products includes iFinix RealTime, iFinix Trader and eFinix. Visit http://www.iFinix.com www.ifinixforex.com www.proactivefutures.com www.ifinixsoftware.com

Legal Notice Regarding Forward-Looking Statements:

Safe Harbor: This press release contains forward-looking information within the meaning of section 27A of the Securities Act of 1933 and section 21E of the Securities Exchange Act of 1934 and is subject to the Safe Harbor created by those sections. This material contains statements about expected future events and/or financial results that are forward-looking in nature and subject to risks and uncertainties. Such forward-looking statements by definition involve risks, uncertainties and other factors, which may cause the actual results, performance or achievements of iFinix Corporation to be materially different from the statements made herein.

Contact Information

  • Contact:
    iFinix Corporation
    Investor Relations
    516-504-3981