SOURCE: iFinix Corp.

January 16, 2007 10:40 ET

iFinix and Comtex Announce Content License Agreement for Delivery of Real-Time News and Market Research

NEW YORK, NY -- (MARKET WIRE) -- January 16, 2007 -- iFinix (PINKSHEETS: INXR) announced a Content License agreement with Comtex News Network, Inc (OTCBB: CMTX), a leading provider of economically useful electronic real-time news, content and market alerts. Through this marketing agreement, the companies will distribute Comtex news, financial content and market research over the "Phoenix Analyst" platform.

Under terms of the agreement, Comtex will provide iFinix with its Public Companies, Public Companies Select, SEC, and Equity Analysis CustomWires to integrate into the Phoenix Suite of products. This agreement represents iFinix's commitment to expanding its financial tools, services and reach into the world's largest-growing financial market.

iFinix Chairman Drew Budhu commented, "Comtex is a valued business partner and we look forward to introducing new Comtex content sets which will expand our current news offerings. This new agreement also opens additional sales channels for the iFinix platforms."

Chip Brian, Comtex's President and CEO, said, "We are delighted that iFinix selected Comtex CustomWires for their Phoenix products, and we look forward to potential future synergies for additional data products and services."

About iFinix:

iFinix is a diversified information technology services and solutions company. Our people combine expertise in systems integration, outsourcing, infrastructure, server technology and consulting with precision thinking and relentless execution to help clients. iFinix is a leading global provider of financial and business information to professionals and active individual investors. Building on a 20-year legacy of delivering time-sensitive financial information, Phoenix Provides streaming, real-time market data, news and analytics. The company's suite of products includes Phoenix Pro, the Phoenix Market Scanner, Phoenix Analyst and efinix.

About Comtex:

Comtex (www.comtex.com) provides real-time news, SmarTrend® Alerts and economically useful information to businesses whose customers need more than just facts. Comtex customers receive select content from key sources which is further enhanced with stock tickers and an extended lexicon of relevant terms. With a specialization in the financial news and content marketplace, Comtex receives, enhances, combines and filters news and content received from national and international news bureaus, agencies and publications, and distributes more than one million total stories per day. Comtex's state-of-the-art technology delivers this relevant content and reliable service in real-time. Comtex (OTCBB: CMTX) has offices in New York City and Alexandria, Virginia.

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 x301