IGI To Report Second Quarter 2005 Financial Results on Friday, August 12, 2005

BUENA, N.J.--(BUSINESS WIRE)--Aug. 9, 2005--IGI, INC. (AMEX:IG) is scheduled to report financial results for the second quarter 2005 on Friday, August 12, 2005, prior to the market open.

IGI will hold a conference call at 10:00 AM ET on Friday, August 12, 2005 to discuss its financial results and continuing business plans. Interested parties are invited to listen to the call live over the Internet at www.companyboardroom.com or the Company's website www.askigi.com or by dialing 1-866-578-5788, passcode 14173400. International participants should call 1-617-213-8057 using the same passcode as above. For interested parties unable to join the call, a replay will be available until August 19, 2005, by dialing 1-888-286-8010, passcode 63990360.

IGI is a company committed to growth by applying proprietary technologies to achieve cost-effective solutions for varied customer needs. IGI offers the patented Novasome(R) nano-vesicular, transdermal delivery technology which contributes value-added qualities to cosmetics, skin care products, dermatological formulations and other consumer products, providing improved dermal absorption, controlled and sustained release as well as improved stability and greater ease of formulation. IGI has licensed Novasome(R) nano-vesicular delivery technology to leading global dermatological and skin care companies including Johnson & Johnson Consumer Products, Inc., Estee Lauder Corporation, Chattem Inc., Genesis Pharmaceutical, Inc. and Apollo Pharmaceutical, Inc., and has sub-licensed the rights to obtain FDA approval for and market IGI's PTH (1-34) compound using Novasome(R) nano-vesicular delivery technology for psoriasis, which is slated for Phase II clinical trials, to Tarpan Pharmaceuticals, Inc. IGI is also exploring the licensing of the topical PTH (7-34) compound for the prevention/treatment of chemotherapy induced-alopecia in patients undergoing chemotherapy.

This report contains forward-looking statements relating to IGI's hopes and expectations for the future. For this purpose, any statements contained herein that are not statements of historical fact may be deemed to be forward-looking statements. Without limiting the foregoing, words such as "will", "possible", "one time", "provides an opportunity", "continue" and similar expressions are intended to identify forward-looking statements. Such statements involve a number of risks and uncertainties and actual future events and results could differ materially from those indicated by such forward-looking statements due to general economic conditions, and the risk factors detailed in IGI's periodic reports and registration statements filed with the Securities and Exchange Commission.

Contacts

IGI, Inc.
Frank Gerardi, 856-697-1441 ext. 102
GERARDI700@aol.com

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