Innotrac Executive George Hare Named CFO of the Year Finalist
ATLANTA, June 8, 2011 /PRNewswire/ -- Innotrac Corporation (NASDAQ: INOC), a leader in providing technology-based, integrated fulfillment solutions for global brands, today announced that CFO George Hare was named as a finalist for the Atlanta Business Chronicle's CFO of the Year Award.
The CFO of the Year Awards event debuted in 2008 and honors Atlanta's leading chief financial officers. The list of honorees is developed through peer nominations and finalists and winners are selected by a panel of expert judges assembled by The Atlanta Business Chronicle along with the Association for Corporate Growth (ACG).
"We are proud that George's contributions and accomplishments have been recognized by the business community," said Scott Dorfman, CEO of Innotrac. "He is a key member of our executive team. His expertise in fiscal management provides a strong stable financial environment that allows Innotrac to continue to invest in infrastructure and deliver on our service commitments to our clients."
George Hare joined Innotrac in 2007 as CFO and Corporate Secretary, and was also honored by the Atlanta Business Chronicle in 2009.
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. 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 and the Netherlands. 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 include statements relating to expected new clients and future operating results. 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, Innotrac's ability to maintain or improve gross margins in the face of increasing revenues, 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 2010 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.
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