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ARSC Engages NW Group for Acquisition
American Security Resources Corporation (OTCBB:ARSC) announced that it has engaged NW Financial Group, LLC of Jersey City, NJ, (http://www.nwfinancial.com) to arrange financing for certain acquisitions and development of ARSC’s wind power and hydrogen fuel cell technologies. Bob Farr, President and COO of ARSC, stated, “NW Financial Group is an expert in the industrial development bond sector. This type of funding will be used to acquire the wind turbine companies. With certification assured we plan to build and equip a fuel cell membrane manufacturing and assembly facility and a wind turbine plant. We can include funds for working capital, R&D and inventory, and do it all under very favorable terms. This is the best method of financing we’ve found and it’s completely non-dilutive.”
NW Financial Group, LLC
NW Financial is a Jersey City based diversified financial services firm. NW Financial’s corporate finance team is dedicated to providing the most appropriate and cost effective financial solutions to public and private middle market companies that are underrepresented in the financial markets.
American Security Resources Corporation
ARSC is a holding company actively seeking to acquire and develop clean energy companies and technologies. ARSC’s Hydra Fuel Cell subsidiary has developed a high volume, mass producible hydrogen fuel cell. Its American Hydrogen Corp. subsidiary is developing an inexpensive method to produce hydrogen from ammonia. ARSC’s newly formed American Wind Power Corp. will be developing residential scale wind turbines based on the patented Noble Wind Turbine design. It also has an LOI to acquire additional wind power capabilities. For more information, please see: http://www.americansecurityresources.com
ARSC is a component of the Ludlow Energy SmallCap Index http://www.ludlowcapital.com/indices.
Safe Harbor Statement
This news release contains certain “forward-looking statements” within the meaning of Section 27a of the Securities Act of 1933 and Section 21e of the Securities Exchange Act of 1934. Although the Company believes the expectations reflected in such forward-looking statements are reasonable, it can provide no assurance that actual results will meet or exceed such expectations.
American Security Resources Corporation, Houston
Frank Neukomm or Bob Farr, 713-465-1001
info@amsrcorp.com
iFinix Corp. Starts Second Round of TV Advertising for Its RealTime Information Platform
Ads Appearing on CNBC, CNN, MSNBC and Bloomberg Television; iFinix Shareholders, as of June 19, Must Apply for Their Free Three-Month Subscription
JAMAICA, NY--(MARKET WIRE)--Jul 25, 2007—iFinix Corp. (Other OTC:INXR.PK - News), a provider of real-time financial information and services to active traders and to the securities industry, announced that the second phase of its television advertising campaign to introduce its RealTime Information Platform starts today on CNBC, CNN, MSNBC and the Bloomberg Television Network.
The 30-second television spot is the core of iFinix advertising campaign to promote its suite of products including iFinix RealTime Information Platform, iFinix Trader and eFinix offering streaming, real-time market data, news and analytics to active individual investors.
iFinix also reported that shareholders of record, as of June 18, are still eligible for a three-month free subscription to the RealTime Information Platform. Interested shareholders must send their first and last names, email address and mailing address with a request to shareholder@ifinix.com.
iFinix Chairman Drew Budhu said, “iFinix is focused on using television spots on financial cable networks that millions of traders and investors view daily that are motivated to use our financial products providing the most timely and accurate pricing and volume data available for microcap stocks.”
The ad is scheduled to appear CNBC, with a subscription base of 690,000 in the New York-Manhattan area alone, plus more than ten thousand corporate offices as well as on MSNBC and CNN. iFinix will also run TV spots on the Bloomberg Financial Network, a twenty-four hour business and financial news channel. In the U.S. alone, the Bloomberg campaign, with an average reach of over 40,000 households per spot, is scheduled at a frequency level designed to deliver over two million iFinix impressions in its initial advertising buy.
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:
Contact:
iFinix Corporation
Investor Relations
516-504-3981 x301