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April 10, 2005



Invoice Insight Continues to Lead Software-as-a-Service Telecom Expense Management Industry
Telecom Expense Management Leader Inks Two More Fortune 500 Clients

MANASSAS, VA – April 10, 2005 - Invoice Insight, the leading Telecom Expense Management "software-as-a-service" solution provider for large enterprises and federal agencies, has recently signed two large Fortune 500 clients with combined employees of over 125,000. The high tech and retail giants are both implementing "software-as-a-service" solutions to help them manage their millions of dollars of month in telecommunications expenses. Services include inventory management, invoice management, and contract compliance management. Each enterprise will use Invoice Insight's BillPort® technology to manage their wireless and landline voice and data expenses. Implementations are expected to be complete in the second quarter of 2005.

"More and more large enterprises are seeing the value in software-as-a-service. Since they access technology via the web and pay for it via a monthly subscription fee, the risk is smaller and the payoff is sooner than traditional software licensing," says David Spofford, CEO of Invoice Insight. "Invoice Insight is one of many companies like Salesforce.com that are proving that software-as-a-service is a viable delivery model of technology to the large enterprise."

"We are pleased with our continued growth and are grateful to our current clients that continue to spread the word about us," says Spofford. "The unique advantage clients have in a monthly subscription model is that the balance of power is fair." In a traditional software license model, the vendor gets most of its money up-front and only a small part in the form of annual maintenance fees. "Our model encourages strong service delivery at all times, keeping the balance of power at least equal for the customer. Also, our model allows potential clients to access serious technology without having to make a large up-front capital investment. We believe that even in a good economy customers will see the logic in our business model."

About Invoice Insight, LLC
Headquartered in Manassas, VA, Invoice Insight is the leading provider of Telecom Expense Management "software-as-a-service". Clients include Harley-Davidson, the Department of Defense, and KB Toys. It provides both technology and outsourcing solutions to large commercial and government end-users of telecom services. Invoice Insight is the developer of BillPort®, proprietary software delivered in the "software-as-a-service" model. The software creates an environment of unparalleled visibility & control while allowing the client flexibility in choosing the right solution to meet its needs. Invoice Insight's model allows for rapid implementation, low cost of ownership, and a win-win model more akin to a service relationship than traditional software licensing deployments - hence the term "software-as-a-service."



 
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Invoice Insight is a leading provider of automated telecom cost management and telecom expense management solutions. Through BillPort™ technology and on-demand services, we help organizations with their telecom invoice management, telecom inventory management, telecom service ordering, telecom audit and contract management, telecom sourcing, telecom procurement, telecom MAC/D, and other telecommunication management needs. We help enterprises achieve telecommunication cost reduction using BillPort™ TEM technology or our telecom consulting and telecommunication audit automation services. We also provide e-gov (e-government or electronic government) solutions to Federal agencies, including government invoice processing, Federal expense management solutions, government telecom management software and other Federal, state and local government expense management and invoice management solutions. Terms and Definitions. Click to download the Free Macromedia Flash Player 7

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Invoice Insight Corporate: 703-334-0070 © 2003, Invoice Insight, LLC. All Rights Reserved