Harbor Payments receives back-to-back AeA “Spirit of Endeavor” awards, this year for top emerging technology business in the Southeast

Atlanta, GA, September 20, 2006 – Harbor Payments, the leading provider of next-generation electronic billing, invoicing and payments management solutions, recently was recognized as the Southeast’s Top Emerging Technology Business at AeA’s (American Electronics Association) 2006 Southeast Spirit of Endeavor Awards Ceremony held September 14 at the Fox Theater in downtown Atlanta. Harbor Payments Founder and CEO Ashish Bahl also received AeA’s Spirit of Endeavor Award in 2005 for Technology Entrepreneur of the Year.

“We are truly honored to be recognized once again by AeA for the 2006 Southeast Spirit of Endeavor Award,” said Ashish Bahl, CEO of Harbor Payments. “Harbor Payments has experienced explosive growth over the last 12 months, signing several blue chip reseller agreements and numerous additional Fortune 1000 clients. And from the record turnout at this year’s awards ceremony, it’s clear the technology industry in general is experiencing significant momentum.”

In fact, nominations received for the 2006 AeA Spirit of Endeavor Award increased nearly 40 percent compared with 2005, according to Mike Levin, executive director of the AeA’s Southeast Council and host for the event. “The number and quality of nominations continues to grow every year, and we believe this is a direct reflection of the innovative thinking and maturity of our tech community,” said Levin.

The annual AeA Southeast Spirit of Endeavor Award is open to the entire technology industry and honors leading technology executives and companies based in Alabama, the Carolinas, Georgia, Mississippi and Tennessee. Categories include Outstanding Leadership, Technology Entrepreneur, Emerging Business, Technology Innovation, and Leadership in Technology Education by a Technology Organization, with winners selected by a distinguished panel of experts from the technology industry.

About Harbor Payments
Harbor Payments is the leading provider of corporate payments management, providing comprehensive electronic outsourced invoicing, billing and disbursement solutions for the Global 1000. The company’s products, services and insight enable organizations to manage cashflow more effectively by efficiently sending and receiving invoices, making and collecting payments, and managing all associated internal workflows. While transforming and streamlining the client organization’s operational and financial processes, Harbor Payments products and services adapt to and complement each client’s existing information systems and accounting applications. Harbor Payments solutions are marketed under the brands of Invoice Harbor, Billing Harbor and Payment Harbor.
For more information, please visit the company’s web site at www.harborpayments.com