PSCU FINANCIAL SERVICES OFFERING PTEK’S XPEDITE UNIT’S MULTIMODAL COMMUNICATION SOLUTIONS TO 500 CREDIT UNION MEMBERS
Nation’s Largest Credit Service Organization to Offer Xpedite’s Collections and eStatement/eInvoicing Solutions

ATLANTA, February xx, 2004 – Ptek Holdings, Inc. (NASDAQ: PTEK; www.ptek.com), a leading provider of innovative business communications services, and its Xpedite business unit (www.xpedite.com), today announced that the nation’s largest credit union service organization, PSCU Financial Services, will be offering Xpedite’s interactive Alert/Notification and Collections Solutions, enabled by Xpedite’s voiceREACH® platform, in addition to Xpedite’s eStatement/eInvoicing Solution, as an extension of their customer outreach services.

PSCU Financial Services provides a broad array of cost-effective, high quality financial services that include credit, debit, ATM and contact center solutions, along with Internet-based services, to its 500 plus member credit unions and over 8 million cardholder accounts across the nation. The agreement between Xpedite and PSCU Financial Services enables member credit unions to leverage multiple communication channels and methods in order to communicate with their customers through personalized, and secure, voice messages and emails with information such as credit card billing, PIN number activation and late payment notifications.

“We’ve had great success with Xpedite as a communications partner since 1998. Their solution suite is ideally suited for helping our credit unions more efficiently reach out to their membership to deliver high value, high-volume content like voice messages informing of late payments, credit statements and newsletters,” said Jim Major, PSCU Financial Services Director of Communications for Emerging Services.

“The decision by PSCU Financial Services to offer several of our solutions to its credit union members demonstrates the value and breadth Xpedite provides to the financial services industry,” said Lee Provow, President of Xpedite. “Xpedite provides enhanced communications services that allow credit unions to achieve faster responses and improved customer service, while minimizing expenditures that are usually associated with customer outreach.”

“Our solutions are designed to deliver valuable content to the desired audience in the most efficient and cost-effective manner possible,” said Boland T. Jones, Founder, Chairman and CEO of Ptek Holdings, Inc. “It is our goal to continue to deliver superior, cost-effective business communications solutions that meet and exceed the requirements of our customers, and we’re pleased to extend our relationship with PSCU Financial Services.”

About PSCU Financial Services
PSCU Financial Services is the nation's largest Credit Union Service Organization (CUSO). As a non-profit cooperative, the company is owned by more than 500 member credit unions representing over 8 million cardholder accounts across the nation. PSCU Financial Services maintains its headquarters and Eastern operations center in St. Petersburg, Florida. The company is supported by a West Coast operations center based in Phoenix, Arizona.

Established in 1977, the company provides a broad array of cost-effective, high quality financial services that include credit, debit, ATM, bill payment and contact center solutions. PSCU Financial Services uniquely offers its members a full range of processing options, any combination from full service to in-house pass through processing for credit, debit and ATM transactions. As the leader in the credit union industry, the company offers gateway access to national and regional networks. It also provides full function ATM terminal driving services.

For more information and product demonstrations, visit the company's Web site at www.pscufs.com.