Ifinix Corporation (INIX)

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NEWSSSSSSSSSSSSSSSiFinix Corp. Completes $1 Million Private Placement

JAMAICA, NY, Jul 31, 2007 (MARKET WIRE via COMTEX) -- iFinix Corp. (PINKSHEETS: INXR), a provider of real-time financial information and services to active traders and to the securities industry, announced it had reached its goal of raising $1 million through a private equity offering.
CEO Doug Spadaro said, "iFinix has obtained significant financing, maintained its corporate identity, steadily progressed and, most importantly, we believe that we have delivered on our promise to bring a superior product to market -- all significant achievements for a microcap company."

"In completing this financing," iFinix Chairman Drew Budhu said, "We have reached another important milestone in the development of our company. We are well positioned to fund business operations, particularly product development and compelling advertising campaigns, to dramatically increase our existing base of more than 200 paid subscribers."

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