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IT Leader in Financial and Payment Services Industry Appointed PrimeRevenue CIO

William H. MacPhail Brings 22 Years of Experience to Supply Chain Finance Leader

ATLANTA, GA, June 20, 2006 — PrimeRevenue, Inc., the leading provider of Supply Chain Finance (SCF) solutions, today announced the appointment of William H. MacPhail to the position of Chief Information Officer (CIO). Bill brings to PrimeRevenue over 22 years of Information Technology (IT) industry experience with executive management responsibilities for product management and application software development.

As CIO, Bill will be responsible for the development, delivery, and operational management of the Company’s leading edge supplier finance, payable presentment and settlement solutions for its expanding global client base. These products and future innovations will enable the Company to realize its vision to be the standard global platform for processing financial supply chain transactions.

"Bill possesses a strong track record of developing successful world-class transaction processing products and strategies," said Joseph Juliano, CEO, PrimeRevenue. “He is a tremendous addition to our team that is second to none when it comes to satisfying our customers’ high expectations around technology and solution delivery.”

Most recently, Bill served as Senior Vice President of Product and Application Development at Global Payments, a high volume, global leader in electronic payment processing. During his years of progressive management experience at Global Payments, he led a team of 180 IT professionals in supporting Global Payments’ rapid growth.

“As companies around the world are looking to implement working capital solutions, PrimeRevenue is well-positioned to deliver the systems necessary to improve efficiency in these capital markets,” said MacPhail. “I am honored to be working with the distinguished group of individuals who had the vision to create the supply chain finance platform that is unmatched in the financial industry. I’m pleased to lead the group that supports the growth in transactional volume, which will occur as a result.”

About PrimeRevenue, Inc.
PrimeRevenue's leading global Supply Chain Finance (SCF) platform and solutions enable dramatic new working capital efficiencies for the benefit of buyers and their suppliers. PrimeRevenue achieves this through the delivery of secure, robust, industry-leading technology, a global community of the world’s most innovative financial institutions and partners, and flexible working capital solutions and advice. Companies are relying on SCF deployments powered by PrimeRevenue to increase profitability, remove risk from their supply chain, and forge stronger trading partner relationships. Headquartered in Atlanta, Georgia, PrimeRevenue has offices and customers throughout the world. For more information on PrimeRevenue, visit www.primerevenue.com.

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