Rigrodsky & Long, P.A. Announces Investigation of INX, Inc.

Rigrodsky & Long, P.A. announces that it is investigating potential claims against the board of directors of INX, Inc.(“INX” or the “Company”) (Nasdaq: INXI) concerning possible breaches of fiduciary duty and other violations of law related to the Company’s entry into an agreement to be acquired by Presidio, Inc. (“Presidio”) in a transaction with an approximate value of $85 million.

Click here to learn more and to discuss your shareholder rights: http://investigations.rigrodskylong.com/inx-inc-inxi/.

Under the proposed agreement, Presidio will acquire all of the outstanding shares of INX for $8.75 per share in cash.

The investigation concerns whether INX’s board of directors adequately shopped the Company to obtain the best price possible for INX’s shareholders before entering into the agreement with Presidio. As recent as August 15, 2011, INX announced record revenues and gross profit for the second quarter of 2011. Indeed, Mark Hilz, INX’s President and CEO, said, “We were very pleased with our revenue performance and overall results for the second quarter. These results were better than the expectations we had when we issued our outlook for the quarter. Our revenue outlook for the second quarter was $105 million to $110 million. Revenue came in higher than our expectations at $116.9 million.”

If you own the common stock of INX and purchased your shares before November 1, 2011, if you have information or would like to learn more about these claims, or if you wish to discuss these matters or have any questions concerning this announcement or your rights or interests with respect to these matters, please contact Seth D. Rigrodsky, Esquire or Noah R. Wortman, Case Development Director, of Rigrodsky & Long, P.A., 919 N. Market Street, Suite 980, Wilmington, Delaware 19801, by telephone at (888) 969-4242, or by e-mail to info@rigrodskylong.com.

Rigrodsky & Long, P.A., with offices in Wilmington, Delaware and Garden City, New York, regularly litigates securities class, derivative and direct actions, shareholder rights litigation and corporate governance litigation, including claims for breach of fiduciary duty and proxy violations in the Delaware Court of Chancery and in state and federal courts throughout the United States.

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