Friday, 5 September 2008

Innotrac

Innotrac Corporation (NASDAQ: INOC) today updated its previous announcement regarding the restriction placed on the trading of Company stock in the IPOF Fund, L.P. administered by the receiver appointed by the United States District Court in Cleveland, Ohio. In an order dated September 5, 2008, the Court extended the period during which financial institutions holding Company stock owned by the IPOF Fund, Mr. Dadante or Dadante-related entities are restricted from trading any of these shares as defined in the Court's prior orders until December 5, 2008. The Company's discussions with the receiver exploring avenues for the disposition of the shares are ongoing.

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