Harbor Payments Chief Executive Officer Wins Technology Entrepreneur Award In the 2005 AeA Southeastern "Spirit of Endeavor" Awards Program

Atlanta, GA, May 13, 2005 – Harbor Payments, Inc., the leading provider of next generation invoice, billing and payment management solutions, announced that its Chief Executive Officer, Ashish Bahl, has received AeA’s (American Electronics Association) Southeast 2005 Spirit of Endeavor Award for Technology Entrepreneur. The Company was presented the award at the AeA Southeast “Spirit of Endeavor” Awards Banquet on Tuesday, May 11, 2005 at the Fox Theatre in Atlanta, Ga. In addition, Harbor Payments was a nominee for the Spirit of Endeavor Award category of Emerging Business.

“It is a great honor to receive AeA’s 2005 Spirit of Endeavor Award for Technology Entrepreneur,” said Ashish Bahl, CEO of Harbor Payments. “The true enablers of this award are the 200 employees of Harbor Payments who have been dedicated and passionate about the Company’s mission over the last 5 years. This award is also a testament to Harbor Payments’ strengthening leadership position within the on-demand, electronic invoicing and billing industries. The combination of this award, recent accolades within global industry journals, and major Fortune 100 customer wins continues to accelerate the business momentum at Harbor Payments”.

The AeA Southeast Spirit of Endeavor Awards are open to the entire technology industry and honor those people and companies based in Georgia, South Carolina, North Carolina, Tennessee, Alabama and Mississippi who have had significant accomplishments within the technology industry. The method to select the winner of the award in each category starts with the nomination process, and either individuals or organizations may submit nominations. From the list of nominations, a panel of experts from the technology industry select finalists in each of up to five categories that include: Outstanding Leadership Award, Technology Entrepreneur Award, Emerging Business Award, Technology Innovation Award, and Leadership in Technology Education.

About Harbor Payments

Harbor Payments is an industry-leading comprehensive payment services provider that offers next generation payment management solutions. Harbor Payment’s’ solutions streamline and centralize the complete payment workflow from purchase order generation to payment execution. Headquartered in Atlanta, the company has strategic backing from established industry leaders including First Data Corporation, Marsh & McLennan Companies, Inc., and Fortis, Inc. For more information, please visit the company's web site at www.harborpayments.com