SOURCE: iFinix Corporation

iFinix Corporation

March 30, 2011 18:48 ET

iFinix Reports Financial Results for 2010

PLAINVIEW, NY--(Marketwire - March 30, 2011) - iFinix Corp. (PINKSHEETS: INIX), a provider of real-time financial information and services to active traders and to the securities industry, announced today the financial results for the period ending December 31, 2010 and has scheduled its quarterly conference call.

iFinix Corp. reported revenues of $505,860 and a loss of $449,126 for the year ending December 31st, 2010. These revenues were derived primarily from its wholly owned subsidiary iFinix Futures. This represents a revenue increase of $59,361 and an increase in losses of $441,817 for the same period last year.

View report: http://www.ifinix.com/2010financials.pdf

The conference call is schedule for Thursday, March 31, 2011, details are below:

Date: Thursday, March 31st, 2011
Time: 4:05 PM EDT
Info: Dial (712) 432-1001, then enter access code number 413186445, then press #

Investors are requested to submit their questions to the company in advance to contact@ifinix.com before 1:00 PM EDT. Questions will be reviewed and selected for use during the call.

iFinix CEO, Benhope Munroe, stated, "2010 was a challenging year for the company. However, the company is working aggressively to build revenue and increase profitability. The DTCC application is pending approval and we hope the stock is back in the DTCC soon. The company will continue to update the public on the progress of the company."

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.ifinixfutures.com, www.ifinixsoftware.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