IntriCon Amends Domestic Credit Facilities

  IntriCon Amends Domestic Credit Facilities

      Extends Term Four Years and Increases Domestic Borrowing Capacity

Business Wire

ARDEN HILLS, Minn. -- February 14, 2014

IntriCon Corporation (NASDAQ:IIN), a designer, developer, manufacturer and
distributor of miniature and micro-miniature body-worn devices, today
announced it has amended its credit facilities with The PrivateBank and Trust
Company.

Terms of the amendment include, among other things:

  *Extending the term loan and revolving loan maturity date to February 28,
    2018, keeping the existing term loan amortization schedule in place;
  *Increasing the eligible borrowing capacity under the revolving line of
    credit facility;
  *Amending the applicable base rate margin, applicable LIBOR rate margin,
    applicable LOC fee and applicable non-use fee based on the then applicable
    leverage ratio; and
  *Amending the funded debt to EBITDA and fixed charge coverage financial
    covenants.

Said Mark S. Gorder, president and chief executive officer, "The extended
terms and increased borrowing capacity of our amended credit facilities
enhance IntriCon's financial flexibility and strengthen the company in both
the short- and long-term. This amendment reinforces The PrivateBank’s
commitment to our strategic plan and its belief in our ability to execute our
growth initiatives successfully. We're using the facilities to fund
anticipated working capital growth requirements."

About IntriCon Corporation
Headquartered in Arden Hills, Minn., IntriCon Corporation designs, develops
and manufactures miniature and micro-miniature body-worn devices. These
advanced products help medical, healthcare and professional communications
companies meet the rising demand for smaller, more intelligent and better
connected devices. IntriCon has facilities in the United States, Asia and
Europe. The company’s common stock trades under the symbol “IIN” on the NASDAQ
Global Market. For more information about IntriCon, visit www.intricon.com.

Forward-Looking Statements
Statements made in this release and in IntriCon’s other public filings and
releases that are not historical facts or that include forward-looking
terminology are “forward-looking statements” within the meaning of the
Securities Exchange Act of 1934, as amended. These forward-looking statements
may be affected by known and unknown risks, uncertainties and other factors
that are beyond IntriCon’s control, and may cause IntriCon’s actual results,
performance or achievements to differ materially from the results, performance
and achievements expressed or implied in the forward-looking statements. These
risks, uncertainties and other factors are detailed from time to time in the
company’s filings with the Securities and Exchange Commission, including the
Annual Report on Form 10-K for the year ended December 31, 2012. The company
disclaims any intent or obligation to publicly update or revise any
forward-looking statements, regardless of whether new information becomes
available, future developments occur or otherwise.

Contact:

At IntriCon:
Scott Longval, CFO, 651-604-9526
slongval@intricon.com
or
At PadillaCRT:
Matt Sullivan, 612-455-1700
matt.sullivan@padillacrt.com
 
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