UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

FORM 8-K

CURRENT REPORT

Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934

Date of Report (Date of earliest event reported): ~~April 10~~August 7, 2003

IFX Corporation

(Exact name of Registrant as Specified in Its Charter)

Delaware

0-15187

36-3399452

(State or Other Jurisdiction of

Incorporation or Organization)

(Commission file number)

(I.R.S. Employer

Identification No.)

IFX Corporation

15050 NW 79^th Court

Miami Lakes, Florida 33016

(Address, including zip code, and telephone number,

including area code, of registrant’s principal executive offices)

(305) 512-1100

(Registrant’s Telephone Number, Including Area Code)

(Former name or former address, if changed since last report)

ITEM 5. OTHER EVENTS AND REGULATION FD DISCLOSURE.

~~Joel~~On ~~Eidelstein,~~August ~~the Company’s President and Interim Chief Financial Officer~~7, ~~resigned as an officer of the Company on April 10~~2003, ~~2003.~~ IFX ~~and~~Corporation ~~Mr.~~issued ~~Eidelstein entered into~~ a ~~Payment~~press ~~and~~release ~~General~~regarding ~~Release~~stockholder ~~Agreement~~approval ~~on that date. Under the terms~~ of ~~this Payment and General Release Agreement, Mr. Eidelstein’s Current Employment Agreement was terminated. He received~~ a ~~severance~~“going ~~payment of $55,841.66, payable in seven semi-monthly payments and accrued vacation pay of $5,307.75. The Company will provide at~~private” ~~its cost COBRA medical coverage and group life insurance for six months~~proposal. InA ~~addition,~~copy all stock options granted to Mr. Eidelstein become immediately exercisable and remain exercisable for five years. Mr. Eidelstein will continue to receive the right to a bonus if a Liquidity Event occurs by April 10, 2008 and his loans in the principal amount of ~~$30,000 (plus accrued interest) were cancelled. Mr. Eidelstein is prohibited from disclosing confidential information regarding~~ the ~~Company,~~press ~~and~~release is ~~prohibited~~ ~~until~~included ~~July~~as ~~31,~~Exhibit ~~2003 from being involved in any capacity with any business competitive with the Company in the United States, Latin America or in any other market in which the Company is then conducting business~~99.1 ~~Mr.~~to ~~Eidelstein~~this ~~released IFX~~Current ~~from~~Report ~~any~~on ~~claims~~Form ~~he may have against IFX~~8-K.

MrITEM 7. ~~Eidelstein remains~~FINANCIAL aSTATEMENT ~~director~~AND ~~of IFX and has been nominated to continue as a director at the Company’s annual meeting~~EXHIBITS.

Jose Leiman resigned as the Company’s General Counsel and Secretary on April 16, 2003 to accept another employment opportunity. Jak Bursztyn, Chief Operating Officer of the Registrant since January 1, 2003, is now also Secretary of the Registrant.

Exhibit Number		Description of Exhibit
99.1		IFX Corporation Press Release, dated August 7, 2003, regarding stockholder approval of a “going private” proposal.

ITEM 7. FINANCIAL STATEMENT AND EXHIBITS

Exhibit Number		Description of Exhibit
10.1		Payment and General Release Agreement dated as of April 10, 2003 between the Registrant and Joel Eidelstein

SIGNATURES

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

IFX Corporation ~~By: /s/ MICHAEL SHALOM Michael Shalom, Chief Executive Officer~~

~~Date~~By: ~~April~~/s/ ~~24,~~Michael ~~2003~~ Shalom

Michael Shalom,

Chief Executive Officer

Date: August 7, 2003

IFX CORPORATION

EXHIBIT INDEX

Exhibit Number		Description of Exhibit
10.1		Payment and General Release Agreement dated as of April 10, 2003 between the Registrant and Joel Eidelstein
99.1		IFX Corporation Press Release, dated August 7, 2003, regarding stockholder approval of a “going private” proposal.

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