LAKE FOREST, California – November, 2004 - iPayables, provider of Internet Invoicing tools for Fortune 1000 companies and their suppliers, announced that they have received a patent on their electronic invoicing technology.

The patent, entitled “System and method for collecting, enhancing and distributing invoices electronically via the internet”, includes much of what users of the iPayables InvoiceWorks system see today. More information is available at www.uspto.gov, patent #6,826,542.

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.