LAKE FOREST, California – April, 2004 - iPayables, provider of Internet Invoicing tools for Fortune 1000 companies and their suppliers, announced strong gains in electronic invoicing in the airline industry.

Carrying the name IATA InvoiceWorks, iPayables technology is gaining steady ground with both airlines and suppliers in the airline industry. The International Air Transport Association (IATA) has sanctioned the product as the industry standard and now offers the product to airlines directly through agreements with BearingPoint, LLP and iPayables, Inc. This month, another of the five largest domestic airlines completed implementation and began processing invoices through IATA InvoiceWorks.

In the airline industry, most major suppliers and airlines are using IATA InvoiceWorks in some degree to send or receive invoices. With the increased awareness and use of IATA InvoiceWorks, global expansion has also been growing. IATA InvoiceWorks has users in over 65 countries worldwide.

iPayables, Inc. is headquartered in Lake Forest, California. Information can be obtained at www.ipayables.com or by contacting the main offices at (866) 874-7932.