Internet Commerce Corporation Releases Preliminary Guidance for Fiscal Third Quarter

Norcross, GA - May 11, 2005 – Today Internet Commerce Corporation (ICC) (Nasdaq: ICCA), a leader in the use of the Internet for business-to-business e-commerce solutions, released preliminary results for fiscal third quarter 2005, ended April 30, 2005. 

ICC’s results for third quarter is as follows:

• Revenue of approximately $4.1 million, up approximately $600 thousand from fiscal second quarter of 2005
• Adjusted EBIDTA of approximately $600 thousand, up approximately $329 thousand from fiscal second quarter of 2005

Thomas J. Stallings, chief executive officer of Internet Commerce Corporation, said, "In our press release for second quarter fiscal 2005, we stated that we anticipated accelerated progress in second half of fiscal 2005. The final results of the third quarter, which will be announced in mid-June, will demonstrate that we continue to make progress toward realizing, and perhaps exceeding, our financial objectives for fiscal year 2005.”

Adjusted EBITDA is EBITDA plus non-cash compensation charges.

About Internet Commerce Corporation (ICC)
Internet Commerce Corporation (NasdaqCM: ICCA), headquartered in Norcross, Georgia, is a leader in providing business-to-business e-commerce solutions. Thousands of customers rely on ICC's comprehensive line of solutions, in-depth expertise, and unmatched customer service to help balance cost, fit, and function required to meet unique requirements for trading partner compliance, coordination, and collaboration.  With its software solutions, network services, hosted web applications, managed services, and consulting services, ICC is the trusted provider of e-commerce solutions for businesses, regardless of size and level of technical sophistication, to connect them with their trading communities.  For more information, visit www.icc.net.

Except for the historical information contained herein, this press release includes forward looking statements which are subject to a number of risks and uncertainties, including the risks and uncertainties associated with rapidly changing technologies such as the Internet, the risks of technology development and the risks of competition. Actual results could differ materially. For more information about these risks and uncertainties, see the SEC filings of Internet Commerce Corporation.