SOURCE: RedChip Companies

May 05, 2006 08:15 ET

INFN Up 100% in Week Following RedChip Research Coverage

ORLANDO, FL -- (MARKET WIRE) -- May 5, 2006 -- RedChip Visibility, a division of RedChip Companies, initiated coverage on Innofone (OTC BB: INFN) on April 24 with a $2.30 price target. The stock has doubled in value since initiation of coverage, reaching $1.50 on May 3, 2006. Innofone.com Inc. (OTC: INFN), and its wholly owned subsidiary, IPv6 Summit Inc., is the first public company to focus exclusively on Internet Protocol version 6 (IPv6), also known as the New Internet. INFN has organized conferences including the US IPv6 Summit, since June 2003, and offers training and consulting related to IPv6 for government and commercial customers, especially IT and wireless departments.

Alex Lightman, the dominant authority on the "New Internet" and CEO of Innofone, recently gave a presentation at the RedChip Hollywood Investor Conference. To view Lightman's presentation, visit http://www.redchip.com/visibility/.

RedChip is the premier provider of small-cap research, giving its clients exposure to thousands of RedChip followers. RedChip discovered Nike, Marketwatch.com, Winnebago, and many other large-cap companies while they were still relatively unknown among Wall Street professionals. Over the last 13 years, RedChip has built one of the largest followings of small-cap investors in North America. In order for a company to qualify for RedChip Visibility Research a company must meet at minimum one of the following criteria: effective management, mass appeal for their product or service, growing sales, and improving margins.

About Innofone.com Inc.

Innofone.com Inc. (OTC BB: INFN), and its wholly owned subsidiary, IPv6 Summit Inc., focuses exclusively on Internet Protocol version 6 (IPv6), also known as the New Internet. Innofone.com organizes world-class conferences and offers training and consulting related to IPv6 for government and commercial customers, especially IT and wireless departments.

About RedChip

RedChip Visibility provides small-cap companies access to both professional and individual small-cap investors by holding conferences throughout the United States, producing online corporate visibility programs, and writing company-sponsored research.

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