Integrated Management Information (IMI Global) Reports Profitable Second Quarter and Strong Revenue Growth

CASTLE ROCK, CO--(Marketwire - July 29, 2008) -

Selected Highlights:

--  Transition to profitability with $42,700 in net income in Q2
--  Q2 revenue up 53% to $808,200 from $530,000
--  Highest revenue quarter in Company's history
--  Six-month revenue up 53% to $1,533,300 from $1,001,300
--  USVerified™ solutions revenue up 84% in Q2
--  IMI signs long term marketing agreement with Vance Publishing
--  Born & Raised in the USA® uniquely solves the COOL issue for
    retailers
    

Integrated Management Information, Inc. (IMI Global) (OTCBB: INMG), a leading provider of verification and Internet solutions for the agricultural/livestock industry, today announced it transitioned to profitability in the second quarter on the strength of strong revenue growth and a stable expense base.

"We are very pleased to report our first profitable quarter as a public company," said John Saunders, president and CEO. "Employees at all levels of our organization have worked very hard to create a culture of profitable growth, and our second quarter performance validates our strategy of focusing on driving consistent top-line growth while maintaining a lean operating environment. As always, our USVerified™ verification and identification solutions led the way, both in terms of revenue growth and profit contribution. With our new long-term strategic marketing agreement with Vance Publishing, we are now more focused than ever on expanding our USVerified and Born & Raised in the USA® offerings and increasing our marketing efforts to support continued growth."

The Company reported net income of $42,700, or less than one cent per basic and diluted share, in the second quarter ended June 30, 2008, compared with a net loss of $209,600, or $0.01 per basic and diluted share, in the same quarter last year. It was IMI Global's first profitable quarter as a public company -- the result of significantly higher revenue combined with a stable cost structure.

Revenue in the second quarter increased 53% to $808,200 from $530,000 in the second quarter a year ago. Demand for the Company's USVerified solutions remained strong in the period, resulting in a 84% increase in revenue in that category -- to $611,500, or 76% of total revenue, from $333,000 in the second quarter last year. The Company continued to add new customers for its third party food verification services during the second quarter and believes prospects for continued growth are good in light of the reopening of key export markets, the impending deadline for Country of Origin Labeling (COOL) in September of 2008, and growing consumer sentiment to better understand where food comes from.

Subsequent to the end of the second quarter the Company entered into a long-term marketing and support agreement with Vance Publishing in which IMI Global sold three of its online assets -- CattleNetwork.com, CattleStore.com and AgNetwork. Vance Publishing is a leader in agriculture-related magazine publications, web offerings and newsletters, including Drover's, Pork, Bovine Veterinarian, and Dairy Herd Management. While the now-divested online businesses contributed approximately $197,000, or 24% of total revenue in the second quarter, these assets are much better utilized by Vance and their divestiture will allow IMI Global to sharpen its focus on its core solutions and a lean operating environment. Additionally, the transaction enables IMI Global to significantly strengthen its balance sheet, improve its working capital balance, and collaborate with the industry leader, Vance Publishing, on an aggressive advertising and promotion program in support of IMI Global's USVerified and Born & Raised in the USA® solution offerings. The Born & Raised in the USA labeling solution, marketed exclusively by IMI Global, gives retailers a proven, streamlined third-party verification program to comply with the country of origin labeling (COOL) mandate under the 2002 Farm Bill, set to go into effect in the Fall of 2008.

Saunders added, "This new partnership has been structured to leverage the respective strengths of Vance Publishing and IMI Global, and we are very excited about our prospects for success. In addition to more effectively delivering the IMI Global message to a broader potential customer base in our traditional livestock markets, we have enhanced our ability to reach out to new food sectors, including fruits and vegetables, where Vance also has a strong presence. We couldn't be more excited about the future."

The Company's strong second quarter performance contributed to a $518,000 positive swing on the bottom line through six months. Net loss for the year-to-date period was just $18,000, or less than one cent per basic and diluted share, compared with a net loss of $500,200, or $0.03 per basic and diluted share, in the six-month period ended June 30, 2007.

Revenue through six months increased 53% to $1,533,300 from $1,001,300 in the same period a year ago. Again, the key driver was the Company's fast-growing verification solutions offerings.

Conference Call

IMI Global will conduct a conference call and Webcast today at 9:30 a.m. Mountain Time (11:30 a.m. Eastern Time). Dial 800-257-6566 for domestic toll free or 303-262-2191 for local and international. The conference ID is 11117695. A telephone replay will be available through August 13, 2008, at 800-405-2236 or 303-590-3000, passcode 111117695#.

To access a live Webcast of the call, please visit IMI Global's website at www.imiglobal.com and click the Webcast link. A replay of the Webcast will be available at that website through August 29, 2008.

About IMI Global

Founded in 1995, IMI Global 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. Additional IMI web sites include www.USVerified.com, www.MyEquineNetwork.com, and www.AgTraderIndex.com.

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 growth, profitability, potential, leadership, the impact and efficacy of the Company's products and services on the marketplace 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 three and 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.

Integrated Management Information, Inc.
Condensed Statements of Operations
(Unaudited)

                            Three months ended       Six months ended
                                 June 30,                 June 30,
                            2008       2007          2008          2007
                        ----------- -----------  ------------  -----------

Revenues                $   808,168  $  529,952    $1,533,343  $ 1,001,267

Costs of revenue            377,882     215,046       729,297      413,761
                        ----------- -----------  ------------  -----------

Gross profit                430,286     314,906       804,046      587,506

Selling, general and
 administrative expenses    374,333     517,808       796,900    1,075,660
                        ----------- -----------  ------------  -----------

Income (loss) from
 operations                  55,953    (202,902)        7,146     (488,154)

Other expense (income):

Interest expense             13,334       7,740        26,222       14,863

Other income, net              (115)     (1,085)       (1,260)      (2,779)
                        ----------- -----------  ------------  -----------

Income (loss) before
 income taxes                42,734    (209,557)      (17,816)    (500,238)

Income taxes                      -           -             -            -
                        ----------- -----------  ------------  -----------

Net income (loss)       $    42,734 $  (209,557) $    (17,816) $  (500,238)
                        =========== ===========  ============  ===========

Net income (loss) per
 share, basic and
 diluted                $      0.00 $     (0.01) $     (0.00)  $     (0.03)
                        =========== ===========  ============  ===========

Weighted average shares
 outstanding, basic
 and diluted             19,984,506  19,328,839    19,988,797   19,189,950
                        =========== ===========  ============  ===========



Integrated Management Information, Inc.
Balance Sheets
                                                 June 30,     December 31,
                                                   2008           2007
                                               ------------   ------------
ASSETS

Current Assets:

Cash and cash equivalents                      $     63,859   $    170,882

Accounts receivable, net                            404,739        193,737

Inventories                                          15,062         18,759

Prepaid expenses and other current assets            19,961         43,495
                                               ------------   ------------

Total current assets                                503,621        426,873

Property and equipment, net                          71,377         54,134

Goodwill                                            418,208        418,208

Intangible assets, net                               21,113         28,395
                                               ------------   ------------

Total assets                                   $  1,014,319   $    927,610
                                               ============   ============

LIABILITIES AND SHAREHOLDERS' EQUITY (DEFICIT)

Current liabilities:

Accounts payable                               $    319,140   $    259,103

Accrued expenses and other current liabilities       64,655         40,406

Deferred revenues                                         -          5,750

Short-term debt and current portion of notes
 payable                                            444,000        420,000
                                               ------------   ------------

Total current liabilities                           827,795        725,259

Notes payable and other long-term debt              300,000        300,000

Stockholders' equity (deficit):

Preferred stock                                           -              -

Common stock                                         28,246         28,246

Additional paid-in capital                        4,709,396      4,705,679

Treasury stock                                   (1,486,728)    (1,485,000)

Accumulated deficit                              (3,364,390)    (3,346,574)
                                               ------------   ------------

Total stockholders' equity                         (113,476)       (97,649)
                                               ------------   ------------

Total liabilities and stockholders' deficit    $  1,014,319   $    927,610
                                               ============   ============

Contact Information: Company Contacts: John Saunders Chief Executive Officer 303-895-3002 Jay Pfeiffer Pfeiffer High Investor Relations, Inc. 303-393-7044