TYSONS CORNER, Va., May 21, 2013 /PRNewswire/ -- InferX Corporation (OTC/PK:NFRX) is pleased to announce the appointment of Robert M. King as a new member of the InferX Management Advisory Board. Mr. King is a skilled senior executive in creating new revenue- producing lines of business as well as delivering products. Mr. King brings significant experience in Cybersecurity, Big Data Analytics, SaaS including end-to-end systems integration which is a key element within InferX's upcoming rollout of its Release 2.0 predictive analytics product suite.
Mr. King brings extensive knowledge of social media and open source in the Intelligence community, with a demonstrated track record of success at both Fortune 50 companies and start-up environments. Mr. King has worked with a wide range of leading companies including Motorola, SAIC, Vulcan Inc, General Instrument, Magis Networks, Claria and Prodyx, Inc. Mr. King will assist InferX in developing several targeted predictive analytics solutions for its planned new Global Analytics Cloud family of internet-based services.
The new appointment further complements InferX's existing Management Advisory Board. InferX expects to make additional appointments to its Board of Advisors in the near future.
InferX pioneered and commercialized a powerful, proprietary suite of predictive data analysis technologies and tools. InferX has two patents issued for its real time, distributed predictive analytics and business intelligence system.
"Developing innovative new solutions to improve performance, reduce costs, increase revenues and even help save lives- that is how next generation analytics is driving today's IT revolution." said Paul B. Silverman, InferX CEO and President. "We are changing traditional rules of market, strategy, and operations analysis, driving economic growth, and creating exciting new opportunities. Bob King brings excellent experience and I am pleased he has agreed to join the InferX team and welcome his support," said Silverman.
About InferX Corporation
InferX 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 Tysons Corner, VA. For more information go to the InferX website www.inferx.com
Certain 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 12/31/11 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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