Infinite's Laser Fare ATG wins Tibbetts Award.

Business/Technology Editors

WARWICK, R.I. and ORLANDO, Fla.--(BUSINESS WIRE)--Sept. 20, 2001

Infinite Group, Inc. (NASDAQ:IMCI) announced today that Laser Fare Advanced Technology Group (ATG), Infinite's R&D unit, has been selected as one of this year's recipients of the prestigious Tibbetts Award by the U.S. Small Business Administration for its work in grating coupled surface emitting lasers (GCSELS). Tibbetts Award ceremonies will be on October 2, 2001 in Washington, D.C. and will include a Capitol Hill reception and breakfast at the White House.

"The Tibbetts Award is made annually to those firms that exemplify the very best in SBIR (Small Business Innovation Research) achievement," said Clifford Brockmyre, CEO of Infinite. "Our original work in high powered diode lasers was funded by the Department of Defense (DOD) through the Air Force Research Laboratory Directed Energy Directorate in New Mexico. Our success under this program built the foundation for our Infinite Photonics subsidiary in Orlando, FL. The devices have applications in the telecommunications, materials processing and medical markets." The Air Force Research Laboratory is the primary DOD component working on high-powered diode lasers.

Laser Fare is a high technology company which markets laser technology and advanced manufacturing methods providing laser services for aerospace, medical and other commercial applications.

Infinite Photonics, Inc., another Infinite subsidiary, develops and markets laser diodes based on the proprietary, patented and patent pending IP GCSEL(TM) technology platform that resulted in part from the research. IP GCSEL(TM) product applications include high power pump lasers used for EDFA and Raman amplification, tunable lasers used in optical transmitters and receivers for telecommunications, material processing and medical applications.

Infinite Group is an industry leader in applied photonics, including areas of laser material processing, advanced manufacturing methods and laser applications technology.

This release contains "forward looking statements" based on current expectations but involving known and unknown risks and uncertainties. Actual results or achievements may be materially different from those expressed or implied. The Company's plans and objectives are based on assumptions involving judgements with respect to future economic, competitive an market conditions and future business and technology decisions, all of which are difficult or impossible to predict accurately and many of which are beyond the control of the Company. Therefore, there can be no assurance that the forward-looking statements, including, but not limited to, those relating to the commercialization of IP GCSEL laser based technologies, will prove to be accurate.