SOURCE: iFinix Corp.

March 14, 2007 13:00 ET

iFinix Corporation Issues Shareholders Update

JAMAICA, NY -- (MARKET WIRE) -- March 14, 2007 -- iFinix Corp (PINKSHEETS: INXR) issued an update to shareholders today.

iFinix chairman Drew Budhu commented, "iFinix is moving forward on all fronts towards product release and we are working diligently to keep our shareholders informed during this period of time before official rollouts commence. To achieve this goal, the following list itemizes key areas of action and progress currently underway."

Product: Final refinements with the addition of features requested by trader test groups including platform chat messaging hub for interaction between active iFinix platform users and the implementation of Level 2 record and playback function.

Marketing: Television advertisements have gone into production with a leading computer animation studio to result in first iterations for review by iFinix management this week. Additional internet sites will host advertising banner ads starting this week.

Investor Relations: Blue chip firm to be announced by iFinix shortly as part of ongoing effort to support and inform shareholders. Company actively resolving investor inquiry backlog and establishing protocols for timely response to future inquiries.

Corporate: Commencement of search for additional managerial talent as company plans for increased workload and market expansion. Company financials are in active preparation.

Partnerships: Company is in ongoing partnership discussions with interested parties seeking to mutually expand client bases. iFinix has met with multiple brokerage houses in February and March and has submitted term sheets with contract negotiations pending.

About iFinix:

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.

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