SOURCE: Infinity Acquisition Corporation, Inc.

June 14, 2006 08:00 ET

Infinity Acquisition Corp. Announces Board Decision to Issue a Stock and Warrant Dividend

BOCA RATON, FL -- (MARKET WIRE) -- June 14, 2006 -- Infinity Acquisition Corp., Inc., (PINKSHEETS: IFQJ) A management, marketing and consulting firm announced today that the company's Board of Directors has elected to issue shareholders a stock and warrant dividend. During a meeting of the board on June 13, the board voted to issue a 5% stock dividend and grant two warrants per shareholder. The first is exercisable at $.15 per share on or before June 30, 2007 and the second exercisable at $.30 per share on or before December 31, 2007. The dividend and warrants will be distributed as a unit for the shareholders of record at the close of business on July 21, 2006. The unit will be distributed on July 31, 2006. The 5% stock dividend will come in the form of restricted stock. Infinity Acquisition Corp., Inc. will file a registration statement with the Securities and Exchange Commission and all necessary filings to register the shares for the warrant holders. Manny Shulman, President of Infinity, stated, "The Company has made tremendous strides in many different areas, from restructuring, recapitalization to the acquisition of companies that will help us attain our long term goals. Our shareholders have put tremendous faith in our management during these transitions and the Board recognizes that we would not have been able to makes these gains without our shareholders' trust. This dividend is a result of that belief in the company and its future."

Forward-Looking Statements

Please be advised that statements made herein, other than historical data, constitute forward-looking statements that involve risks and uncertainties that could cause actual results to differ materially from those stated or implied by such forward-looking statements. The potential risks and uncertainties include, among others, potential volatility in the company's stock price, increased competition, customer acceptance of new products and services offered by the company, and uncertainty of future revenue and profitability and fluctuations in its quarterly operating results. Please also be advised that the company's stock is not currently registered with the Securities and Exchange Commission.

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