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INX Announces Consummation of $9.9 Million Registered Direct Offering of Common Stock to Institutional Investors
 INX Inc. announced today that it has consummated the previously announced offering to sell up to 900,000 shares of its common stock to certain institutional investors at $11.00 per share. The offering resulted in gross proceeds of approximately $9.9 million, before deducting placement agent fees and estimated offering expenses, in a "registered direct" offering. Raymond James & Associates, Inc. acted as the sole placement agent for the transaction.
This press release does not and shall not constitute an offer to sell or the solicitation of an offer to buy, nor shall there be any sale of these securities in any state or jurisdiction in which such offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any such state.
INX Inc. is an information and communications technology infrastructure solutions firm delivering "Business Ready Solutions" to enterprise organizations. We offer a suite of advanced technology solutions focused around the entire life-cycle of enterprise network and data center infrastructure.
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