I-trax And Bank Of America Increase Credit Agreement Limits; Strong Growth Fuels Working Capital Requirements

CHADDS FORD, Pa.--(BUSINESS WIRE)--April 4, 2005--I-trax, Inc. (Amex: DMX), an integrated provider of health and productivity management services, today reported that the Company and Bank of American, N.A, the company’s senior secured creditor, have amended the company’s senior credit facility to temporarily increase the borrowing limit under the facility to $17 million from $14 million. David R. Bock, I-trax’s chief financial officer, said, “Revenue in January and February of 2005 was greater than anticipated due to the faster-than-expected implementation of new on-site pharmacies and healthcare facilities. These initiatives have caused an acceleration of certain expenses and receivables associated with launching the facilities and stocking the pharmacies. This amendment gives us access to increased working capital to support these implementations. The borrowing limit under the facility will step down to its prior level of $14 million in stages ending June 30, 2005.”