Ifinix's Software Unit to Develop ``Fastfix'' Maritime Shipping Software.GARDEN CITY, N.Y. -- Ifinix Corp. (PK: INXR) announced that its R&B Computer Systems subsidiary will develop, together with Deep Sea Logistics, Inc., a proprietary online cargo tracking and brokerage software package to meet the needs of the underserved maritime shipping industry. FastFix(TM), will enable maritime shippers to better coordinate routes and delivery. Freight prices agreed upon Adj. 1. agreed upon - constituted or contracted by stipulation or agreement; "stipulatory obligations" stipulatory noncontroversial, uncontroversial - not likely to arouse controversy between chartering parties (shippers) and ship owners are considered to be the best pricing of shipping assets specific to a transaction and are expressed as per metric ton rate. The FastFix(TM) system, through proprietary process (patents pending), offers a comprehensive solution that enables traders, chartering parties and ship owners to fully integrate their disparate processes for the benefit of: 1) Planning the shipments 2) Minimizing the capital blocked in a specific transaction 3) Timing the launch of letter of credit 4) Managing the currency risks 5) Managing Production risks 6) Commodity pricing risks 7) Timing the sourcing of appropriate ships 8) Negotiating charter party terms 9) Facilitating high level transparency (1) The quality of being able to see through a material. The terms transparency and translucency are often used synonymously; however, transparent would technically mean "seeing through clear glass," while translucent would mean "seeing through frosted glass." See alpha blending. of the voyage VOYAGE, marine law. The passage of a ship upon the seas, from one port to another, or to several ports. 2. Every voyage must have a terminus a quo and a terminus ad quem. process 10) Assisting in efficient deployment and re-deployment world merchant fleet Upon completion of the software development, IFNI and Deep Sea Logistics intend to form a joint venture Delaware corporation A Delaware corporation is a corporation chartered in the U.S. state of Delaware. Delaware is well known as a corporate haven, and thus, over 50% of US publicly-traded corporations and 58% of the Fortune 500 companies are incorporated in the state. to manage the resulting intellectual property, licensing agreements and customer service. About Ifinix Corp. Located in Garden City, New York Garden City, New York is a village in central Nassau County, New York in the USA, which was founded by multi-millionaire Alexander Turney Stewart in 1869. The village is located 18.5 miles to the east of mid-town Manhattan, on Long Island. , Ifinix Corp. provides direct-access, real-time trading and information systems to financial services The examples and perspective in this article or section may not represent a worldwide view of the subject. Please [ improve this article] or discuss the issue on the talk page. companies. Its global IT solutions and services subsidiary, R&B Computer Systems, Inc., provides Web design, execution and maintenance, e-business solutions and enterprise-wide software for large and small organizations. Its subsidiary, R&B Software Solutions is a leader in the Indian market, providing businesses with systems integration, network integration, software solutions and IT services. About Deep Sea Logistics Inc. Deep Sea Logistics Inc. (a Delaware Corporation), operating as shipbrokers, facilitates global trade between exporters and importers. Its integrated sourcing of ships via global network of over 1500 shipbrokers and ship owners located in 65 countries enables importers and exporters to operate more effectively and profitably in the complex international trade. Its core strengths are in identifying; negotiating, sourcing and recommending appropriate transportation solutions for the benefit of bulk shippers trading in commodities such as iron ore, manganese manganese (măng`gənēs, măn`–) [Lat.,=magnet], metallic chemical element; symbol Mn; at. no. 25; at. wt. 54.938; m.p. about 1,244°C;; b.p. about 1,962°C;; sp. gr. 7.2 to 7. ore, steel, steel scrap, cement, grains etc. For further information please visit http://www.deepsealogistics.com. Deep Sea Logistics Inc. is located in New York City New York City: see New York, city. New York City City (pop., 2000: 8,008,278), southeastern New York, at the mouth of the Hudson River. The largest city in the U.S. since its inception in 1997. SAFE HARBOR Safe Harbor 1. A legal provision to reduce or eliminate liability as long as good faith is demonstrated. 2. A form of shark repellent implemented by a target company acquiring a business that is so poorly regulated that the target itself is less attractive. STATEMENT Safe Harbor Statement under Private Securities Litigation Reform Act The Private Securities Litigation Reform Act of 1995 (PSLRA) implemented several significant substantive changes affecting certain cases brought under the federal securities laws, including changes related to pleading, discovery, liability, class representation and awards fees and of 1995: The statements contained in this release which are not historical facts may be deemed to contain forward looking statements with respect to events, the occurrence of which involves risk and uncertainties including, without limitations to; demands and competition for the company's products and services, the availability to the company of adequate financing to support its anticipated activities, the ability of the company to generate cash flow and manage its operations. |
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