Alliance Capital Selects Xpedite to Deliver Mutual Fund Account Information Worldwide.

Business Editors

EATONTOWN, N.J.--(BUSINESS WIRE)--Sept. 5, 2001

Xpedite's Transactional Message Services to Distribute

Customer-Specific Data for Alliance

Xpedite, a global leader in multimedia messaging and a business unit of Ptek Holdings, Inc. (NASDAQ: PTEK)(www.ptek.com), today announced that Alliance Capital, a mutual fund management firm overseeing more than $400 billion in assets, is using its transactional messaging service for international delivery of daily mutual fund Net Asset Values (NAV), for more than 150 individual funds and portfolios.

Xpedite's transactional messaging service enables Alliance Capital to deliver variable customer-specific data to electronic addresses including e-mail and fax worldwide. Xpedite developed a customized File Transfer Protocol (FTP) application that allows for the exchange of large amounts of data between the two companies.

"Xpedite enables us to deliver timely information to our clients at both e-mail and fax addresses, ensuring our investors are getting the information they need in the format they prefer," said Danielle Pagano, Vice President in the non-US Mutual Fund Department for Alliance Capital. "Outsourcing the fund information management delivery process to Xpedite provides our sales force with more time to engage in marketing activities."

"We're proud to work with companies like Alliance Capital to help them better manage their customer communications," said Max Slifer, President of Xpedite. "We've seen increasing demand for our transactional messaging services in the financial industry for applications such as stock trade confirmations and account statements. We've been successful in providing these types of transactional services for fax applications and we anticipate an even greater market opportunity as we introduce these value-added e-mail services to our customers."

About Alliance Capital

Alliance Capital Management L.P. (www.alliancecapital.com)(NYSE: AC) is a leading global investment management firm founded in 1962 as the investment management subsidiary of the research boutique Donaldson, Lufkin & Jenrette. In 1985 Alliance Capital was acquired by The Equitable (now called AXA Financial). In 1988, Alliance Capital went public as a master limited partnership and today is a private partnership that is an affiliate of AXA Financial.

About Xpedite

Xpedite (www.xpedite.com) is a global leader in multimedia messaging and a business unit of Ptek Holdings, Inc. (NASDAQ: PTEK). Xpedite offers a full range of value-added multimedia messaging services worldwide that manage and facilitate the electronic distribution of information to all types of electronic addresses including fax, e-mail, wireless and voice. Xpedite processed approximately 1.6 billion messages in 2000, and was named by IDC as the worldwide leader in fax-based messaging. The company's messageREACH(SM) (www.messagereach.com) service offers the most robust outsourced e-mail applications available, providing control, tracking, security, personalization and automated administration for high volume e-mail distribution. Xpedite's diverse client base includes almost half of the Fortune 500 companies, including such industry leaders as Boeing, Bank One, Marriott, Merck, Xerox and Chase Manhattan. Xpedite has sales offices in 30 locations throughout the United States and 25 international offices, including Tokyo, London, Sydney, Seoul, Singapore, Brussels, Munich, Paris, Milan, Hong Kong, Taipei, Geneva, Zurich and Kuala Lumpur.

About Ptek Holdings, Inc.

Ptek Holdings, Inc. (NASDAQ: PTEK) is a leading provider of communications and data services, including conference calling and Web-based collaboration; high-volume fax, e-mail and voice message delivery; and personal communications management systems that handle voice mail, e-mail and personal content. Ptek's business units include Premiere Conferencing, Xpedite and Voicecom.

Ptek Holdings corporate headquarters is located at 3399 Peachtree Road NE, The Lenox Building, Atlanta, GA 30326. Additional information can be found at www.ptek.com.

Editor's Note: For investor relations inquiries, please contact Eric Martin, [phone] or [e-mail].

Statements made in this press release, other than those concerning historical information, should be considered forward-looking and subject to various risks and uncertainties. Such forward-looking statements are made pursuant to the `safe harbor' provisions of the Private Securities Litigation Reform Act of 1995 and are made based on management's current expectations or beliefs as well as assumptions made by, and information currently available to, management. A variety of factors could cause actual results to differ materially from those anticipated in Ptek's forward-looking statements, including the following factors: competitive pressures among communications and data services providers, including pricing pressures, may increase significantly; Ptek's ability to respond to rapid technological change, the development of alternatives to its products and services and the risk of obsolescence of its products, services and technology; market acceptance of new products and services; development of effective marketing, pricing and distribution strategies for new products and services; strategic investments in early stage companies, which have limited operating histories and are subject to significant risks, may not be successful and returns on such strategic investments, if any, may not match historical levels; the value of Ptek's business may fluctuate because the value of some of its strategic equity investments fluctuates; Ptek's strategic investments in companies that are subject to the Securities Exchange Act of 1934 are subject to the risks disclosed by those companies in their public filings; Ptek may incur significant costs and may be forced to make disadvantageous business decisions to avoid investment company status, and Ptek may suffer adverse consequences if it is deemed to be an investment company; Ptek's ability to manage its growth; costs or difficulties related to the integration of businesses and technologies, if any, acquired or that may be acquired by Ptek may be greater than expected; expected cost savings from past or future mergers and acquisitions, may not be fully realized or realized within the expected time frame; revenues following past or future mergers and acquisitions may be lower than expected; operating costs or customer loss and business disruption following past or future mergers and acquisitions may be greater than expected; Ptek may not realize the full extent of the cost savings expected from announced workforce reductions; the success of Ptek's strategic and other distribution relationships, including the amount of business generated and the viability of the strategic relationships, may not meet expectations; possible adverse results of pending or future litigation or adverse results of current or future infringement claims; risks associated with interruption in Ptek's services due to the failure of the platforms and network infrastructure utilized in providing its services; risks associated with expansion of Ptek's international operations; general economic or business conditions, internationally, nationally or in the local jurisdiction in which Ptek is doing business, may be less favorable than expected; legislative or regulatory changes may adversely affect the business in which Ptek is engaged; and changes in the securities markets may negatively impact Ptek.

For a detailed discussion of these and other cautionary statements and factors that could cause actual results to differ from the Company's forward-looking statements, please refer to the Company's filings with the Securities and Exchange Commission, especially in the "Factors Affecting Future Performance" included in the Management's Discussion and Analysis section of the Company's Form 10-K for the fiscal year ended December 31, 2000 and in subsequent filings filed with the Securities and Exchange Commission.