Company News
iPayables and CTP Solutions Form Joint Marketing Alliance

Lake Forest, CA July 3, 2007 - iPayables announced today that it has entered into a joint marketing agreement with CTP Solutions. This agreement will enable CTP Solutions to resell InvoiceWorks and iPayables Payment Services to their clients. CTP Solutions, an Agoura Hills, California company, provides a wide variety of document management services including payables automation and outsourcing tools. "This relationship adds functionality to both company's product lines and expands distribution efforts. We look forward to a solid and successful relationship with CTP." Ken Virgin, CEO, iPayables.

iPayables is a leading provider of Internet invoice delivery and payment services. Founded in 1999, they reduce accounts payable paper-processing costs with a blend of technology and service. iPayables provides invoicing services for most of the major airlines worldwide in addition to a number of other Fortune 1000 companies in other industries. More than 35,000 companies in 150 countries, including over one-half of the Fortune 100 companies have invoices flowing through the InvoiceWorks application.