Associated Banc-Corp Licenses InteliData's Suite of Internet Banking and Payment Software; Company to Also Provide Outsourced Billpay Routing Services.

Business Editors/High-Tech Writers

RESTON, Va.--(BUSINESS WIRE)--Feb. 9, 2004

InteliData Technologies Corp. (Nasdaq:INTD), a leading provider of electronic bill payment and presentment technologies, today announced that Associated Banc-Corp, a $15.2 billion multi-bank holding company with over 200 banking locations in Wisconsin, Illinois and Minnesota, has licensed InteliData's suite of Internet banking and payment products. In addition, InteliData will provide Associated with bill payment routing services on an outsourced basis. Associated had previously outsourced all of its Internet banking and billpay services to InteliData.

"We have had a strong relationship with InteliData over the last three years and we are pleased with the commitment InteliData has made to our customers' online experience. Enhancements to the online platform such as check imaging and the flexibility of the InteliData payment engine have really driven online adoption," said Leonard Rowe, Senior Vice President and Director of eBusiness at Associated Bank. "As more of our customers actively use online banking, the flexibility we get from licensing the InteliData suite of products made sense, as did taking advantage of InteliData's expertise in payment routing."

The Interpose(R) suite of Online Banking and Payment Solutions, in use at four of the top 20 banks in the U.S., provides financial institutions with a comprehensive and highly scalable application that allows consumers to access account information and make payments via the Internet, Microsoft Money(R), and Intuit Quicken(R). The product suite includes InteliData's industry leading Payment Warehouse, which gives banks total control over bill payment processing, and provides the only proven least cost routing capabilities in the market.

"We are pleased to be extending our relationship with Associated Bank," according to Alfred S. Dominick, Jr., Chairman and CEO of InteliData. "Their decision to establish more control over the Internet banking delivery channel and over the routing of electronic bill payments is consistent with the strategy that we see leading financial institutions adopting."

While this in-house migration will result in a reduction in certain Application Service Provider recurring revenue sources for InteliData going forward, the Company received license fees and will continue to realize annual maintenance revenues for the software license, as well as continuing transaction fees associated with electronic payment matching and least-cost routing services from the bank.

About Associated Bank

Associated Banc-Corp is a diversified multi-bank holding company with $15.2 billion in total assets. Headquartered in Green Bay, Wisconsin, Associated has more than 200 banking locations across Wisconsin, Illinois and Minnesota. For more information about Associated Banc-Corp visit www.associatedbank.com.

About InteliData

With over a decade of experience in the industry, InteliData provides Internet banking and Electronic Bill Payment and Presentment (EBPP) technology and services to leading banks, credit unions, brokerage firms, financial institution processors and credit card issuers. The Company develops and markets software products that offer proven scalability, flexibility and security in supplying real-time, Internet-based services to their customers. The Company also serves as an application service provider by providing Internet hosting and service bureau solutions. Visit the company's Web site at www.intelidata.com.

"Safe Harbor" statement under the Private Securities Litigation Reform Act of 1995:

This release contains forward looking statements that are subject to risks and uncertainties, including, but not limited to, our ability to continue funding operating losses, our ability to manage our expenses in line with anticipated business levels, the ability of the Company to complete product implementations in required time frames and the Company's ability to increase its recurring revenues and profits through its ASP business model, the impact of competitive products, pricing pressure, product demand and market acceptance risks, pace of consumer acceptance of home banking and reliance on the Company's bank clients to increase usage of Internet banking by their customers, the effect of general economic conditions on the financial services industry, mergers and acquisitions, risk of integration of the Company's technology by large software companies, the ability of financial institution customers to implement applications in the anticipated time frames or with the anticipated features, functionality or benefits, reliance on key strategic alliances and newly emerging technologies, the ability of the Company to leverage its third party relationships into new business opportunities in the EBPP market, the on-going viability of the mainframe marketplace and demand for traditional mainframe products, the ability to attract and retain key employees, the availability of cash for long-term growth, product obsolescence, ability to reduce product costs, fluctuations in operating results, delays in development of highly complex products and other risks detailed from time to time in InteliData filings with the Securities and Exchange Commission. These risks could cause the Company's actual results to differ materially from those expressed in any forward looking statements made by, or on behalf of, InteliData. InteliData is not under any obligation (and expressly disclaims an obligation to) update or alter its forward-looking statements, whether as a result of new information or otherwise.