INNX Infinite Networks Corporation (CE)

Infinite Networks Corporation�s (Pink Sheets: INNX) President/CEO, Mr. John Bush, announced today the establishment of Cosmic Energy Corporation as a wholly owned subsidiary of Infinite Networks Corporation. Infinite Network Corporation has continued to seek out and explore new technologies in power generation, engine efficiencies and alternative energy sources. After a trip to China in late 2006, where meetings were held at Tsung University, the Board made the decision to continue to pursue new technologies beyond CET. Cosmic Energy Corporation was formed to establish a new focus approach to research, develop, and take to market new energy opportunity business avenues. President Bush, in his State of the Union Address, stated: ��the way forward is through technology�. We must continue changing the way America generates electric power, by even greater use of clean coal technology, solar and wind energy, and clean .. with battery research for plug-in and hybrid vehicles, and expand the use of clean diesel vehicles and biodiesel fuel � new methods of producing ethanol using everything from wood chips to grasses, to agricultural wastes...� In an interview Mr. Bush, President/CEO of Infinite, stated, �Our meetings in China opened our eyes as to the many opportunities in the future of energy sources. The future of developing new energy derivatives entails the new 'buzz words', known as Cosmic Energy. These alternative energy sources will be paramount in everyone�s future, specifically over the next five years. We have over five years of work in alternative energy sources touching on almost every area that President Bush addressed in the State of the Union.� Infinite management intends to look for new opportunities to enhance shareholder values. The acquisition of CET in 2006 was only the start. Management of Infinite has determined that the formulation of Cosmic Energy Corporation will aid in actively pursuing these �new energy� technologies. Mr. Don Miller, Infinite�s Board of Directors Chairman, has agreed to take on the role as Chairman/ CEO of Cosmic Energy Corporation and bring immediate focus to this new group. Infinite Networks Corporation markets High Efficient Advance Technology �H.E.A.T.� through CET, LLC for the global Automotive and Marine/Boating industries. This release contains forward-looking statements that are made pursuant to the safe harbor provisions of the Securities Litigation Reform Act of 1995. Some of the statements contained in this press release include forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended (the "Securities Act"), and Section 21E of the Securities Exchange Act of 1934, as amended (the "Exchange Act"), that involve substantial risks and uncertainties. Some of the forward-looking statements can be identified by the use of words such as "anticipate," "believe," "estimate," "may," "intend," "expect," "will," "should," "seeks" or other similar expressions. Forward-looking statements are based largely on management's expectations and involve inherent risks and uncertainties. These risks include, but are not limited to, the demand for implementation of Infinite Networks Corporation services and the ability of the company to successfully implement its strategies, each of which may be impacted, among other things, by economic and/or competitive conditions. You should not place undue reliance on any forward-looking statement, which speaks only as of the date made. Many of these factors are beyond our control. The Company cautions that the foregoing factors are not exclusive.