Wide and cheap availability of cloud-based media services is upon us. With the transformations these services are already bringing to the consumption of music, video and interactive media, change has likewise come to professional workflows. Documents in 2012 are read, written, collaborated on, and distributed anywhere an Internet-enabled device can reach – which is to say, everywhere.
In his session at the 10th International Cloud Expo, Christopher Kenneally, Director of Business Development a...| By Marketwire . | Article Rating: |
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| July 10, 2007 12:30 PM EDT | Reads: |
1,572 |

JAMAICA, NY -- (MARKET WIRE) -- 07/10/07 -- iFinix Corp. (PINKSHEETS: INXR) a provider of real-time financial information and services to active traders and to the securities industry, announced today it has signed a letter of intent with Legend Securities, Inc. ("Legend"), a New York City-based securities broker/dealer, Member NASD/MSRB/SIPC, to license its iFinix RealTime Information Platform.
iFinix RealTime is a desktop information platform that supplies streaming quotes of the most timely and accurate pricing and volume data available for microcap stocks today.
iFinix's Chairman, Drew Budhu, said, "Legend Securities, which is a full service independent broker/dealer that provides trading and brokerage services to institutional, active trading and retail clients, is the first of an expected army of securities firms that will be offering their clients iFinix's quality information on microcap stocks that is simply not available elsewhere."
Legend's CEO, Anthony Fusco, said, "We are eagerly anticipating introducing our clients, who trade in microcap stocks, to the timely and accurate iFinix RealTime Information Platform data. I am sure they will be happy with the excellent functionality that this platform offers all microcap market participants."
Under the terms of the agreement iFinix will provide computer software for its electronic securities information platform to Legend, which has agreed to introduce iFinix's trading platform to its potential customers and existing clients.
As Legend experiences increased trading volume, their clients (broker/dealers, institutions, hedge funds, and active traders), will benefit as a result of using the iFinix RealTime Information Platform in the form of lower price per ticket.
Upon completion of this letter of intent, both parties, iFinix and Legend, will complete a non-disclosure and confidentiality agreement.
About Legend Securities, Inc.
Legend Securities, Inc. is a Full Service Securities Brokerage Firm, Member NASD, MSRB, SIPC, providing services to individual as well institutional clients. The company's products range from stocks, options, and fixed income instruments to life insurance products. We specialize in providing a broad range of services to the individual and institutional client. Legend's management is has over 50 years of COMBINED experience in the Financial Services and Securities Industry.
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:
iFinix Corporation
Investor Relations
516-504-3981 x301
Contact:
Legend Securities
Anthony Fusco
39 Broadway (Suite 740)
New York, NY 10006
212-344-5747
Published July 10, 2007 Reads 1,572
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Wide and cheap availability of cloud-based media services is upon us. With the transformations these services are already bringing to the consumption of music, video and interactive media, change has likewise come to professional workflows. Documents in 2012 are read, written, collaborated on, and distributed anywhere an Internet-enabled device can reach – which is to say, everywhere.
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With Cloud Expo 2012 New York (10th Cloud Expo) just four months away, what better time to start introducing you in greater detail to the distinguished individuals in our incredible Speaker Faculty for the technical and strategy sessions at the conference...
We have technical and strategy sessions for you every day from June 11 through June 14 dealing with every nook and cranny of Cloud Computing and Big Data, but what of those who are presenting? Who are they, where do they work, what else h...
Cloud is a shift from the focus on underlying technology implementation to leveraging existing implementations and further building upon them. Cloud orchestration or a network of clouds is the wave of the future where these clouds can operate with elasticity, scalability, and efficiency. Effective service management is an important aspect of managing such networks. The transition to the cloud will enable the further aggregation of composite web services and enhanced business-to-business capabili...
I've been working on Enterprise Cloud Strategy and in the course of this work identified some interesting and non-obvious opportunities in the Cloud.
One solution I’ve examined is the well-crafted solution that is enStratus. enStratus has built a SaaS Cloud Management / Governance product focused on providing critical management, monitoring, governance capabilities tailored to the needs of the Global 2000 market, rather than the startup market. As I have worked with a current Fortune 500 clie...
With Cloud Expo 2012 New York (10th Cloud Expo) now under four months away, what better time to start introducing you in greater detail to the distinguished individuals in our incredible Speaker Faculty for the technical and strategy sessions at the conference...
We have technical and strategy sessions for you every day from June 11 through June 14 dealing with every nook and cranny of Cloud Computing and Big Data, but what of those who are presenting? Who are they, where do they work, what e...
"Having been in the IT field for many years, I believe the cloud computing chapter in the industry is an exciting one and I am proud to be a part of it," said National Reconaissance Office (NRO) Chief Information Officer Jill T. Singer Tuesday, as it was announced that she was one of 10 winners of the 2012 CloudNOW "Top Ten Women in Cloud" Awards.
2011 was a year of rapid adoption for public and private cloud services. Instant and on-demand server provisioning was the driving force behind the massive growth. On top, cloud server templates and script automation simplified application installation for simple and pre-defined application stacks, but have not targeted more complex enterprise application environments.
In his session at the 10th International Cloud Expo, John Yung, CEO of Appcara, will discuss how 2012 will be the year for app...
As more enterprises are adopting clouds, the nature of cloud computing is changing. Previously, clouds were used to test applications or for non-mission critical applications. Today, enterprises are using clouds for cost-saving advantages and launching more mission critical applications that have defined performance needs.
In his session at the 10th International Cloud Expo, Eric Shepcaro, CEO and Chairman of the Board of Telx, will discuss how distributed computing has many advantages. It wou...
Building a cloud computing environment with on-demand access to compute, network, and storage resources requires an elastic infrastructure at multiple levels. Virtualization combined with x86 servers has transformed the way we scale out compute resources. Unfortunately, legacy Fibre Channel and iSCSI storage architectures are rooted in rigid mainframe-era designs, and are fundamentally mismatched with the dynamic, shared modern data center.
In his session at the 10th International Cloud Expo, ...
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