ASAP Enjoys First Week of Trading on Frankfurt Stock Exchange; Dual Listing Granted to E-Commerce Transaction Solution Leader.

Business Editors & High-Tech Writers

IRVINE, Calif.--(BUSINESS WIRE)--June 30, 2000

Accesspoint Corporation (OTCBB:ASAP), a leading developer and manufacturer of e-commerce transaction solutions, announced today that the company's application has been approved for trading on the Frankfurt Stock Exchange (FWB) of Germany, effective June 26th. Trading of the company's securities on the FWB will commence under the WKN Registration Number of 931266. Accesspoint's new trading symbol on the exchange is AU5.GR and its listing ISIN referencing number is US00432T1043. Quotes for the Frankfurt Stock Exchange can be accessed through the URL: http://www.exchange.de/INTERNET/EXCHANGE/index_e.htm

The Frankfurt Stock Exchange is the largest stock exchange in Germany and one of the largest in the world. With over 16,000 listed companies, the majority of which are foreign, the Frankfurt Stock Exchange Third Market Segment lists such companies as AT&T (NYSE:T), Boeing (NYSE:BA) & Eastman Kodak (NYSE:EK).

"We have already begun trading in Frankfurt and we are working to start making a name for ourselves on the German exchange while we plan our expansion in Europe with new business relationships," says Tom Djokovich, CEO of Accesspoint. "We've worked hard to achieve this goal which now opens up the trading of our stock to investors on one of the world's most active and well-respected stock exchanges. With our stock now readily available to millions of European investors we are anticipating increased market support, which would benefit all of our shareholders."

Accesspoint is also reviewing plans for a coordinated road show in Germany in the near future to support its dual listing. Among the many business development benefits that may be associated with such a road show would be Accesspoint's ability to introduce itself to influential banks, high wealth investors, broker/dealers, fund managers and market makers that could potentially throw their support behind the company. The complete details for the road show have not yet been worked out.

The company hopes to expand its operations throughout Europe, building the same types of strategic business relationships oversees that have allowed Accesspoint to build a foundation for success in the U.S. "In the states we have been working with acquiring banks, credit information networks, multiple transaction clearing platforms, telecommunication and utility providers, and, both local municipal and state agencies to help 'Customerize' their services with the aid of Accesspoint's digital commerce services. "Our goal is to eventually develop the first functional global network for digital commerce," adds Djokovich.

About Accesspoint Corporation

Accesspoint (www.accesspoint.com) provides a state-of-the-art network for secure e-commerce transactions to thousands of merchants worldwide. The company supports this infrastructure with its own dynamic database driven e-commerce solution. This state-of-the-art solution includes a premier transaction engine, one of the only certified Level-III business-to-business purchase networks, and a full compliment of e-commerce services which enable its customers to implement profitable online business strategies without having to support all of the in-house technologies and framework that are normally required.

In addition to its existing base of online merchants, Accesspoint's corporate roster of strategic partners includes Equifax (NYSE:EFX), NOVA (NYSE:NIS), First National Bank of Omaha and National Data Corporation (NYSE:NDC).

Safe Harbor Statement under the Private Securities Litigation Reform Act of 1995: This news release contains forward-looking information within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended, including statements that include the words "believes," "expects," "anticipates" or similar expressions. Such forward-looking statements involve known and unknown risks, uncertainties and other factors that may cause the actual results, performance or achievements of Accesspoint Corporation (the Company) to differ materially from those expressed or implied by such forward-looking statements. (Such factors include, among others, the risk factors contained in the company's Annual Reports and other filings with the Securities and Exchange Commission.) In addition, description of anyone's past success, either financial or strategic, is no guarantee of future success. The Company will remain dependent upon future financing for its growth and development, and for it to successfully implement its business plan. No statement contained herein should be construed as indicating that such financing is or will be available, and if available, will be on terms favorable to the Company. This news release speaks as of the date first set forth above and the Company assumes no responsibility to update the information included herein for events occurring after the date hereof. Merger Communications (Merger) is a media relations firm employed by the Company. Merger and the Company believe that all information in this release has been obtained from sources considered reliable, but cannot guarantee that the statements presented herein are accurate or complete. Merger, its officers, directors and employees own thirteen thousand eight hundred sixty seven shares of the Company's common stock. According to the long-term agreement between Merger and the Company, Merger's compensation for its financial media relations services, which includes the preparation and distribution of press releases, consists of sixty eight thousand dollars in cash and twenty one thousand eight hundred fifty nine shares of the Company's restricted stock for the 1-year period ending 1/20/01. Merger typically has a long position in the securities of the companies in which it publishes information, and Merger may be buying or selling securities in the course of its regular business. For more information on Merger's services, visit www.mergerusa.com.