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iFinix Adds "Man of Vision" To Board


News provided by

iFinix Corporation

Oct 17, 2013, 11:02 ET

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HARRISON, N.Y., Oct. 17, 2013 /PRNewswire/ -- iFinix Corp (PINKSHEETS: INIX), a diversified information technology services and solutions company with holdings that include several subsidiaries, today is pleased to announced the appointment of Mr. Vince Vellardita to its Board of Directors.

Mr. Vellardita, current CEO of Paradigm Oil and Gas, has enjoyed a distinguished, 35 year career as a successful and highly respected, top level executive in various industries.  Vellardita first made his mark in the music business where he worked with artist that ranged from U2 to Michel Legrand and the Beach Boys.  He produced more than 200 concerts and live events, including Superbowl specials and presidential campaign benefits, and was responsible for a number of successful stage productions that headlined venues from Las Vegas to Broadway.

Mr. Vellardita established himself as a major player in the film and television industry, building a company that amassed 20 sound stages and vast support resources to become one of the largest and most successful independent studio operators in the United States.  For more than a decade, Mr. Vellardita established and maintained successful partnerships with major studios (Paramount Pictures, Warner Brothers and Disney) and was responsible for the production of thousands of movies and television shows including CBS's "J.A.G." and Fox's "Power Rangers."  A pioneer, Mr. Vellardita bought his first television station in Nashville, TN and turned it into a highly successful national network with 35 affiliates.  Subsequently he had similar success in his next venture, purchasing a TV network with only 30 affiliates and tripled its size to 90 affiliates and 34 million homes in just 2 years.

Eager to undertake his new responsibilities, Mr. Vellardita stated, "It's exciting to join this experienced and dynamic team.  I look forward to being part of such a vibrant company with such immense potential for growth."  Vellardita's excitement over his appointment was met with equal enthusiasm from the Company's Chairman Doug Spadaro who added, "We are privileged and honored to have someone with Vince's credentials on our board of directors.  He is known to be a man of vision.  A man who takes his vision and makes it reality."  Vellardita confirmed plans to attend an upcoming meeting of the Board of Directors to discuss the details of several strategic initiatives planned for the 4th quarter 2013.

Contact
iFinix Corporation
Investor Relations
888-429-1117

About iFinix Corp. 
iFinix Corporation is a consulting and management holdings company that consists of several subsidiaries. Our people combine expertise in systems integration, outsourcing, infrastructure, server technology and consulting with precision thinking and relentless execution to help clients. iFinix is developing 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. www.ifinix.com www.buildmasters.us.

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. 

SOURCE iFinix Corporation

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