JAMAICA, N.Y., Oct. 23, 2007 (PRIME NEWSWIRE) -- iFinix Corp. (Pink Sheets:INXR), today reported its unaudited financial results for the three-month period, ended June 30, 2007.
For the period, the company reported a net loss of $696,153. This loss includes stock-based compensation, a non-cash item, of $20,000 and non operating loss of $338,222.
iFinix Chairman Drew Budhu said, "iFinix is pleased to announce the filing of the financial results for the second quarter of 2007, which ended June 30. This milestone marks the completion of the promise that the company made to its shareholders at the beginning of the year."
"With this filing, iFinix has brought all its filings up to date," Budhu said.
To see the financials, please visit http://www.pinksheets.com/pink/quote/quote.jsp?symbol=inxr
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. Visit http://www.iFinix.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.