SOURCE: iFinix Corporation

iFinix Corporation

April 15, 2011 14:00 ET

iFinix Shareholder Update

PLAINVIEW, NY--(Marketwire - Apr 15, 2011) - iFinix Corp. (PINKSHEETS: INIX), a provider of real-time financial information and services to active traders and to the securities industry, today announced an update to its shareholders.

iFinix has recently acquired majority control of Oakbridge Management, Inc. Oakbridge has a 20% joint venture participation in the Mohave Mine, located in northwestern Arizona.

The Mohave Mine is managed by a subsidiary of the Tesoro Gold Company. Tesoro owns gold properties, with both vein and bulk tonnage exploration targets, in the western United States. The Mohave Mine has a proven ore reserve, in addition to multiple exploration targets.

Tesoro will be providing the joint venture participants with updates as to the development of the Mine. This arrangement provides iFinix with the opportunity to participate in an exciting mineral resources project while maintaining primary focus on its core business lines.

iFinix Corporation has filed for a name change with the New York secretary of state to change Oakbridge Management, Inc. to iFinix Management, Inc. The company is now headquartered at 255 Executive Drive, Plainview, NY 11803.

CEO Benhope Munroe commented, "We are fortunate to have a company with the experience of Tesoro Gold as the manager of the Mohave Mine Project. This allows the Management of iFinix to maintain its focus on developing and growing its wholly owned subsidiaries, which are all still intact. iFinix Capital is in the process of recruiting representatives and building its client base. iFinix Futures and Forex is currently increasing market share and is also enjoying an increase in revenues. iFinix Software is in negotiations with a software development company to partner in the development and marketing of iFinix RealTime, and also assist in the continued develop of eFinix which we hope to launch by the end of the year."

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.ifinixsoftware.com, www.proactivefutures.com, www.ifinixforex.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.