Intersections Inc. Completes $20 Million Debt Financing

Debt Financing Follows $7.5 million Gross Equity Proceeds in Fourth
Quarter 2015

CHANTILLY, Va.–(BUSINESS WIRE)–Intersections Inc. (NASDAQ: INTX) today announced that it successfully
completed a $20 million term loan financing with Crystal Financial LLC
(“Crystal”). Additionally, the Company noted that during the fourth
quarter of 2015, it closed a private placement of 3.0 million shares of
its common stock, raising gross proceeds of $7.5 million. The Company
will use up to a maximum of $15 million of the proceeds from the term
loan in connection with the market launch of the Company’s pet health
monitoring solution, the Voyce Pro Wellness Monitoring Program™, with
the remaining portion to be used for general corporate purposes of the
Company’s Identity Guard® and other businesses. For the
duration of the three-year term of the Crystal debt financing, any
additional capital needs of Voyce® can only be funded from
cash generated from Voyce’s operations or a third-party equity
investment directly into Voyce, which is subject to limitations in the
credit agreement with Crystal. In connection with the term loan, the
Company terminated its existing loan agreement with Silicon Valley Bank.
Loeb Partners served as the exclusive placement agent in the debt

“We are pleased to announce these two financing transactions to further
fund the sales, marketing and operations of our Voyce Pro Wellness
Monitoring Program. Voyce Pro™ enables veterinarians to better monitor
an animal’s health by providing biometric data and insight that we
believe has never been available before,” said Michael Stanfield,
Chairman and Chief Executive Officer of Intersections Inc. “These funds
will also give us the financial security to continue executing our
corporate transformation program and invest in our growth platforms with
a structure that creates more financial independence between our two
primary businesses.”

“Intersections has robust capabilities in the collection, management and
monitoring of data. Not only are they leaders in providing consumer
identity protection services, but they also are using their expertise to
deliver an innovative product for consumers to manage their pets’
health. We are delighted to be involved with Michael and the entire
management team and look forward to a mutually beneficial partnership,”
said Cheryl Carner, Managing Director of Crystal Financial.

Forward-Looking Statements:

Statements in this release relating to future plans, results,
performance, expectations, achievements and the like are considered
“forward-looking statements.” You can identify forward-looking
statements by the fact that they do not relate strictly to historical or
current facts. These statements may include words such as “anticipate,”
“estimate,” “expect,” “project,” “plan,” “intend,” “believe,” “may,”
“should,” “can have,” “likely” and other words and terms of similar
meaning in connection with any discussion of the timing or nature of
future operating or financial performance or other events. Those
forward-looking statements involve known and unknown risks and
uncertainties and are subject to change based on various factors and
uncertainties that may cause actual results to differ materially from
those expressed or implied by those statements, including the timing and
success of new product launches, including our Identity Guard
Voyce™ and Voyce Pro™ platforms, and other growth initiatives; the
continuing impact of the regulatory environment on our business; the
continued dependence on a small number of financial institutions for a
majority of our revenue and to service our U.S. financial institution
customer base; our ability to execute our strategy and previously
announced transformation plan; our incurring additional restructuring
and/or impairment charges our ability to control costs; and our needs
for additional capital to grow our business, including our ability to
maintain compliance with the covenants under our new term loan or seek
additional sources of debt and/or equity financing. Factors and
uncertainties that may cause actual results to differ include but are
not limited to the risks disclosed under “Forward-Looking Statements,”
“Item 1. Business—Government Regulation” and “Item 1A. Risk Factors” in
the Company’s most recent Annual Report on Form 10-K, and in its
Quarterly Reports on Form 10-Q and other filings with the U.S.
Securities and Exchange Commission. The Company undertakes no obligation
to revise or update any forward-looking statements unless required by
applicable law.

About Intersections:

Intersections Inc. (Nasdaq: INTX) provides innovative, information based
solutions that help consumers manage risks and make better informed life
decisions. Under its Identity Guard brand and other brands, the company
helps consumers monitor, manage and protect against the risks associated
with their identities and personal information. The company’s subsidiary
Intersections Insurance Services provides insurance and other services
that help consumers manage risks and achieve personal goals. The
company’s i4C Innovations subsidiary provides Voyce, a groundbreaking
pet wellness monitoring system for pet owners and veterinarians.
Headquartered in Chantilly, Virginia, the company was founded in 1996.
To learn more, visit

About Crystal Financial:

Crystal Financial LLC, a portfolio company of Solar Capital Ltd., is an
independent commercial finance company that provides senior and junior
secured loans for both asset-based and cash flow financings (minimum of
$10 million in fundings) to middle-market companies. Its team of
experienced, responsive professionals has underwritten, closed and
managed more than $20 billion in secured debt commitments across a wide
range of industries. For more information, please visit


Intersections Inc.
Ron Barden