GARDEN CITY, N.Y., June 23 /PRNewswire-FirstCall/ -- iFinix Corp. (Pink Sheets: INIX), a provider of real-time financial information and services to active traders and to the securities industry, announced today that it has named Douglas Hugh Spadaro as the new chairman of the company. Mr. Spadaro was previously the chief executive officer of the company.

Mr. Spadaro brings close to thirty years' experience in both management and financial services. Mr. Spadaro has held management positions in such companies as Citicorp, ABN/AMRO and Paget Group. Mr. Spadaro has a B.S. in Finance and Micro Economics.

Doug Spadaro said, "I am honored to be asked to serve as the chairman of the company, I would like to inform our shareholders that the company is stable and we will continue to work on completing the tasked we had set for this year and to carry on the legacy of our founder Mr. Dhruvanand Budhu."

The company's Board of Directors will meet and decide on filling the various positions opened.

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.

Contact: Investor Relations


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SOURCE iFinix Corp.