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iFinix Corp: iFinix/ProActive Futures Enters Joint Venture

^{Published on 2008-12-08 10:44:27 - Market Wire}
 

GARDEN CITY, NY--(Marketwire - December 8, 2008) - iFinix Corp (PINKSHEETS: [ INIX ]), a provider of real-time financial information and services to active traders and to the securities industry, is pleased to announce that through its wholly owned subsidiary, ProActive Futures, the company has entered into a Joint Venture agreement with Island Forex Trading.

Island Forex Trading, a Commodities Trading Advisor, specializes in trading the fast-growing online foreign currency market. Island provides free in-depth training to all of its traders on a daily basis, and will offer the same service to proactive traders as well.

To date, Proactive has focused its efforts primarily on the Commodities and Futures markets. With Island's infrastructure and trading technology in place, ProActive will now be able to move aggressively into the burgeoning Forex trading market, which accounts for over 3 trillion dollars in daily volume, compared to NYSE volume of 2 billion dollars.

Nicholas Piazza, Island Forex President, stated, "I'm excited about moving forward with ProActive. This partnership allows us to cross market our products to each other's clients, which, I believe is only the tip of the iceberg in terms of the synergy between these two companies."

"In light of the recent migration of investors seeking 'alternative markets' such as commodities and foreign currency, we believe that this is the perfect time to accelerate our business plan," added iFinix CEO Benhope Munroe. "Partnering with an established Forex firm with proven capability will allow us to fast-track the development of our company and enhance our shareholder value."

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 ]

About ProActive Futures

ProActive Futures, based in Plainview, NY, is a full service futures and options brokerage firm that provides professional services to individuals, fund managers and institutions who require leading edge technology to satisfy their trading needs. ProActive Futures offers trading services in Bonds & Interest Rate futures, Currencies, as well as precious metals, energy products and various other commodities. The firm provides trading access to major markets and exchanges across the world including, CME, CBOT, CBOT, NYMEX, EUREX, LIFFE, COMEX, NYBOT. For more information please visit [ www.proactivefutures.com ].

Legal Notice Regarding Forward-Looking Statements:

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.