PITTSFORD, N.Y., April 17, 2007 (PRIME NEWSWIRE) -- Infinite Group, Inc. (IGI) (OTCBB:IMCI) is a member of a team led by Zolon Tech, Inc. of Sterling, Virginia that was recently awarded a prime contract for the U.S. Department of State's Hybrid Information Technology Support Services (HITSS) program. Through the HITSS contract, this team will support the State Department's mission at headquarters and field offices throughout the United States and internationally by providing a broad range of IT services. The value of the contract for the base year and four one-year options is $90,119,852.
IGI's role on the Zolon Team is to provide Earned Value Management System support on projects assigned to the Team. "Earned Value Management is a mandated program for federal information technology projects, and IGI is an industry expert in Earned Value Management based Program/Project/Portfolio Management," said Doc Grantham, Zolon's Vice President, Federal Sector. IGI has an established process for EVMS that complies with American National Standards Institute guidelines under ANSI 748A. The team, in addition to Zolon and IGI, includes: CDO Technologies, Dayton, Ohio; Dominion Post, Vienna, Virginia; EADS North America Defense Security and Systems Solutions, San Antonio, Texas; General Dynamics Information Technology, Fairfax, Virginia; Halifax Corporation, Alexandria, Virginia; Itekras, Inc., Sterling, Virginia; Lee Technologies, Fairfax, Virginia; and WP Cioffi Engineering, Fairfax, Virginia.
Jim Frost, IGI's Chief Operations Officer, stated, "IGI is honored to be a member of this highly qualified team. We have a long-standing relationship with Zolon and other team members and are pleased to be able to support the information technology needs of the U.S. Department of State through this important initiative." Zolon is certified by the Small Business Administration as a Small Disadvantaged Business and is a fast growing company in the Washington, DC area. IGI continues to review and submit proposals in the federal, state and local government sector, and is awaiting responses on several proposals that it has recently submitted both as prime contractor and as subcontractor with Zolon and other teaming partners.
IGI has offices in Pittsford, New York, Vienna, Virginia and Jackson, Mississippi. IGI provides business, program management and information technology services and systems support to government and commercial clients. Our work includes leading edge operations supporting complex programs in advanced computing environments (network services), virtualization services, wireless technology, human capital services, financial services, communications interoperability, enterprise architecture and earned value management. We focus on aligning business processes with technology for delivery of solutions meeting our clients' exact needs. For more information on IGI, please visit our website at www.us-igi.com.
Zolon Tech, Inc., established in July 1998 with its headquarters in Sterling, VA, is an IT services firm that assists its public sector clients derive value from technology by providing cost-effective IT strategic services, data services, enterprise application solutions, and application life cycle support. Accepted into the SBA 8(a) program in December 2003, Zolon is one of only a few 8(a) program participants appraised at Maturity Level 3 of the System Engineering Institute's Capability Maturity Model Integrated and possessing a Quality Management System registered to the ISO 9001:2000 standard.
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 under the HITSS contract, 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.