Action for Children Selects IntelliCloud™ to Assist with Management of ARPA Funds Distribution

Rhea-AI Summary

Intellinetics assists Action for Children in administering child care scholarships funded with multi-million dollars of American Rescue Plan money

Positive

• Action for Children implemented Intellinetics' IntelliCloud platform to administer $11.4 million in early learning scholarships
• Intellinetics provided an applicant tracking and approval process for hundreds of applications

Negative

• None.

Enables application processing, funds distribution, and compliance reporting

COLUMBUS, Ohio--(BUSINESS WIRE)-- Intellinetics, Inc. (NYSE American: INLX), a digital transformation solutions provider, announces that Action for Children, a child care resource and referral agency for central Ohio families and providers, implemented the Intellinetics’ IntelliCloud™ electronic document management platform to administer child care scholarships funded with multi-million dollars of American Rescue Plan money.

Action for Children administers the Franklin County RISE scholarship program in partnership with the City of Columbus and Franklin County Ohio to support families struggling to pay child care and the providers and staff that care for kids. The scholarships are intended to help families who are facing the “benefits cliff” in which they make too much to qualify for Publicly Funded Child Care (PFCC) but too little to actually afford child care. The program provides $11.4 million in early learning scholarships to an estimated 1,250 students eligible for up to $10,000 per year in scholarships.

Action for Children turned to Intellinetics for assistance in building an applicant tracking and approval process which includes Intellinetics’ eForms processing solution along with the IntelliCloud electronic document management solution for reporting and long-term secure records storage.

Disadvantaged families first complete a joint application with their child care provider. All the application forms are filled out and digitally signed online. The documents are then routed to Action for Children where they go through an approval process. When approved, the distribution of funds is managed through the same solution.

“There's an elaborate process to make sure that all of the scholarship requirements are met, and then those funds are released accurately and timely,” said Dr. Eric Karolak, CEO for Action for Children. “We had to hit the ground running and Intellinetics was great to work with in providing what we needed to manage the hundreds of applications we received and keep close control on the process.”

“Access to child care is a key tool for families to participate in the economy, for businesses to be able to have the workers they need, and for our economy to be able to thrive,” stated James F. DeSocio, President & CEO of Intellinetics. “ARPA funded programs provide both new opportunities and challenges. Our solutions serve a mission-critical role for organizations in highly regulated and compliance-intensive markets by making content secure, compliant, and process-ready to drive innovation, efficiencies, and growth.”

About Intellinetics, Inc.

Intellinetics, Inc. (NYSE American: INLX) is enabling the digital transformation. Intellinetics empowers organizations to manage, store and protect their important documents and data. The Company’s flagship solution, the IntelliCloud^™ content management platform, delivers advanced security, compliance, workflow, and collaboration features critical for highly regulated, risk-intensive markets. IntelliCloud connects documents to users and the processes they support anytime, anywhere to accelerate innovation and empower organizations to think and work in new ways. In addition, Intellinetics offers business process outsourcing (BPO), document and micrographics scanning services, and records storage. From highly regulated industries like Healthcare/Human Service Providers, K-12, Public Safety, and State and Local Governments, to businesses looking to move away from paper-based processes, Intellinetics is the all-in-one, compliant, document management solution. Intellinetics is headquartered in Columbus, Ohio. For additional information, please visit www.intellinetics.com.

About Action for Children

Action for Children is the local child care resource and referral agency for Central Ohio, and is committed to assuring quality early learning experiences for all children. Their services focus on transforming the lives of children by supporting the everyday heroes who most influence our children’s early growth: care givers, educators, parents, and guardians. To learn more, visit www.actionforchildren.org.

Cautionary Statement

Statements in this press release which are not purely historical, including statements regarding future adoption in certain markets, future growth, future market share, and other intentions, beliefs, and expectations are forward-looking statements. The forward-looking statements involve risks and uncertainties including, but not limited to, the risks associated with the effect of changing economic conditions including inflationary pressures, a general economic downturn, Intellinetics’ ability to execute on its business plan and strategy, customary risks attendant to acquisitions, trends in the products markets, variations in Intellinetics’ cash flow or adequacy of capital resources, market acceptance risks, the success of Intellinetics’ solutions providers, including human services, health care, and education, technical development risks, and other risks, uncertainties and other factors discussed from time to time in its reports filed with or furnished to the Securities and Exchange Commission, including in Intellinetics’ most recent annual report on Form 10-K as well as subsequently filed reports on Form 10-Q and Form 8-K. Intellinetics cautions investors not to place undue reliance on the forward-looking statements contained in this press release. Intellinetics disclaims any obligation and does not undertake to update or revise any forward-looking statements in this press release. Expanded and historical information is made available to the public by Intellinetics on its website at www.intellinetics.com or at www.sec.gov.

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Investor Contact:

FNK IR

Tom Baumann / Rob Fink

646.349.6641 / 646.809.4048

INLX@fnkir.com

Joe Spain, CFO

Intellinetics, Inc.

614.921.8170

investors@intellinetics.com

Source: Intellinetics, Inc.