[December 20, 2006] Innotrac Corporation Announces That Report on Siemens Contract Is Totally False Tweet ATLANTA, Dec. 20 /PRNewswire-FirstCall/ -- Innotrac Corporation announced today that the press release purportedly made on its behalf at 8:31 a.m. this morning regarding a multi-year, multi-million dollar services agreement with a Siemens entity was not authorized by the Company and is totally untrue. The Company is in the process of investigating the source of such press release, but confirms that it does not believe that the source was from within the Company and that there is no truth to the reported agreement with Siemens. About Innotrac Innotrac Corporation, founded in 1984 and based in Atlanta, Georgia, is a full-service fulfillment and logistics provider serving enterprise clients and world-class brands. The Company employs sophisticated order processing and warehouse management technology and operates ten fulfillment centers and two call centers in seven cities spanning all time zones across the continental United States. For more information about Innotrac, visit the Innotrac Web site, http://www.innotrac.com/. Information contained in this press release, other than historical information, may be considered forward-looking in nature. Forward-looking statements are subject to various risks, uncertainties and assumptions. Should one or more of these risks or uncertainties materialize, or should underlying assumptions prove incorrect, actual results may vary materially from those anticipated, estimated or expected. Among the key factors that may have a direct bearing on Innotrac's stock price, operating results, performance or financial condition are supply of and demand for shares of the Company's stock and other market dynamics, competition, the demand for Innotrac's services, Innotrac's ability to retain its current clients and attract new clients, realization of expected revenues from new clients, the state of the telecommunications and direct response industries in general, changing technologies, Innotrac's ability to maintain profit margins in the face of pricing pressures and numerous other factors discussed in Innotrac's 2005 Annual Report on Form 10-K and other filings on file with the Securities and Exchange Commission. Innotrac Corporation CONTACT: Chrissy Herren, Corporate Controller of Innotrac Corporation,+1-678-584-4115, or [email protected] Web site: http://www.innotrac.com/ [ Back To TMCnet.com's Homepage ]