SOURCE: iFinix Corporation

iFinix Corporation

October 20, 2010 13:15 ET

iFinix Corp. Shareholder Update

PLAINVIEW, NY--(Marketwire - October 20, 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 company has been advised by FINRA that the suffix 'D' will be removed from the company's symbol effective tomorrow October 21, 2010.

The purpose of the forward split was twofold; firstly to continue to endeavor to rebuild the share positions of those loyal shareholders who held shares of iFinix since the days of the egregious reverse splits imposed by the previous management, secondly to bring the price per share to a level that historically has attracted the more speculative investors. This may become more evident when the company begins to make announcements regarding any new company developments.

All shares that were held at DTC have been received by the transfer agent and the new shares have been sent back to DTC for issuance to the brokers. All shareholders holding physical certificates MUST return their certificates to Transfer Online before October 30th 2010. If they fail to do so they will not only forfeit the forward split but lose their initial investment.

Any inquiries or questions regarding the return of physical certificates should be directed to Mark Knight at transfer online, 503-227-2950.

iFinix CEO Benhope Munroe remarked, "'Even the best laid plans of mice and men oft times go asunder,' however in spite of the ministerial problems that we have encountered in the market place, the management team of iFinix remains extremely optimistic and has been forging ahead on a daily basis to build and develop the operations of the company. We are on the threshold of important company growth and anxiously await the day when our efforts are reflected in the marketplace, hopefully enhancing shareholder value and liquidity."

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.