Infodata Systems Inc. announced it has entered into a letter of intent with Redknife, an emerging Silicon Valley e-commerce services company, to develop and implement a comprehensive systems infrastructure for processing and exchanging business transactions over the web. The system will be powered by Infodata’s “E-hub” XML-based application framework technology. Infodata’s e-commerce initiatives, such as Redknife, complement its earlier investment in, a privately held B2B e-commerce company that is based in Mt. View, California and is creating efficient markets for products and services. Infodata is a minority seed stage investor in along with a number of individuals that are leaders in the Internet industry.