<Page>

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UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

FORM 10-Q

[X] QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES
EXCHANGE ACT OF 1934

FOR THE QUARTERLY PERIOD ENDED JUNE 30, 2001

[ ] TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES
EXCHANGE ACT OF 1934 FOR THE TRANSITION PERIOD FROM TO .

COMMISSION FILE NUMBER: 000-29678

INTRADO INC.
(Exact Name of Registrant as Specified in Its Charter)

DELAWARE 84-0796285
(State or Other Jurisdiction of (I.R.S. Employer
Incorporation or Organization) Identification Number)

6285 LOOKOUT ROAD
BOULDER, COLORADO 80301
(Address of Principal Executive Offices) (Zip Code)

Registrant's Telephone Number, Including Area Code: (303) 581-5600

SCC Communications Corp.
- --------------------------------------------------------------------------------
(Former name or former address, if changed since last report)

Indicate by check mark whether the registrant (1) has filed all reports
required to be filed by Section 13 or 15(d) of the Securities Exchange Act of
1934 during the preceding 12 months (or for such shorter period that the
Registrant was required to file such reports), and (2) has been subject to such
filing requirements for the past 90 days. Yes [X] No [ ]

As of August 8, 2001, there were 14,493,142 shares of the Registrant's
Common Stock outstanding.

================================================================================

<Page>

CAUTIONARY NOTE ABOUT FORWARD-LOOKING STATEMENTS

This Quarterly Report on Form 10-Q contains "forward-looking statements"
within the meaning of Section 27A of the Securities Act of 1933 and Section 21E
of the Securities Exchange Act of 1934. In particular, we direct your attention
to Part I Item 1. Financial Statements, Item 2. Management's Discussion and
Analysis of Financial Condition and Results of Operation and Item 3.
Quantitative and Qualitative Disclosures About Market Risk. We intend the
forward-looking statements throughout the Quarterly Report on Form 10-Q and the
information incorporated by reference to be covered by the safe harbor
provisions for forward-looking statements. All projections and statements
regarding our expected financial position and operating results, our business
strategy, our financing plans and the outcome of any contingencies are
forward-looking statements. These statements can sometimes be identified by our
use of forward-looking words such as "may," "believe," "plan," "will,"
"anticipate," "estimate," "expect," "intend", and other phrases of similar
meaning. Known and unknown risks, uncertainties and other factors could cause
the actual results to differ materially from those contemplated by the
statements. The forward-looking information is based on numerous assumptions and
developments that are not within our control. Although we believe that our
expectations that are expressed in these forward-looking statements are
reasonable, we cannot promise that our expectations will turn out to be correct.
Our actual results could be materially different from our expectations due to a
variety of factors, including the following:

- our planned investments in research, development and marketing to
expand our service offerings;
- the size, timing and duration of significant customer contracts;
- our ability to integrate new customers and assets acquired in
acquisitions, such as our May 2001 acquisition of Lucent Public Safety
Systems;
- the number of subscriber records under our management;
- the unpredictable rate of adoption of wireless services by public
service answering points;
- the introduction and market acceptance of our and our competitors' new
products and services;
- price competition from entities with substantially greater resources
than us;
- the amount of up-front expenditures required to meet our customers'
demands and to expand our infrastructure, combined with the length of
our sales cycle;
- sales channel constraints;
- constraints on our sales and marketing efforts due to conflicts of
interest and the fact that many of our customers compete with each
other;
- the success or failure of our Alliance Program, which we initiated in
1999 to partner with companies that provide support systems to
competitive local exchange carriers that are complementary with our
9-1-1 support systems, such as billing and customer care services;
- technical difficulties and network downtime, including that caused by
unauthorized access to our systems; and
- new developments in telecommunications legislation and regulations.

This list is intended to identify some of the principal factors that could cause
actual results to differ materially from those described in the forward-looking
statements included elsewhere in this report. These factors are not intended to
represent a complete list of all risks and uncertainties inherent in our
business, and should be read in conjunction with the more detailed cautionary
statements included in our Annual Report on Form 10-K under the caption "Item 1.
Business - Risk Factors", our other Securities and Exchange Commission filings,
and our press releases.

i
<Page>

INDEX

PART 1 - FINANCIAL INFORMATION
<Table>

Item 1 - Financial Statements
Consolidated Balance Sheets as of June 30, 2001 (Unaudited) and December 31, 2000 1
Consolidated Statements of Operations for the three months ended June 30, 2001 and
2000 and the six months ended June 30, 2001 and 2000 (Unaudited).................. 2
Consolidated Statements of Cash Flows for the six months ended June 30, 2001 and
2000 (Unaudited).................................................................. 3
Notes to Consolidated Financial Statements (Unaudited).............................. 4
Item 2 - Management's Discussion and Analysis of Financial Condition and Results of
Operations.......................................................................... 10
Item 3 - Quantitative and Qualitative Disclosures About Market Risk................... 19

PART II - OTHER INFORMATION

Item 2 - Changes in Securities and Use of Proceeds..................................... 20
Item 4 - Submission of Matters to a Vote of Security Holders........................... 20
Item 6 - Exhibits and Reports on Form 8-K.............................................. 20
Signatures............................................................................. 21
</Table>

ii
<Page>

INTRADO INC.

CONSOLIDATED
BALANCE SHEETS
(DOLLARS IN THOUSANDS)
<Table>
<Caption>
JUNE 30, DECEMBER 31,
2001 2000
-------- ------------
(UNAUDITED)

ASSETS

CURRENT ASSETS:
Cash and cash equivalents, including restricted cash of
$750 and $0, respectively .............................. $ 7,235 $ 5,036
Short-term investments in marketable securities ......... 1,997 6,939
Accounts receivable, net of allowance for doubtful
accounts of approximately $337 and $184, respectively.. 8,441 7,166
Unbilled revenue ........................................ 2,786 574
Inventory ............................................... 4,149 --
Prepaids and other ...................................... 1,064 892
Deferred acquisition costs .............................. -- 1,054
Deferred income taxes ................................... 869 869
-------- --------
Total current assets ............................ 26,541 22,530
-------- --------
PROPERTY AND EQUIPMENT, at cost:
Computer hardware and equipment ......................... 32,534 30,259
Furniture and fixtures .................................. 2,022 1,987
Leasehold improvements .................................. 1,070 1,049
-------- --------
35,626 33,295
Less--Accumulated depreciation ......................... (23,291) (20,820)
-------- --------
Total property and equipment, net ............... 12,335 12,475
-------- --------
GOODWILL AND OTHER INTANGIBLES, net of accumulated
amortization of $588 and $0, respectively ............... 24,430 --
OTHER ASSETS .............................................. 107 107
DEFERRED INCOME TAXES ..................................... 3,206 3,206
DEFERRED CONTRACT COSTS ................................... 5,043 5,363
SOFTWARE DEVELOPMENT COSTS, net of accumulated
Amortization of $1,040 and $864, respectively ........ 957 988
-------- --------
Total assets ..................................... $ 72,619 $ 44,669
======== ========

LIABILITIES AND STOCKHOLDERS' EQUITY

CURRENT LIABILITIES:
Accounts payable ........................................ $ 2,254 $ 1,226
Payroll-related accruals ................................ 1,870 1,144
Other accrued liabilities ............................... 4,260 2,688
Property and other taxes ................................ 1,032 1,026
Current portion of capital lease obligations ............ 1,621 2,107
Payable to Lucent ....................................... 4,200 --
Deferred contract revenue-current portion ............... 503 200
-------- --------
Total current liabilities ....................... 15,740 8,391
CAPITAL LEASE OBLIGATIONS, net of current portion ......... 817 1,511
DEFERRED CONTRACT REVENUE-non-current portion ............. 9,359 10,070
-------- --------
Total liabilities ............................... 25,916 19,972
COMMITMENTS AND CONTINGENCIES
STOCKHOLDERS' EQUITY:
Preferred stock, $.001 par value; 15,000,000 shares
authorized; none issued or outstanding ................. -- --
Common stock, $.001 par value; 30,000,000 shares
authorized; 14,490,813 and 11,488,040 shares issued
and outstanding, respectively .......................... 15 11
Additional paid-in capital .............................. 72,147 44,814
Common stock warrants ................................... 538 373
Stock subscriptions receivable .......................... -- (33)
Treasury stock, 4,738 and 0 shares, respectively, at cost (39) --
Accumulated deficit ..................................... (25,958) (20,468)
-------- --------
Total stockholders' equity ...................... 46,703 24,697
-------- --------
Total liabilities and stockholders' equity ...... $ 72,619 $ 44,669
======== ========
</Table>

The accompanying notes to financial statements are an integral part of these
balance sheets.

<Page>

INTRADO INC.

CONSOLIDATED
STATEMENTS OF OPERATIONS
(DOLLARS IN THOUSANDS, EXCEPT SHARE DATA)
(UNAUDITED)
<Table>
<Caption>
THREE MONTHS ENDED JUNE 30, SIX MONTHS ENDED JUNE 30,
--------------------------- -------------------------
2001 2000 2001 2000
---- ---- ---- ----

TOTAL REVENUE ........................................... $ 18,318 $ 10,249 $ 31,507 $ 19,282

COSTS AND EXPENSES:
Direct costs .......................................... 12,679 6,986 22,544 13,271
Sales and marketing ................................... 3,382 2,105 6,114 3,648
General and administrative ............................ 3,759 1,956 6,369 3,308
Research and development .............................. 823 1,177 2,049 1,806
------------ ------------ ------------ ------------
Total costs and expenses ....................... 20,643 12,224 37,076 22,033
------------ ------------ ------------ ------------
LOSS FROM OPERATIONS .................................... (2,325) (1,975) (5,569) (2,751)
OTHER INCOME (EXPENSE):
Interest and other income ............................. 128 315 285 618
Interest and other expense ............................ (118) (100) (206) (192)
------------ ------------ ------------ ------------
NET LOSS BEFORE CUMULATIVE EFFECT OF CHANGE IN ACCOUNTING
PRINCIPLE ............................................ (2,315) (1,760) (5,490) (2,325)
CUMULATIVE EFFECT OF CHANGE IN ACCOUNTING PRINCIPLE, net
of tax of $0 ......................................... -- -- -- (3,082)
------------ ------------ ------------ ------------
NET LOSS ................................................ $ (2,315) $ (1,760) $ (5,490) $ (5,407)
============ ============ ============ ============

BASIC AND DILUTED NET LOSS PER SHARE:
Loss per share before cumulative effect of change in
accounting principle ................................ $ (0.18) $ (0.16) $ (0.45) $ (0.21)
Cumulative effect of change in accounting principle ... -- -- -- (0.27)
------------ ------------ ------------ ------------
Net loss per share .................................... $ (0.18) $ (0.16) $ (0.45) $ (0.48)
============ ============ ============ ============

SHARES USED IN COMPUTING NET LOSS PER SHARE:
Basic and diluted ..................................... 13,075,444 11,202,361 12,313,121 11,176,482
============ ============ ============ ============
</Table>

The accompanying notes to financial statements are an integral part of these
statements.

2
<Page>

INTRADO INC.

CONSOLIDATED
STATEMENTS OF CASH FLOWS
(DOLLARS IN THOUSANDS)
(UNAUDITED)
<Table>
<Caption>
SIX MONTHS
ENDED JUNE 30,
------------------
2001 2000
---- ----

CASH FLOWS FROM OPERATING ACTIVITIES:
Net loss .......................................................... $ (5,490) $ (5,407)
Adjustments to reconcile net loss to net cash provided by (used in)
operating activities--
Amortization and depreciation .................................... 3,630 2,562
Cumulative effect of change in accounting principle .............. -- 3,082
Accretion of and interest accrued on investments ................. (58) (151)
Loss on disposal of assets ....................................... 15 6
Provision for doubtful accounts .................................. 225 --
Change in--
Accounts receivable ............................................. (1,500) (1,999)
Unbilled revenue ................................................ (2,212) (593)
Prepaids and other .............................................. (172) (1,017)
Deferred costs .................................................. (1,270) (431)
Accounts payable and accrued liabilities ........................ 2,358 977
Deferred contract revenue ....................................... (408) 1,280
-------- --------
Net cash used in operating activities ....................... (4,882) (1,691)
-------- --------
CASH FLOWS FROM INVESTING ACTIVITIES:
Acquisition of property and equipment ............................. (1,808) (1,875)
Purchase of investments in marketable securities .................. -- (5,894)
Sale of investments in marketable securities ...................... 5,000 10,250
Software development costs ........................................ (132) (220)
-------- --------
Net cash provided by investing activities ................... 3,060 2,261
-------- --------
CASH FLOWS FROM FINANCING ACTIVITIES:
Principal payments on capital lease obligations ................... (1,180) (1,021)
Proceeds from equipment financing ................................. -- 1,119
Proceeds from private placement ................................... 5,000 --
Costs from private placement ...................................... (253) --
Proceeds from exercise of stock options ........................... 290 350
Proceeds received from employee stock purchase plan ............... 164 72
-------- --------
Net cash provided by financing activities ................... 4,021 520
-------- --------
NET INCREASE IN CASH AND CASH EQUIVALENTS ........................... 2,199 1,090
CASH AND CASH EQUIVALENTS, beginning of period ...................... 5,036 8,354
-------- --------
CASH AND CASH EQUIVALENTS, end of period ............................ $ 7,235 $ 9,444
======== ========
SUPPLEMENTAL DISCLOSURE OF CASH FLOW INFORMATION:
Cash paid during the period for interest .......................... $ 114 $ 149
======== ========
Cash paid during the period for taxes ............................. $ 270 $ 160
======== ========
</Table>

The accompanying notes to financial statements are an integral part of these
statements.

3
<Page>

NOTES TO FINANCIAL STATEMENTS
(UNAUDITED)

NOTE 1 - BASIS OF PRESENTATION

The unaudited financial statements included herein reflect all adjustments,
consisting only of normal recurring adjustments, which in the opinion of
management are necessary to fairly present the financial position, results of
operations and cash flows of Intrado Inc. (the "Company") for the periods
presented. Certain information and footnote disclosures normally included in
audited financial information prepared in accordance with generally accepted
accounting principles have been condensed or omitted pursuant to the Securities
and Exchange Commission's rules and regulations. The results of operations for
the three and six months ended June 30, 2001 are not necessarily indicative of
the results to be expected for any subsequent quarter or for the entire fiscal
year ending December 31, 2001. These financial statements should be read in
conjunction with the financial statements and notes thereto, which are included
in the Company's Annual Report on Form 10-K for the year ended December 31,
2000.

RECLASSIFICATIONS

Certain prior year amounts have been re-classified to conform with the
current year's presentation.

REVENUE RECOGNITION

The Company generates revenue from four of its segments, or "business
units": ILEC, CLEC, Wireless and Direct. The revenue from these business units
is derived from monthly data management services, maintenance, systems and new
products, and professional services.

The monthly data management services include revenue from up-front
non-recurring engineering fees ("NREs") and monthly service fees. The NRE
service consists primarily of the clean up of the customer's 9-1-1 data records,
engineering services to enable the customer's legacy system to interface with
Intrado's platform, building the network that will route the calls, public
safety boundary mapping, customer training and testing. The charges for these
services are nonrefundable if the contract is cancelled after the services are
performed. After the initial NRE, customers often buy components of these
services, such as additional software engineering to modify the system
functionality or network services to make their network more effective and
enhance their solution ("Enhancement Services"). The fees received for NRE
services and Enhancement Services are deferred and recognized as revenue ratably
over the remaining contractual term of the arrangement.

Under outsourcing solution contracts, the Company receives a monthly service
fee for providing ongoing data management services that are required to keep the
records current for all subscribers, maintain and monitor the network and
support and maintain the software and systems required to provide the services.
The fees received for these monthly services are recognized as revenue in the
period in which the services are rendered.

Maintenance contracts are sold to customers that purchase database and call
handling systems. These contracts designate a specified amount that is to be
paid in advance that relates to the support and maintenance services. The fees
received for maintenance are deferred and recognized as revenue ratably over the
contractual term of the arrangement.

Systems and new products revenue represents revenue recognized from the
sales of new database and call handling systems as well as enhancements sold to
existing customers. Software license revenue and related hardware sales are
recognized upon execution of a contract and completion of delivery obligations,
provided that no uncertainties exist regarding customer acceptance and that
collection of the related receivable is reasonably assured.

Professional services revenue is generated by providing consulting services
to CLECs and is recognized in the period in which the services are rendered.

NOTE 2 - NAME CHANGE

On June 4, 2001, the Company changed its name from SCC Communications Corp.
to Intrado Inc. The Company's common stock trades on the Nasdaq National Market
under the symbol "TRDO".

NOTE 3 - ACQUISITION

4
<Page>

On May 11, 2001, the Company acquired certain assets, and assumed certain
liabilities, associated with the call handling and database divisions of
Lucent Public Safety Systems ("LPSS"), an internal venture of Lucent
Technologies Inc. ("Lucent"). The Company filed details of this transaction
in a Current Report on its Form 8-K (filed on May 14, 2001) and in another
Current Report on Form 8-K (filed on July 26, 2001). The results of
operations for LPSS prior to May 11, 2001 are not included in this report on
Form 10-Q.

The Company uses the assets acquired from LPSS to provide 9-1-1
supporting hardware and software technology, including the Palladium(TM) call
center and data-management systems. A number of telecommunications companies
manage their 9-1-1 infrastructure with our newly acquired hardware and
software systems. In addition, the systems are used by public safety call
centers across the nation to receive and respond to wireline and wireless
E9-1-1 calls. As with other companies that sell hardware and software
licenses and systems, revenues are variable and include a combination of
monthly recurring revenues and one-time sales of very large systems. The
Company is utilizing the assets acquired from LPSS in the same manner that
LPSS utilized the assets.

As part of the acquisition, the Company issued 2,250,000 shares of its
common stock to Lucent, issued an obligation to pay approximately $4.8
million in cash to Lucent for inventory either as the inventory is sold or at
a specified future date, and agreed to issue, 24 months from the date of
closing, up to $32.9 million of mandatorily redeemable, non-voting, preferred
stock ("Preferred Stock") to Lucent, subject to the attainment of specific
total combined revenue ("Total Revenue") targets. No dividends will be paid
on the Preferred Stock.

The obligation of approximately $4.8 million is payable in four equal
installments beginning in August 2002 and ending in May 2003 and therefore,
was discounted and recorded at $4.1 million (as of the date of the
acquisiton). If the inventory is sold prior to May 2002, that portion of the
obligation would be due and payable immediately.

The actual amount of the Preferred Stock is subject to a 24-month
contingency period, which commences on June 1, 2001, whereby if Total Revenue
meets or exceeds $258 million for that period, then Lucent is entitled to the
full issuance of $32.9 million in Preferred Stock. If Total Revenue is greater
than $179 million, but less than $258 million, Lucent will be entitled to a pro
rata issuance of Preferred Stock at a rate of $0.417 for each dollar of Total
Revenue in excess of $179 million. If the Company sells the call handling
division to a third-party during the contingency period, then the minimum
issuance threshold is reduced from $179 million to $161 million; the maximum
issuance threshold is reduced to $210 million; and the pro rata issuance of
Preferred Stock is raised from $0.417 for each dollar of Total Revenue in excess
of $179 million to $0.67 for each dollar of Total Revenue in excess of $161
million. This commitment will not be recorded until the targets are met, if at
all, and will be treated as an increase in the purchase price by increasing
goodwill. The Preferred Stock will be recorded at its face value over the
redemption period. The accretion will be treated as a dividend, reducing the
income available to common stockholders.

The mandatory redemption of the then issued Preferred Stock, if any,
commences 30 days from initial issuance with 33% due, followed by an
additional 33% due on June 1, 2004 and the remaining 34% due on June 1, 2005.
Early redemption is available at the option of the Company. The Company must
redeem shares of Preferred Stock with 25% of the gross proceeds of any
underwritten public offering.

Exclusive of future contingent consideration, the recorded purchase price of
the gross assets acquired in this transaction was approximately $30.1 million.
The purchase price is comprised of 2,250,000 shares of common stock valued at
$9.91 per share, issuance of a commitment to purchase inventory from Lucent with
a fair value of approximately $4.1 million, approximately $0.9 million of
liabilities recognized in connection with the acquisition, acquisition fees of
approximately $1.5 million paid to investment bankers and other transaction
costs of approximately $1.2 million. The approximately $25.0 million excess of
the purchase price over the estimated fair value of net tangible assets acquired
was allocated to the following identifiable intangible assets with the following
amortization lives:

<Table>
<Caption>
Accumulated
Original Amortization as Net Balance as Amortization
Allocated Cost of June 30, 2001 of June 30, 2001 Life
---------------- ------------------- ------------------ -----------------

Workforce $1,689,000 $72,000 $1,617,000 3 Years
Customer contracts assumed 3,507,000 151,000 3,356,000 3 Years
Intellectual Property 8,251,000 152,000 8,099,000 7 Years
Goodwill 11,571,000 213,000 11,358,000 7 Years
---------- ------- ----------
Total goodwill and other intangibles $25,018,000 $588,000 $24,430,000
=========== ======== ===========
</Table>

The allocation of the purchase price to assets acquired and liabilities
assumed is based on preliminary estimates and certain assumptions that the
Company believes are reasonable under the circumstances. The Company will
amortize the goodwill and other intangibles using the straight-line method of
amortization over the lives stated above.

NOTE 4 - PRIVATE PLACEMENT

5
<Page>

On May 2, 2001, the Company entered into an agreement to sell 632,111 shares
of its common stock to an institutional investor in a private offering exempt
from registration under the federal securities laws under Rule 506 of Regulation
D and Section 4(2) of the Securities Act of 1933. The sale closed on May 10,
2001. The common stock was purchased at a negotiated price per share of $7.91,
reflecting the arithmetic average of the closing price of the Company's common
stock on the Nasdaq National Market for the twenty consecutive trading days
prior to the offering date. The Company paid a finder's fee of $250,000 to the
broker and issued a warrant to the broker to purchase 31,605 shares with an
exercise price of $7.91 per share and an expiration date of May 2006. Other than
the finder's fee, the Company did not pay any other compensation or fees in
conjunction with this offering of common stock. Pursuant to this offering, the
Company registered the shares held by the institutional investor and the finder
in July 2001.

Management estimated the fair value of the warrant to be $168,000 using the
Black-Scholes option pricing model. The Company recorded a value of $165,000,
which was calculated using the relative fair value allocation of the proceeds
received between the stock and warrants issued. The issuance of the warrants and
fees paid were treated as costs associated with raising capital.

The Company computed the fair value of the warrant using the following
assumptions:
<Table>
<Caption>
2001
----------

Risk-free interest rate............. 5.00%
Expected dividend yield............. 0.00%
Expected lives outstanding.......... 5 years
Expected volatility................. 94.00%
</Table>

The net proceeds from this offering were $4,750,000. The Company plans to
use the net proceeds for general corporate purposes, including:

- repaying its obligations as they become due;
- financing capital expenditures, including acceleration of the
Company's wireless deployments and development of the Company's
coordinate routing database; and
- working capital.

Pending use of the net proceeds for any of these purposes, the Company may
invest the net proceeds in short-term investment grade instruments,
interest-bearing bank accounts, certificates of deposit, money market
securities, U.S. government securities or mortgage-backed securities guaranteed
by federal agencies.

NOTE 5 - ADOPTION OF SAB 101

In December 1999, the Securities and Exchange Commission staff released
Staff Accounting Bulletin No. 101, "Revenue Recognition" ("SAB 101"). SAB 101
provides interpretive guidance on the recognition, presentation and disclosure
of revenue in financial statements. The Company concluded that its then current
revenue recognition policies had to change to be in accordance with SAB 101.
Specifically, the guidance provided by SAB 101 required the Company to defer the
up-front non-recurring engineering ("NRE") fee, certain enhancement fees and
related incremental costs and recognize them over the life of each contract.
Prior to the adoption of SAB 101, the Company recognized revenue from the NRE
Services and Enhancement Services on the percentage of completion method over
the period in which the services were performed.

The Company adopted SAB 101 during the quarter ended December 31, 2000. The
adoption of SAB 101 required the Company to reflect a cumulative effect of
change in accounting principles of $3.1 million as if SAB 101 had been
implemented on January 1, 2000 and to restate all of the previously reported
2000 quarterly results.

The cumulative effect of change in accounting principle reflects the
amount of income from operations that had been recognized under the Company's
previously existing revenue recognition methods that would have been deferred
as of December 31, 1999 had the Company been under the guidelines of SAB 101.

The restatement of the previously reported 2000 quarterly results reflects
the net difference of fees received and incremental costs incurred in prior
periods that were retroactively deferred and recognized in the periods ended
June 30, 2000, and the fees received and incremental costs incurred during those
periods that were deferred into future periods. The table below illustrates the
restatement of previously filed unaudited information for the three and six
months ended June 30, 2000.

6
<Page>

<Table>
<Caption>
For the Three Months Ended For the Six Months Ended
June 30, 2000 June 30, 2000
-------------------------------- ----------------------------------
AS SAB 101 AS SAB 101
--- -------- --- -------
(amounts in thousands) REPORTED ADJUSTMENT RESTATED REPORTED ADJUSTMENT RESTATED
-------- ---------- -------- -------- ---------- --------

Revenue ............................... $ 10,556 $ (307) $ 10,249 $ 19,881 $ (599) $ 19,282
Direct Costs .......................... $ 7,275 $ (289) $ 6,986 $ 13,702 $ (431) $ 13,271
Net loss before cumulative effect of
change in accounting principle ...... $ (1,742) $ (18) $ (1,760) $ (2,157) $ (168) $ (2,325)
Cumulative effect of change in
accounting principle ................ $ -- $ -- $ -- $ -- $ (3,082) $ (3,082)
Net loss .............................. $ (1,742) $ (18) $ (1,760) $ (2,157) $ (3,250) $ (5,407)
Net loss per share (basic and ......... $ (0.16) $ (0.00) $ (0.16) $ (0.20) $ (0.29) $ (0.49)
diluted)
</Table>

NOTE 6 - EARNINGS PER SHARE

The Company presents basic and diluted earnings or loss per share in
accordance with Statement of Financial Accounting Standards No. 128 "Earnings
Per Share" ("SFAS 128"), which establishes standards for computing and
presenting basic and diluted earnings per share. Under this statement, basic
earnings (loss) per share is determined by dividing net income (loss) available
to common stockholders by the weighted average number of common shares
outstanding during each period. Diluted income (loss) per share includes the
effects of potentially issuable common stock, but only if dilutive (i.e., a loss
per share is never reduced). The treasury stock method, using the average price
of the Company's common stock for the period, is applied to determine dilution
from options and warrants. The as-if-converted method is used for convertible
securities. Potentially dilutive common stock options that were excluded from
the calculation of diluted income per share because their effect is antidilutive
totaled 1,231,228 and 861,213 for the three months ended June 30, 2001 and 2000,
respectively, and 1,130,702 and 824,380 for the six months ended June 30, 2001
and 2000, respectively.

NOTE 7 - REPORTABLE SEGMENTS

The Company has five reportable business units: Incumbent Local Exchange
Carrier ("ILEC"), Competitive Local Exchange Carrier ("CLEC"), Wireless,
Direct, and Corporate. The Company measures its reportable business units
based on revenue and costs directly related to each business unit.
Substantially all of the Company's customers are in the United States. The
Company's business units are segmented based on the type of customer each
business unit serves. The ILEC, CLEC and Wireless business units address
ILEC, CLEC and wireless carriers, respectively. The ILEC business unit
includes the database division acquired as a result of the LPSS acquisition.
The Direct business unit addresses sales, either directly or indirectly, to
state and local government entities and includes the call handling division
acquired as a result of the LPSS acquisition. The Corporate business unit
captures costs that are not directly related to a specific business unit.
These segments are managed separately because the nature of and resources
used for each segment is unique.

The Company does not segregate assets between the segments, as it is
impractical to do so.

7
<Page>

For the Three Months Ending June 30:
- --------------------------------------------------------------------------------
(dollars in
thousands)
<Table>
<Caption>
ILEC CLEC WIRELESS DIRECT CORPORATE TOTAL
---------------------------------------------------------------------------------------------------------------
2001 2000 2001 2000 2001 2000 2001 2000 2001 2000 2001 2000
------ ------ ------ ------ ------ ------ ------ ------ ------ ------ ------ ------

REVENUE:
Data Management $ 7,384 $ 6,543 $ 2,966 $ 1,398 $ 2,653 $ 382 $ 1,079 $ 607 $ -- $ -- $14,082 $ 8,930
Maintenance 1,434 -- -- -- -- -- 169 -- -- -- 1,603 --
Systems and New
Products 1,662 600 -- 224 -- 407 533 88 -- -- 2,195 1,319
Professional
Services -- -- 438 -- -- -- -- -- -- -- 438 --
-------- -------- -------- -------- -------- -------- -------- -------- -------- -------- -------- ------
Total 10,480 7,143 3,404 1,622 2,653 789 1,781 695 -- -- 18,318 10,249

Direct costs 6,267 3,979 1,451 535 2,725 898 2,236 1,574 -- -- 12,679 6,986
Sales and
marketing 779 400 527 184 548 191 384 369 1,144 961 3,382 2,105
General and
administrative -- -- -- -- -- -- -- -- 3,759 1,956 3,759 1,956
Research and
development (27) 43 13 77 -- 225 13 208 824 624 823 1,177
-------- -------- -------- -------- -------- -------- -------- -------- -------- -------- -------- ------
Total 7,019 4,422 1,991 796 3,273 1,314 2,633 2,151 5,727 3,541 20,643 12,224

Operating income
(loss) 3,461 2,721 1,413 826 (620) (525) (852) (1,456) (5,727) (3,541) (2,325) (1,975)

Other income, net -- -- -- -- -- -- -- -- 10 215 10 215
-------- -------- -------- -------- -------- -------- -------- -------- -------- -------- -------- ------

Net income (loss) $ 3,461 $ 2,721 $ 1,413 $ 826 ($ 620) ($ 525) ($ 852) ($ 1,456) ($ 5,717) ($ 3,326) ($2,315) ($1,760)
======== ======== ======== ======== ======== ======== ======== ======== ======== ======== ======== ======
</Table>

- -------------------------------------------------------------------------------

For the Six Months Ending June 30:
- -------------------------------------------------------------------------------
(dollars in
thousands)
<Table>
<Caption>
ILEC CLEC WIRELESS
-----------------------------------------------------------
2001 2000 2001 2000 2001 2000
------ ------ ------ ------ ------ ------

REVENUE:
Data Management $ 14,636 $13,140 $ 5,442 $ 2,335 $ 4,441 $ 616
Maintenance 1,434 -- 11 -- -- --
Systems and New
Product 1,662 841 -- 658 -- 699
Professional
Services -- -- 1,041 -- -- --
-------- ------- -------- ------- ------- -------
Total 17,732 13,981 6,494 2,993 4,441 1,315

Direct costs 10,658 7,957 2,822 1,008 5,131 1,786
Sales and
marketing 1,435 751 949 306 976 299
General and
administrative -- -- -- -- -- --
Research and
development 162 164 30 163 1 364
-------- ------- -------- ------- ------- -------
Total 12,255 8,872 3,801 1,477 6,108 2,449

Operating income
(loss) 5,477 5,109 2,693 1,516 (1,667) (1,134)

Other income, net -- -- -- -- -- --
-------- ------- -------- ------- ------- -------
Income (loss) before
cumulative effect
of change in
accounting
principle 5,477 5,109 2,693 1,516 (1,667) (1,134)

Cumulative effect of
change in
accounting
principle -- (1,663) -- (413) -- (887)
-------- ------- -------- ------- ------- -------
Net income (loss) $ 5,477 $ 3,446 $ 2,693 $ 1,103 ($1,667) ($2,021)
======== ======= ======== ======= ======= =======
<Caption>

DIRECT CORPORATE TOTAL
-----------------------------------------------------------
2001 2000 2001 2000 2001 2000
------ ------ ------ ------ ------ ------

REVENUE:
Data Management $ 2,138 $ 866 $ -- $ -- $26,657 $16,957
Maintenance 169 -- -- -- 1,614 --
Systems and New
Product 533 127 -- -- 2,195 2,325
Professional
Services -- -- -- -- 1,041 --
------- ------ ------- ------- ------- ------
Total 2,840 993 -- -- 31,507 19,282

Direct costs 3,933 2,520 -- -- 22,544 13,271
Sales and
marketing 771 683 1,983 1,609 6,114 3,648
General and
administrative -- -- 6,369 3,308 6,369 3,308
Research and
development 82 393 1,774 722 2,049 1,806
------- ------ ------- ------- ------- ------
Total 4,786 3,596 10,126 5,639 37,076 22,033

Operating income
(loss) (1,946) (2,603) (10,126) (5,639) (5,569) (2,751)

Other income, net -- -- 79 426 79 426
------- ------ ------- ------- ------- ------
Income (loss) before
cumulative effect
of change in
accounting
principle (1,946) (2,603) (10,047) (5,213) (5,490) (2,325)

Cumulative effect of
change in
accounting
principle -- (119) -- -- -- (3,082)
------- ------ ------- ------- ------- ------
Net income (loss) ($ 1,946) ($2,722) ($10,047) ($ 5,213) ($ 5,490) ($5,407)
======= ====== ======= ======= ======= ======
</Table>

NOTE 8 - Stock Subscriptions Receivable

In September 1997, in connection with the sale of the Company's Premise
Products Division, several former employees of the Company signed full recourse
promissory notes to the Company to exercise their vested stock options. The
notes accrue interest at 6.07% per annum although no accrual had been recorded
as of December 31,

8
<Page>

2000. In April 2001, the remaining note was paid by returning 4,738 shares of
common stock to the Company. The market value of the stock on that date was
approximately $39,000, which covered the note receivable as well as accrued
interest. These shares are reflected as treasury stock.

NOTE 9 - RELATED PARTY TRANSACTIONS

As part of the LPSS acquisition, the Company now provides subcontracted
maintenance services to Lucent on database and call handling contracts that
were not assigned directly to the Company. Approximately $2.5 million of
unbilled revenue at June 30, 2001, represents services provided to Lucent
that have not yet been invoiced. The note payable to Lucent of approximately
$4.2 million at June 30, 2001, represents the obligation incurred to pay for
the fair value of the inventory as part of the acquisition, including
interest.

NOTE 10 - Recently Issued Accounting Pronouncements

In June 2001, the Financial Accounting Standards Board ("FASB") issued
SFAS No. 141, "Business Combinations" and SFAS No. 142 "Goodwill and Other
Intangible Assets". These statements prohibit pooling-of-interests accounting
for transactions initiated after June 30, 2001, require the use of the
purchase method of accounting for all combinations after June 30, 2001 and
establish a new accounting standard for goodwill acquired in a business
combination. SFAS Nos. 141 and 142 continue to require recognition of
goodwill as an asset, but do not permit amortization of goodwill as
previously required by APB Opinion No. 17 "Intangible Assets." Furthermore,
certain intangible assets that are not separable from goodwill will not be
amortized. However, goodwill and other intangible assets will be subject to
periodic (at least annual) tests for impairment and recognition of impairment
losses in the future could be required based on a new methodology for
measuring impairments prescribed by these pronouncements. The revised
standards include transition rules and requirements for identification,
valuation and recognition of a much broader list of intangibles as part of
business combinations than prior practice, most of which will continue to be
amortized. The potential prospective impact of these pronouncements on the
Company's financial statements may significantly affect the results of future
periodic tests for impairment. The amount and timing of non-cash charges
related to intangibles acquired in business combinations will change
significantly from prior practice.

NOTE 11 - SUBSEQUENT EVENTS

On July 31, 2001, the Company entered into an agreement to establish a
revolving line of credit that is available to meet operating needs. Borrowing
availability is not to exceed $15 million and is further limited to 85% of the
Company's eligible accounts receivable, as defined. The interest rate on amounts
borrowed under the line of credit is equal to the prime rate plus 2.00% per
annum. The line of credit matures on July 31, 2004 and is collateralized by
certain assets.

9
<Page>

ITEM 2. MANAGEMENT'S DISCUSSION AND ANALYSIS OF FINANCIAL CONDITION AND RESULTS
OF OPERATIONS

OVERVIEW

We are the leading provider of 9-1-1 data management products and services
to ILECs, CLECs and wireless carriers in the United States. We manage the data
that enables a 9-1-1 call to be routed to the appropriate public safety agency
with accurate and timely information about the caller's identification and
location. We were incorporated in July 1979 in the State of Colorado under the
name Systems Concepts of Colorado, Inc. and were reincorporated in September
1993 in the State of Delaware under the name SCC Communications Corp. In June
2001, we changed our name to Intrado Inc.

Prior to 1995, substantially all of our revenue was derived from the sale of
software licenses and related implementation services to ILECs and public safety
agencies. During 1994, we began investing in infrastructure to provide our 9-1-1
operations support system ("OSS") solution to telephone operating companies
seeking to outsource operations. We signed our first 9-1-1 data management
services contract in August 1994 and continue to add to the number of records
under management. We began to recognize revenue from wireless carriers in the
third quarter of 1997, and continue to increase the number of live wireless
subscribers managed. In addition, we signed a contract with the General Services
Commission of the State of Texas in November 1998, representing the first time
that a state agency has endeavored to centralize 9-1-1 OSS and data management
services with a neutral third party. On May 11, 2001, we acquired certain
assets, and assumed certain liabilities, associated with the call handling and
database divisions of Lucent Public Safety Systems ("LPSS"), an internal venture
of Lucent Technologies Inc. ("Lucent").

With the addition of LPSS, we now provide 9-1-1 supporting hardware and
software technology, including the Palladium(TM) call center and data-management
systems. A number of telecommunications companies manage their 9-1-1
infrastructure with these hardware and software systems. In addition, these
systems are used by public safety call centers across the nation to receive and
respond to wireline and wireless E9-1-1 calls.

We generate revenue from four of our segments, or "business units": ILEC,
CLEC, Wireless and Direct. The revenue from these business units is derived from
monthly data management services, maintenance, systems and new products, and
professional services.

The monthly data management services includes revenue from up-front
non-recurring engineering fees ("NREs") and monthly service fees. The NRE
service consists primarily of the clean up of the customer's 9-1-1 data records,
engineering services to enable the customer's legacy system to interface with
Intrado's platform, building the network that will route the calls, public
safety boundary mapping, customer training and testing. The charges for these
services are nonrefundable if the contract is cancelled after the services are
performed. After the initial NRE, customers often buy components of these
services, such as additional software engineering to modify the system
functionality or network services to make their network more effective and
enhance their solution ("Enhancement Services"). The fees received for NRE
services and Enhancement Services are deferred and recognized as revenue ratably
over the remaining contractual term of the arrangement.

Under outsourcing solution contracts, we receive a monthly service fee for
providing ongoing data management services that are required to keep the records
current for all subscribers, maintain and monitor the network and support and
maintain the software and systems required to provide the services. The fees
received for these monthly services are recognized as revenue in the period in
which the services are rendered.

Maintenance contracts are sold to customers that purchase database and call
handling systems. These contracts designate a specified amount that is to be
paid over future periods that relates to the support and maintenance services.
The fees received for maintenance are deferred and recognized as revenue ratably
over the contractual term of the arrangement.

Professional services revenue is generated by providing consulting services
to CLECs and is recognized in the period in which the services are rendered.

10
<Page>

Our revenue breaks down as a percent of total revenue as follows:
<Table>
<Caption>
Three Months Ended June 30, Six Months Ended June 30,
------------------------------------------- -----------------------------------------
Revenue Percent Revenue Percent
2001 2000 2001 2000 2001 2000 2001 2000
---- ---- ---- ---- ---- ---- ---- ----

ILEC Business Unit $10,480 $ 7,143 57% 70% $17,732 $13,981 56% 73%
CLEC Business Unit 3,404 1,622 19 16 6,494 2,993 21 15
Wireless Business Unit 2,653 789 14 8 4,441 1,315 14 7
Direct Business Unit 1,781 695 10 6 2,840 993 9 5
------- ------- ------- ------- ------- ------- ------- -------
$18,318 $10,249 100% 100% $31,507 $19,282 100% 100%
</Table>

During 2000, we changed our revenue recognition policies to comply with SAB
101. Specifically, SAB 101 requires that we defer the up-front NRE fee, certain
enhancement fees and related incremental costs and recognize them over the lives
of our contracts. The adoption of SAB 101 required us to reflect a cumulative
effect of change in accounting principle as if SAB 101 had been implemented on
January 1, 2000 and to restate all of our reported 2000 quarterly results.

During the six months ended June 30, 2001 and 2000, we recognized
approximately 44% and 69%, respectively, of total revenue from Ameritech,
BellSouth Inc. and Qwest, each of which accounted for greater than 10% of our
total revenue in such periods.

Historically, substantially all of our revenue has been generated from sales
to customers in the United States. However, we have generated revenue in Canada
and intend to enter additional international markets, which may require
significant management attention and financial resources. International sales
are subject to a variety of risks.

As of December 31, 2000, we had net operating loss carryforwards of
approximately $16.9 million available to offset future net income for U.S.
federal income tax purposes. Future taxable income may not be sufficient to
realize additional deferred tax assets that may be created by the projected net
operating losses. Consequently, we have provided a valuation allowance to fully
offset our net deferred tax assets.

Our quarterly and annual operating results have varied significantly in the
past. The variation in operating results may continue and may intensify. We
believe that period-to-period comparisons of results of operations are not
necessarily meaningful and should not be relied upon as indications of future
performance. Our operating results may continue to fluctuate as a result of many
factors, including the length of the sales cycles for new or existing customers,
the size, timing or duration of significant customer contracts, our ability to
integrate new customers and assets acquired in acquisitions, rate of adoption of
wireless services by public safety answering points ("PSAPs"), efforts expended
to accelerate the introduction of certain new products, our ability to hire,
train and retain qualified personnel, increased competition, changes in
operating expenses, changes in our strategy, the financial performance of our
customers, changes in telecommunications legislation and regulations that may
affect the competitive environment for our services, and general economic
factors.

THREE MONTHS ENDED JUNE 30, 2001 COMPARED TO THREE MONTHS ENDED JUNE 30, 2000

TOTAL COMPANY

Total revenue increased 79%, from $10.2 million in the second quarter of 2000
to $18.3 million in the second quarter of 2001. Included in this increase is
revenue related to the LPSS acquisition of approximately $2.9 million during the
period from May 12, 2001 through June 30, 2001. Total direct costs increased
81%, from $7 million in the second quarter of 2000 to $12.7 million in the
second quarter of 2001, representing 69% of total revenue for both periods.
Included in this increase are direct costs related to the LPSS acquisition of
approximately $1.9 million during the period from May 12, 2001 through June 30,
2001.

ILEC BUSINESS UNIT

ILEC revenue increased 48%, from $7.1 million in the second quarter of 2000
to $10.5 million in the second quarter of 2001. ILEC revenue increased due to an
increase in the number of records under management, recurring systems and new
product and maintenance revenue related to the database division acquired as
part of the LPSS acquisition. Included in this increase is revenue related to
LPSS's database systems representing approximately $2.7 million during the
period from May 12, 2001 through June 30, 2001. ILEC subscribers under
management grew 3% from 84.4 million subscribers as of June 30, 2000, to 87.3
million as of June 30, 2001.

11
<Page>

ILEC direct costs increased 58%, from $4.0 million in the second quarter of
2000 to $6.3 million in the second quarter of 2001, representing 56% and 60% of
ILEC revenue for such periods, respectively. Costs increased due to the addition
of staff as a result of the LPSS acquisition as well as an increase in the
amount of ILEC work performed by our software development group on ILEC
enhancements during the second quarter of 2001. Included in this increase are
direct costs related to LPSS's database division representing approximately $1.0
million during the period from May 12, 2001 through June 30, 2001.

ILEC sales and marketing expenses increased 100% from $400,000 in the
second quarter of 2000, to $799,000 in the second quarter of 2001,
representing 6% and 8% of ILEC revenue for each period, respectively. ILEC
sales and marketing expenses increased as a result of additional headcount
acquired as part of the LPSS acquisition as well as in other ILEC sales and
marketing departments to accommodate growth. Included in this increase are
sales and marketing costs related to LPSS's database division representing
approximately $43,000 during the period from May 12, 2001 through June 30,
2001.

CLEC BUSINESS UNIT

CLEC revenue increased 113%, from $1.6 million in the second quarter of 2000
to $3.4 million in the second quarter of 2001. CLEC revenue increased due to an
increase in the number of records under management for new and existing
customers and additional services recognized on new customers. We now have 41
CLEC contracts, representing 7.1 million subscribers.

CLEC direct costs increased 180%, from $535,000 in the second quarter of 2000
to $1.5 million in the second quarter of 2001, representing 33% and 44% of CLEC
revenue for such periods, respectively. The increase in CLEC direct costs is due
to the hiring of additional CLEC operations staff to assist with the continued
growth in records under management.

CLEC sales and marketing expenses increased 186%, from $184,000 in the second
quarter of 2000 to $527,000 in the second quarter of 2001, representing 12% and
16% of CLEC revenue for such periods, respectively. The increase in CLEC sales
and marketing expenses is due to the hiring of additional sales and marketing
personnel to accommodate growth and increased direct marketing campaign costs as
well as write offs for uncollectible accounts receivable.

CLEC research and development costs decreased 83%, from $77,000 in the
second quarter of 2000 to $13,000 in the second quarter of 2001, representing
5% and 0% of CLEC revenue for such periods, respectively. CLEC research and
development costs decreased due to the increased focus by our software
engineering staff on projects in other business units.

WIRELESS BUSINESS UNIT

Wireless revenue increased 242%, from $789,000 in the second quarter of
2000 to $2.7 million in the second quarter of 2001. Wireless revenue
increased due to an increase in the number of records under management.
Wireless subscribers grew 388% from 1.6 million at June 30, 2000, to 7.8
million at June 30, 2001.

Wireless direct costs increased 201%, from $898,000 in the second quarter of
2000 to $2.7 million in the second quarter of 2001, representing 114% and 100%
of Wireless revenue for such periods, respectively. Costs increased due to the
hiring of additional systems operations staff and increased systems maintenance
and telephone line costs to accommodate growth. Also included in this increase
is approximately $230,000 of costs incurred as a result of the LPSS acquisition
during the period May 12, 2001 through June 30, 2001. Wireless direct cost as a
percentage of Wireless revenue decreased as the increase in subscribers managed
covered more of the infrastructure costs.

Wireless sales and marketing expenses increased 187%, from $191,000 in the
second quarter of 2000 to $548,000 in the second quarter of 2001, representing
24% and 20% of Wireless revenue for such periods, respectively. The increase in
Wireless sales and marketing expenses is due to the creation of a product
management department and the hiring of additional sales personnel in 2001.

Wireless research and development costs decreased from $225,000 in the second
quarter of 2000 to $0 in the second quarter of 2001, representing 29% and 0% of
Wireless revenue for such periods, respectively. Wireless research and
development costs decreased due to the increased focus by our software
engineering staff on projects in other business units.

12
<Page>

DIRECT BUSINESS UNIT

Direct revenue increased 159% from $695,000 in the second quarter of 2000 to
$1.8 million in the second quarter of 2001. Direct revenue increased due to the
transition of records in the State of Texas, fees recognized for enhanced
services, revenues related to our Emergency Warning and Evacuation (EWE) system
and maintenance revenue related to the call handling division acquired as part
of the LPSS transaction. Included in this increase is approximately $208,000 of
revenue related to the call handling division acquired as part of the LPSS
acquisition during the period from May 12, 2001 through June 30, 2001. The
subscriber base in Texas increased to 7.0 million and EWE increased to 1.8
million.

Direct costs increased 38% from $1.6 million in the second quarter of 2000 to
$2.2 million in the second quarter of 2001. Costs increased due to the
additional personnel and system infrastructure needed to implement the State of
Texas contract and to manage records that have been transitioned as well as
additional personnel acquired as part of the LPSS transaction. Included in this
increase is approximately $776,000 of direct costs related to the call handling
division during the period from May 12, 2001 through June 30, 2001.

Direct sales and marketing expenses increased 4% from $369,000 in the
second quarter of 2000 to $384,000 in the second quarter of 2001,
representing 23% and 17% of Direct revenue for such periods, respectively.
The increase in sales and marketing costs is due to the addition of personnel
acquired as part of the LPSS transaction. This increase is partially offset
by a reduction in sales personnel and sales collateral expense in the second
quarter of 2001. Included in this increase is approximately $125,000 of sales
and marketing costs related to the call handling division during the period
from May 12, 2001 through June 30, 2001.

Direct research and development costs decreased 94%, from $208,000 in the
second quarter of 2000 to $13,000 in the second quarter of 2001. Direct research
and development costs decreased due to the increased focus by our software
engineering staff on projects in other business units.

CORPORATE BUSINESS UNIT

Corporate general and administrative expenses increased 90%, from $2.0
million in the second quarter of 2000 to $3.8 million in the second quarter
of 2001. Corporate general and administrative expenses increased due to the
amortization of intangibles acquired as a result of the LPSS transaction,
increased headcount to accommodate growth in the finance and legal
departments and personnel acquired from the LPSS transaction. Costs related
to the acquisition, including amortization of intangibles, were approximately
$685,000 during the period from May 12, 2001 through June 30, 2001.

Corporate sales and marketing expenses increased 14%, from $961,000 in the
second quarter of 2000 to $1.1 million in the second quarter of 2001,
representing 9% and 6% in total revenue for such periods, respectively.
Included in corporate sales and marketing are costs associated with public
relations. Corporate sales and marketing expenses increased due to increased
personnel and public relations charges.

Corporate research and development increased 32% from $624,000 in the
second quarter of 2000 to $824,000 in the second quarter of 2001,
representing labor and associated travel and consulting costs related to the
research and development of new product offerings.

Net other income decreased 95%, from $215,000 in the second quarter of 2000
to $10,000 in the second quarter of 2001, representing 2% and 0% of total
revenue for such periods, respectively. Other income decreased due to less
interest income earned from investments.

SIX MONTHS ENDED JUNE 30, 2001 COMPARED TO SIX MONTHS ENDED JUNE 30, 2000

TOTAL COMPANY

Total revenue increased 63%, from $19.3 million in the six months ended June
30, 2000 to $31.5 million in the six months ended June 30, 2001. Included in
this increase is revenue related to the LPSS acquisition of approximately $2.9
million during the period from May 12, 2001 through June 30, 2001. Total direct
costs increased 69%, from $13.3 million in the six months ended June 30, 2000 to
$22.5 million in the six months ended June 30, 2001, representing 69% and 71% of
total revenue, respectively. Included in this increase are direct costs related
to the LPSS acquisition of approximately $1.9 million during the period from May
12, 2001 through June 30, 2001.

ILEC BUSINESS UNIT

13
<Page>

ILEC revenue increased 27%, from $14.0 million in the six months ended June
30, 2000 to $17.7 million in the six months ended June 30, 2001. ILEC revenue
increased due to an increase in the number of records under management,
recurring systems and new product and maintenance revenue related to the
database division acquired as part of the LPSS acquisition. Included in this
increase is revenue related to LPSS's database systems representing
approximately $2.7 million during the period from May 12, 2001 through June 30,
2001.

ILEC direct costs increased 34%, from $8.0 million in the six months ended
June 30, 2000 to $10.7 million in the six months ended June 30, 2001,
representing 57% and 60% of ILEC revenue for such periods, respectively. Costs
increased due to the addition of staff as a result of the LPSS acquisition as
well as an increase in the amount of ILEC work performed by our software
development group on ILEC enhancements during the second quarter of 2001.
Included in this increase are direct costs related to LPSS's database division
representing approximately $1.0 million during the period from May 12, 2001
through June 30, 2001.

ILEC sales and marketing expenses increased 86%, from $751,000 in the six
months ended June 30, 2000 to $1.4 million in the six months ended June 30,
2001, representing 5% and 8% of ILEC revenue for such periods, respectively.
ILEC sales and marketing expenses increased as a result of additional headcount
acquired as part of the LPSS acquisition as well as in other ILEC sales and
marketing departments to accommodate growth. Included in this increase are sales
and marketing costs related to LPSS's database division representing
approximately $43,000 during the period from May 12, 2001 through June 30, 2001.

ILEC research and development costs decreased 1%, from $164,000 in the six
months ended June 30, 2000 to $162,000 in the six months ended June 30, 2001,
representing 1% of ILEC revenue for both periods. ILEC research and development
costs decreased due to increased focus by our software engineering staff on
projects for other business units.

CLEC BUSINESS UNIT

CLEC revenue increased 117%, from $3.0 million in the six months ended June
30, 2000 to $6.5 million in the six months ended June 30, 2001. CLEC revenue
increased due to an increase in the number of records under management for new
and existing customers and additional services recognized on new customers.

CLEC direct costs increased 180%, from $1.0 million in the six months ended
June 30, 2000 to $2.8 million in the six months ended June 30, 2001,
representing 37% and 43% of CLEC revenue for such periods, respectively. The
increase in CLEC direct costs is due to the hiring of additional CLEC
operations staff to assist with the continued growth in records under
management.

CLEC sales and marketing expenses increased 210%, from $306,000 in the six
months ended June 30, 2000 to $949,000 in the six months ended June 30, 2001,
representing 10% and 15% of CLEC revenue for such periods, respectively. The
increase in CLEC sales and marketing expenses is due to the hiring of additional
sales and marketing personnel to accommodate growth and increased direct
marketing campaign costs as well as write offs for uncollectible accounts
receivable.

CLEC research and development costs decreased 82%, from $163,000 in the six
months ended June 30, 2000 to $30,000 in the six months ended June 30, 2001,
representing 5% and 0% of CLEC revenue for such periods, respectively. CLEC
research and development costs decreased due to the increased focus by our
software engineering staff on projects in other business units.

WIRELESS BUSINESS UNIT

Wireless revenue increased 238%, from $1.3 million in the six months ended
June 30, 2000 to $4.4 million in the six months ended June 30, 2001. Wireless
revenue increased due to an increase in the number of records under management.

Wireless costs increased 183%, from $1.8 million in the six months ended June
30, 2000 to $5.1 million in the six months ended June 30, 2001. Costs increased
due to the hiring of additional systems operations staff and increased systems
maintenance and telephone line costs to accommodate growth. Wireless direct cost
as a percentage of Wireless revenue decreased as the increase in subscribers
managed grows to cover more of the infrastructure costs. Also included in this
increase is approximately $230,000 of costs incurred as a result of the LPSS
acquisition during the period from May 12, 2001 through June 30, 2001.

14
<Page>

Wireless sales and marketing expenses increased 226%, from $299,000 in the
six months ended June 30, 2000 to $976,000 in the six months ended June 30,
2001, representing 23% and 22% of Wireless revenue for such periods,
respectively. The increase in Wireless sales and marketing expenses is due to
the creation of a product management department and the hiring of additional
sales personnel in 2001.

Wireless research and development costs decreased 100% from $364,000 in the
six months ended June 30, 2000 to $1,000 in the six months ended June 30, 2001,
representing 28% and 0% of Wireless revenue for such periods, respectively.
Wireless research and development costs decreased due to the increased focus by
our software engineering staff on projects in other business units.

DIRECT BUSINESS UNIT

Direct revenue increased 182% from $993,000 in the six months ended June 30,
2000 to $2.8 million in the six months ended June 30, 2001. Direct revenue
increased due to the transition of records in the State of Texas, fees
recognized for enhanced services, revenues related to our Emergency Warning and
Evacuation (EWE) systems and maintenance revenue related to the call handling
division acquired as part of the LPSS transaction. Included in this increase is
approximately $208,000 of revenue related to the call handling division acquired
as part of the LPSS acquisition during the period from May 12, 2001 through June
30, 2001.

Direct costs increased from $2.5 million in the six months ended June 30,
2000 to $3.9 million in the six months ended June 30, 2001. Costs increased due
to the additional personnel and system infrastructure needed to implement the
State of Texas contract and to manage records that have been transitioned as
well as additional personnel acquired as part of the LPSS transaction. Included
in this increase is approximately $776,000 of direct costs related to the call
handling division during the period from May 12, 2001 through June 30, 2001.

Direct sales and marketing expenses increased 13% from $683,000 in the six
months ended June 30, 2000 to $771,000 in the six months ended June 30, 2001,
representing 69% and 28% of Direct revenue for such periods, respectively. The
increase in sales and marketing costs is due to the addition of personnel
acquired as part of the LPSS transaction. Included in this increase is
approximately $125,000 of sales and marketing costs related to the call handling
division during the period from May 12, 2001 through June 30, 2001.

Direct research and development costs decreased 79%, from $393,000 in the six
months ended June 30, 2000 to $82,000 in the six months ended June 30, 2001.
Direct research and development costs decreased due to the increased focus by
our software engineering staff on projects in other business units.

CORPORATE BUSINESS UNIT

Corporate general and administrative expenses increased 93%, from $3.3
million in the six months ended June 30, 2000 to $6.4 million in the six months
ended June 30, 2001, representing 17% and 20% of total revenue for such period,
respectively. Corporate general and administrative expenses increased due to the
amortization of intangibles acquired as a result of the LPSS transaction,
increased headcount to accommodate growth in the finance and legal departments
and personnel acquired from the LPSS transaction. Costs related to the
acquisition, including amortization of intangibles, were approximately $685,000
during the period from May 12, 2001 through June 30, 2001.

Corporate sales and marketing expenses increased 25%, from $1.6 million in
the six months ended June 30, 2000 to $2.0 million in the six months ended
June 30, 2001, representing 8% and 6% in total revenue for such periods,
respectively. Corporate sales and marketing expenses increased due to
increased personnel and public relations charges.

Corporate research and development increased 149% from $722,000 in the six
months ended June 30, 2000 to $1.8 million in the six months ended June 30, 2001
representing labor and associated travel and consulting costs related to the
research and development of new product offerings.

Net other income decreased 81%, from $426,000 in the six months ended June
30, 2000 to $79,000 in the six months ended June 30, 2001, representing 2% and
0% of total revenue for such periods, respectively. Other income decreased due
to less interest income earned from investments.

The cumulative effect from change in accounting principle of approximately
$3.1 million in 2000 represents the change associated with adopting SAB 101
effective January 1, 2000. This change reflects the amount of income that had
been recognized under our previously existing revenue recognition methods that
would have been deferred as of

15
<Page>

December 31, 1999 had we been under the guidelines of SAB 101. The income
deferred as a result of adopting SAB 101 will be recognized on varying dates
through 2005.

LIQUIDITY AND CAPITAL RESOURCES

Since our inception we have funded our operations with cash provided by
operations, supplemented by equity and debt financing and leases on capital
equipment. As of June 30, 2001, we had $9.2 million in cash and cash
equivalents and investments in marketable securities. We expect our operating
cash flows to turn positive in the second half of 2001 as we begin generating
revenue from our increased subscriber base as a result of our wireless
deployment efforts.

We repaid $1.2 million and $1.0 million of capital lease obligations during
the six months ended June 30, 2001 and 2000, respectively. Additionally, we used
$1.9 million and $2.1 million in the six months ended June 30, 2001 and 2000,
respectively, for the purchase of capital assets and software development. We
currently have no material commitments for capital expenditures other than the
following. On May 7, 2001, we signed an eight-year lease to occupy approximately
210,000 square feet of office space in Longmont, Colorado. We expect to move our
corporate headquarters to Longmont beginning in the latter half of 2001, with
full occupancy anticipated in the first or second quarter of 2002. We expect to
incur approximately $2 million in leasehold improvements during the last half of
fiscal 2001 in order to prepare for the move.

In addition, we incurred an obligation to purchase approximately $4.1
million of computers in conjunction with the LPSS acquisition. We may
purchase additional systems in an effort to attain incremental operating
efficiencies, especially in our ILEC and CLEC business units and to incur
additional costs and expenses in connection with our acquisition of certain
net assets of LPSS.

On July 31, 2001, we entered into an agreement to establish a revolving
line of credit, which is available to meet operating needs. Borrowing
availability is not to exceed $15 million and is further limited to 85% of
our eligible accounts receivable, as defined. The interest rate on amounts
borrowed under the line of credit is equal to the prime rate plus 2.00% per
annum. The line of credit matures on July 31, 2004 and is collateralized by
accounts receivable and certain other assets.

We also have access to a maximum of $7.5 million through capital lease
lines with two entities. The interest rate is equal to the entities' cost of
funds at the time of each lease. Each lease schedule is collateralized by the
assets that are being leased and is subject to review and approval by the
lessor at the time of the Company's application. Each lease has its own
termination date, typically 36 months. As of June 30, 2001, $2.0 million
available under the capital lease lines has been utilized.

PRIVATE PLACEMENT

On May 2, 2001, we entered into an agreement to sell 632,111 shares of
our common stock to an institutional investor in a private offering exempt
from registration under the federal securities laws under Rule 506 of
Regulation D and Section 4(2) of the Securities Act of 1933. The sale closed
on May 10, 2001. The common stock was purchased at a negotiated price per
share of $7.91, reflecting the arithmetic average of the closing price of the
Company's common stock on the Nasdaq National Market for the twenty
consecutive trading days prior to the offering date. We paid a finder's fee
of $250,000 to the broker and issued a warrant to the broker to purchase
31,605 shares with an exercise price of $7.91 per share and an expiration
date of May 2006. Other than the finder's fee, we did not pay any other
compensation or fees in conjunction with this offering of common stock.
Pursuant to this offering, we registered the shares held by the institutional
investor and the finder in July 2001.

The net proceeds from this offering were $4,750,000. We plan to use the
net proceeds for general corporate purposes, including:

- repaying our obligations as they become due;
- financing capital expenditures, including acceleration of
our wireless deployments and development of our
coordinate routing database; and
- working capital.

Pending use of the net proceeds for any of these purposes, we may invest the
net proceeds in short-term investment grade instruments, interest-bearing
bank accounts, certificates of deposit, money market securities, U.S.
government securities or mortgage-backed securities guaranteed by federal
agencies.

FUTURE CAPITAL NEEDS AND RESOURCES

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We anticipate that, for the foreseeable future, significant amounts of
available cash flows will be utilized for:

- capital expenditures for the expansion and enhancement of our networks
and the continued development of new or enhanced products and
services;
- operating expense to support the continued implementation of existing
customer contracts, particularly in the wireless business unit;
- potential acquisitions;
- debt service requirements; and
- other general corporate expenditures.

We anticipate that our cash utilization for capital expenditures and other
operating and financing activities will continue to exceed our positive cash
flows from operating activities through the third quarter of 2001 as we continue
to expand and enhance our networks, invest in the development of enhanced
products and services, and implement existing customer contracts. We expect cash
inflows from operating activities to exceed outflows by the end of 2001.
However, our success depends on the execution of our strategies, including the
following factors:

- effectively integrate the operations of LPSS with our historic
business;
- develop business and pricing models that realize benefits from
economies of scale;
- develop new and better products that we can competitively price and
sell; and
- implement more cost effective internal processes.

However, we cannot be sure that our actions will be successful in decreasing our
overall operating costs or increasing operating profits.

If we are not successful in implementing these initiatives and realizing
positive cash flows from operations, and we are unable to raise additional funds
or obtain funds from other sources on acceptable terms and in a timely manner,
we may be required to conserve available cash for use in funding existing
business activities, thereby slowing enhancement and implementation of existing
contracts and services.

Based on available cash resources and the anticipated cash needs of our
operations for capital expenditures and acquisitions and the combined
anticipated operating cash flow of our business units, we believe that we will
be able to fully fund our operations through calendar year 2001. In making this
assessment, we have considered:

- consolidated cash, cash equivalents and short-term investments (net of
restrictive cash of $750,000) of $8.5 million as of June 30, 2001;
- the anticipated availability of up to $15 million of funding related
to our recent agreement to establish a revolving credit facility;
- the anticipated level of capital expenditures during the remainder of
2001;
- presently scheduled debt service requirements during the remainder of
2001; and
- our expectation of realizing positive cash flow from operations during
the fourth quarter of 2001.

If our business plans change, or if economic conditions or competitive
practices in the telecommunications industry change materially, our cash
flow, profitability and anticipated cash needs could change significantly.
Any acquisition or new business opportunity could involve significant
additional funding needs in excess of the identified currently available
sources, and could require us to raise additional equity or debt funding to
meet those needs.

The availability of borrowings under our credit facility and lease line of
credit is subject to certain conditions and limitations, and we cannot be sure
that those conditions will be met. The instruments relating to our financing
arrangements contain provisions that limit the amount of borrowings that we may
incur. The terms of the credit facility and lease line of credit also require us
to maintain compliance with specified operating and financial covenants or
ratios, including specified covenants and ratios related to leverage, which
become more stringent over time.

In addition, our capital needs, and our ability to adequately address those
needs through debt or equity funding sources, are subject to a variety of
factors that we cannot presently predict, including:

- the commercial success of our products and services;
- the amount and timing of our capital expenditures and operating income
or losses;
- the volatility and demand of the equity and debt markets; and

17
<Page>

- the market price of our common stock.

We have had and may in the future have discussions with third parties
regarding potential equity investments and debt financing arrangements to
satisfy actual or anticipated financing needs. At present, other than the
existing equity or debt financing arrangements that have been consummated or are
described in this quarterly report, we have no legally binding commitments or
understandings with any third parties to obtain any material amount of equity or
debt financing.

RECENTLY ISSUED ACCOUNTING PRONOUNCEMENTS

In June 2001, the Financial Accounting Standards Board ("FASB") issued SFAS
No. 141, "Business Combinations" and SFAS No. 142 "Goodwill and Other Intangible
Assets". These statements prohibit pooling-of-interests accounting for
transactions initiated after June 30, 2001, require the use of the purchase
method of accounting for all combinations after June 30, 2001 and establish a
new accounting standard for goodwill acquired in a business combination. SFAS
Nos. 141 and 142 continue to require recognition of goodwill as an asset, but
do not permit amortization of goodwill as previously required by APB Opinion
No. 17 "Intangible Assets." Furthermore, certain intangible assets that are
not separable from goodwill will not be amortized. However, goodwill and
other intangible assets will be subject to periodic (at least annual) tests
for impairment and recognition of impairment losses in the future could be
required based on a new methodology for measuring impairments prescribed by
these pronouncements. The revised standards include transition rules and
requirements for identification, valuation and recognition of a much broader
list of intangibles as part of business combinations than prior practice,
most of which will continue to be amortized. The potential prospective impact
of these pronouncements on our financial statements may significantly affect
the results of future periodic tests for impairment. The amount and timing of
non-cash charges related to intangibles acquired in business combinations
will change significantly from prior practice.

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ITEM 3. QUANTITATIVE AND QUALITATIVE DISCLOSURES ABOUT MARKET RISK

Market risk represents the risk of loss that may impact our financial
position, results of operations or cash flows due to adverse changes in
financial and commodity market prices and rates. We are exposed to market risk
in the areas of changes in United States interest rates. These exposures are
directly related to our normal operating and funding activities. Historically,
and as of June 30, 2001, we have not used derivative instruments or engaged in
hedging activities.

INTEREST RATE RISK

The interest payable on our new line of credit is variable and is determined
based on the prime rate plus 2.00% per annum, and, therefore, is affected by
changes in market interest rates. At June 30, 2001, no amounts were outstanding
under our line of credit, however, we may borrow up to 85% of qualified accounts
receivable, not to exceed $15,000,000. Rates on our capital lease line are also
dependent on interest rates in effect at the time the lease line is drawn upon.
In addition, we invest excess funds in high-grade treasury bonds and commercial
paper on which we monitor interest rates frequently and as the investments
mature. Based on amounts invested in treasury bonds and commercial paper at June
30, 2001, if the markets were to experience a decline in rates of 1%, we would
have a resulting decline in future quarterly earnings, fair values and cash
flows of approximately $5,000 per quarter.

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PART II - OTHER INFORMATION

ITEM 2 - CHANGES IN SECURITIES AND USE OF PROCEEDS.

During the three months ended June 30, 2001, we issued the following
unregistered securities:

- On May 2, 2001, we entered into an agreement to issue 632,111 shares of
its common stock to an institutional investor for consideration of
$4,750,000, net of a $250,000 finder's fee (the "May 2001 Private
Placement"). The transaction closed on May 10, 2001. The common stock
was purchased at a negotiated price per share of $7.91, reflecting the
arithmetic average of the closing price of the Company's common stock
on the Nasdaq National Market for the twenty consecutive trading days
prior to May 2, 2001.

- As a finder's fee for the May 2001 Private Placement, the Company
issued a warrant to purchase 31,605 shares (5% of the shares issued to
the institutional investor) to a broker. The warrant carries an
exercise price of $7.91 per share.

Each of the above transactions was exempt from registration under Rule 506 of
Regulation D and Section 4(2) of the Securities Act of 1933.

ITEM 4 - SUBMISSION OF MATTERS TO A VOTE OF SECURITY HOLDERS.

The following two matters were submitted to a vote of security holders at the
Annual Meeting of Stockholders held on June 26, 2001.

1. Election of two directors, each for a term of three years. The
following votes were cast:

<Table>
<Caption>
Director Nominee For Withheld
----------------------------------- -------------- -----------------

Stephen O. James 9,691,223 19,125
Mary Beth Vitale 9,693,566 16,782
</Table>

2. Ratification of Arthur Andersen LLP as independent accounts for the
2001 fiscal year. The following votes were cast:

<Table>

For 9,649,359
Against 8,567
Abstain 2,422
</Table>

ITEM 6 - EXHIBITS AND REPORTS ON FORM 8-K.

(a) Exhibits.
None.

(b) Reports on Form 8-K.

On May 11, 2001, we filed a Current Report on Form 8-K to
announce the $5 million private placement with an institutional
investor.

On May 14, 2001, we filed a Current Report on Form 8-K to
announce the acquisition certain assets and assumption of certain
liabilities associated with the database and call handling
divisions of LPSS. This Current Report on Form 8-K also
included proforma financial statements for the year ended
December 31, 2000.

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<Page>

SIGNATURES

Pursuant to the requirements of the Securities Exchange Act of 1934 as amended,
the Registrant has duly caused this report to be signed on its behalf by the
undersigned thereunto duly authorized.

INTRADO INC.
(Registrant)

August 14, 2001 \s\ George K. Heinrichs
- --------------- ------------------------------
Date George K. Heinrichs, President
and Chief Executive Officer

August 14, 2001 \s\ Michael D. Dingman, Jr.
- --------------- ------------------------------
Date Michael D. Dingman, Jr.
Financial Officer