Magellan Midstream Partners relies on Harbor Payments to provide accounts payable and payroll payments processing

Atlanta, GA, November 27, 2006 – Harbor Payments, the leading provider of next-generation electronic billing, invoicing and payments management solutions, announced today that Tulsa-based Magellan Midstream Partners L.P. (NYSE: MMP) has outsourced its accounts payable and payroll payments processing to Harbor Payments, leveraging the company’s flagship solution Payment Harbor™. A web-based payment processing platform, Payment Harbor™ enables centralized management of all disbursement activities, including all payment types and systems, both domestically and internationally, through the entire payment lifecycle – from origination to funding and settlement.

Primarily in the business of managing the transportation, storage and distribution of refined petroleum products, Magellan recognized that payments processing was not a core competency and that it could more efficiently and cost-effectively outsource the processing of the more than 4,000 checks the company currently issues every month. In addition to providing Magellan with standard “push” print models, Payment Harbor also supports an “on-demand” print model for exception checks, escrow payments and other special payments that formats and routes payment data files to internal or external printers, as well as ACH and wire services banking partners.

Payment Harbor reduces the cost of third-party payments, eliminates the cost of distributing checks to multiple locations and accelerates accounting processes. Providing sophisticated controls for the entire payment system lifecycle, the solution addresses both PO and non-PO spend, provides comprehensive security, reduces check fraud and it can be implemented quickly, with minimal impact on the organization’s IT resources.

About Magellan Midstream Partners, L.P.
Magellan Midstream Partners, L.P. is a publicly traded partnership formed to own, operate and acquire a diversified portfolio of energy assets. The partnership primarily transports, stores and distributes refined petroleum products. More information is available at www.magellanlp.com

About Harbor Payments
Harbor Payments is the leading provider of outsourced electronic invoicing, billing and disbursement solutions for the Global 1000. The company’s products, services and insight enable organizations to manage cash flow 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