Crown Media Holdings Selects eRequester 3.1 by Paperless Business Systems, Inc. to Assist with Sarbanes-Oxley Financial Compliance.

Business Editors/High-Tech Writers

SEATTLE--(BUSINESS WIRE)--Dec. 8, 2003

Paperless Business Systems:

-- Paperless Business Systems launches eRequester(R) 3.1, a

Web-based purchase requisition and supply chain management

tool that facilitates corporate accountability and compliance

with the financial reporting requirements of the Federal

Sarbanes-Oxley Act of 2002.

-- Single solution is customizable, integrates with existing

multiple systems to help control spending and allows

purchasing managers to track each requisition and PO from

initial creation to receipt.

Paperless Business Systems, Inc., an enterprise software developer and business systems consulting firm, today announced that Crown Media Holdings, Inc. (Nasdaq:CRWN), which owns and operates the Hallmark Channel, has selected eRequester(R) 3.1 to facilitate Crown's compliance with the Federal Sarbanes-Oxley Act of 2002. Launched today, eRequester 3.1 is a Web-based purchase requisition solution designed to streamline the purchase and approval process, provide definable controls over spending, and facilitate corporate accountability in connection with the financial reporting requirements of the Federal Sarbanes-Oxley Act of 2002.

"Crown Media Holdings chose eRequester 3.1 because it easily integrates with multiple, existing internal systems and processes, facilitating Crown's global financial accountability path and our proactive approach to Sarbanes-Oxley compliance," said Crown Media Holdings Senior Vice President of Finance and Information Technology Mark Thompson. "Crown has offices and systems in cities around the globe. eRequester replaces multiple order systems with its single, flexible solution that provides a clear approval process and hierarchy, and facilitates Crown's ability to meet Sarbanes-Oxley requirements."

Under Sections 302 and 404 of Sarbanes-Oxley Act of 2002, public companies must now verify the effectiveness of their 'internal controls' for financial reporting purposes. The deadline for compliance is June 15, 2004. In the past, CEOs could defer financial reporting responsibility to their staff. Sarbanes-Oxley places the responsibility and accountability for all financial statements with both the CEO and CFO.

"eRequester 3.1 features new functionality and enhancements that increase the value of the product as an internal expense control solution and facilitates corporate compliance with Sarbanes-Oxley's financial reporting requirements," said Paperless Business Systems CEO Randy L. Pape. "Paperless is honored to join and assist Crown Media Holdings on its path to Sarbanes-Oxley compliance, particularly as the company embraces the complex task of assuring seamless integration of systems across its multiple offices around the globe."

eRequester 3.1 Product Benefits and Features:

eRequester 3.1 is a natural fit for public corporations concerned with meeting the financial reporting requirements associated with Sections 302 and 404 of Sarbanes-Oxley. eRequester 3.1 is a comprehensive Web-based, e-procurement solution that eliminates the bottlenecks, unregulated spending, and time-consuming paper trails associated with typical purchasing processes. eRequester 3.1 streamlines purchasing management by providing a clear requisition and approval process that:

-- helps control spending and allows purchasing managers to track

each requisition from initial creation to receipt

-- helps companies meet accelerated filing deadlines by ensuring

that financial transactions are properly authorized and

recorded, and that assets are adequately safeguarded

-- allows management to establish, evaluate, maintain and report

on defined internal purchasing controls

Key features of eRequester 3.1 include:

-- a definable approval hierarchy for purchase requests that can

be reviewed and audited

-- purchase justifications for every requisition

-- ability to require additional information or changes as

conditions to approval of purchase requests with all the

relevant information and changes captured in the database

-- preemptive control over purchasing, ensuring that purchases

are approved before expenditures are made

-- access to authorized vendors is controlled by eRequester, new

vendors are subject to management approval per the "Add

Vendor" approval process

-- configurable routing allows non-budgeted and/or capital

expenditure requests to be routed for approval differently

than budgeted and/or non-capital expenditures

eRequester integrates with a wide variety of accounting systems, including but not limited to Best Software's Platinum for Windows, MAS 90, MAS 200 and MAS 500; and Microsoft(R) Business Solutions Great Plains(R) and Solomon(R) products. Equally, eRequester can integrate with any ODBC compliant system or serve as a standalone application.

For more information about how eRequester 3.1 can help your company comply with the Sarbanes-Oxley Act of 2002 or streamline your purchasing process, call toll free 877-727-9528, email [e-mail] or visit Paperless Business Systems on the Web at www.paperlessbusiness.com.

About Crown Media Holdings

Crown Media Holdings, Inc. (Nasdaq:CRWN) owns and operates cable television channels dedicated to high quality, broad appeal, entertainment programming. Crown Media currently operates and distributes the Hallmark Channel in the U.S. and more than 120 countries. The combined channels reach over 110 million subscribers globally. Significant investors in Crown Media Holdings include: Hallmark Entertainment Investments Co.; Hallmark Entertainment Holdings, Inc., a subsidiary of Hallmark Cards, Incorporated, Liberty Media Corp., and J.P. Morgan Partners (BHCA), LP, each through their investments in Hallmark Entertainment Investments Co.; VISN Management Corp., a for-profit subsidiary of the National Interfaith Cable Coalition; and Hughes Electronics Corporation.

About Paperless Business Systems, Inc.

Incorporated in 1997, Paperless Business Systems (www.paperlessbusiness.com) is an enterprise software developer and business systems consulting firm. The company's flagship product, eRequester(R), is a Web-based purchase requisition system developed to facilitate corporate accountability and help companies comply with the Federal Sarbanes-Oxley Act of 2002. eRequester is a single customizable solution that integrates with existing multiple systems to help control spending and allows purchasing managers to quickly and efficiently track each requisition and PO from initial creation to receipt. Clients of Paperless Business Systems include business thought leaders Crown Media Holdings, Microsoft Corporation, DFS Spiegel, Direct Energy,Remington Administration Services, Inc., Cranium, Inc., and many others. Headquartered in Seattle, Wash., and led by founder and CEO Randy L. Pape, Paperless is a value-added reseller and licensed consultant for several business software vendors and parent company to elephants & ants (www.elephantsandants.com), a Web-design, interface, brand marketing, content and development company.

eRequester is a trademark of Paperless Business Systems Inc. Other marks belong to their respective owners.