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Advant-e Corporation Announces Record Date And Payment Date For Special Cash Dividend





DAYTON, Ohio, Nov. 17, 2010 /PRNewswire-FirstCall/ -- Advant-e Corporation (OTC Bulletin Board: ADVC), a provider of Internet-based Electronic Data Interchange and electronic document management software and services today announced the payment date and record date of the third of three installments of its previously declared cash dividend.

On October 30, 2009, the Company announced a cash dividend in the form of three separate payments of $.01 per share by no later than December 31, 2009, June 30, 2010, and December 31, 2010.  The third cash dividend payment of $.01 per share will be paid on December 6, 2010 to shareholders of record as of November 26, 2010.

Jason K. Wadzinski, Chairman, Chief Executive Officer, and President, remarked, "This cash dividend is intended to reward our shareholders and allow them to take advantage of current favorable Federal income tax treatment for dividends.  Our cash balance and strong cash flow in 2010 to date provide us with the opportunity and the financial resources to pay this dividend consistent with our growth initiatives."

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 document management software and services.  The Company helps businesses automate manual, paper-intensive processes via expanded use of EDI or by integrating directly with ERP/MRP systems.

Additional information about Advant-e Corporation can be found at www.Advant-e.com, www.EdictSystems.com, and www.MerkurGroup.com, or by contacting investor relations at (937) 429-4288. The company's email is advant-e@edictsystems.com .

The information in this news release includes certain forward looking statements that are based upon assumptions that in the future may prove not to have been accurate and are subject to significant risks and uncertainties, including statements to the future financial performance of the company. Although the company believes that the expectations reflected on its forward looking statements are reasonable, it can give no assurance that such expectations or any of its forward-looking statements will prove to be correct. Factors that could cause results to differ include, but are not limited to, successful performance of internal plans, product development and acceptance, the impact of competitive services and pricing, or general economic risks and uncertainties.



SOURCE Advant-e Corporation

Copyright 2009 PR Newswire. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.

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