Tuesday, January 13, 2004

Advant-e Corporation Announces Significant Debt Reduction

Total Convertible Debt of $775,000 Reduced by 94%

DAYTON, Ohio, Jan. 13 /PRNewswire-FirstCall/ -- Advant-e Corporation (OTC Bulletin Board: AVEE - News), a leading provider of Internet-based business-to- business electronic commerce services, announced today that a significant portion of the Company's convertible subordinated debt has been eliminated via a combination of debt conversion and payments.
Advant-e raised $775,000 with convertible debt offerings in 2001 and 2002 to facilitate the development and marketing of its Internet-based Business-to- Business electronic commerce services with $525,000 of 15% and $250,000 of 10% convertible debt.

Of the 15% convertible debt, $355,000 has been converted into common stock at $1.06 per share and $120,000 has been paid leaving $50,000 due in 2004. All of the 10% convertible debt has been converted into common stock at $1.10 per share.

In addition to the debt reduction, the Company also paid over $200,000 of interest on the notes in 2003. Approximately $108,000 of interest was charged to expense in calendar year 2003.

Jason K. Wadzinski, President and CEO of Advant-e, stated, "I am extremely pleased that our outstanding debt has been greatly reduced and I welcome those who converted their debt as new shareholders of Advant-e Corporation. Our balance sheet going forward is much stronger and the significant reduction of interest payments will benefit our earnings in 2004."

Advant-e Corporation filed on December 1, 2003 a registration statement on form SB-2 with the Securities and Exchange Commission to register all of the shares associated with the Company's convertible debt and warrants associated with the debt offering. The registration statement is not effective as of the date of this press release.

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 or 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.