Infinity Capital Group Announces Lapsing of Merger & Investment Term Sheet With Infotech Global, Inc. and Infinity Portfolio Company NPI08

NEW YORK, NY--(Marketwire - February 27, 2009) - Infinity Capital Group, Inc. (OTCBB: ICGP) ("Infinity"), a business development company and public reverse merger investor, announced today that its merger and investment term sheet with Infotech Global, Inc. ("IGI"), a privately held Piscataway, NJ-based company, has expired.

The term sheet provided that IGI would merge with NPI08, Inc. (PINKSHEETS: NPIE), a Portfolio Company of Infinity Capital, subject to Infinity's due diligence review and the arrangement of capital. Infinity was unable to enter a formal merger agreement with IGI during its exclusivity period under the term sheet. Infinity is continuing to negotiate with IGI and is currently evaluating several investment opportunities potentially looking to go public via a strategic merger/recapitalization with NPI08, Inc.

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