iFinix Corp. Appoints Douglas Hugh Spadaro as President of iFinix Futures
August 14 2008 - 10:30AM
PR Newswire (US)
GARDEN CITY, N.Y., Aug. 14 /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 appointed Douglas Hugh Spadaro as
President of its' subsidiary iFinix Futures. Mr. Spadaro brings
with him over twenty five years experience in both management and
financial services, including Managing Director and Commodities
Trading Advisor at the Paget Group and White Hall-Hampton. Mr.
Spadaro holds a Bachelor of Science degree in Finance and Micro
Economics. Mr. Spadaro stated "I am privileged to be appointed to
this new position under the iFinix banner and look forward to
building iFinix Futures. iFinix Futures is a stand alone company
with an asset base of over $300,000, a three year history of
profitability, with audited financials and net capital requirements
governed by the National Futures Association. Our vision is to
develop iFinix Futures into a major player in the burgeoning
futures and commodities marketplace, which does over 2 trillion
dollars in volume daily, approximately 10 times greater than that
of NYSE. In order to accomplish the goals set forth by the company,
we are immediately bringing on board an experienced, seasoned team
of futures traders. With Commodities and Futures becoming a
thriving force in today's economy, I believe that iFinix Futures
has the potential to eclipse all other aspects of the company's
development to date." 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: 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: iFinix Corporation Investor Relations 516-504-3981 x301
DATASOURCE: iFinix Corp. CONTACT: Investor Relations of iFinix
Corp., +1-516-504-3981, ext. 301 Web Site: http://www.ifinix.com/
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