#1IGI Filed pursuant to Rule 433 of the Securities Act of 1933 Issuer Free Writing Prospectus date October 6, 2022 Relating to the Preliminary Prospectus dated September 20, 2022 Registration Statement File No. 333-262167 Business Overview#2IGI Statement About Free Writing Prospectus This free writing prospectus relates the the proposed public offering of common units, consisting of shares of common stock, par value $0.001 per share, and redeemable warrants to purchase shares of common stock, of Infinite Group, Inc. ("the Company"), which is being registered on a Registration Statement on Form S-1, as amended (File No. 333-262167) (the "Registration Statement"). This free writing prospectus should be read together with the preliminary prospectus dated September 20, 2022, included in that Registration Statement, which can be accessed through the following link: https://www.sec.gov/ix?doc=/Archives/edgar/data/0000884650/000165495422012724/imci_s1a.htm The Company has filed the Registration Statement (including a prospectus) with the Securities and Exchange Commission (the "SEC") for the offering to which this communication relates. Before you invest, you should read the prospectus in that Registration Statement (including the Risk Factors contained therein) and other documents that the Company has filed with the SEC for more complete information about our company and this offering. You may get these documents for free by visiting EDGAR or the SEC website at www.sec.gov. Alternatively, the Company, any underwriter or any dealer participating in the offering will arrange to send you the prospectus if you request it from Aegis Capital Corporation, 810 7th Avenue, 18th Floor, New York, NY 10019, by email at [email protected], or by telephone at (212) 813-1010.#3IGI Forward-Looking Statements Certain statements made in this presentation are "forward-looking statements regarding the plans and objectives of management for future operations and market trends and expectations. The words "believe," "may." "estimate." "continue," "anticipate," "intend," "should." "plan," "could," "target," "potential," "is likely." "will," "expect and similar expressions, as they relate to us, are intended to identify forward-looking statements. Such statements involve known and unknown risks, uncertainties and other factors that may cause our actual results, performance or achievements to be materially different from any future results, performance or achievements expressed or implied by such forward-looking statements. Important factors that could cause actual results to differ from those in the forward-looking statements include the impact of the COVID-19 pandemic, the successful development of our sales and marketing capabilities, our ability to develop enhancements or new software and scale our platforms, our ability to protect our intellectual property, our ability to work with partners in selling our technologies to businesses, successful completion and integration of strategic acquisitions, attracting and retaining qualified employees and key personnel and effectively managing cybersecurity risk for our clients and ourselves. More detailed information about these factors may be found in the Company's filings with the Securities and Exchange Commission, including its Annual Report on Form 10-K for the year ended December 31, 2021. The forward-looking statements included herein are based on current expectations that involve numerous risks and uncertainties. Our plans and objectives are based, in part, on assumptions involving the expansion of our business. Assumptions relating to the foregoing involve judgments with respect to, among other things, future economic, competitive and market conditions and future business decisions, all of which are difficult or impossible to predict accurately and many of which are beyond our control. Although we believe that our assumptions underlying the forward-looking statements are reasonable, any of the assumptions could prove inaccurate and, therefore, there can be no assurance that the forward-looking statements included in this presentation will prove to be accurate. In light of the significant uncertainties inherent in the forward-looking statements included herein, the inclusion of such information should not be regarded as a representation by us or any other person that our objectives and plans will be achieved. Market data and industry information used herein are based on our management's knowledge of the industry and the good faith estimates of management. We also relied, to the extent available, upon managements review of independent industry surveys, forecasts and publications and other publicly available information prepared by a number of third-party sources. All of the market data and industry information used herein involves a number of assumptions and limitations which we believe to be reasonable, and you are cautioned not to give undue weight to such estimates. Although we believe that these sources are reliable, we cannot guarantee the accuracy or completeness of this information, and we have not independently verified this information. The statements made herein speak only as of the date of this presentation. We undertake no obligation to revise or update publicly any forward-looking statements for any reason. The terms "Infinite Group", "IGI", "we", "our", "us", or any derivative thereof, as used herein refer to Infinite Group, Inc., a Delaware corporation. Confidential This presentation is strictly confidential and may not be distributed to any other person, and may not be reproduced or published, in whole or in part, in any form. Failure to comply with this restriction may constitute a violation of applicable laws.#4Offering Details Issuer Offering Type Price Units Offered Gross Proceeds Listing/Symbol Pre-Offering Shares Use of Proceeds IGI Underwriters Infinite Group, Inc. Nasdaq -Uplist IPO $4.38 for the Common Units Up to 3,500,000 Common Units consisting of one (1) share of Common Stock and three (3) Redeemable Warrants, each to purchase one share of Common Stock at an exercise price of $4.00 per share. Up to 3,500,000 Pre-Funded Units consisting of one (1) Pre-Funded Warrant to purchase one (1) share of Common Stock and three (3) Redeemable Warrants. $15,330,000 IMCI Approx. 679,223 (assuming 50:1 reverse split) Sales/Marketing ($2.5M), Software development ($.5M), Debt reduction ($2.2M), Working Capital & other general corporate expenses ($8.4M) Aegis Capital Corp. - Bookrunning Manager#5IGI Highlights ▪ Cybersecurity focus ▪ Combination of SaaS & Professional Services ▪ Channel-focused GTM ■ SaaS-based recurring revenue Patent Portfolio CY#6IGI About IGI Growth oriented, public cybersecurity company (OTCQB:IMCI) uniquely positioned with recurring revenue in SaaS Technology and Services. t SaaS Solutions M&A Organic Growth PI Focused on Driving Growth & Recurring Revenue SMB to Mid-Size Enterprise Customers with Highly Developed Channel Structure#7IGI The Cybersecurity People' Cybersecurity Services Highlights Cybersecurity services growth with recurring revenue Experienced leadership and service delivery team ▪ Channel relationships - Telarus, large MSPs ▪ Strategic security overlay to MSPs and end customers' IT organizations Established relationship with a FEDGOV managed services customer#8IGI CyberLabs Cybersecurity SaaS Solutions Highlights ▪ Growing ARR ▪ Nodeware® Platform 1 US Patent & 1 Patent Pending $3M internal investment to date SaaS-based recurring revenue Channel relationships - Telarus, TD SYNNEX, Ingram Micro, Staples, other MSPs In-house and domestic development teams driving new IP & SaaS solutions#9Key Trends We believe the rapid adoption of widespread remote work exposes security gaps for organizations and these gaps need to be quickly closed. Attackers are constantly evolving and developing new ways to penetrate networks and systems, and companies need to stay in the forefront of security technology to thwart these attacks. IGI Within this rapidly evolving field, we have concentrated on three durable trends: 1. Security platforms need to reduce security complexity and show clear, actionable results 2. The hybrid of private networks and public cloud requires security products that support both legacy needs and new technology 3. The rapid increase in alerts and attacks requiring remediation will require an increasing amount of automation#10IGI Outlook for Cybersecurity Market - SaaS Driven LA $180 billion by 2023 $366 billion by 2028 IGI OTCQB: IMCI The VM market is slated to grow to $12B by 2026 Sources: Globe Newswire 2022 release PRNewswire 2022 News Release The Brainy Insights#11Seconds Between Attacks Ransomware Damages Time Between Attacks 130 97 65 32 Factors driving growth of SaaS based software Ransomware Damage Growth Aided by Higher Ransom Requests and Faster Attack Frequency 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 2027 2028 2029 2030 2031 Source: Morningstar, Cybersecurity Ventures IGI $270 $202 $135 Ransomware Damages (Billions USD) $160.0 $140.0 $120.0 $100.0 $80.0 $60.0 $40.0 $20.0 $0.0 Global Revenue of the SaaS Market by Region (Billions $) 2020 2021 9% CAGR 13% CAGR 2022 Americas Europe 2023 2024 2025 2026 Cyber-attacks predicted to add 200-300 basis points of growth - equates to 20% growth YoY in 2022 Source: Statista Software as a Service Report 2021#12IGI Market Penetration to US Market - SaaS only 6M+ SMEs in US (5-500 employees) - Unpatched and unknown vulnerabilities are the source of 60%+ breaches Distribution drives growth Telarus, TD SYNNEX, Ingram Micro, Staples & large MSPs today, more in negotiation - MSP focus ▪ Vertical integration - Outside US fuels additional growth - Bookings and recurring revenue growing monthly 1.25% 5% 10% Est. US Market Penetration (%) 1.25% 5.0% 10% Est. US Market Opportunity (ARR) -$28M+ -$113M+ -$226M+#13Nodeware SaaS Vulnerability Management Easy-to-use vulnerability management solution that provides a complete and continuous visibility of your network, its assets, and the vulnerabilities that put your business at risk IGI •○• V Simple and easy to use for MSPs or IT Admins; no security certification required Provides MSPs an easy bundle with services Scalable across multiple networks and customers Ability for MSPs to manage multiple customer environments in single pane of glass 9 nodeware® Scan during normal business hours with no impact to the network Immediate device recognition and alerts Patented & developed by cybersecurity practitioners Easy installation with proven APIs for integration options IGI CyberLabs#14IGI Nodeware Dashboard nodeware Av Average Score B Elements Customers Sensors Subscription Reports Support Sales Demo 868 1000 nadeware Is Inventory Scans 347.8M Worldwide Cu Customers 3 118 Assets 110 Internal 8 External Need help getting connected? Step by step deployment guides and more at support.nodeware.com Vs Vulnerability Scans 444.9M Worldwide IGI Cybersecurity News 9/6 Simple Steps for Securing Small Healthcare 8/25 7/28 Building a Strong Cyber Culture for SMEs 7/14 How Unknown Cyber Risks Jeopardize Business Continuity 6/20 CISA's Cyber Essentials - Leveraging Cybersecurity Principles to Protect your Business 6/27 Exploring CIS 18-the Critical Security Components for SMBs MSPs are Key to Digital Transformation Success Build a Risk-Based Cybersecurity Program-on a Budget IGI Cybersecurity Newsroom Pr Protected Assets 383.3K Worldwide IGI CyberLabs#15Nodeware Executive Summary Dashboard Pawnee Parks & Rec September 07, 2022 Last 30 Days 20 Assets Top 10 Vulnerabilities Vulnerability Name Operating System: End of Life CVE-2016-1908: Vulnerability in OpenSSH CVE-2022-23943: Vulnerability in Apache HTTP Server CVE-2020-11984: Vulnerability in Apache HTTP Server CVE-2021-44790: Vulnerability in Apache HTTP Server CVE-2022-22720: Vulnerability in Apache HTTP Server CVE-2021-39275: Vulnerability in Apache HTTP Server CVE-2021-26691: Vulnerability in Apache HTTP Server CVE-2022-22721: Vulnerability in Apache HTTP Server CVE-2021-40438: Vulnerability in Apache HTTP Server Most Common Vulnerabilities Vulnerability Name CVE-2016-20012: Vulnerability in OpenSSH CVE-2021-36368: Vulnerability in OpenSSH CVE-2020-15778: Vulnerability in OpenSSH CVE-2021-41617: Vulnerability in OpenSSH CVE-2020-14145: Vulnerability in OpenSSH CVE-2019-6109: Vulnerability in OpenSSH CVE-2019-6110: Vulnerability in OpenSSH CVE-2019-6111: Vulnerability in OpenSSH CVE-2018-15473: Vulnerability in OpenSSH CVE-2018-20685: Vulnerability in OpenSSH 791 Severity CRITICAL CRITICAL CRITICAL CRITICAL CRITICAL CRITICAL CRITICAL CRITICAL CRITICAL CRITICAL Severity MEDIUM LOW HIGH HIGH MEDIUM MEDIUM MEDIUM MEDIUM MEDIUM MEDIUM I 1000 Assets 1 2 1 1 1 1 1 1 1 1 Assets 8 8 8 5 5 5 5 5#16Key Nodeware Differentiators * Little competition in the market space Nodeware is pursuing Continuous monitoring & scanning - Provides real time alerting Easy to deploy, easy to use, low cost of acquisition and ownership No impact to network utilization, new device and critical vulnerability alerts Large enterprise VM solutions can't come down market - focus is Fortune 2000 "Not fit for the SMB/SME market Advanced APIs create a forced multiplier for others selling Nodeware driving our channel strategy IGI Over 390k assets monitored >455M vulnerability scans to date >2,500 unique OS identified >350M inventory/ asset scans#17Business Trends Over the last 6 months: • New bookings increasing monthly - high five to low six figures ▪ Asset counts more than doubled IGI PSAs/Quoting/Insurance MSP/MSSP Zomentum Gradient Cysurance ThreatAdvice Integris Xerox BS 5% 20% 5% Distribution/MSP Aggregators TDSynnex Ingram Micro Security Studio 7Figure MSP ASCII 40% SOCSoter AgileBlue 30% Vertical Integration/OEMS Mosaic SDP CPI LightPoint Pro › Serv/Compliance Source: IGI 2022 Financials Outer Ring: Business Categories Middle Ring: Current Channel Relationships Inner Ring: % of Bookings thru Current Relationships#18IGI IGI Corporate Executives James Villa CEO, Board Member Jim serves as Chief Executive Officer and is on the Board of Directors of IGI. Jim has over 35 years of professional experience investing, raising capital, and consulting with a variety of public and privately held organizations. Andrew Hoyen President/COO, Board Member Andrew serves as President & COO and is on the Board of Directors of IGI. He brings over 25 years of experience in strategy, M&A, and management from a variety of executive roles at Fortune 100 companies like Eastman Kodak, Carestream, and Toyota. Rich Glickman VP, Finance & CAO Rich serves as CAO for IGI. His over 30 years of experience at various private and publicly held companies help him lead IGI's accounting & financial reporting and analytics organization along with various special projects. He has held finance leadership roles at Frontier Corp., AT&T, American Rock Salt, and Time Warner Cable.#19IGI IGI Leadership Team Rich Popper, VP, Business Development Rich brings over 30 years of experience in technology in executive roles that encompass business & channel development, operations, M&A and software product management. Kevin Hutchinson, VP, Cybersecurity Services Kevin, a United States Army veteran, brings over 25 years of information technology & security experience and leadership to IGI. Kevin has worked as a CIO and Information Security Officer for small businesses, national and international organizations in a variety of industries. Brian Drake Director of Technology Development Brian brings a wealth of knowledge from technology and software development industry. With many years experience of developing and coding, he is the chief architect behind the patented Nodeware® platform and is responsible for future technology ideation and creation for IGI. Stuart Cohen President, IGI CyberLabs Stuart brings 35 years of experience of industry experience in high tech, open source, and cybersecurity collaboration. As the Founder of The Cybersecurity Collaborative and a former VP at the CyberRisk Alliance & IBM, Stuart brings a wealth of knowledge to IGI's cybersecurity software and SaaS focused subsidiary. Paul Robinson VP, National Sales Paul brings over 15 years of results and leadership in cybersecurity sales and business development to his role at IGI. His vast knowledge of all the areas related to technology and cybersecurity provides the leadership necessary to drive outcomes. Frank Raimondi VP, Channel Development A strategic channel marketing professional, Frank brings together organizations to develop strategies and programs producing high value outcomes. With 30+ years in the technology channels, Frank utilizes his strong relationships with vendors, distributors and reseller partners, to drive strategy and growth.#20IGI IGI Board Don Reeve, Chairman, Independent Director Since January 2013, he has been the principal partner at ReTech Services, LLC, a management consulting practice. Previously, Mr. Reeve was Senior Vice President and Chief Information Officer for Wegmans Food Markets, Inc. (Wegmans). Mr. Reeve serves on the Board of Directors of ESL Federal Credit Union, a full-service financial institution. He also serves on the Board of Directors of Veterans Outreach Center of Rochester. Mr. Reeve brings to the Board the experience of managing the IT requirements for a growing company in a competitive environment. Teresa Bair, Independent Director Nominee Since October 2021, she has been Chief Legal Officer, Chief Compliance Officer and Corporate Secretary of Kura Oncology, Inc. (Nasdaq: KURA). Previously, from June 2015 until October 2021, Ms. Bair held various legal positions with Athenex, Inc. (Nasdaq: ATNX). Prior to that, she was as a Partner with Harris Beach, PLLC, a full-service law firm. Ms. Bair serves on the Board of Directors of BirchBioMed Inc., a clinical-stage anti-scarring biomedical company. Ms. Bair brings to the board over 25 years of in-house and law firm experience, including significant experience in public company compliance and corporate governance. Kenneth Edwards, Independent Director Nominee Since 2016, he has been Chief Financial Officer of Edison Learning, Inc., an education management company. Mr. Edwards serves on the Board of Directors of SilverSun Technologies, Inc. (Nasdaq: SSNT), a provider of transformational business technology solutions and services. He is a certified public accountant. Mr. Edwards brings to the board over 40 years of experience in the accounting and finance industry.#21IGI Our Approach Growing, public cybersecurity company (OTCQB:IMCI), positioned for continued success in cyber industry Growth oriented recurring cybersecurity revenue * 20 years of cybersecurity background and pedigree In-house & domestic development teams ▪ Driving multiples of revenue and valuation through SaaS based cyber-software • Uniquely positioned with expert service delivery team and its own patented SaaS platform - Additional IP portfolio being developed Channel relationships - Telarus, TD SYNNEX, Staples, Perspecta, Large National MSPs Key team members have significant M&A experience Strategic plan for roll-up of niche cybersecurity companies ▪ Mid-market consolidation strategy can drive rapid top line growth and shareholder value IGI leadership and management teams can oversee successful transitions#22IGI Why Invest Cybersecurity company positioned for continued success in a rapidly growing cyber industry 3. Unrecognized Value Undervalued - Market is showing minimum 12-15x revenues for SaaS cyber companies Lav Im Combination of SaaS Solutions & Services Greater diversity enables IGI to grow across the industry and stay ahead of the curve P Strategic Growth Strategy Opportunity exists to acquire additional cyber technology and solutions as the market continues to consolidate#23Nour Dandan Marketing & IR Manager [email protected] (585)485-5785 For investment inquiries contact [email protected] IGI Infinite Group, Inc. (IGI) (OTCQB:IMCI) www.igicybersecurity.com www.igicyberlabs.com www.nodeware.com