Intermagnetics Invites You to Join Its Annual Meeting 2002 Presentation on the Web.

In conjunction with Intermagnetics' 2002 annual meeting, you are invited to listen to its presentation that will be broadcast live over the Internet on Tuesday, November 12, 2002 at 2:00 PM Eastern with Glenn Epstein, Chairman and CEO of Intermagnetics General Corporation .

   What:   Intermagnetics' 2002 Annual Meeting Presentation    When:   2:00 PM Eastern    Where:  http://www.igc.com - Under the Investor Relations Section -           Annual Meeting 2002    How:    Live over the Internet -- Simply log on to the web at the address           above    Contact:  Cathy Yudzevich, IR Specialist - cyudzevich@igc.com   

Intermagnetics, drawing on the financial strength, operational excellence and technical leadership in its core businesses of Magnetic Resonance Imaging and Instrumentation has become a prominent participant in superconducting applications for Energy Technology. The company has a more than 30-year history as a successful developer, manufacturer and marketer of superconducting materials, radio-frequency coils, magnets and devices utilizing low- and high-temperature superconductors and related cryogenic equipment. Intermagnetics derives current revenues primarily from applications within magnetic resonance imaging for medical diagnostics and cryogenic applications for vacuum and related processes. The company is at the forefront in the development of high-temperature superconductor-based applications that would provide increased capacity and reliability for transmission and distribution of electric power. Through its own research and development programs and in conjunction with industry and other partners, Intermagnetics is committed to further commercialization of applied superconductivity and cryogenic systems for a broad range of applications.

If you are unable to participate during the live webcast, the call will be archived on the Web site http://www.igc.com/ for ninety days. To access the replay, click on Investor Relations then Annual Meeting 2002.

(Minimum Requirements to listen to broadcast: The RealPlayer software, downloadable free from http://www.real.com/products/player/index.html and at least a 14.4Kbps connection to the Internet. If you experience problems listening to the broadcast, send an email to webmaster@vdat.com.)

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CONTACT: Cathy Yudzevich, IR Specialist, +1-518-782-1122, or cyudzevich@igc.com

Web site: http://www.igc.com/