SOURCE: iFinix Corp.

July 09, 2007 17:30 ET

iFinix Provides Subscription Information in Anticipation of the Official Launch of the RealTime Information Platform July 16

JAMAICA, NY--(Marketwire - July 9, 2007) - In anticipation of the full-fledged launch of the iFinix RealTime Information Platform on Monday, July 16, iFinix Corp. (PINKSHEETS: INXR) announced today the steps subscribers must take to activate the program, including the more than 250 participants that were awarded free trial subscriptions.

Subscribers and the more than 250 free trial participants must inform iFinix of the names of the exchanges from which they want stock data as well as their credit card information to pay the monthly exchange charges. Subscribers can choose the exchanges they wish to receive data from and then pay the monthly fees by registering their credit card information on a secure site on iFinix.com. All participants will receive an email with a link to this secure site.

Monthly fees are:

--  New York Stock Exchange $1;
--  American Stock Exchange $1;
--  Nasdaq/OTCBB Level 1 $1;
--  OTCBB Level 2 (requires Nasdaq/OTCBB Level 1) $4;
--  Nasdaq Level 2 (includes Nasdaq Level 1; market maker quotes for
    Nasdaq, OTCBB Level 2 and time, sales and quotes) $20;
--  Pink Sheets Level 1 $3;
--  Pink Sheets Level 2 (includes Level 1) $15.
    
Alternatively, participants can call 516-504-3981 x301 and provide the information over the phone. They must also report whether they are professional traders, that is, money managers or affiliated with a financial services firm, or non-professionals, that is, individual traders.

iFinix Chairman Drew Budhu said, "We are emailing all free trial subscribers to welcome them to the RealTime Information Platform and to get them started. The monthly charges for which we need credit card information are the exchange's fees, which we are simply passing along."

The iFinix RealTime Information Platform provides pricing and volume information to microcap traders and broker/dealers of microcap stocks equal to that available on blue-chip stocks. Its price reporting is precise to the sixth decimal point -- two decimal points greater than its competition -- a difference that is financially significant to frequent traders.

Free trial subscribers have one-month or three-month subscriptions to the iFinix RealTime Information Platform. The three-month free trial subscriptions were available to iFinix shareholders only.

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.

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