Welcome to messageREACH

Media Calls:
Whitney Fleming
Environics Communications
203-325-8772, ext. 11
wfleming@environics-usa.com

Xpedite:
Elizabeth Brennan
Xpedite
800-333-0568, ext. 7321
e.brennan@xpedite.com

U.S. BANK DELIVERS BUSINESS ACCOUNT INFORMATION USING XPEDITE'S MULTIMEDIA MESSAGING CAPABILITIES
National Bank Saves Time and Money by Offering Customers Secure Statement Delivery Options

TINTON FALLS, N.J. (December 17, 2002) - Xpedite (www.xpedite.com), a business unit of Ptek Holdings, Inc. (NASDAQ: PTEK) and a company that helps businesses manage information distribution to and from their customers through outsourced multimedia messaging solutions, including, e-mail, voice, fax and wireless services, today announced that U.S. Bank is using its multimedia messaging services. U.S. Bank, a subsidiary of U.S. Bancorp, is providing customers with the option of receiving account information either via Xpedite's messageREACH® e-mail or faxREACH^SM high-volume fax service.

U.S. Bank utilizes Xpedite's messageREACH e-mail service to deliver customer information, such as business account statements and positive pay reports to their business customers requesting these services. Each e-mail is uniquely encrypted (using Triple-Data Encryption Standard) by Xpedite and automatically routed to the recipient, who is required to type in a personal password in order to decrypt and read the document. U.S. Bank can access the delivery status of e-mail jobs via the messageREACH Web site at any time. messageREACH's detailed tracking and reporting capabilities provide U.S. Bank with valuable delivery information, including verification that customers have received and opened their statements. Customers preferring a fax delivery method can receive the same account information that is offered via the e-mail service.

"Xpedite provides us with a variety of multimedia messaging options to help us meet the challenge of delivering timely and secure information to our business customer base," said Marc Davis, Treasury Management product manager at U.S. Bank. "Xpedite has been a valued partner, allowing U.S. Bank to introduce these innovative capabilities on a timely, cost-effective basis."

"In today's fast-paced, Internet banking environment, customers want information quickly and securely - and through their preferred choice of electronic address," said Rob Mainor, President of Xpedite. "We are proud to provide leaders in the banking industry - such as U.S. Bank - with the tools to help them better manage their customer relationships."

About Xpedite

Xpedite (www.xpedite.com) helps companies manage information distribution to and from their customers through outsourced multimedia messaging solutions, including e-mail, voice, fax and wireless services. Similar to the traditional advertising model of using multiple communications channels such as television, radio and print, Xpedite offers customers an integrated approach to efficiently and effectively reach their target audiences. The company's dynamic service offerings include innovative solutions for high-volume, time-sensitive communications, such as bank statements, billing invoices, subscription renewals, promotional offers, and more. Xpedite processed approximately 2 billion messages in 2001 for a global client base that includes almost half of the Fortune 500, and such industry leaders as Boeing, Bank One, JP Morgan Chase, Marriott, Merck, Morgan Stanley, Nippon Life Insurance, Vodafone, Fuji, and Xerox. Xpedite is a business unit of Ptek Holdings (NASDAQ: PTEK; www.ptek.com) and has sales offices in 30 locations throughout the United States and 25 international offices in 18 countries.

About Ptek Holdings, Inc.

Ptek Holdings, Inc. (NASDAQ: PTEK) is a leading provider of enhanced multimedia group communications services to the global enterprise marketplace. These solutions, which include conferencing, Web collaboration and messaging, are marketed under the Premiere Conferencing and Xpedite brand names.

Ptek Holdings corporate headquarters is located at 3399 Peachtree Road NE, The Lenox Building, Atlanta, GA 30326. Additional information can be found at www.ptek.com.

For Investor Relations-related inquiries, please contact Eric Martin at 404-262-8462.

About U.S. Bank

U.S. Bancorp (NYSE: USB), with assets in excess of $174 billion, is the 8th largest financial services holding company in the United States. The company operates 2,133 banking offices and 4,680 ATMs, and provides a comprehensive line of banking, brokerage, insurance, investment, mortgage, trust and payment services products to consumers, businesses and institutions. U.S. Bancorp is home of the Five Star Service Guarantee which assures customers of certain key banking benefits and services or customers will be paid for their inconvenience. U.S. Bancorp is the parent company of U.S. Bank. Visit U.S. Bancorp on the web at www.usbank.com.

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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 the following factors: competitive pressures among communications services providers, including pricing pressures, may increase significantly; Ptek's ability to respond to rapid technological change, the development of alternatives to its products and services and the risk of obsolescence of its products, services and technology; market acceptance of new products and services; development of effective marketing, pricing and distribution strategies for new products and services; Ptek's ability to manage its growth; costs or difficulties related to the integration of businesses and technologies, if any, acquired or that may be acquired by Ptek may be greater than expected; expected cost savings from past or future mergers and acquisitions, may not be fully realized or realized within the expected time frame; revenues following past or future mergers and acquisitions may be lower than expected; operating costs or customer loss and business disruption following past or future mergers and acquisitions may be greater than expected; the success of Ptek's strategic relationships, including the amount of business generated and the viability of the strategic relationships, may not meet expectations; possible adverse results of pending or future litigation or adverse results of current or future infringement claims; risks associated with interruption in Ptek's services due to the failure of the platforms and network infrastructure utilized in providing its services; domestic and international terrorist activity, war and political instability may adversely affect the level of services utilized by Ptek's customers and the ability of those customers to pay for services utilized; risks associated with expansion of Ptek's international operations; general economic or business conditions, internationally, nationally or in the local jurisdiction in which Ptek is doing business, may be less favorable than expected; legislative or regulatory changes may adversely affect the business in which Ptek is engaged; and changes in the securities markets may negatively impact Ptek.

For a detailed discussion of these and other cautionary statements and factors that could cause actual results to differ from the Company's forward-looking statements, please refer to the Company's filings with the Securities and Exchange Commission, especially in the "Factors Affecting Future Performance" included in the Management's Discussion and Analysis section of the Company's Form 10-K for the fiscal year ended December 31, 2001 and in subsequent filings filed with the Securities and Exchange Commission.