Infinite Networks Corporation (Pink Sheets: INNX) CET, LLC, a wholly owned subsidiary, announced today that the first engine test was very successful. The announcement was made by John W. Bush, President of Infinite Networks Corporation. In an interview Don Miller, Chairman of Infinite stated, "When the race started the Fountain Boat using the CET Technology was immediately a half a mile ahead, it was like the rest of them forgot to start. Everyone watching was in complete amazement by the display of power using the CET technology. The technology is proven; the power was overwhelming and having mechanical problems is just part of racing." The enclosed article released by The Washington Daily News article on August 8, 2006 written by Lawrence Keech, Staff Writer tells the story. -0- *T Tuesday, August 8, 2006 Local News Faulty oil canister crushes Roses' run By Lawrence Keech, Staff Writer It wasn't quite what Team Fountain wanted, far from it actually, but Fountain Powerboats President David Knight still had excitement in his voice, despite a breaking on the first lap and finishing second in the touted Super-Vee Unlimited class, during Sunday's fifth annual Fountain Powerboats Grand Prix. Knight's boat featured new adiabatic engines, which nearly doubled all output levels, and, at the start of the race, proved his claims of how fast it would go. The Rio Roses shot out to more than a half-mile lead over all the other boats, but a small problem, external of the engine, caused early retirement. "I thought the weekend was successful because of what we learned," Knight said. "The first lap we were going away from everybody and had a half-mile lead, and I wasn't even running it hard. I was cruising for the first few laps and wasn't planning to throw the hammer down until about lap 10 to show what this boat was truly capable of." As it turned out, however, Knight said an oil canister came off the engine on the back stretch of the first lap and drained all the lubrication causing them to pull up and ended their chances. "We are using new technology with these engines and it's going to take some time to fine tune it," Knight said. "With any thing there is a weak link and it's matter of taking the time to find it. We've found it, and we know what to fix for next time. And, despite limping back to the start/finish line to complete the first lap, the boat averaged 101 mile per hour -- five mph faster than any other on the day. "One that first lap, we were running between 160 and 170 and I was taking it easy," Knight said. "We can take the world record at any moment we wish now. We are extremely happy, and the first lap proved what we can do now." Not to be overshadowed by Knight's speed, was Cintron, which was the only Super-Vee Unlimited boat to finish the race, with an average speed of 79.84 miles per hour. BTM Marine ran unchallenged in Superboat, as did Platinum, Relentless, and Crazy Chicken in their races. Lucas Oil claimed the Super Vee title with Learning to Race winning Super Cat. Catattack narrowed out Miccosukee Indian Gaming in the Superboat Stock race. Team Extreme won Factory 1; Plantation won Production 3 and D&M won Production 4. *T Infinite 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.
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