Infinite Group Inc. (IMCI)

[KnicksStockChamp]

So, not much different now

[frenchboy]

Nodeware(R) by IGI CyberLabs and vCIOToolbox Forge Strategic Partnership for Enhanced Cybersecurity Solution for MSPs

https://www.accesswire.com/790044/nodewarer-by-igi-cyberlabs-and-vciotoolbox-forge-strategic-partnership-for-enhanced-cybersecurity-solution-for-msps

Thursday, 05 October 2023 10:00

PITTSFORD, NY / ACCESSWIRE / October 5, 2023 / Infinite Group, Inc. (IGI) (OTC PINK:IMCI) - Nodeware, an AI-driven continuous vulnerability management solution by IGI CyberLabs, and vCIOToolbox, a leading provider of management solutions supporting account management and client advisory, are pleased to announce a strategic partnership. This partnership integrates Nodeware's enhanced vulnerability data into the vCIOToolbox platform, providing valuable insights to managed service providers (MSPs) for use in compliance and business reviews.


"Vulnerability management is a critical component of any cybersecurity or compliance program, and we are excited to have Nodeware as a strategic partner," said Brian Doyle, CEO of vCIOToolbox. "The Nodeware integration helps our partner MSPs quickly and continuously identify vulnerabilities in their critical assets. This simplifies assessment prep, evidence collection, and reporting."

The integration seamlessly incorporates Nodeware's asset vulnerability scoring into vCIOToolbox, enhancing the platform's asset reports, and introduces a dedicated vulnerability report dashboard, which can be leveraged for reviews and presentations. It empowers MSPs to adopt a proactive approach to cybersecurity, cementing their role as trusted advisors to their clients. Moreover, the integration equips MSPs with the valuable capability to provide evidence of continuous scanning, aligning with compliance requirements. This strategic partnership not only elevates MSPs' security posture, but also fortifies their capacity to deliver added value in the ever-evolving threat landscape.

"Delivering continuous vulnerability and risk information into vCIOToolbox's platform is a significant value-add to MSPs, MSSPs, and, most importantly, their customers," said Andrew Hoyen, President of Nodeware by IGI CyberLabs. "We are proud and excited to be part of the vCIOToolbox ecosystem and look forward to the benefits our partnership will bring to the market."

About Nodeware

Nodeware is an AI driven, in-demand continuous vulnerability management solution that helps businesses reduce their cyber risk-all with breakthrough simplicity and affordability. Tailored for MSPs, Nodeware features a multitenant dashboard, streamlined deployment (under 30 minutes), and the ability to scan both internal and external IPs. It provides a comprehensive asset inventory and deep scan information with actionable remediation guidance for identified vulnerabilities. Nodeware is available globally and is supported and developed by US-based support and development teams. Learn more at nodeware.com.

About vCIOToolbox

vCIOToolbox is a leading provider of Account Management and Client Advisory tools dedicated to helping MSPs and MSSPs safeguard their businesses through strategic technology planning. By streamlining the process of technology management, vCIOToolbox empowers businesses to focus on their core operations while ensuring optimal cybersecurity. Learn more at vciotoolbox.com.

About IGI

Headquartered in Rochester, NY, with a remote workforce spanning the United States, Infinite Group, Inc. (IGI) (OTC PINK:IMCI) delivers technology and people-driven cybersecurity for personalized, resilient cyber defense focused on individualized business strategy, enterprise-wide expertise, and unshakeable partnership. IGI CyberLabs, a wholly-owned subsidiary of IGI, is the OEM of the Nodeware® vulnerability management solution, an award-winning SaaS platform that continuously scans networks to identify critical vulnerabilities. Learn more at igicybersecurity.com.

Safe-Harbor Statement

This release may contain forward-looking statements that are based upon current expectations or beliefs, as well as a number of assumptions about future events. Although we believe that the expectations reflected in the forward-looking statements and the assumptions upon which they are based are reasonable, we can give no assurance or guarantee that such expectations and assumptions will prove to have been correct. Forward-looking statements are generally identifiable by the use of words like "may," "will," "should," "could," "expect," "anticipate," "estimate," "believe," "intend," or "project" or the negative of these words or other variations on these words or comparable terminology. The reader is cautioned not to put undue reliance on these forward-looking statements, as these statements are subject to numerous factors and uncertainties, including but not limited to: adverse economic conditions, competition, adverse federal, state and local government regulation, international governmental regulation, inadequate capital, inability to carry out research, development and commercialization plans, loss or retirement of key executives and other specific risks. To the extent that statements in this press release are not strictly historical, including statements as to revenue projections, business strategy, outlook, objectives, future milestones, plans, intentions, goals, future financial conditions, events conditioned on stockholder or other approval, or otherwise as to future events, such statements are forward-looking, and are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. The forward-looking statements contained in this release are subject to certain risks and uncertainties that could cause actual results to differ materially from the statements made. Readers are advised to review our filings with the Securities and Exchange Commission that can be accessed over the Internet at the SEC's website located at https://www.sec.gov/, as well as IMCI's website located at http://www.igicybersecurity.com.

MEDIA CONTACT

Nour Dandan
Digital Marketing Manager
585-485-5785 | [e-mail]

For investment inquiries, contact [e-mail].

SOURCE: Infinite Group, Inc.

[frenchboy]

Nodeware(R) by IGI CyberLabs Continues to Make Waves in the Channel and Empower MSPs

https://www.accesswire.com/773601/NodewareR-by-IGI-CyberLabs-Continues-to-Make-Waves-in-the-Channel-and-Empower-MSPs

Thursday, August 10, 2023 10:10 AM

PITTSFORD, NY / ACCESSWIRE / August 10, 2023 / Infinite Group, Inc. (IGI) (OTC:IMCI) - Nodeware, a patented vulnerability management solution developed by IGI CyberLabs, has been making impressive strides in the channel, demonstrating its unwavering support for managed service providers (MSPs). This commitment is clearly reflected in recent achievements, including earning a coveted spot in ConnectWise's PitchIT program, being recognized as a Top Trending Company on Channel Program, and receiving an invitation into ConnectWise's Invent program.

"I am extremely proud of this team and what they have accomplished over the last 6 months," said Andrew Hoyen, President of IGI and IGI CyberLabs. "It is exciting to see this kind of recognition for the product we have developed, along with the continued acceptance and growth we have witnessed. It has established Nodeware as the go-to vulnerability management solution for our MSP partners and a key component of their cybersecurity stack."

Developed by IGI's own cybersecurity practitioners, Nodeware is a purpose-built solution for MSPs, offering efficient, cost-effective, and lightweight vulnerability management to address the critical need for accurate asset inventory and continuous vulnerability scanning. With real-time, actionable information, MSPs can leverage the user-friendly multitenant dashboard or API to provide their clients with a proactive and layered security approach, enabling them to effectively reduce their clients' risk by identifying and addressing security gaps before they can be exploited.

Nodeware's selection for ConnectWise's PitchIT program exemplifies its innovation and ability to deliver a cutting-edge solution that resonates with MSPs. This exclusive program allows Nodeware to present its unique offering to a wider audience of industry leaders, fostering growth opportunities and stronger relationships within the MSP community.

Moreover, Nodeware was recently recognized as a Top Trending Company on Channel Program, a testament to its unwavering commitment to empowering MSPs in protecting their clients' digital assets. This recognition also reflects the growing demand among MSPs for vulnerability management solutions, driven by the need to safeguard these assets more effectively in the ever-changing threat landscape.

Nodeware was also invited to be part of ConnectWise's Invent Program, which enables Nodeware to collaborate with ConnectWise to create seamless integrations that enhance MSP workflows and overall efficiency.

Adding to the list of achievements, the Nodeware team has been recognized at numerous industry trade shows and conferences this year, receiving attendee-voted awards including Best Security Product at SMB TechFest in Q1, the ROI Lightning Round Award at ChannelPro SMB Forum in DC, and the XCellence in Solutions Track Presentation at XChange Security.

These notable achievements validate Nodeware's mission to provide MSPs with the most advanced and comprehensive vulnerability management solution on the market, while also driving greater exposure and growth for the platform. Visit nodeware.com to learn more.

About Nodeware

Nodeware is an in-demand cybersecurity solution that helps businesses reduce their risk of ransomware or other cyber-attacks-all with breakthrough simplicity and affordability. The easy-to-use SaaS solution helps businesses meet compliance requirements and can be bundled and easily integrated with other IT or security offerings or used to upsell managed services. And it's not just filling a security gap for customers, it's also filling a void in the channel cybersecurity market-creating a powerful opportunity for MSPs and resellers. Nodeware is available globally and is supported and developed by IGI's US-based support and development teams. Learn more at nodeware.com and igicyberlabs.com. Follow Nodeware on Twitter, LinkedIn and Facebook.

About IGI

Headquartered in Rochester, NY, with a remote workforce spanning the United States, Infinite Group, Inc. (IGI) (OTC:IMCI) delivers technology and people-driven cybersecurity for personalized, resilient cyber defense focused on individualized business strategy, enterprise-wide expertise, and unshakeable partnership. IGI CyberLabs, a wholly-owned subsidiary of IGI, is the OEM of the Nodeware® vulnerability management solution, an award-winning SaaS platform that continuously scans networks to identify critical vulnerabilities. Learn more at igicybersecurity.com.

Safe-Harbor Statement

This release may contain forward-looking statements that are based upon current expectations or beliefs, as well as a number of assumptions about future events. Although we believe that the expectations reflected in the forward-looking statements and the assumptions upon which they are based are reasonable, we can give no assurance or guarantee that such expectations and assumptions will prove to have been correct. Forward-looking statements are generally identifiable by the use of words like "may," "will," "should," "could," "expect," "anticipate," "estimate," "believe," "intend," or "project" or the negative of these words or other variations on these words or comparable terminology. The reader is cautioned not to put undue reliance on these forward-looking statements, as these statements are subject to numerous factors and uncertainties, including but not limited to: adverse economic conditions, competition, adverse federal, state and local government regulation, international governmental regulation, inadequate capital, inability to carry out research, development and commercialization plans, loss or retirement of key executives and other specific risks. To the extent that statements in this press release are not strictly historical, including statements as to revenue projections, business strategy, outlook, objectives, future milestones, plans, intentions, goals, future financial conditions, events conditioned on stockholder or other approval, or otherwise as to future events, such statements are forward-looking, and are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. The forward-looking statements contained in this release are subject to certain risks and uncertainties that could cause actual results to differ materially from the statements made. Readers are advised to review our filings with the Securities and Exchange Commission that can be accessed over the Internet at the SEC's website located at https://www.sec.gov/, as well as IMCI's website located at http://www.igicybersecurity.com.

MEDIA CONTACT

Nour Dandan
Digital Marketing Manager
585-485-5785 | [e-mail]

For investment inquiries, contact [e-mail].

SOURCE: Infinite Group, Inc.

[frenchboy]

Nodeware(R) Among Participants Selected for ConnectWise's PitchIT Class of 2023

https://www.accesswire.com/757016/NodewareR-Among-Participants-Selected-for-ConnectWises-PitchIT-Class-of-2023

PITTSFORD, NY / ACCESSWIRE / May 24, 2023 / Infinite Group, Inc. (IGI) (OTCQB:IMCI) - Nodeware, a patented vulnerability management solution developed by IGI CyberLabs, has been selected as a member of ConnectWise's esteemed PitchIT class of 2023. This exclusive 16-week program includes a rigorous business assessment, coaching from industry experts, placement on the ConnectWise marketplace, co-marketing opportunities, and more. Nodeware was announced as one of 27 organizations admitted into this year's cohort.

"We are thrilled to be picked for this year's PitchIT Class of 2023. Having spoken with other vendors who have been through the program, I cannot stress how excited and honored we are to have been chosen and to work with ConnectWise, a company that embodies the level of achievement and success we aspire to," said Matthew K. Koenig, VP of Channel Sales. "The guidance we will receive, and the relationships we form with other members of our class will be invaluable, offering benefits not only in the present, but also for years to come."

Nodeware is a continuous vulnerability scanning and management solution designed for managed service providers (MSPs). It provides comprehensive monitoring and identification of on-site, cloud and remote network assets. Whether leveraging the user-friendly multitenant dashboard or API, MSPs can easily offer their clients a more proactive and layered security approach, reducing their clients' risks by identifying security gaps before they can be exploited. Nodeware equips MSPs with a high-value automated service that actively helps safeguard their clients' network operations, delivering critical and actionable information in real-time.

"Nodeware's selection for this year's PitchIT program highlights our dedication to supporting MSPs in a rapidly changing landscape," said Stuart Cohen, President of IGI CyberLabs. "We are honored to be recognized among top solution providers. This reaffirms our commitment to empowering MSPs as a key piece of their trusted security offering, helping them protect their clients' critical data from the increasingly sophisticated threat environment."

The PitchIT program culminates in an exciting pitch competition among three finalists, scheduled to take place at IT Nation Connect on November 8-10, 2023.

About Nodeware

Nodeware is an in-demand cybersecurity solution that helps businesses reduce their risk of ransomware or other cyber-attacks-all with breakthrough simplicity and affordability. The easy-to-use SaaS solution helps businesses meet compliance requirements and can be bundled and easily integrated with other IT or security offerings or used to upsell managed services. And it's not just filling a security gap for customers, it's also filling a void in the channel cybersecurity market-creating a powerful opportunity for MSPs and resellers. Nodeware is available globally and is supported and developed by IGI's US-based support and development teams. Learn more at nodeware.com and igicyberlabs.com. Follow Nodeware on Twitter, LinkedIn, and Facebook.

About IGI

Headquartered in Rochester, NY, with a remote workforce spanning the United States, Infinite Group, Inc. (IGI) (OTCQB:IMCI) delivers technology and people-driven cybersecurity for personalized, resilient cyber defense focused on individualized business strategy, enterprise-wide expertise, and unshakeable partnership. IGI CyberLabs, a wholly-owned subsidiary of IGI, is the OEM of the Nodeware® vulnerability management solution, an award-winning SaaS platform that continuously scans networks to identify critical vulnerabilities. Learn more at igicybersecurity.com.

Safe-Harbor Statement

This release may contain forward-looking statements that are based upon current expectations or beliefs, as well as a number of assumptions about future events. Although we believe that the expectations reflected in the forward-looking statements and the assumptions upon which they are based are reasonable, we can give no assurance or guarantee that such expectations and assumptions will prove to have been correct. Forward-looking statements are generally identifiable by the use of words like "may," "will," "should," "could," "expect," "anticipate," "estimate," "believe," "intend," or "project" or the negative of these words or other variations on these words or comparable terminology. The reader is cautioned not to put undue reliance on these forward-looking statements, as these statements are subject to numerous factors and uncertainties, including but not limited to: adverse economic conditions, competition, adverse federal, state and local government regulation, international governmental regulation, inadequate capital, inability to carry out research, development and commercialization plans, loss or retirement of key executives and other specific risks. To the extent that statements in this press release are not strictly historical, including statements as to revenue projections, business strategy, outlook, objectives, future milestones, plans, intentions, goals, future financial conditions, events conditioned on stockholder or other approval, or otherwise as to future events, such statements are forward-looking, and are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. The forward-looking statements contained in this release are subject to certain risks and uncertainties that could cause actual results to differ materially from the statements made. Readers are advised to review our filings with the Securities and Exchange Commission that can be accessed over the Internet at the SEC's website located at https://www.sec.gov/, as well as IMCI's website located at http://www.igicybersecurity.com.

MEDIA CONTACT

Nour Dandan
Digital Marketing Manager
585-485-5785 | [e-mail]

For investment inquiries, contact [e-mail].

SOURCE: Infinite Group, Inc.

[frenchboy]

Nodeware(R) Wins ROI Lightning Round Award at ChannelPro’s SMB Forum

https://www.accesswire.com/744929/NodewareR-Wins-ROI-Lightning-Round-Award-at-ChannelPros-SMB-Forum

PITTSFORD, NY / ACCESSWIRE / March 21, 2023 / Infinite Group, Inc. (IGI) (OTCQB:IMCI) - For the second time in as many weeks, managed services providers (MSPs) recognized Nodeware, a solution from IGI CyberLabs, as a go-to security provider. Attendees of the ChannelPro SMB Forum in DC this month voted Nodeware the "ROI Lightning Round" winner for the value of its always-on, always-aware vulnerability management program. Last month, MSPs also selected Nodeware as Best Security Product during SMB TechFest.

The back-to-back wins underscore the importance of detecting activity, addressing vulnerabilities, avoiding potential incidents, and recovering and learning from threat actors. A recent study by Canalys found that MSPs who are focused on finding anomalies and mitigating events are better positioned to capitalize on the shift to cyber-risk detection, a market Canalys expects to grow 34% each year, reaching $112 billion by 2026.

Nodeware's robust vulnerability scanning and management software allows businesses to monitor and identify network assets, both on-site and remote, locating security gaps and delivering detailed analytics reports for security compliance purposes. The cloud-based platform simplifies and automates the vulnerability scanning process, delivering full visibility into the potential risks associated with each of its business processes.

Nodeware is dedicated to helping MSPs and MSSPs create a more compelling, preemptive, and layered security offering for their end-customers, reducing their risks by detecting anomalies before a breach can occur. The platform allows these managed services providers to deliver a high-value, automated service that proactively helps protect their clients' network operations, delivering critical and actionable information in real-time.

"Cybersecurity has always been a rapidly evolving space. The advent of sophisticated language generation models like ChatGPT now make it that much easier for nefarious actors to fabricate effective malware that preys on network vulnerabilities. This catalyst could bring on a watershed of compromises for companies that aren't diligent enough," said Matthew K. Koenig, Nodeware's Vice President of Channel Sales.

"Businesses that don't maintain granular visibility over their networks aren't doing everything they can to combat this potential onslaught," Koenig continued. "Nodeware feels honored to have our solution recognized by multiple industry authorities as a key tool in this initiative, underscoring the essential need for a deep-scanning strategy."

About Nodeware

Nodeware is an in-demand cybersecurity solution that helps businesses reduce their risk of ransomware or other cyber-attacks-all with breakthrough simplicity and affordability. The easy-to-use SaaS solution helps businesses meet compliance requirements and can be bundled with other IT or security offerings or used to upsell managed services. And it's not just filling a security gap for customers, it's also filling a void in the channel cybersecurity market-creating a powerful opportunity for MSPs and resellers. Nodeware is available globally and is supported and developed by IGI's US-based support and development teams. Learn more at nodeware.com and igicyberlabs.com. Follow Nodeware on Twitter,LinkedIn and Facebook.

About IGI

Headquartered in Rochester, NY, with a remote workforce spanning the United States, Infinite Group, Inc. (IGI) (OTCQB:IMCI) delivers technology and people-driven cybersecurity for personalized, resilient cyber defense focused on individualized business strategy, enterprise-wide expertise, and unshakeable partnership. IGI CyberLabs, a wholly-owned subsidiary of IGI, is the OEM of the Nodeware® vulnerability management solution, an award-winning SaaS platform that continuously scans networks to identify critical vulnerabilities. Learn more at igicybersecurity.com.

Safe-Harbor Statement

This release may contain forward-looking statements that are based upon current expectations or beliefs, as well as a number of assumptions about future events. Although we believe that the expectations reflected in the forward-looking statements and the assumptions upon which they are based are reasonable, we can give no assurance or guarantee that such expectations and assumptions will prove to have been correct. Forward-looking statements are generally identifiable by the use of words like "may," "will," "should," "could," "expect," "anticipate," "estimate," "believe," "intend," or "project" or the negative of these words or other variations on these words or comparable terminology. The reader is cautioned not to put undue reliance on these forward-looking statements, as these statements are subject to numerous factors and uncertainties, including but not limited to: adverse economic conditions, competition, adverse federal, state and local government regulation, international governmental regulation, inadequate capital, inability to carry out research, development and commercialization plans, loss or retirement of key executives and other specific risks. To the extent that statements in this press release are not strictly historical, including statements as to revenue projections, business strategy, outlook, objectives, future milestones, plans, intentions, goals, future financial conditions, events conditioned on stockholder or other approval, or otherwise as to future events, such statements are forward-looking, and are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. The forward-looking statements contained in this release are subject to certain risks and uncertainties that could cause actual results to differ materially from the statements made. Readers are advised to review our filings with the Securities and Exchange Commission that can be accessed over the Internet at the SEC's website located at https://www.sec.gov/, as well as IMCI's website located at http://www.igicybersecurity.com.

MEDIA CONTACT

Taylor Gaines
CommCentric Solutions (on behalf of Nodeware by IGI CyberLabs)
813-727-6871 | [e-mail]

Nour Dandan
Digital Marketing Manager - Infinite Group, Inc. (IGI)
585-485-5785 | [e-mail]

For investment inquiries, contact [e-mail].

SOURCE: Infinite Group, Inc.

[frenchboy]

Nodeware® Named “Best Security Product” at SMB TechFest

https://www.accesswire.com/741201/NodewareR-Named-Best-Security-Product-at-SMB-TechFest

PITTSFORD, NY / February 28, 2023 Infinite Group, Inc. (IGI) (OTCQB: IMCI)— According to new research from Canalys, protecting business networks against cybercrime is destined to fail. Rather, the study claims “detecting activity, responding to incidents and recovering and learning” from threat actors is vital – and attendees at this month’s SMB TechFest couldn’t agree more, voting Nodeware’s always-on, always-aware vulnerability management program “Best Security Product.” Nodeware was developed by IGI CyberLabs, a wholly-owned software subsidiary of IGI.

“Keeping up with the fast-changing cybersecurity landscape can be a full-time job that most managed service providers (MSPs) simply can’t sustain,” said Matthew Koenig, Vice President of Channel Sales. “That’s why deploying deep-scanning detection tools that work from the inside out offers the greatest potential for truly ensuring data security. It’s rewarding to learn that our channel partners recognize and appreciate the effort we take to help them more efficiently manage their customers’ cyber risk.”

The Canalys study revealed that 72% of cybersecurity spending is focused on “building and managing defenses to protect data, infrastructure, people, and other assets,” but also emphasized that it is exactly those potential threat actors that have already breached defenses. Managed service providers who are focused on finding anomalies and mitigating events are better positioned to capitalize on the shift to cyber-risk detection, a market Canalys expects to grow 34% each year, reaching $112 billion by 2026. Complete and continuous visibility of the network – that’s running silently in the background without impacting network performance – is the new reality and the only true measure of potential cyber warfare.

“Traditional vulnerability scanning systems that work on-demand miss everything that is not powered on, out of the office or missing during the time of a scan,” said Jack Taugher, Chief Visionary Officer and Vice President, AIR Technology Services. “The Nodeware solution enables vulnerability management for devices anywhere.”

SMB TechFest brings together Solution Providers, MSPs, VARs, Cloud Partners, Security, Telecom, IT Pros, and Application Partners with industry expert speakers and related content. The two-day event includes networking, sessions, and presentations. This award category is unique in that the recipient is the top vote getter by attendees of the conference and introduces Nodeware as a stand-out product/solution by its peers.

Safe Harbor Statement

This release contains forward-looking statements that are based upon current expectations or beliefs, as well as a number of assumptions about future events. Although we believe that the expectations reflected in the forward-looking statements and the assumptions upon which they are based are reasonable, we can give no assurance or guarantee that such expectations and assumptions will prove to have been correct. Forward-looking statements are generally identifiable by the use of words like "may," "will," "should," "could," "expect," "anticipate," "estimate," "believe," "intend," or "project" or the negative of these words or other variations on these words or comparable terminology. The reader is cautioned not to put undue reliance on these forward-looking statements, as these statements are subject to numerous factors and uncertainties, including but not limited to: adverse economic conditions, competition, adverse federal, state and local government regulation, international governmental regulation, inadequate capital, inability to carry out research, development and commercialization plans, loss or retirement of key executives and other specific risks. To the extent that statements in this press release are not strictly historical, including statements as to revenue projections, business strategy, outlook, objectives, future milestones, plans, intentions, goals, future financial conditions, events conditioned on stockholder or other approval, or otherwise as to future events, such statements are forward-looking, and are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. The forward-looking statements contained in this release are subject to certain risks and uncertainties that could cause actual results to differ materially from the statements made. Readers are advised to review our filings with the Securities and Exchange Commission that can be accessed over the Internet at the SEC's website located at https://www.sec.gov/, as well as IMCI's website located at http://www.igicybersecurity.com.



About IGI

Headquartered in Rochester, NY with a remote workforce spanning across the United States, Infinite Group, Inc. (IGI) (OTCQB:IMCI) delivers technology and people-driven cybersecurity for personalized, resilient cyber defense focused on individualized business strategy, enterprise-wide expertise, and unshakeable partnership. IGI CyberLabs, a subsidiary of IGI, is the OEM of the Nodeware® vulnerability management solution, an award-winning SaaS platform that continuously scans networks to identify critical vulnerabilities. Learn more at igicybersecurity.com.

Nodeware is an in-demand cybersecurity solution that helps businesses reduce their risk of ransomware or other cyber-attacks—all with breakthrough simplicity and affordability. The easy-to-use SaaS solution helps businesses meet compliance requirements and can be bundled with other IT or security offerings or used to upsell managed services. And it’s not just filling a security gap for customers, it's also filling a void in the channel cybersecurity market—creating a powerful opportunity for MSPs and resellers. Nodeware is available globally and is supported and developed by IGI’s US-based support and development teams. Learn more at nodeware.com and igicyberlabs.com.

[splintered sunlight]

And today right back where we started from.....

[splintered sunlight]

According to today's action, looks like those concerning statements might be concerning.

[KnicksStockChamp]

the lastest filing has a number of concerning statements. does this have legs or anything to look at? seems a few loans from insiders to the company to keep it afloat.

[frenchboy]

Nice article

https://www.mckinsey.com/capabilities/risk-and-resilience/our-insights/cybersecurity/new-survey-reveals-2-trillion-dollar-market-opportunity-for-cybersecurity-technology-and-service-providers

[splintered sunlight]

Cat,

Is IMCI worth getting into at these levels?

Thanks

[jrf30]

Off a decimal. Sorry. Was $.073, not $.73. So opening at $5.40ish, not $54ish. Same story, just different number.

Let's see who sees it at $5.40 and thinks it is a better company now, because of the price, and how many sell because they think it went up.

[jrf30]

Let's see how fast it now drops. People will see it at a "high" price and sell. That's my bet. it closed at $0.73 or so. Reverse 1 for 75 puts it at $54.75 per share. Tomorrow lots of people will think they hit it big - until they see the share count in their account.

Bets on it going down to $40 or lower?? (that's only $0.53 per share, so not that low ... yet)

Might even buy it after a dip, but been waiting for this reverse to even consider it. I just know most reverses drop the share count on existing shareholders, and then new shares are issued, and the old shareholders are diluted out of the game. And the price suffers. Low market cap on this one intrigues me, but I want to watch a bit first.

[Renee]

IMCI: one for 75 reverse split:

https://otce.finra.org/otce/dailyList?viewType=Symbol%2FName%20Changes

[Cat]

Glad to see good Nodeware news continuing. SaaS sales are the best thing for a small company like this (high margin)
Been told they have a strong acquisition pipeline ready to go throughout 2023

[Cat]

Good volume

[Cat]

One positive thing is that IMCI seems completely decoupled from the broader market/tech meltdown lately. I mean it's a nano-cap so that's to be expected, but still positive

[Cat]

Volume bounced back a little bit today, back over 20. Honestly it's a bit hard to keep up, volatility is just unreal here. From 12 to 40 to 15 to 20...at least after all of this the multi-year uptrend is intact and strong. What I would like to see though is another move into the 30s and maybe 40s, with stronger volume and especially stronger staying power. Stock deserves consolidation in the 30s, not in the teens, when even .35 is a mere 1x revenues. It would be good to see a couple large buyers or even institutions taking notice of this stock at these levels, when they're pretty much guaranteed to see a multi-X return over the next few years, given that this region is 0.5-1x revenues, and the industry average is 11x. Just need some more buying support, some more interest. But at least 0.5x appears to have held fast as a (low, damn..) bottom

[Cat]

Back to 15…pathetic really

Management needs to get its sh*t together imo when they can’t even keep market cap above 0.5x revenue

[Cat]

There is lots of great news yet we languish at 0.5x revenues market cap. Why isn't trading even at 2x revenues (75 cents per share)? Cybersecurity average multiple is over 10x

They need to be using iHub newswire and other easy solutions to increase awareness. Nobody saw that press release until you shared it here if they weren't already following the stock

[frenchboy]

Nice news today

https://www.accesswire.com/700311/NodewareR-and-SecurityStudio-Integration-Brought-to-Market-by-Xerox-Services

[Cat]

Talk about a failed run..42 back to 17 in a week, pathetic lol. I’ve said it and will say it again, this company simply needs to 1) post growth and 2) actually do IR/PR on social media including ihub if they want to see enough interest for 5-10x revenue valuation…we’re back to 0.5x revenue market cap now. Pathetic

[Cat]

Aw ffs, no continuation? Who is even selling this at <1x revenues

[Cat]

40 cents is a lot better than where we were a couple months ago. Take her 1$+, it's where she belongs!

1$ PPS = 2.9x revenues. That's NOTHING for a cybersec company

[Cat]

My IMCI growing up so fast! I remember her as a toddler, young teenager, now she already graduated college and is approaching middle age! They grow up too fast don't they :')

[Cat]

Very solid day and close! Up 40% and new 10 year high, on strong volume

Let's see continuation tomorrow. At .35, we sit at a market cap of exactly 1x revenue

[Cat]

Happy to see the bids following price up so well too

[Cat]

15k at .41 just moved up to .45 after getting hit for 2k

[Cat]

Wow, still hitting...nearly up to 250,000 shares traded today. About 15,000 shares available at .41 and then L2 is thin until .61

[Cat]

Finally cracked 1x revenues! At .405 this market cap is about 1.2x revenues. In a cybersec industry with an average multiple of 11x revenues...so bring on 10x more gains from here lol?

[Cat]

I wonder if this week will finally be enough to get this stock popping up on screeners and bringing retail awareness?

[Cat]

Keep those hits coming!

[Cat]

Ok, wow, MASSIVE buy there. 128,000 share wall on .27 taken out in a single buy, then the .405 hit was another single order. Saw it happen on L2, was one trade each time. Given how little retail interest I see here in IMCI, the action over the past few days (100s of thousands of shares of pure buys) this could be institutional action

Hopefully! Take us to 1$ dammit, that's barely 2.5x revenues!

This is so thin too

[Cat]

Who tf is selling 100k shares this low

Wtf

[Cat]

Seems 25s hitting at open...nice

Also the company added more job offers:

https://igicybersecurity.com/careers

Hiring still going strong

[Cat]

https://www.goldmanresearch.com/202204061346/Opportunity-Research/imci-pending-deal-leads-to-higher-valuation-nasdaq-uplisting.html

[Cat]

https://www.digitaljournal.com/pr/infinite-group-shares-surge-108-since-marchheres-why-investors-expect-more-to-come-imci

[Cat]

https://www.benzinga.com/amp/content/26707806

[Cat]

https://www.digitaljournal.com/pr/infinite-group-stock-in-play-jumps-25-ahead-of-transformational-acquisition-and-bullish-2022-guidance-imci

[Cat]

https://www.digitaljournal.com/pr/invest-in-compelling-stocks-in-a-surging-sector-infinite-group-checks-that-box-in-cybersecurity-spaceheres-why-imci

[Cat]

https://www.defenseworld.net/2022/04/14/infinite-group-inc-otcmktsimci-sees-large-decrease-in-short-interest.html

[Cat]

https://seekingalpha.com/amp/news/3820588-cybersecurity-firm-infinite-group-files-to-uplist-to-nasdaq-raise-15m-in-ipo

[Cat]

Seems the latest merger + uplist news is finally getting picked up on

[Cat]

It's sortof bizarre that I am so alone on this board lol. I've never seen anything like it. Here's a great company operating in cybersecurity, announcing uplist to NASDAQ and acquiring another well-respected, multi-million dollar cybersec company - no interest. Lmao. Will I still be posting alone talking to myself when it crosses 1$? That would be kind of funny tbh

TIME WILL TELL

[Cat]

Wow, big milestone, just crossed the 0.7x revenue mark

Let's get to 1$+

[Cat]

Take it to 1$....that's still barely 3x revenue (in a hot sector averaging 11x)

It's ridiculous to still be sitting at a share price UNDER 1x revenue...I mean come on...move

[Cat]

Nice volume today

At .22 it’s now trading at a market cap of 0.6x revenues — only 1800% left to go until it’s at the cybersecurity industry average multiple lmao

Bring on the NASDAQ uplist + merger completion!

[Cat]

UPLISTING TO NASDAQ

[Cat]

Top exec at IMCI receives a New York state-level, prestigious cybersecurity award. Legit af:

https://www.linkedin.com/pulse/2022-joseph-j-wasserman-award-recipient-jim-ambrosini-abramov/?trackingId=I4ZTeLHxR%2F%2BfLGKEMPEliw%3D%3D

Stock continues to trade at 0.5x revenues in an industry with average multiple of 10.2x (undervalued by 20-fold)

Imo further acquisitions + uplist will cause upward correction

[Cat]

Another Goldman research report out, reiterates .65$ short-term target:

https://www.goldmanresearch.com/202203071343/Opportunity-Research/imci-the-next-cybersecurity-mover.html