Ifinix Corporation (INIX)

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News for 'INIX' - (iFinix Corp. Reports Financial Results for Second Quarter)


PLAINVIEW, NY, Aug 11, 2011 (MARKETWIRE via COMTEX) -- iFinix Corp (PINKSHEETS:
INIX), a provider of real-time financial information and services to active
traders and to the securities industry, today announced its f! inancial results
for the second quarter.

iFinix Corp. reported revenues of $163,733, and a loss of $21,289 for the
quarter ending June 30, 2011. These revenues were derived primarily from its
wholly owned subsidiary iFinix Futures. This represents an increase in revenues
of $33,910 and a decrease in losses of $153,342 compared to the same period last
year.

The majority of the losses can be attributed to the company's cost of paying
various fees required to gain entry into the DTCC. The company is very
optimistic that revenues from iFinix Futures, Inc will continue to increase,
allowing the company to become profitable in the very near future.

iFinix CEO, Benhope Munroe, stated, "The company's revenues are on target to
meet the projected annual increase of 25% compared to 2010. With that said, I am
absolutely committed to uplisting our company to the OTCBB and moving away from
pinksheets. This move should allow re-entry i! nto the DTCC, increase shareholder
confidence, and make the stock m ore attractive to investors."

View Report: http://www.otcmarkets.com/stock/INIX/financials

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. www.ifinix.com
www.proactivefutures.com www.ifinixforex.com www.ifinixsoftware.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
tho! se 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.

SOURCE: iFinix Corporation





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SUBJECT CODE: Computers and Software:Software