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| INFe, Inc. Launches Technology Services Subsidiary
Falls Church, VA - March 12, 2002 -INFe, Inc. (OTC-BB-INFE), an investment banking and business advisory services company for emerging technology firms, today announced that it has launched a subsidiary-INFe Technologies-that will focus on selling telecommunications equipment and related services to small and medium size businesses, with the added capability to arrange equipment financing to support those sales. tariffe basse negli alberghi di SarvarThe Company has already been selected as a value added reseller (VAR) for a leading manufacturer of telecommunications network equipment and plans to make that formal announcement public within thirty days. INFE has aggressively begun to market this equipment, has obtained purchase orders, and will report on new client sales as they become finalized. Discussions are underway with complementary telecommunications providers, as well as with network designers, installers and integration services firms to add broader marketability and ultimately provide add-on revenue streams from the installed base of clients. Reselling telecommunications hardware and arranging for the financing of those sales will generate a new, recurring revenue stream from the same target business market in which the Company currently operates. INFe's core business services provide an integrated set of financial and advisory consulting programs to accelerate companies on their path to growth through access to capital and eventually positioning to become publicly-traded. "This additional technology product and financial focus is a very good fit for our core business," said Tom Richfield, INFe CEO. "We are already in front of a significant number of companies in the technology sector that not only need our business advisory services, but are in need of key telecommunications gear to operate their own business. Now, not only can we sell telecom equipment to them, we can obtain financing for it. We believe this is a substantial value added service since locating funding sources for these companies is our primary business." The Company reported that the new subsidiary formalizes business activities that began last year. In Q4 2001, INFe arranged a $5.3 million package of equipment and funding for a Miami-based provider of broadband and fixed wireless services. INFe-Technologies will serve emerging businesses requiring telecommunications equipment throughout the continental U.S. The subsidiary is presently selecting leasing and financing companies to support this effort. hôtels TallinnINFe accelerates the growth of emerging technology companies with a portfolio of investment banking and business advisory services known as INFe-StructureTM. From introductions to investment capital resources to strategic positioning to become publicly-traded, INFe services optimize the financial success and shareholder value of a company. For more information, visit www.infe.com.
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| 7787 Leesburg Pike, Suite 200 Falls Church, VA 22043 Phone: 703-734-5650 info@infe.com Home | About Us | Our Team | INFe VentureClub | INFe-Relations | INFe-Technologies | INFe-Human Resources | IT*CareerNet News Releases | Alliance Partners | Contact Us |
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