Advant E Corp (ADVC) SEC Filing 10-K Annual report for the fiscal year ending Monday, December 31, 2012

Advant E Corp

CIK: 925043 Ticker: ADVC

Exhibit 99.1



Tuesday, March 26, 2013

Advant-e Corporation Announces Financial Results for 2012

Company Reports Record Revenue and Net Income; Revenue Increased 5%

and Net Income Increased 17% Compared to 2011

Beavercreek, Ohio, March 26, 2013 — Advant-e Corporation (OTCQB: ADVC) today announced financial and operating results for the year ending December 31, 2012. The Company provides Internet-based Electronic Data Interchange services through Edict Systems, Inc. and sells electronic document management software and services through Merkur Group, Inc.

The Company reported revenue in 2012 of $10,106,048 compared to revenue of $9,588,535 in 2011, and reported net income for 2012 of $2,000,842, or $.030 per share, compared to $1,711,380, or $.026 per share, in 2011.

Consolidated revenue set a record, and increased by 5% over 2011. Revenue for Edict Systems, which grew for the twelfth consecutive year, increased by 6% primarily from growth in Web EDI services in Grocery/Retail and Automotive, and in EnterpriseEC. Revenue from Merkur Group decreased by 1% as Merkur continues to confront challenges in its targeted markets.

Consolidated net income set a record and increased by 17% over 2011. 2012 was the tenth consecutive year that the Company has reported a net profit. Net income increased from Edict Systems by 14% and from Merkur Group by 29%.

Mr. Jason K. Wadzinski, Chairman and CEO of Advant-e stated, “2012 was a good year for Advant-e Corporation. Although Merkur Group did not show revenue growth, Merkur did increase its contribution to net income. Edict continued to grow in its targeted markets, and contributed significantly to our profitability.”

“Our previously stated goal has been to achieve a minimum 20% pre-tax income. In 2012 and 2011 we reported pre-tax income of 30% and 27%. In 2013 we will be investing significantly in our infrastructure and our services. We expect to reach our 20% goal in 2013, but not to exceed it by as much as we did in the prior two years.”

“In a press release dated December 13, 2012, we stated that we are committed to the previously announced voluntary suspension of our public reporting obligations,” continued Mr. Wadzinski. “Since that time there have been no changes in the determining factors that this action would be in the best interests of the Company and our shareholders.”

About Advant-e Corporation

Advant-e, via its wholly owned subsidiaries Edict Systems, Inc. and Merkur Group, Inc. is a provider of internet-based hosted Electronic Data Interchange (EDI) and electronic

The following information was filed by Advant E Corp (ADVC) on Tuesday, March 26, 2013 as an 8K 2.02 statement, which is an earnings press release pertaining to results of operations and financial condition. It may be helpful to assess the quality of management by comparing the information in the press release to the information in the accompanying 10-K Annual Report statement of earnings and operation as management may choose to highlight particular information in the press release.

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Advant E Corp's Definitive Proxy Statement (Form DEF 14A) filed after their 2013 10-K Annual Report includes:

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Advant E Corp provided additional information to their SEC Filing as exhibits

Ticker: ADVC
CIK: 925043
Form Type: 10-K Annual Report
Accession Number: 0001193125-13-131245
Submitted to the SEC: Thu Mar 28 2013 11:24:42 AM EST
Accepted by the SEC: Thu Mar 28 2013
Period: Monday, December 31, 2012
Industry: Prepackaged Software

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