EXHIBIT 1 The undersigned hereby agree, pursuant to Rule 13d-1(f)(1) to file a joint statement on Schedule 13D and amendments thereto pertaining to their beneficial ownership of shares of Common Stock of Infinite Machines Corp. This Agreement may be...

                                                                       EXHIBIT 1

      The undersigned hereby agree, pursuant to Rule 13d-1(f)(1) to file a joint
statement on Schedule 13D and amendments thereto pertaining to their beneficial
ownership of shares of Common Stock of Infinite Machines Corp.

      This Agreement may be terminated for any reason by any party hereto
immediately upon the personal delivery or facsimile transmission of notice to
that effect to the other parties hereto.

      This agreement may be executed in counterparts and all so executed shall
constitute the agreement.

Dated: March 13, 1998

                                       CLEARWATER FUND IV, LLC


                                       /s/      Hans Xxxxxxxx Xxxx
                                       ------------------------------------
                                       By:      Hans Xxxxxxxx Xxxx
                                       Title:   Managing Member


                                       CLEARWATER OFFSHORE FUND LTD.

                                       By: XXXXXXX CONSULTANT LTD., a director

                                       By: FALKIRK S.A., as attorney-in-fact


                                       By: /s/Xxxxx Xxxxxxx
                                       ------------------------------------
                                       Title: Director


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