Immunotec Inc. (TSX VENTURE:IMM), a Canadian based company and a leader in the
wellness industry (the "Company" or "Immunotec"), today released its first
quarter 2013 financial results for the three-month period ended 31 January 2013.


"As the Company continues to execute against our business plan, we have
delivered a strong quarter with net profit of $528 thousand. These results
represent the best quarter we have seen in six years. Our profitability has
improved and we continue to lay the groundwork for a strong future." said Bob
Henry, Immunotec's Chairman and CEO.


Highlights for the first quarter of fiscal 2013



--  Total Revenue reached $12.2M, an increase of 10.3% as compared to the
    same period in the previous year. 
--  Network sales reached $11.2M, an increase of 12.4% as compared to the
    same period in the previous year. 
--  Selected expenses(1) defined as administrative, marketing and selling,
    quality and development expenses amounted to $2.9M or 23.9% of total
    revenues, which compares favorably to 27.2% for the same period in the
    previous year. 
--  Adjusted EBITDA(1) improved to $0.8M or 6.8% of total revenues, compared
    to $0.3M or 2.5% of total revenues for the same period in the previous
    year, a significant improvement. 
--  Net profit of $528 thousand; a significant improvement over a net profit
    of $6 thousand for the same period in the previous year. 



(1) Refer to "Adjusted EBITDA" in the non-GAAP financial measures section of
Management's Discussion and Analysis for the three-month period ended 31 January
2013.


About Immunotec Inc.

Immunotec is a world-class business opportunity supported by unique,
scientifically proven products that improve wellness. Headquartered with
manufacturing facilities near Montreal, Canada, the Company also has
distribution capacities to support its commercial activities in Canada and
internationally to the United States, Europe, Mexico and the Caribbean.


The Company files its consolidated financial statements, its management and
discussion analysis report, its press releases and such other required documents
on the SEDAR database at www.sedar.com and on the Company's website at
www.immunotec.com. The common shares of the Company are listed on the TSX
Venture Exchange under the ticker symbol IMM.


Neither TSX Venture Exchange nor its Regulation Services Provider (as that term
is defined in policies of the TSX Venture Exchange) accepts responsibility for
the adequacy or accuracy of this release.


CAUTION REGARDING FORWARD-LOOKING STATEMENTS: Certain statements contained in
this news release are forward-looking and are subject to numerous risks and
uncertainties, known and unknown. For information identifying known risks and
uncertainties and other important factors that could cause actual results to
differ materially from those anticipated in the forward-looking statements,
please refer to the heading Risks and Uncertainties in Immunotec's most recent
Management's Discussion and Analysis, which can be found at www.sedar.com.
Consequently, actual results may differ materially from the anticipated results
expressed in these forward-looking statements.




SUPPLEMENTAL INFORMATION                                                    
                                                                            
Interim Consolidated Statements of Financial                                
 Position                                                                   
                                                                            
                                                                            
                                                    January 31, October 31, 
                                                           2013        2012 
(Canadian dollars)                                            $           $ 
----------------------------------------------------------------------------
                                                                            
ASSETS                                                                      
Current assets                                                              
  Cash                                                2,745,757   3,779,089 
  Trade and other receivables                           905,426   1,688,279 
  Inventories                                         3,491,914   2,601,079 
  Prepaid expenses                                      573,008     374,774 
----------------------------------------------------------------------------
                                                      7,716,105   8,443,221 
Non-current assets                                                          
  Property, plant and equipment                       5,867,767   5,931,470 
  Intangible assets                                   1,520,052   1,621,830 
  Goodwill                                              833,559     833,559 
  Other non- current assets                           3,822,576   3,102,151 
----------------------------------------------------------------------------
                                                     12,043,954  11,489,010 
----------------------------------------------------------------------------
                                                     19,760,059  19,932,231 
----------------------------------------------------------------------------
----------------------------------------------------------------------------
                                                                            
LIABILITIES                                                                 
Current liabilities                                                         
  Bank indebtedness                                           -       5,000 
  Payables                                            1,696,173   1,545,310 
  Accrued liabilities                                 2,944,334   3,151,212 
  Provisions                                            319,324     491,776 
  Deferred revenue and customer deposits                325,217     630,240 
  Income taxes                                           47,815      54,859 
  Current portion of long- term debt                    118,533     117,120 
----------------------------------------------------------------------------
                                                      5,451,396   5,995,517 
                                                                            
Long-term debt                                        1,932,602   1,964,336 
----------------------------------------------------------------------------
                                                      7,383,998   7,959,853 
----------------------------------------------------------------------------
                                                                            
EQUITY                                                                      
  Share capital                                       3,454,845   3,462,503 
  Contributed surplus                                13,233,270  13,259,401 
  Accumulated other comprehensive income                 88,750     179,531 
  Deficit                                            (4,400,804) (4,929,057)
----------------------------------------------------------------------------
                                                     12,376,061  11,972,378 
----------------------------------------------------------------------------
                                                                            
                                                     19,760,059  19,932,231 
----------------------------------------------------------------------------
----------------------------------------------------------------------------
                                                                            
                                                                            






Interim Consolidated Statements of Income                                   
                                                                            
                                                           2013        2012 
(Canadian dollars except for the number of shares)            $           $ 
----------------------------------------------------------------------------
                                                                            
Revenues                                                                    
  Network sales                                      11,200,494   9,961,042 
  Other revenue                                         978,865   1,082,126 
----------------------------------------------------------------------------
                                                     12,179,359  11,043,168 
Cost of sales                                                               
  Cost of goods sold                                  1,988,452   1,856,122 
  Sales incentives - Network                          5,381,975   4,964,247 
  Other variable costs                                1,075,242     949,011 
----------------------------------------------------------------------------
Margin before expenses                                3,733,690   3,273,788 
----------------------------------------------------------------------------
Expenses                                                                    
  Administrative                                      1,439,546   1,622,154 
  Marketing and selling                               1,239,074   1,157,264 
  Quality and development costs                         227,035     222,673 
  Depreciation and amortization                         220,672     239,604 
  Other expenses                                          4,451      10,141 
----------------------------------------------------------------------------
Operating income                                        602,912      21,952 
----------------------------------------------------------------------------
                                                                            
Net finance expenses                                    (67,874)    (44,484)
----------------------------------------------------------------------------
Profit before income taxes                              670,786      66,436 
                                                                            
Income taxes                                                                
  Current                                                 1,092       2,157 
  Deferred                                              141,441      58,700 
----------------------------------------------------------------------------
                                                                            
Net profit                                              528,253       5,579 
----------------------------------------------------------------------------
----------------------------------------------------------------------------
                                                                            
                                                                            
----------------------------------------------------------------------------
                                                                            
Total basic and diluted net profit common per share        0.01        0.00 
----------------------------------------------------------------------------
----------------------------------------------------------------------------
                                                                            
Weighted average number ofcommon shares outstanding                         
 during the period                                                          
Basic and diluted                                    69,845,360  69,994,300 
----------------------------------------------------------------------------
----------------------------------------------------------------------------
                                                                            
                                                                            
                                                                            
Interim Consolidated Statements of Comprehensive Income (Loss)              
                                                                            
                                                           2013        2012 
(Canadian dollars)                                            $           $ 
----------------------------------------------------------------------------
                                                                            
                                                                            
Net profit                                              528,253       5,579 
                                                                            
Other comprehensive income (loss),net of income tax                         
Items that may be reclassified subsequently to                              
 profit or loss:                                                            
                                                                            
  Foreign currency translation adjustments              (90,781)   (114,314)
----------------------------------------------------------------------------
                                                                            
Total comprehensive income (loss)                       437,472    (108,735)
----------------------------------------------------------------------------
----------------------------------------------------------------------------
                                                                            
                                                                            
                                                                            
Interim Consolidated Statements of Cash Flows                               
                                                                            
                                                           2013        2012 
(Canadian dollars)                                            $           $ 
----------------------------------------------------------------------------
Operating activities                                                        
Net profit                                              528,253       5,579 
Adjustments for:                                                            
  Depreciation                                           99,076     101,292 
  Amortization                                          121,596     138,312 
  Foreign exchange gain on items denominated in                             
   foreign currencies                                  (134,680)   (153,257)
  Net interest expense                                   18,198      20,240 
  Deferred income taxes                                 141,441      58,700 
  Share- based compensation                               4,451      10,141 
Interest paid                                           (18,198)    (21,806)
Interest received                                             -       1,556 
----------------------------------------------------------------------------
Cash prior to working capital variation                 760,137     160,757 
Net change in non- cash working capital              (1,655,171)   (518,088)
----------------------------------------------------------------------------
Net cash used in operating activities                  (895,034)   (357,331)
----------------------------------------------------------------------------
                                                                            
Investing activities                                                        
  Additions to property, plant and equipment            (28,113)   (163,574)
  Additions to intangible assets                        (18,921)    (27,515)
----------------------------------------------------------------------------
Net cash used in investing activities                   (47,034)   (191,089)
----------------------------------------------------------------------------
                                                                            
Financing activities                                                        
  Bank indebtedness                                      (5,000)    215,000 
  Reimbursement of long- term debt                      (30,321)    (27,865)
  Repurchase of shares                                  (38,240)          - 
  Reimbursment of other liability                             -     (25,508)
----------------------------------------------------------------------------
Net cash provided by (used in) financing activities     (73,561)    161,627 
----------------------------------------------------------------------------
----------------------------------------------------------------------------
                                                                            
Net decrease in cash during the period               (1,015,629)   (386,793)
Cash -Beginning of the period                         3,779,089   2,561,969 
Effect of foreign exchange rate fluctuations on cash    (17,703)     (8,884)
----------------------------------------------------------------------------
Cash -End of the period                               2,745,757   2,166,292 
----------------------------------------------------------------------------
----------------------------------------------------------------------------



FOR FURTHER INFORMATION PLEASE CONTACT: 
Patrick Montpetit
Chief Financial Officer
(450) 510-4527

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