Northern Potash Co (NPTH)

[davwax]

I haven't heard anything beyond their latest PR release. The stock price has sure been pounded since then...

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INREEX, Inc. Unveils Its New Online Sports Exchange and Adds the U.K Region to Its Real Estate Exchange
BusinessWire - December 07, 2006 9:33 AM ET

INREEX, Inc., (Pink Sheets: IRXI) an innovative developer and operator of interactive online trading exchanges, is pleased to announce the launch of the company's new online sports exchange, 11Trade. The site can be accessed at: http://www.11trade.com In addition, INREEX has been moving forward with the expansion of its Real Estate Exchange by adding the U.K. to its list of tradable areas.

11Trade is consistent with our primary business model while at the same time enabling us to penetrate a global market of over 500 million people, which includes both sports fans and online investors everywhere. This interactive online marketplace will allow for speculation by the company's membership in various sporting events using both long and short-term contracts. Members' generate profits or losses from the rise and fall of contract prices with short-term contracts receiving a payout every time the correct side of a particular wager is chosen. INREEX generates revenues from commissions paid to the company on member transactions.

A distinctive feature of our exchange will be its peer-to-peer technology; with this, members can experience the same excitement and liquidity that is witnessed in the stock market. The Sports Exchange targets International participants and will not allow United States residents or residents in other jurisdictions to place bets or participate in the exchange where such participation is contrary to existing laws and regulations.

Currently, users will be able to open accounts and trade a portfolio with "virtual" money, as 11Trade is still in the beta stage. The exchange will initially launch with its primary focus on professional soccer events with the intention of integrating additional sports as practical. The exchange is expected to operate 365 days of the year, 24 hours per day and have a live chat room as well as a public forum where traders can openly discuss the state of the exchange and swap ideas. Over the following months we will continue to test for any glitches and gather data from all feedback received from users.

"The launch of the 11Trade beta platform is a significant step in expanding our product offerings. We continue to actively pursue new ways to commoditize various markets and I believe many will find our latest exchange as an exciting approach to electronically speculate on numerous sporting events," said Paul Rozenberg, CEO of INREEX, Inc.

As we have previously mentioned, INREEX's aim is not only to continue the expansion of our current core business, but also to advance our position as an international real estate exchange. To that end, we now allow for speculation on an international level with the addition of the U.K.

About INREEX, Inc.

INREEX, Inc. (Pink Sheets: IRXI - News) is an innovative developer and operator of interactive online trading exchanges. The INREEX is a real estate prediction exchange that lets investors take advantage of the fluctuations in the real estate market, without having to buy real property. Ultimately, the INREEX could protect homeowners from a potential housing decline or just allow for efficient real estate speculation without the need to buy or sell actual real estate. 11Trade is an online sports exchange with its primary focus on professional soccer events with the intention of integrating additional sports as practical. Both exchanges not only allow members to experience the same excitement and liquidity that is witnessed in the stock market, but they are powered by our distinctive peer-to-peer technology feature allowing for transparent and efficient trading 24/7 from virtually anywhere in the world.

To learn more about INREEX, Inc. visit: http://www.inreex.com.

The information contained in this press release may include forward-looking statements. Forward-looking statements usually contain the words "estimate," "anticipate," "believe," "expect," or similar expressions that involve risks and uncertainties. These risks and uncertainties include the company's uncertain profitability, need for significant capital, uncertainty concerning market acceptance of its products, competition, limited service and manufacturing facilities, dependence on technological developments and protection of its intellectual property. The company's actual results could differ materially from those discussed herein.

SOURCE: INREEX, Inc.

INREEX, Inc.
Paul Rozenberg, 703-752-6138
or
Press Inquiries: 877-4-INREEX
[e-mail]
www.inreex.com