SOURCE: iFinix Corp.

November 29, 2007 16:45 ET

iFinix Corp.'s Chairman Drew Budhu Reports Continued Company Progress and Expresses Appreciation to Loyal Stockholders

JAMAICA, NY--(Marketwire - November 29, 2007) - iFinix Corp. (PINKSHEETS: INXR) Chairman Drew Budhu expressed today his continued confidence in the company's progress and expressed his appreciation for the loyalty of its shareholder group.

He said that the management is deeply concerned about the recent decline in its share price.

iFinix Chairman Drew Budhu said, "There have been no material changes in our company. We are still aggressively pursuing the development, marketing and distribution of our 'state of the art' products."

"We have made great strides in 2007 and believe we are on the threshold of major developments in 2008," he added.

"We thank our loyal shareholders for their support, and we are genuinely distressed about the current price per share. We will do everything in our power to fulfill our promise to our shareholders."

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

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