ROCHESTER, N.Y., Sept. 5, 2006 (PRIMEZONE) -- Infinite Group, Inc. (OTCBB:IMCI) has been awarded a multiple award contract under the State of North Carolina's Information Technology Services (ITS) program. The intent of the State's ITS multiple award contract is to develop formal relationships with pre-qualified vendors in order to facilitate the State's procurement of information technology services. Anticipated beneficiaries of the contract include state agencies, community colleges, public institutions, counties, municipalities, public schools, and other state and local government entities.
This contract award furthers IGI's growth strategy by creating the opportunity to expand its state and local practice in the Southeast U.S. The flexibility and user-friendliness of the State's procurement processes should favor IGI's marketing initiatives. To further that effort, IGI recently established local offices in Charlotte and Greensboro. Michael Smith, IGI's President and Chief Executive Officer, commented: "The Technical Services Contract demonstrates the State's forward-thinking business processes, which streamline and simplify typically complex and time consuming acquisitions, so that constituents receive more value for their tax dollars more quickly."
About Infinite Group, Inc.
IGI provides business and technology solutions, portfolio, program and project management, communications interoperability, network services, information sharing and biometric technologies to federal, state and local governments, as well as commercial clients. IGI is an expert in designing and aligning business processes with technology, for the delivery of tailored solutions that meet clients' needs. With offices in Pittsford, New York, Vienna, Virginia, Jackson, Mississippi and Charlotte and Greensboro, North Carolina, IGI is able to facilitate and execute mission-critical business solutions for our national and regional clients. IGI provides these services through direct prime contracts, as well as in association with selected Systems Integrators. Additional information on IGI can be found at www.us-igi.com.
Forward-Looking Information:
This news release may include statements that may constitute "forward-looking statements," including estimates of future business prospects or financial results, including the prospect of procuring orders with the State of North Carolina, as to which there is no assurance. Any forward-looking statements herein are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. There are many factors that could cause actual results of Infinite Group, Inc. (IGI) to differ materially from forward-looking statements. Please refer to a discussion of these factors in the Company's Annual Reports on Form 10-KSB, Quarterly Reports on Forms 10-QSB and other Securities and Exchange Commission filings, which are incorporated herein by reference. IGI disclaims any intent or obligation to update publicly such forward-looking statements, whether as a result of new information, future events or otherwise.