Three months ended Nine Months Ended September 30, September 30, 2010 2009 2010 2009 ----------- ----------- ----------- ----------- Net income (loss) $ 105,517 $ 70,396 $ 211,701 $ (42,317) =========== =========== =========== =========== Net income (loss) per share: Basic $ 0.01 $ - $ 0.01 $ - =========== =========== =========== =========== Diluted $ 0.01 $ - $ 0.01 $ - =========== =========== =========== =========== Weighted average shares outstanding: Basic 20,863,573 20,868,481 20,845,714 20,868,859 =========== =========== =========== =========== Diluted 20,883,133 20,996,910 20,864,238 20,868,859 =========== =========== =========== ===========About IMI Global Founded in 1995, IMI Global is a USDA Process Verified (PVP) company and is a leading provider of verification and Internet solutions for the agriculture industry. Go to www.IMIGlobal.com for additional information. IMI has worked with some of the largest agricultural organizations in the United States, providing web-based applications for verification and identification as well as a range of consulting services tailored to meet each customer's needs. CAUTIONARY STATEMENT This news release contains "forward-looking statements" within the meaning of the U.S. Private Securities Litigation Reform Act of 1995, based on current expectations, estimates and projections that are subject to risk. Forward-looking statements are inherently uncertain, and actual events could differ materially from the Company's predictions. Important factors that could cause actual events to vary from predictions include those discussed in our SEC filings. Specifically, statements in this news release about profitability are forward-looking statements that are subject to a variety of factors, including availability of capital, personnel and other resources; competition, governmental regulation of the beef industry, the market for beef and other factors. In addition, financial results for the twelve-month periods are not necessarily indicative of future results. Readers should not place undue reliance on these forward-looking statements. The Company assumes no obligation to update its forward-looking statements to reflect new information or developments. For a more extensive discussion of the Company's business, please refer to the Company's SEC filings at www.sec.gov.
Contact Information: Company Contacts: John Saunders Chief Executive Officer 303-895-3002 Jay Pfeiffer Pfeiffer High Investor Relations, Inc. 303-393-7044