Business Editors

LEONIA, N.J.--(BUSINESS WIRE)--Jan. 16, 2003

Infocrossing, Inc. (NASDAQ: IFOX), a leading provider of selective IT and business process outsourcing solutions, announced today the signing of a new mainframe outsourcing contract with a billion dollar manufacturing company.

Infocrossing will provide the mainframe computing infrastructure and 24 x 7 operations and technical services in support of the client's mission-critical business systems. The contract will add $4 million to the Company's revenue over the next two years. Implementation is expected to be completed by the end of the first quarter.

"We continue to execute our strategy of growth through selective outsourcing," stated Zach Lonstein, Chairman and CEO of Infocrossing. "This latest agreement adds to the $20 million in new contracts signed in 2002 and will contribute significantly towards making 2003 another record year," he concluded. The company recently announced 2002 revenue in excess of $50.5 million, the greatest revenue year in the company's history.

About Infocrossing, Inc. (http://www.infocrossing.com)

Infocrossing, Inc. (IFOX) is a premier provider of a full range of IT outsourcing services, including mainframe outsourcing, midrange and open systems management, business continuity services, and IT infrastructure consulting. With more than 18 years of experience managing large, mission-critical IT systems, Infocrossing assures the optimal performance, security, reliability and scalability of customers' mainframes, distributed servers and networks, irrespective of where the systems components are located.

This release contains forward-looking statements within the meaning of Section 21E of the Securities Exchange Act of 1934, as amended. As such, final results could differ from estimates or expectations due to risks and uncertainties, including but not limited to: incomplete or preliminary information; changes in government regulations and policies; continued acceptance of the Company's products and services in the marketplace; competitive factors; technological changes; the Company's dependence upon third-party suppliers; intellectual property rights; and other risks. For any of these factors, the Company claims the protection of the safe harbor for forward-looking statements contained in the Private Securities Litigation Reform Act of 1995, as amended.