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EVERETT, Wash.--([ BUSINESS WIRE ])--Intermec, Inc. (NYSE:IN) announced today that it has expanded its Line of Credit (LOC) with Wells Fargo, N.A. to $150 million. While there are no immediate plans for the proceeds, the new three-year agreement increases the companyas current borrowing capability from $100 million to $150 million, and extends the maturity date to December 31, 2014.

"We value Wells Fargoas willingness to come to us as a partner, supportive of our strategy and ready to provide us with access to capital on exceptionally attractive terms."

aThe expansion of our financing agreement reflects Intermecas solid financial position and enhances our flexibility in operating our business as well as our ability to consider strategic opportunities on favorable terms,a said Patrick Byrne, president and chief executive officer of Intermec. aWe value Wells Fargoas willingness to come to us as a partner, supportive of our strategy and ready to provide us with access to capital on exceptionally attractive terms.a

About Intermec

Intermec Inc. (NYSE:IN) develops and integrates products, services and technologies that identify, track and manage supply chain assets and information. Core technologies include rugged mobile computing and data collection systems, voice solutions that increase business performance, bar code printers, label media, and RFID. The companyas products and services are used by customers in many industries worldwide to improve the productivity, quality and responsiveness of business operations. For more information about Intermec, visit [ www.intermec.com ] or call 800-347-2636.