iFinix Corp. Shareholder Update
October 18 2011 - 2:36PM
Marketwired
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 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.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
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.
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