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Ifinix's Software Unit to Release First Version of the ''FastFix'' Maritime Shipping Software.


NEW YORK New York, state, United States
New York, Middle Atlantic state of the United States. It is bordered by Vermont, Massachusetts, Connecticut, and the Atlantic Ocean (E), New Jersey and Pennsylvania (S), Lakes Erie and Ontario and the Canadian province of
 -- Ifinix Corp. (PK: INXR) together with Deep Sea Logistics, Inc., will release today Version 1 of it's FastFix proprietary online cargo tracking and brokerage software package designed to meet the needs of the underserved maritime shipping industry. (www.fastfixinx.com)

When asked to comment on the release, Ifinix C.E.O., Douglas Hugh Spadaro said, "The development of FastFix has shown the versatility of our R&B unit in venturing into other software development areas outside of the financial industry. With the release of subsequent versions of this software, FastFix will be able to attain its full functionality. FastFix(TM) will create an easy to use online environment which will enable maritime shippers to better coordinate routes and delivery."

The FastFix(TM) system, through proprietary process (patents pending), offers a comprehensive solution that enables traders Traders

Individuals who take positions in securities and their derivatives with the objective of making profits. Traders can make markets by trading the flow. When they do this, their objective is to earn the bid/ask spread.
, 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 of the voyage process
10) Assisting in efficient deployment and re-deployment world merchant
    fleet


Ifinix and Deep Sea Logistics have formed 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 Jamaica, New York, Ifinix Corp. provides direct-access, real-time 1. real-time - Describes an application which requires a program to respond to stimuli within some small upper limit of response time (typically milli- or microseconds). Process control at a chemical plant is the classic example.  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 cement, binding material used in construction and engineering, often called hydraulic cement, typically made by heating a mixture of limestone and clay until it almost fuses and then grinding it to a fine powder. , 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.
COPYRIGHT 2006 Business Wire
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 2006, Gale Group. All rights reserved. Gale Group is a Thomson Corporation Company.

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Publication:Business Wire
Date:Feb 7, 2006
Words:512
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