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InfoLogix Completes $25 Million Senior Debt Financing
Date:5/5/2008

Company re-structures existing debt and expands available credit facility

HATBORO, Pa., May 5 /PRNewswire-FirstCall/ -- InfoLogix, Inc. (Nasdaq: IFLG), a leading technology provider of enterprise mobility solutions for the healthcare and commercial industries, announced today that it has completed a senior debt financing of up to $25 million with Hercules Technology Growth Capital, Inc. (Nasdaq: HTGC).

(Logo: http://www.newscom.com/cgi-bin/prnh/20071101/NETH165LOGO )

The financing will restructure the company's senior debt through a new $10.0 million working capital revolving line of credit, which will increase to $12.5 million upon certain conditions, and a $12.5 million term loan facility.

"This financing is an excellent opportunity for InfoLogix to retire our existing debt and replace it with a new facility that offers favorable terms and greater liquidity," says David T. Gulian, president and CEO of InfoLogix. "We believe it is particularly notable that in today's challenging financing environment, InfoLogix was able to secure additional growth capital with favorable terms."

InfoLogix recently reported revenues of $23.8 million for the first quarter of 2008-the highest quarterly revenues in company history, which was an 80.6% increase over the same period of 2007. In addition, InfoLogix has previously reported guidance that it believes the Company will realize more than $100 million in revenues in 2008. The Company's customers include more than 1,400 hospitals and 800 commercial organizations across North America.

"Management is pleased with our customer growth, our strong start to the fiscal year, and the record
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SOURCE InfoLogix, Inc.
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