SOURCE: iFinix Corporation

iFinix Corporation

January 15, 2010 14:56 ET

iFinix Corp. Reduces Authorized Shares

PLAINVIEW, NY--(Marketwire - January 15, 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 the Board of Directors has voted to reduce the number of Authorized Common Shares to 288,000,000.

CEO Benhope Munroe stated, "After tabulating the number of A & B warrants that have been converted by our shareholders, the board has determined that this is a reasonable amount of authorized shares. This will allow the company some 'wiggle room' to use our shares as currency if necessary."

About iFinix Corp.:

iFinix is a diversified information technology services and solutions company with expertise 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

Legal Notice Regarding Forward-Looking Statements:

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

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    iFinix Corporation
    Investor Relations