Ptek Holdings Announces $60 Million Line Of Credit
Company to Redeem an Additional $25M of Its 5 ¾% Convertible Notes Due 2004

ATLANTA, GA, November 25, 2003 - Ptek Holdings, Inc. (NASDAQ: PTEK), a leading provider of business communications services, today announced that it has secured a three-year, $60 million credit facility from LaSalle Bank National Association and Bank of America, N.A.

The Company intends to use a portion of the facility to redeem an additional $25 million principal amount of its existing convertible notes due July 2004. The remainder of the line will be available for working capital and expansion opportunities. Upon completion of the partial redemption on December 15, 2003, the principal balance of the convertible notes due 2004 will be $15 million.

"We are pleased that LaSalle and Bank of America have provided this facility," said Boland T. Jones, Founder, Chairman and CEO of Ptek Holdings, Inc. "The availability of these funds, combined with our operating cash flow, allows us to continue to retire our 2004 convertible debt and gives us greater flexibility to respond to market opportunities."

About Ptek Holdings, Inc.

Ptek Holdings, Inc. is a leading provider of innovative business, data and group communications services for global enterprises. Companies use our audio and data conferencing solutions to conduct group meetings and presentations over the phone or Web. We also enable our customers to process and deliver large quantities of individualized, business critical information, such as electronic statements and invoices, financial transaction and travel confirmations, and drug prescriptions, via our global ASP platform. Ptek serves companies in nearly every business sector, including healthcare, technology, publishing, financial services, travel and hospitality. Our services are marketed under the Premiere Conferencing and Xpedite® brand names.

Ptek Holdings' corporate headquarters is located at 3399 Peachtree Road NE, Suite 700, Atlanta, GA 30326. Additional information can be found at

Forward-looking and cautionary statements

Statements made in this press release, other than those concerning historical information, should be considered forward-looking and subject to various risks and uncertainties. Such forward-looking statements are made pursuant to the "safe harbor" provisions of the Private Securities Litigation Reform Act of 1995 and are made based on management's current expectations or beliefs as well as assumptions made by, and information currently available to, management. A variety of factors could cause actual results to differ materially from those anticipated in Ptek's forward-looking statements, including, but not limited to, the following factors: technological change; the development of alternatives to our services; our ability to manage our growth; integration of acquired companies; possible adverse effects on our financial condition if we are unable to retain IBM as a customer at the levels currently forecasted; possible adverse results of pending or future litigation or infringement claims; service interruptions; competitive pressures, including pricing pressures; general domestic and international economic, business or political conditions; legislative or regulatory changes; increased financial leverage; our dependence on our subsidiaries for cash flow; and other factors described from time to time in our press releases, reports and other filings with the SEC, including but not limited the "Risk Factors Affecting Future Performance" section of our Annual Report on Form 10-K for the year ended December 31, 2003. All forward-looking statements attributable to us or a person acting on our behalf are expressly qualified in their entirety by this cautionary statement