STERLING, Va., Aug. 17, 2011 — -- InferX Corporation (OTCQB: NFRX) announced today that it has appointed Ben Chou as Director of Sales. As a nationally recognized technology sales leader, Ben has successfully led sales teams into the largest Fortune 200 companies in the world and has been instrumental in driving explosive sales growth of evolving technology products. Mr. Chou joins the InferX Team with over 15 years of products and solution sales and experience in managing sales teams.
"I am thrilled to join InferX in launching their products worldwide. It is an exciting opportunity. With my recent past experience in healthcare and financial services industries, I fully appreciate the need for companies to make sense out of their massive amounts of data. Our patented products and solutions will give companies in these industries the edge to be more profitable. InferX's solutions provide that unique competitive advantage by identifying the real time 'unknown unknowns', " said Ben Chou.
Vijay Suri, President & CEO of InferX Corp, said, "We're excited to have Ben lead and expand our sales efforts. His strong sales skills and focus on the customer, coupled with our patented predictive analytical solutions will lead us to greater successes. This addition to the team is a milestone for the company's growth plan. We will continue our efforts to expand and capitalize on the multi-billion dollar predictive and advanced analytics marketplace. Ben's skills as a sales innovator will help InferX tremendously at a time when we seek to satisfy the huge demand for predictive analytics."
About InferX CorporationInferX is the market leader in next generation distributed Predictive Analytics and Business Intelligence Products and Solutions. InferX has pioneered and commercialized a powerful, patented suite of advanced data analytical solutions that improve corporate performance across the enterprise in the healthcare, financial services, and government markets. InferX is uniquely capable of delivering secure, real-time, and privacy preserving intelligence and decision support — all without the need to move data. InferX is headquartered in Sterling, VA.
Forward-Looking StatementsCertain statements above, in press releases and NFRX officials oral statements are "Forward-Looking Statements" (FLS) according to the Private Securities Litigation Reform Act of 1995 (the "Act"). FLS include statements predictive in nature, depending upon or referring to future events / conditions, including words like "believes," "anticipates," "intends," "plans," "expects," and similar expressions. Statements concerning future financial performance (revenues, earnings, and growth rates), ongoing business strategies / prospects, and future actions, which may be provided by management, are also FLS as defined by the Act. The actual and any future results, performance or achievements of the Company, expressed or implied, may be materially different and vary significantly for different reporting periods due to FLS that involve known and unknown risks and other factors. See InferX's 10-K for 12/31/09 for a discussion of those risks. Management believes that the assumptions made and expectations reflected in the FLS are reasonable. There is no assurance that the underlying assumptions will prove to be correct and the actual future results may be different from expectations expressed above. These statements are not guarantees of future performance. NFRX has no specific intention to update these statements.
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