SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
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FORM 8-K
CURRENT REPORT
PURSUANT TO SECTION 13 OR 15(D) OF THE
SECURITIES EXCHANGE ACT OF 1934
Date of Report (Date of earliest event reported): December 12, 2001
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INFINITE GROUP, INC.
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(Exact name of Registrant as specified in its charter)
DELAWARE 0-21816 52-1490422
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(State or other jurisdiction of (Commission File (IRS Employer Identification
incorporation) Number) No.)
2364 Post Road, Warwick, RI 02886
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(Address of principal executive office) (Zip Code)
(401) 738-5777
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Registrant's telephone number, including area code
N/A
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(Former name or former address, if changed since last report)
Item 5. Other Events.
On December 12, 2001 the Registrant issued the following press release:
"Infinite Selected to Receive $12 Million DARPA Contract
Warwick, RI and Orlando, FL. (December 12, 2001) Infinite Group, Inc. (Nasdaq:
IMCI) announced that its subsidiary, Infinite Photonics, Inc., has been selected
to receive a $12 million contract for its proprietary grating coupled surface
emitting laser (IP GCSEL(TM)) diode technology from the Defense Advanced
Research Projects Agency, (DARPA). Subject to final contract negotiations, the
full effort is to begin in the first quarter of 2002.
"This effort provides funding for both pump and source laser diodes", stated
Jeff Bullington, President of Infinite Photonics. "The goal of the program is
the development and commercialization of single mode GCSEL devices with powers
more than 100 times greater than commercially available Fabry-Perot devices. We
will also achieve ultra short pulse widths, high repetition rates, high beam
quality, low divergence angles (50 times smaller than existing competitive
diodes) with narrow line width, tunability, and high mode suppression." This
work will build on the work currently being performed in Laser Fare ATG,
Infinite's research and development division.
"We believe we have achieved a significant breakthrough with our proprietary IP
GCSEL(tm) technology platform for the optical communications and materials
processing markets", said Clifford G. Brockmyre, CEO of Infinite Group. "Based
on results to date, we believe we are capable of achieving the world's best
simultaneous performance characteristics for overall power, ultra-short pulse
(direct modulation for ultra-high data rate), tunability and high spectral beam
quality ensuring that the IP GCSEL(tm) technology will produce a long succession
of superior products with dramatically enhanced performance with reduced
packaging and assembly cost."
DARPA is the research element within the Department of Defense and has been
responsible for funding development and implementation of many breakthrough
technologies. Perhaps the most familiar of these is the Internet.
Infinite Photonics, Inc. develops and markets laser diodes based on its
proprietary, patented and patent pending IP GCSEL(tm) technology platform. 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.
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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."
SIGNATURE
Pursuant to the requirements of the Securities Exchange Act of 1934,
the registrant has duly caused this report to be signed on its behalf by the
undersigned hereunto duly authorized.
INFINITE GROUP, INC.
Date: December 12, 2001 By: /s/Clifford G. Brockmyre II
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Clifford G. Brockmyre II
President
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