InvestorsHub Logo
Followers 15
Posts 3406
Boards Moderated 1
Alias Born 05/25/2007

Re: None

Tuesday, 10/18/2011 3:46:08 PM

Tuesday, October 18, 2011 3:46:08 PM

Post# of 131532
News for 'INIX' - (iFinix Corp. Shareholder Update)


WHITE PLAINS, NY, Oct 18, 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 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."

About! iFinix Corp.

iFinix is a diversified information technology se rvices 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.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
those 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 definit! ion 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





Copyright 2011 Marketwire, Inc., All rights reserved.

-0-




SUBJECT CODE: Computers and Software:Internet

Computers and Software:Software

Computers and Software:Networking