SOURCE: iFinix Corporation

iFinix Corporation

September 01, 2010 09:00 ET

iFinix Corp. Announces Stock Dividend

PLAINVIEW, NY--(Marketwire - September 1, 2010) -  iFinix Corp (PINKSHEETS: INIX), a provider of real-time financial information and services to active traders and to the securities industry, announced today that it will issue a dividend in the form of a two-for-one forward stock split.

iFinix Corp. recently held a Board of directors meeting to address methods to enhance shareholder value and to regain shareholder confidence. Although a stock buyback was discussed, the board determined that deploying funds to accelerate the company's growth, rather than buyback its shares, was in the best interest of the company and its shareholders.

As a result the company's authorized shares will be increased to facilitate the forward stock split. The dividend will be issued to shareholders of record as of September 10th, 2010 (the "Record Date"). Additional information will be released once FINRA approves the terms of the dividend. 

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.ifinixsoftware.com www.proactivefutures.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.