Exhibit 99.1

For additional information contact:
Richard S. DeRose
(703) 293-7901

For immediate release

Information Analysis Inc. Reports Profitable Results for 2012

FAIRFAX, VIRGINIA – Information Analysis Inc. (IAIC:OTCBB) today reported results for the year ended December 31, 2012. Revenues were $7,058,000, compared to revenues of $7,821,000 for the same period in 2011. The information technology services company reported net income of $100,000, or $0.01 per share basic and diluted, compared to net income of $154,000, or $0.01 per share basic and diluted, reported for the comparable 2011 period.

      “In 2012, the Company remained profitable in spite of government budget cuts. We are adding initiatives in new areas, such as cyber security, incident management, mobile applications, and more generalized user applications using Adobe products for our solutions sets in order to increase our business base,” said Sandor Rosenberg, Chairman and Chief Executive Officer of IAI. “In addition, we are making investments in marketing and sales in both the commercial market as well as in the government sector. Although sequestration has had some impact on operations, we feel that our business will improve as the government budget becomes stable.” “We continue to pursue merger and acquisition opportunities.”

About Information Analysis Incorporated

     Information Analysis Incorporated (www.infoa.com), headquartered in Fairfax, Virginia, is an information technology services company. The Company is a web solution provider and software conversion specialist, modernizing legacy systems and extending their reach to the internet world.

Additional information for investors

     This release may contain forward-looking statements regarding the Company's business, customer prospects, or other factors that may affect future earnings or financial results. Such statements involve risks and uncertainties which could cause actual results to vary materially from those expressed in the forward-looking statements. Investors should read and understand the risk factors detailed in the Company's 10-K for the fiscal year ended December 31, 2012 and in other filings with the Securities and Exchange Commission.

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Information Analysis Reports Profitable Results for 2012
March 28, 2013
Page 2 of 3
Information Analysis Incorporated
Statements of Operations
		Year ended December 31,
(in thousands, except per share data; audited)		2012		2011
Revenue:
Professional fees	$	5,027	$	4,701
Software sales		2,031		3,120
Total revenue		7,058		7,821
Cost of goods sold and services provided:
Cost of professional fees		2,899		2,714
Cost of software sales		1,748		2,665
Total cost of sales		4,647		5,379
Gross margin		2,411		2,442
Selling, general and administrative expense		2,317		2,293
Income from operations		94		149
Other income, net		6		8
Income before income taxes		100		157
Provision for income taxes		--		3
Net income	$	100	$	154
Earnings per share:
Basic	$	0.01	$	0.01
Diluted	$	0.01	$	0.01
Shares used in calculating earnings per share:
Basic	11,200,025		11,196,760
Diluted	11,210,939		11,224,410

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Information Analysis Reports Profitable Results for 2012
March 28, 2013
Page 3 of 3
Information Analysis Incorporated
Balance Sheets
		As of		As of
		December 31, 2012		December 31, 2011
(in thousands)		(audited)		(audited)
ASSETS
Current assets:
Cash and cash equivalents	$	2,623	$	1,281
Accounts receivable, net		738		2,890
Prepaid expenses		192		787
Note receivable, current		2		7
Total current assets		3,555		4,965
Fixed assets, net		39		41
Note receivable, long-term		4		4
Other assets		6		6
Total assets	$	3,604	$	5,016
LIABILITIES & STOCKHOLDERS' EQUITY
Current liabilities:
Accounts payable	$	112	$	998
Commissions payable		806		679
Accrued payroll and related liabilities		270		248
Deferred revenues		220		940
Other accrued liabilities		48		107
Taxes payable		-		3
Total liabilities		1,456		2,975
Common stock, par value $0.01, 30,000,000 shares authorized;
12,844,376 and 12,839,376 shares issued, 11,201,760 and
11,196,760 shares outstanding as of December 31, 2012 and
December 31, 2011, respectively		128		128
Additional paid in capital		14,582		14,574
Accumulated deficit		(11,632)		(11,732)
Less treasury stock; 1,642,616 shares at cost		(930)		(930)
Total stockholders' equity		2,148		2,040
Total liabilities and stockholders' equity	$	3,604	$	5,015

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