Accesspoint Announces New Check Services.

Business Editors

LOS ANGELES--(BUSINESS WIRE)--Feb. 26, 2003

Accesspoint Corporation (OTCBB:ASAP) announced today that its subsidiary, Processing Source International ("PSI"), has diversified its services to provide enhanced support to its Merchants and Sales Agents.

Through the assistance of its management company, Merchants Billing Services, PSI's services are being extended to include Check products including verification, electronic conversion, guarantee, and collection. The Company also expects to provide Merchants and Agents with Loyalty and ATM/Debit Card services this Spring. Additionally, the Company will be offering its merchants a new version of its payment processing software, which now incorporates a card swipe capability.

"We recognize the increasing demand for credit card payment alternatives and we want to be able to assist our merchants and agents to meet those needs in the marketplace," said William R. Barber, CEO of ASAP. "With over 7000 Merchants and a growing Agent base, we believe that our established audience has and will continue to ensure the delivery of cost-competitive services."

Forward-Looking Statements

This press release contains certain forward-looking statements 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, which are intended to be covered by the safe harbors created thereby. Investors are cautioned that certain statements in this release are "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995 and involve known and unknown risks, uncertainties and other factors. Such uncertainties and risks include, among others, certain risks associated with the operation of the company described above. The Company's actual results could differ materially from expected results.