Ifinix Corporation (INIX)

[DHANA]

iFinix Corp. Shareholder Update Marketwire   "Press Releases"
WHITE PLAINS, NY -- (MARKET WIRE) -- 10/18/11 -- iFinix Corp (PINKSHEETS: INIX), a provider of real-time financial information and services to active traders and to the securities industry, today announced the following shareholder update.

Upon the advice of legal counsel, the members of the iFinix Board of Directors voted to withdraw the company from the NFA. The company also changed its corporate location and phone number. The new corporate address is 445 Hamilton Avenue , Suite 1102, White Plains, NY 10601 and the new telephone number is 914-358-6409.

Mr. Israel and Mr. Henlon both recently resigned from the Board of Directors in order to pursue personal interests outside of iFinix Corporation . As a result, Mr. Douglas Spadaro has assumed the role of Interim CEO and retains his position as Chairman.

Interim CEO Douglas Spadaro stated, "The company is undergoing a transformation following the resignation of several members of the Board. I want to ensure shareholders that I am evaluating all aspects of the company and will do all I can to move the company forward. I will continue to update shareholders on future corporate activities."