Premiere Conferencing Launches New Audio Streaming Service Soundcast

Business Wire, Dec 6, 2000

Business Editors

TeleConWest 2000

ANAHEIM, Calif.--(BUSINESS WIRE)--Dec. 6, 2000

Ptek Unit Continues to Broaden its Web-Based Service Offerings

Premiere Conferencing, an industry leader for enhanced and automated conferencing solutions and a business unit of Ptek Holdings, Inc. (NASDAQ: PTEK)(www.ptek.com), today introduced SoundCast(SM), a new audio streaming service that enables companies to have their conference calls heard via the Internet simultaneously with their teleconference.

Premiere Conferencing will launch SoundCast at TeleConWest 2000 in Anaheim, California, booth number 273.

"SoundCast is a perfect example of our strategy to use technology to provide our customers with more effective ways to communicate," said Ted Schrafft, President of Premiere Conferencing. "SoundCast strengthens our suite of Web-based communications service offerings by enabling our customers to give their users Web access to live conference calls, providing real-time, listen-only access to the same information as conference call participants."

SoundCast will be targeted to Premiere Conferencing's Fortune 500 client base to broadcast company updates or breaking news, increase participation on employee conference calls and to reach new targets with product release announcements. The service will also be an effective tool for Premiere Conferencing's investor relations clients to minimize selective disclosure concerns giving every investor, analyst and shareholder equal access to company news.

In addition, SoundCast enables companies to:

      --  customize the SoundCast Web site to include the company's
        logo, title and description of the event, hyperlink to the
        company's site or to any other site, as well as an e-mail link
        for participants' comments and questions.

      --  increase the size of a conference audience while restricting
        verbal questions and answers to only conference call
        participants.

      --  replay the conference call event for 30 days.

      --  allow participants to listen to the conference event through
        two audio streaming players, Windows Media Player or Real
        Audio G2.

About Premiere Conferencing

Premiere Conferencing (www.premconf.com), a business unit of Ptek Holdings, Inc. is a leading provider of conference call and group communications services. Premiere Conferencing has headquarters and operations centers in Lenexa, Kan. and Colorado Springs, Colo. With a client base of more than 34,000 domestic and international clients, the company works with organizations in various industries including technology, pharmaceutical, investor relations, financial, public relations and market research. The company's client base includes IBM Corporation, HCA The Healthcare Company, Novell, SGI, Hewlett-Packard, Merck, Charles Schwab & Co., Merrill Lynch, PaineWebber, NCAA and the National Institutes of Health.

About Ptek Holdings, Inc.

Ptek Holdings, Inc. (NASDAQ: PTEK) is a network of leading Internet and business-to-business service providers. Ptek's business units include Xpedite, Voicecom and Premiere Conferencing. The Company's PtekVentures investment unit has ownership interests in Healtheon/WebMD (NASDAQ: HLTH), S1 Corporation (NASDAQ: SONE), WebEx (NASDAQ: WEBEX), USA.NET, Webforia, Derivion, i2Go, BuyTrek, ScienceWise.com, Ntown, PlanetJam Media Group, clickandmove.com and epipeline. Ptek leverages the technologies, management expertise, market channels and capital of its network to drive growth and promote market leadership throughout its operating and network companies. 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.

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: PTEK's ability to manage its growth and to respond to rapid technological change, the development of alternatives to PTEK's products and services and risk of obsolescence of its products, services and technology; new products and services must gain acceptance in the marketplace; PTEK's 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 PTEK's strategic equity investments fluctuates; PTEK's strategic investments in companies that are subject to Securities Exchange Act of 1934 reporting requirements are subject to the risks disclosed by those companies in their public filings; PTEK may incur significant costs and 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 develop effective marketing, pricing and distribution strategies for new products and services; competitive pressures among communications services providers, including pricing pressures, may increase significantly; 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; 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; PTEK may experience adverse results of pending or future litigation or adverse results of current or future infringement claims; failure of the platforms and network infrastructure utilized in providing its services could cause an interruption in PTEK's services due to the; 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.