IFinix names Benhope Munroe CEO

Mr. Munroe will also maintain his current position as CFO of the company.

Mr. Munroe comes with an extensive background in accounting and finance. He has held previous positions as senior staff accountant at a major New York newspaper publishing company, and accounting and financial positions in various tax and financial service areas. He holds a Bachelors of Arts degree in accounting and holds a Masters Degree in Management Information Systems from Pace University, NY.

Chairman Doug Spadaro stated, "Ben's appointment to CEO is a great step forward for iFinix. With his expertise we have the strong foundation necessary to take iFinix to the next level and fulfill our strategic plan for the future. I look forward to working with Ben."

Mr. Munroe said, "I am privileged to be offered the opportunity to continue the development of this company. I assure our shareholders that I will dedicate my efforts to complete all the goals and aspirations that had been set forth by our founder Mr. Dhruvanand Budhu. I believe that the company is truly at the threshold of dramatic growth. It is my intention to complete certain previously announced business mergers and acquisitions. We remain active in working towards bringing them to fruition. I am awaiting the final evaluation of our intellectual property assets to complete the company audit, so we can then elevate to fully reporting status. Also, I am currently working with the iFinix management team in identifying qualified individuals to add to our corporate infrastructure and to our board of directors. I will keep our shareholders apprised of any new developments and will always maintain an open line of communication."