eBILLIT STRENGTHENS POSITION AS LEADER IN ADVANCED PAYMENT SOLUTIONS FOR INTERNET SERVICES AND CONTENT PROVIDERS

Adoption of e-payment solutions and PhoneBill Platform Accelerates as Providers Discover Innovative Way to Maximize Existing Business While Increasing Sales by 35 Percent or More

SAN JOSE, CA ¡V September 30, 2002 ¡VUnderscoring the power of its advanced payment solutions and revenue optimization strategies for Internet companies and the popularity of its alternative Internet payment options for consumers, eBillit today announced it won seven new Internet service and content providers as clients in the third quarter of 2002.

The company¡¦s rapid growth and tremendous success as a Payment Service Provider, in an otherwise slow business economy, is being driven by a compelling value proposition ¡V eBillit helps its customers monetize the Internet more effectively than virtually any other available solution or service. Internet Service Providers and Content Providers are typically increasing their rate of customer acquisition and revenue growth by more than 35 percent by adopting eBillit¡¦s innovative payment options and end-to-end services.

The company¡¦s popular PhoneBill payment solution has been a major driver of revenue optimization and new customer growth. PhoneBill addresses a huge untapped global market opportunity for a practical alternative to credit cards. It enables Internet service and content providers to bill end user customers via their local phone bill, in essence turning the phone bill into a credit instrument.

New eBillit customers this quarter include WebSource Media, VCV Communications and National Broadband Webcasting, among others who are successfully using eBillit¡¦s innovative PhoneBill payment platform and DirectBill services.

¡§eBillit¡¦s advancement payment solutions and Customer Revenue Optimization strategies are a cornerstone for our marketing strategy and have contributed greatly to our high customer acquisition and retention rates,¡¨ said Marc Smith, CEO and founder of WebSource Media. ¡§Over the years, we have learned that small businesses prefer the convenience of putting this type of charge on their local telephone bill. With eBillit, we can offer this attractive billing alternative simply and cost effectively. As a result, our sales have grown rapidly and our customer retention rates are high.¡¨

¡§We expect working with eBillit to increase profits by 40 percent or more,¡¨ said Kimberly Simpson, president of National Broadband Web Casting. ¡§This solution eliminates excessive paper bills and gives our customers a convenient way of paying for our services.¡¨

¡§Internet service and content providers are increasingly relying on eBillit to optimize their revenues. Our solutions eliminate the biggest obstacle to winning and keeping customers on the Internet by creating new payment options and strategies that address the needs of a broader range of customer segments and preferences. That¡¦s why our customers experience a lift in new subscriber acquisition rates of 35 percent or more,¡¨ says Don Teague, vice president of sales and marketing for eBillit.

About eBillit
eBillit, Inc. is the leading Payment Service Provider (PSP) for the Internet, offering complete outsourced billing solutions in a service bureau model designed to meet the unique needs of Internet Service Providers, Enhanced Service Providers, and Digital Content Providers. Industry leading payment platforms include PhoneBill, DirectBill, WebBill„·, CreditCard, and ACH. As a single-vendor solution, eBillit's products span the entire service chain and include front-end Registration, Validation and Fraud Control, Customer Management, and Customer Care in addition to its billing platforms. eBillit, Inc., is a privately held company located in Silicon Valley. To learn more about eBillit, visit www.ebillit.net or call 800-747-4028.

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Contacts:
Sarah Miller
Neale-May & Partners
650-328-5555
smiller@nealemay.com

Kathy Kerrigan
eBillit, Inc.
408-362-4174
kkerrigan@ebillit.net