Investor Relations & Company News2021-05-18T15:50:40+00:00

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Intellinetics Launches Business Process Outsourcing Services

COLUMBUS, Ohio, June 29, 2021, (GLOBE NEWSWIRE) –Intellinetics, Inc., (OTCQB: INLX) a cloud-based document solutions provider, today announced the launch of its new Business Process Outsourcing (BPO) services to meet the evolving needs of existing customers and expand its service offering into other markets . To better meet growing market demand for new business and service models, driven by a virtual workforce, Intellinetics is excited to launch expanded BPO solutions. Intellinetics’ integrated solutions are anchored [...]

June 29th, 2021|Comments Off on Intellinetics Launches Business Process Outsourcing Services

Intellinetics Celebrates Grand Opening of New Records Storage Center in Michigan

COLUMBUS, Ohio, June 14, 2021, (GLOBE NEWSWIRE) –Intellinetics, Inc., (OTCQB: INLX) a cloud-based document solutions provider, today announced the opening of a new records storage center to support growth of the company’s document storage and retrieval services. The new records storage center, located in Sterling Heights, Michigan, spans 29,500 square feet and serves as an opportunity to consolidate two of the company’s existing Madison Heights, Michigan locations while increasing the box storage capacity by [...]

June 14th, 2021|Comments Off on Intellinetics Celebrates Grand Opening of New Records Storage Center in Michigan

Intellinetics, Inc. Reports First Quarter Results

Revenues Increase 117%; Earnings per share of $0.27COLUMBUS, OH – (May 17, 2021) – Intellinetics, Inc. (OTCQB: INLX), a cloud-based document solutions provider, announced financial results for the three months ended March 31, 2021.2021 First Quarter Financial Highlights Total Revenue increased 117% from the same period in 2020.Software as a Service Revenue increased 43% from the same period in 2020.Net Income of $842,772, compared to Net Loss of $646,211 from the same period in 2020.Adjusted [...]

May 17th, 2021|Comments Off on Intellinetics, Inc. Reports First Quarter Results

Intellinetics Announces Date of First Quarter 2021 Results

Conference Call COLUMBUS, OH – (May 7, 2021) – Intellinetics, Inc. (OTCQB: INLX) will hold a conference call to discuss its financial results for the first quarter of 2021 on Monday, May 17, 2021, at 9:30 a.m. Eastern Time. The conference call can be accessed by dialing +1 929 205 6099 and providing passcode 81193757884#. If you are unable to participate during the live call, a replay of the conference call will be available [...]

May 7th, 2021|Comments Off on Intellinetics Announces Date of First Quarter 2021 Results

Successful Partnership between Intellinetics, Inc. and Software Unlimited, Inc. reaches 100-Customer Milestone

Fueled by Demand for Cloud Solutions in Key K-12 Market COLUMBUS, Ohio, May 4, 2021 (GLOBE NEWSWIRE) – Intellinetics, Inc., (OTCQB: INLX) a cloud-based document solutions provider, is excited to announce that it has achieved a significant milestone by securing the company’s 100th K-12 school district in partnership with Software Unlimited, Inc. (“SUI”), a major software developer and publisher of solutions for the K-12 market. When combined with existing  K-12 customers, this brings Intellinetics’ customer [...]

May 4th, 2021|0 Comments

Intellinetics, Inc. Reports Fourth Quarter and Year-End Results

Record Software as a Service and Overall Revenue; Positive Operating Cash Flow COLUMBUS, OH – (March 30, 2021) – Intellinetics, Inc. (OTCQB: INLX), a cloud-based document solutions provider, announced financial results for the three and twelve months ended December 31, 2020. 2020 Fourth Quarter Financial Highlights Total Revenue increased 332% from the same period in 2019. Software as a Service Revenue increased 38% from the same period in 2019. Net Loss of $1,427,307, compared [...]

March 30th, 2021|Comments Off on Intellinetics, Inc. Reports Fourth Quarter and Year-End Results

Intellinetics Announces Date of Fourth Quarter 2020 Results

Conference Call COLUMBUS, OH – (March 17, 2021) – Intellinetics, Inc. (OTCQB: INLX) will hold a conference call to discuss its financial results for the fourth quarter of 2020 on Tuesday, March 30, 2021, at 9:30 a.m. Eastern Time. The conference call can be accessed by dialing +1 929 205 6099 and providing passcode 81937864246#. If you are unable to participate during the live call, a replay of the conference call will be available [...]

March 17th, 2021|Comments Off on Intellinetics Announces Date of Fourth Quarter 2020 Results

Intellinetics, Inc. Accelerates K-12 Market Growth with Leading Provider of K-12 Accounting Solutions

Digital Forms and K12Docs Advisory Group Increase Platform Value and K-12 Market Insight COLUMBUS, Ohio, January 19, 2021 (GLOBE NEWSWIRE) – Intellinetics, Inc., (OTCQB: INLX) a cloud-based document solutions provider, announced today that the company is expanding its partnership with Software Unlimited Inc. (SUI) to add integrated electronic forms allowing K-12 school districts an easy, affordable option to create mobile forms and automated workflows. SUI is a major software developer and provider of solutions for [...]

January 19th, 2021|0 Comments

Belmont County Clerk of Courts Utilizes CARES Act Funding to Implement Intellinetics Solutions and Services

New Capabilities Increase Safety by Enabling a More Virtual Work Model While Advancing the Court’s Digital Transformation COLUMBUS, Ohio, November 30, 2020 (GLOBE NEWSWIRE) – Intellinetics, Inc., (OTCQB: INLX) a cloud-based document solutions provider, announced today that the Belmont County Clerk of Courts, utilizing funding from the CARES Act, has selected a combination of Intellinetics’ Document Scanning Services (DSS) and their IntelliCloud™ document management platform. The focus is on digitizing legacy Court files into an [...]

November 30th, 2020|Comments Off on Belmont County Clerk of Courts Utilizes CARES Act Funding to Implement Intellinetics Solutions and Services

Intellinetics, Inc. Reports Third Quarter and Nine Month Results

Record Software as a Service and Overall Revenue; Record Positive Net Income; Earnings per Share of $0.06 COLUMBUS, OH – (November 16, 2020) – Intellinetics, Inc. (OTCQB: INLX), a cloud-based document solutions provider, announced financial results for the three and nine months ended September 30, 2020. 2020 Third Quarter Financial Highlights Total Revenue increased 232% from the same period in 2019. Software as a Service Revenue increased 32% from the same period in 2019. [...]

November 16th, 2020|Comments Off on Intellinetics, Inc. Reports Third Quarter and Nine Month Results

Intellinetics Announces Date of Third Quarter 2020 Results

Conference Call COLUMBUS, OH – (November 2, 2020) – Intellinetics, Inc. (OTCQB: INLX) will hold a conference call to discuss its financial results for the third quarter of 2020 on Monday, November 16, 2020, at 9:30 a.m. Eastern Time. The conference call can be accessed by dialing +1 929 205 6099 and providing passcode 81918576516#. If you are unable to participate during the live call, a replay of the conference call will be available [...]

November 2nd, 2020|Comments Off on Intellinetics Announces Date of Third Quarter 2020 Results

Intellinetics, Inc. Integrates frevvo Live Forms into IntelliCloud™ to Create Paperless Business Forms Solution

Reduces the hassles and risks of distributing, collecting, and archiving printed (paper) forms. COLUMBUS, Ohio, October 14, 2020 (GLOBE NEWSWIRE) – Intellinetics, Inc., (OTCQB: INLX) a cloud-based document solutions provider, announced today it has integrated Live Forms™ with their flagship IntelliCloud™ Document Management Platform. Live Forms™ enables Intellinetics to offer organizations an easy, affordable way to create mobile forms and automated workflows. As organizations increasingly move to a remote workforce and respond to social [...]

October 14th, 2020|Comments Off on Intellinetics, Inc. Integrates frevvo Live Forms into IntelliCloud™ to Create Paperless Business Forms Solution

Intellinetics, Inc. Reports Second Quarter and Six Month Results

Stabilizing Cash COLUMBUS, OH – (August 14, 2020) – Intellinetics, Inc. (OTCQB: INLX), a cloud-based document solutions provider, announced financial results for the three and six months ended June 30, 2020. 2020 Second Quarter Financial Highlights Total Revenue increased 187% from the same period in 2019. Software as a Service Revenue increased 8% from the same period in 2019. Net Loss of $282,356 decreased from the same period in 2019. Adjusted EBITDA of $103,974, [...]

August 14th, 2020|Comments Off on Intellinetics, Inc. Reports Second Quarter and Six Month Results

Intellinetics Announces Date of Second Quarter 2020 Results

Conference Call COLUMBUS, OH – (August 11, 2020) – Intellinetics, Inc. (OTCQB: INLX) will hold a conference call to discuss its financial results for the second quarter of 2020 on Friday, August 14, 2020, at 9:30 a.m. Eastern Time. The conference call can also be accessed by dialing + 19292056099 and providing passcode 85468060721#. If you are unable to participate during the live call, a replay of the conference call will be available approximately [...]

August 11th, 2020|Comments Off on Intellinetics Announces Date of Second Quarter 2020 Results

Intellinetics, Inc. Reports First Quarter Results

Growth Through Acquisition COLUMBUS, OH – (May 18, 2020) – Intellinetics, Inc. (OTCQB: INLX), a cloud-based document solutions provider, announced financial results for the three months ended March 31, 2020. 2020 First Quarter Financial Highlights Total Revenue increased 135% from the same period in 2019. Software as a Service Revenue increased 13% from the same period in 2019. Net Loss of $646,211 decreased from the same period in 2019 Adjusted EBITDA Loss of $180,478, [...]

May 18th, 2020|Comments Off on Intellinetics, Inc. Reports First Quarter Results

Intellinetics, Inc. Clarifies Use of PPP Funds to Benefit Employees

COLUMBUS, Ohio, April 27, 2020 (GLOBE NEWSWIRE) – Yesterday, Intellinetics, Inc., (OTCQB: INLX) was mentioned in an article in the New York Times entitled “Large, Troubled Companies Got Bailout Money in Small-Business Loan Program.” For clarification, Intellinetics Inc. is a very small public company. As a small Midwestern business, we believe we are exactly the type of business the CARES Act was designed to help. Intellinetics previously announced that it had received a PPP [...]

April 27th, 2020|Comments Off on Intellinetics, Inc. Clarifies Use of PPP Funds to Benefit Employees

Intellinetics, Inc. Acquires CEO Imaging Systems, Inc.

Strengthens K-12 Market Penetration and Positions for Future Growth COLUMBUS, Ohio, April 24, 2020 (GLOBE NEWSWIRE) – Intellinetics, Inc., (OTCQB: INLX) a cloud-based document solutions provider, announced it has acquired substantially all the assets of CEO Imaging Systems, Inc., doing business as CEO Image Systems, a document solutions company that specializes in the K-12 education market, as well as financial services and others. Located in Plymouth, MI, CEO Imaging Systems had $0.5 million in [...]

April 24th, 2020|Comments Off on Intellinetics, Inc. Acquires CEO Imaging Systems, Inc.

Intellinetics, Inc. Secures PPP Financing

Receives $838,700 in Cash COLUMBUS, Ohio, April 20, 2020 (GLOBE NEWSWIRE) – Intellinetics, Inc., (OTCQB: INLX) a cloud-based document solutions provider, announced it entered into an unsecured promissory note under the Paycheck Protection Program (the “PPP”), with a principal amount of $838,700. The PPP was established under the recently congressionally approved Coronavirus Aid, Relief, and Economic Security Act (the “CARES Act”) and is administered by the U.S. Small Business Administration (the “SBA”). The term [...]

April 20th, 2020|Comments Off on Intellinetics, Inc. Secures PPP Financing

Intellinetics, Inc. Reports Fourth Quarter and Year-End Results

Revenue Growth Over 2018 COLUMBUS, OH – (March 30, 2020) – Intellinetics, Inc. (OTCQB: INLX), a cloud-based document solutions provider, announced financial results for the three and twelve months ended December 31, 2019. 2019 Fourth Quarter Financial Highlights Total Revenue decreased 1% from Q4 2018. Software as a Service Revenue decreased 2% from Q4 2018. Net Loss of $591,013. Adjusted EBITDA Loss of $309,549, an increase of 20% from Q4 2018. 2019 Twelve Month [...]

March 30th, 2020|Comments Off on Intellinetics, Inc. Reports Fourth Quarter and Year-End Results

Intellinetics, Inc. Expands Digital Content Management Services with Acquisition of Graphic Sciences, Inc.

Clients to benefit from complementary document conversion services COLUMBUS, Ohio, March 4, 2020 (GLOBE NEWSWIRE) – Intellinetics, Inc., (OTCQB: INLX) a cloud-based document solutions provider, announced today that it has acquired Graphic Sciences, Inc., a company that specializes in document scanning and digital conversion services, located in Madison Heights, MI. Intellinetics acquired Graphic Sciences as a wholly owned subsidiary. At present, each company will continue to operate under its own name, maintain current offices, [...]

March 4th, 2020|Comments Off on Intellinetics, Inc. Expands Digital Content Management Services with Acquisition of Graphic Sciences, Inc.

Intellinetics, Inc. Completes Equity and Debt Financing and Acquires Graphic Sciences, Inc.

Financing Restructures Balance Sheet and Provides Platform for Future Growth COLUMBUS, Ohio, March 4, 2020 (GLOBE NEWSWIRE) – Intellinetics, Inc., (OTCQB: INLX) a cloud-based document solutions provider, announced it has closed an equity and debt private placement financing and raised a total of $5.5 million. From the amount raised in the financing, $3.5 million was used for the initial purchase price of Graphic Sciences, Inc., a company that specializes in document scanning and digital conversion [...]

March 4th, 2020|Comments Off on Intellinetics, Inc. Completes Equity and Debt Financing and Acquires Graphic Sciences, Inc.

Intellinetics Selected as Partner for Khameleon Software

IntelliCloudTM Easily Integrates to Enhance Khameleon’s Platform for Office Furniture Dealers COLUMBUS, Ohio, February 10, 2020 (GLOBE NEWSWIRE) – Intellinetics, Inc., (OTCQB: INLX) a cloud-based document solutions provider, announced today that the company has been selected as the digital document management partner for Khameleon Software, a major provider of business software for the office furniture industry. This partnership combines the best-in-class technology from each company to offer a complete digital document management system to Khameleon’s [...]

February 10th, 2020|Comments Off on Intellinetics Selected as Partner for Khameleon Software

Intellinetics Achieves EVV Vendor Certification in Ohio

IntelliCloud EVVTM, an Alternative EVV System Offers Compliance with Benefits COLUMBUS, Ohio, January 22, 2020 (GLOBE NEWSWIRE) – Intellinetics, Inc., (OTCQB: INLX) a cloud-based document solutions provider, announced today that the company has achieved Alternative Electronic Visit Verification (EVV) Certification in Ohio. This comprehensive certification process was conducted by the Ohio Department of Medicaid (ODM) in response to federal requirements established in the 21st Century Cures Act (Cures Act). This certification allows Department of Developmental [...]

January 22nd, 2020|Comments Off on Intellinetics Achieves EVV Vendor Certification in Ohio

Intellinetics, Inc. Graduates Four Students from Innovative Medicaid Training Services

Partnership with ARC Industries Positions Individuals for Employment COLUMBUS, Ohio, December 11, 2019 (GLOBE NEWSWIRE) – Intellinetics, Inc., (OTCQB: INLX) a cloud-based document solutions provider, announced today four students have graduated from the company’s innovative Medicaid Training Services. This program, in partnership with ARC Industries (ARC), focuses on training developmentally disabled individuals, giving them marketable skills that enable them to seek employment. In this model, the Intellinetics document scanning operation creates an immersive training environment [...]

December 11th, 2019|Comments Off on Intellinetics, Inc. Graduates Four Students from Innovative Medicaid Training Services

Intellinetics, Inc. Reports Third Quarter and Nine-Month Results – Revenue Growth Over Second Quarter

COLUMBUS, OH – (November 14, 2019) – Intellinetics, Inc. (OTCQB: INLX), a cloud-based document solutions provider, announced financial results for the three and nine months ended September 30, 2019. 2019 Third Quarter Financial Highlights Highest third quarter Total Revenue since inception. Total Revenue increased 18% sequentially from Q2 2019. Total Revenue increased 12% from Q3 2018. Software as a Service Revenue increased 23% from Q3 2018. Net Loss of $398,753. Adjusted EBITDA Loss of $92,833, [...]

November 14th, 2019|Comments Off on Intellinetics, Inc. Reports Third Quarter and Nine-Month Results – Revenue Growth Over Second Quarter
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