TINTON FALLS, NJ, March 13, 2003 - Xpedite (www.xpedite.com), a business unit of Ptek Holdings, Inc. (NASDAQ: PTEK) and a provider of integrated, multimedia messaging services, today announced that Ariba®, Inc. (NASDAQ: ARBAE) is using its transactional messaging services. Ariba, the leading Enterprise Spend Management (ESM) solutions provider, is using Xpedite to facilitate fax transactions over the Ariba® Supplier NetworkTM (Ariba SN). Ariba SN has more than 45,000 enabled suppliers which buyers can connect and transact with electronically via XML, e-mail, EDI, web-based access and fax, which helps reduce purchasing costs and cycle times for both parties.
Xpedite provides its transactional business customers with a customized, seamless information flow from the customer's system to Xpedite to the message recipient, and delivers these messages to any type of electronic address. Xpedite currently sends all purchase orders via fax to suppliers, who choose to receive orders in that format, on the Ariba SN in the United States and abroad. By utilizing Xpedite's transactional fax delivery and tracking services, Ariba SN organizations are able to receive purchase orders within minutes after an order is generated.
"We work with thousands of suppliers across all industries, so it is important that we provide efficient, reliable and cost-effective options for them to receive purchase orders from their buyers," said Richard Rothschild, VP Network Operations and IT, Ariba, Inc. "We selected Xpedite because of their 15-year industry track record, and their ability to make the process of delivering purchase orders simple and efficient by integrating with the Ariba SN."
"Transactional messaging, such as purchase orders and invoices, bill presentments or reservation confirmations, is an increasing part of our business, and we've worked hard to develop services to meet the needs of this fast-growing segment of our customer base," said Rob Mainor, President of Xpedite. "We're proud to offer industry leaders like Ariba a seamless solution to manage their buyers and suppliers transactional needs."
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 www.ptek.com.
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.