Orbian Corp. Achieves Record Growth Exceeding $3.0 Billion in Transactions

NORWALK, Conn., March 29 -- Orbian Corp., a supply-chain finance company offering cost-effective receivables finance utilizing market-leading technology, today announced that it has achieved record growth marked by exceeding $3.0 billion in transactions processed on the Orbian System.

In the first quarter 2005, Orbian recorded a 52 percent increase in transaction volume over the same period in 2004 and unprecedented new business wins adding six new companies to its already notable roster of Fortune 1000 and Global 2000 Orbian System users.

"Orbian continues to demonstrate its strong leadership position in the supply-chain financing space," said Kenneth Roche, chief executive officer, Orbian Corp. "Our significantly increased transaction volume and continued quarter over quarter user growth, underscores our commitment to revolutionizing supply-chain finance while enabling buyers and suppliers to trade on better terms."

The Orbian System is Orbian's proprietary network providing electronic payables presentment and payment (EPPP) services along with cost-effective receivables finance.

About Orbian Corporation

Orbian Corp., a supply-chain finance company providing financial solutions to corporations worldwide, helps buyers and suppliers operate more profitably by providing electronic payables presentment and payment services, and by offering cost-effective receivables finance. Utilizing the latest technology, Orbian provides a collaborative approach to supply-chain finance and the settlement of commercial trade obligations.

The Orbian System is Orbian's proprietary network providing electronic payables presentment and payment services. The Orbian System enables buyers of goods and services to present approved payables -- including Electronic Data Interchange (EDI) remittance information -- to their supply-chain at the point of payment approval, and to disburse the approved payment amount on the due date. The Orbian System allows suppliers to receive notification of the receivables that have been approved for payment by the buyer and to factor those receivables at low cost.

Originally launched in 1999 by Citibank and SAP, Orbian Corp. is a privately held company.

   Media Contact:
   Sandra Kelder
   Orbian Corp.
   (203) 852-3903