INFERX CORPORATION UNDAMAGEDS UNION WITH THE IRUS GROUP
InferX Corporation (Pink Sheets: NFRX) currently voiced which it has finished a partnership stipulate with commercial operation comprehension consulting as well as services organisation The Irus Group, Inc. The joined entity will go upon to be well known as InferX Corporation. Both firms had sealed a Memorandum of Understanding (MOU) in Nov 2008 to mutually aspire to stipulate opportunities with supervision agencies, monetary services as well as healthcare firms.
The partnership with The Irus Group has already started to deliver InferX record as well as solutions to a wider bottom of prospects. Since 1996, The Irus Group has emerged as a star consulting organisation in a planning, doing as well as expansion of formidable Business Intelligence (BI) as well as Corporate Performance Management (CPM) solutions. Irus has successfully implemented projects opposite a extended cross-section of clients in a Government, Financial Services, Retail, Manufacturing, as well as Telecommunications markets. Irus has supposing commercial operation solutions for a blue-chip list of clients which includes MasterCard, JP Morgan Chase, ConAgra, US Navy, US Army, as well as US Air Force. The Irus Group had started introducing InferX solutions to these accounts as well as most of a record partners given a MOU was signed.
"Now which a partnership is completed, you demeanour brazen to accelerating a marketing, sales, as well as product expansion efforts in sequence to pierce a subsequent era solutions to market," pronounced B.K. Gogia, InferX Executive Chairman & Founder. "We have used a final multiform months to deliver a solutions to a Irus Group patron base, which includes Fortune 500 companies with vicious operational requirements, to illustrate upon condition which a brand brand brand new patron bottom for InferX solutions. We have been really speedy by a accepting to a solutions."
Irus had revenues of $4,707,925 as well as had an handling detriment of $204,146 for a year finale Dec 31, 2008. The post-merger combined income for InferX from Jan 1, 2009 by Aug 31, 2009 was $4,973,172 with net income of $250,271. Irus is in a center of multiform IBM/Cognos TM1 implementations for a US Navy as well as alternative sovereign agencies. In 2010, InferX expects an enlarge in revenues as well as increase due to a brand brand brand new supervision group as well as focused execution plan upon delivering quantifiable worth to a existent Irus clients as well as brand brand brand new clients in a marketplace sectors listed below.
Vijay Suri, CEO & Founder during The Irus Group as well as right away CEO of InferX, said, "This partnership is a undiluted expansion for The Irus Group formed upon a successful bequest in a Business Intelligence as well as Corporate Performance Management fields. There is a outrageous need in a marketplace for Predictive Analytics solutions which assistance companies answer vicious commercial operation questions about their financial, marketing, sales, as well as operations processes."
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