SOURCE: iFinix Corporation

iFinix Corporation

August 06, 2009 13:01 ET

iFinix Corp. Reports Financial Results for Quarters Ended March 31st, and June 30th, 2009

PLAINVIEW, NY--(Marketwire - August 6, 2009) - iFinix Corp. (PINKSHEETS: INIX) today reported its financial results for the quarters ending March 31st and June 30th, 2009.

iFinix Corp. reported revenues of $120,693, a loss of $62,373 for the quarter ended March 31st, 2009. These revenues were derived primarily from its wholly owned subsidiary iFinix Futures. This represents an increase of $119,461, and a reduction in losses of $234,668 for the same period last year.

For the period ended June 30th, 2009 iFinix reported revenues of $101,531, a loss of $73,293 for the quarter. These revenues were derived primarily from its wholly owned subsidiary iFinix Futures. This represents an increase of $100,300 in revenues, and a reduction in losses of $219,081 for the same period last year.

iFinix CEO Benhope Munroe commented, "iFinix is pleased to report our current financials, since they represent a market turnaround in the financial history of the company. Management believes that this is only the beginning for iFinix; as we anticipate continued improvement in our revenues due to the steady growth of iFinix Futures, the addition of the Island Forex division and the proposed addition of iFinix Capital, but most significantly from the launching our redeveloped, multi-facetted trading software. We remain fervently dedicated to achieve the goals set forth in our business plan by year end."

View Report: https://www.otciq.com/otciq/ajax/showFinancialReportById.pdf?id=22891

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

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