Innotrac Corporation Announces Bank Financing

                Innotrac Corporation Announces Bank Financing

PR Newswire

ATLANTA, June 13, 2013

ATLANTA, June 13, 2013 /PRNewswire/ --Innotrac Corporation (NASDAQ: INOC) has
successfully refinanced and expanded its senior credit facility with SunTrust
Bank effective today. Innotrac plans to use the increased availability to
fund its market expansion and growth in the U.S. The new 3 year, $25 million
credit facility significantly expands and simplifies the Company's loan
structure and provides Innotrac with enhanced liquidity, reduced interest
rates, and gives Innotrac a cash flow-based line of credit that is expected to
fuel the Company's expanding business for the foreseeable future. The
structure of the facility is a $25 million revolver, which gives the Company
flexibility and increased capacity to borrow for investment. Full details of
the terms of the credit facility are outlined in the 8-K filed with the SEC
today.

"We are pleased with our partnership with SunTrust Bank and delighted with the
structure of the bank line. We look forward to continuing to grow our
business and working with SunTrust," stated Steve Keaveney, CFO of Innotrac.
"This further strengthens our balance sheet, affording us ample opportunity
to invest in our fulfillment centers and infrastructure for our valued client
base. We believe the Company is well positioned for continued growth and we
look forward to working with the SunTrust team, who we expect to be a great
partner to support our growth."

About Innotrac
Innotrac Corporation, founded in 1984 and based near Atlanta, Georgia, is a
best-in-class commerce provider integrating digital technology, fulfillment,
contact center and business intelligence solutions to support global brands.
Innotrac's fulfillment, order management and contact center solutions are
integrated with all major web platforms, and seamlessly integrate with any
required partner technologies. The Company employs sophisticated order
processing and warehouse management technology and operates eight fulfillment
centers and one call center spanning all time zones across the continental
United States. Innotrac Europe GmbH has a network of fulfillment centers,
call centers, and returns processing facilities with operations in the UK,
Germany, France, Denmark, Sweden, Poland, Austria, Italy, Switzerland,
Ireland, Spain and the Netherlands. Connect with Innotrac at www.innotrac.com
or http://www.linkedin.com/company/innotrac.

Information contained in this press release, other than historical
information, may be considered forward-looking in nature. Forward-looking
statements in this release include statements relating to future events and
developments, as well as management's expectations, beliefs, plans, estimates
and projections relating to the future. Forward-looking statements are subject
to various risks, uncertainties and assumptions. Please refer to the Risk
Factors discussed in Innotrac's 2012 Annual Report on Form 10-K and other
filings on file with the Securities and Exchange Commission. Innotrac
disclaims any intention or obligation to update or revise any forward-looking
statement whether as a result of new information, future events or otherwise.

Contact
Steve Keaveney
Chief Financial Officer
678-584-4020
skeaveney@innotrac.com

SOURCE Innotrac Corporation

Website: http://www.innotrac.com
 
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