INNX Infinite Networks Corporation (CE)

Infinite Networks Corporation (Pink Sheets: INNX) today issued a clarification of its previously announced stock dividend, a pay-out dividend related to the planned spin-off of the Company�s media and communications division known as Eller Industries, Inc. The March 6, 2007 press release was intended to clarify to Infinite shareholders who owned free trading shares must retain ownership through the close of market as of Friday, March 23, 2007 to retain dividend rights. As stated in the previous press release, �According to NASDAQ, all trades through the close of business (market close) on Friday, March 23, 2007, carry the right to receive this distribution. On Monday, March 26, 2007, the security begins to trade without the right to receive.� The record date that was established February 28, 2007 is only for Infinite shareholders of record, not shares in street name. This is different than the shares traded through the OTC�Pink on a daily basis. If you have sold your INNX shares on the OTC�Pink sheet prior to the close of market Friday, March 23, 2007 you will not have dividend rights to the ELRI shares. In an interview, John Bush, president and CEO of Infinite Networks, stated, �The original dates have not changed. The confusion comes from understanding an effective date that NASDAQ establishes to handle the free trading shares is different than the Infinite shareholders of record date.� 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.