Innotrac Corporation Moves into New Corporate Headquarters and Opens a New Warehouse
ATLANTA, Feb. 1 /PRNewswire-FirstCall/ -- Innotrac Corporation (Nasdaq: INOC), a leading full-service provider of product fulfillment, order processing, and customer care services for direct-to-consumer marketers, recently completed the move into new corporate headquarters at 6465 East Johns Crossing in Johns Creek, GA. The Johns Creek location is just north of downtown Atlanta and less than an hour from the Atlanta airport.
The new headquarters building is home for the Innotrac leadership, Information Technology, accounting, finance, sales and marketing teams. The 25,000 square foot office space is also home for some of Innotrac's client services and Human Resources teams, with other team members located on site at other facilities.
In addition to a new corporate headquarters, Innotrac also leased 115,000 square feet of space in Progress Distribution Center located near Highway 316 and Interstate 85 in Lawrenceville, Georgia. The facility can be expanded to 200,000 square feet.
Innotrac operates an integrated network of facilities nationwide totaling 2.3 million square feet of warehouse and production space. In addition to the facility just leased in the Atlanta area, Innotrac has 6 other facilities -- two in the Cincinnati market area, one near Chicago, one near Columbus, one in Reno, and a combined fulfillment and customer care center in Pueblo, Colorado.
"Our strategy was to select distribution center locations and build a national network that would allow us to offer our clients the most cost effective freight solutions," said Robert Toner, Senior Vice President of Logistics. "Our integrated network lets us offer a multi-facility fulfillment solution that gets orders to most consumers in 1-2 business days using standard shipping."
CONTACT: Nancy Bergeron, Vice President Marketing
Innotrac Corporation, founded in 1984 and based near 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 seven fulfillment centers and one call center spanning all time zones across the continental United States. For more information about Innotrac, visit the Innotrac Website, www.innotrac.com.
Information contained in this press release, other than historical information, may be considered forward-looking in nature. Forward-looking statements in this press release include our expectations for future progress in our business and future generation of cash flows. 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 operating results, performance or financial condition are competition, the demand for Innotrac's services, Innotrac's ability to retain its current clients, Innotrac's success in growing its existing client base, developing new business, reducing operating costs in response to reduced service revenues, realization of expected revenues from new clients, the general state of the industries that the Company serves, changing technologies, Innotrac's ability to maintain profit margins in the face of pricing pressures and numerous other factors discussed in Innotrac's 2008 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.
SOURCE Innotrac Corporation
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