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ATLANTA and FORT LAUDERDALE, FL., November 7, 2000 - Derivion, the leading application service provider (ASP) to Deliver comprehensive B2C, B2B, and small business e-billing solutions designed for the Internet, and Internet Billing Company, Ltd. (iBill), a worldwide provider of turnkey e-commerce solutions, announced today an agreement to Offer Internet bill presentment and payment solutions toiBill’s growing customer base of small tomid-sized online companies.

iBill provides credit card processing and electronic check processing services to sellers of Web site access, content, services, and products. Leveraging a single, seamless application for bill delivery and payment receipt, Derivion® inetBiller solutions cater to the needs of companies doing business over the Internet.

“As one of the fastest growing, e-commerce service providers, it is absolutely critical that we deliver the most innovative, cutting-edge solutions to our customer base,” said Garrett Bender, president and CEO of iBill. “Derivion’s technology is consistent with this charge and complements our payment processing services with multi-dimensional e-billing applications that will revolutionize the way our clients interact with their customers.”

Derivion’s inetBiller will enable iBill clients to Deliver and accept payments virtually anywhere on the Internet, eliminating the need for costly paper invoicing and paper check processing. In addition, inetBiller Console SM, the back-end administrative interface of inetBiller solutions, provides billers with online marketing functionalities, allowing them to incorporate and manage bill messaging and banner advertisements remotely over the Internet. Billers can market new products and services for instant online purchase, and segment customers for specific marketing efforts.

“iBill has experienced significant growth and is leading the pack in the race tofulfill today’s demand for fast, reliable, and secure e-commerce solutions,” said Read Ziegler, CMO of Derivion. “As the leading e-billing ASP, Derivion is focused on enabling billers of all sizes with e-billing solutions that are flexible, low-cost, quick to implement, and promote biller control. Our objective is to achieve the critical mass of e-billers needed toultimately drive adoption among end-users.”

iBill customers will also be able toleverage inetBiller solutions to Reduce customer dependence on costly call center inquiries. Because inetBiller houses account information and payment histories online, these billers and their customers will have round-the-clock access tocritical information. Customers may resolve account inquiries without biller assistance, and billers can manage additional questions via e-mail, reducing call center inquiries and customer service staffing needs.

Derivion will act as a transparent extension of the biller’s Web site by digitizing print stream data, in any format, topost interactive bills online. In addition, Derivion has distribution relationships with all major consolidators and consumer access points offering iBill clients the option to provide e-bill access, view, and payment anywhere, anytime on the Internet.

About iBill
Established in 1996 and headquartered in Ft. Lauderdale, FL, iBill provides turnkey e-commerce solutions tothousands of business customers around the world. The company’s service is powered by proprietary technology that integrates online payment processing, fraud control, affiliate management and financial reporting and tracking. For more information about iBill, visit the company on the web at www.ibill.com, or call (888)- 237-1764.

About Derivion
Derivion is the leading e-billing ASP that delivers comprehensive B2C, B2B, and small business solutions toautomate and streamline bill delivery, payment, and customer care processes. Derivion enables billers of all sizes with three core e-billing solutions: inetBillerSM , inetBiller B2BSM, and a small business e-billing solution. In addition, Derivion supports billers with DigitalCareSM, a unique service offering that integrates traditional and Internet-based CRM tools to Enhance customer relationships. DigitalCare incorporates Activation Marketing - a powerful resource aimed at accelerating consumer adoption of e-billing. Derivion has an extensive network of partnerships with industry leaders in electronic bill distribution and payment processing including Checkfree, First Union, MasterCard RPPS, Comerica, and Texas Capital Bank. Derivion also connects billers tovirtually all consumer access points such as Yahoo!, Quicken.com, Charles Schwab, and BankOne through strategic alliances with Paytrust, Intuit, and Checkfree. Derivion leads the industry with pioneering technology and multi-layered services, currently working with more than 70 B2C and B2B billers to annually digitize over 200 million bills. The Atlanta-based company was founded in 1998 and maintains research, development, and additional sales offices in Toronto, Canada. For more information about Derivion, please visit www.derivion.com.

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