BillMatrix Executive Joins Leadership of
NACHA’s Council for Electronic Billing and Payment

DALLAS, Texas – October 11, 2004 – BillMatrix Corporation, a provider of outsourced telephone and Internet-based payment services, today announced the selection of Jerry Portocalis for the Marketing/Education chair of the Steering Committee for NACHA’s Council for Electronic Billing and Payment (CEBP). Portocalis will be supporting the organization by developing compelling educational meeting sessions that cover the latest industry developments, practitioner case studies, analyst presentations, and technology applications. He will also ensure that members, other influential organizations, and the financial industry as a whole are aware of and support the mission of the council.

Portocalis has been an active participant with both the national NACHA organization and the CEBP. He presented a client case study at NACHA’s Payments 2004 conference in March and led a session of the business-to-consumer committee at CEBP’s spring meeting, providing information on electronic payments from the perspective of both the consumer and the biller. He has been a strong advocate of the organization, promoting the benefits of attendance and membership among biller companies across the utility, telecommunications, insurance, and consumer finance industries.

Portocalis has served as Senior Vice President of Sales and Marketing for BillMatrix since March 1999. He is currently responsible for all client-facing operations including sales, marketing, and client relations at this innovator in the electronic payments market. Prior to his tenure at BillMatrix, Portocalis gathered over 15 years experience in the electronic financial services industry, serving in senior marketing and sales management positions at Bank of America, Automatic Data Processing (ADP), and Ceridian. He holds an MBA with an emphasis in International Business from California State University.

The Council for Electronic Billing and Payment (CEBP) promotes electronic consumer and business-to-business billing and payment programs and services, providing an open forum for education, resource development, research and the exchange of information about the electronic billing and payment industry.

About BillMatrix Corporation
BillMatrix Corporation provides outsourced payment services for the nation’s largest companies using the latest automated consumer interface technologies. Founded in 1994 and headquartered in Dallas, BillMatrix works with corporations in the telecommunications, utility, insurance, mortgage and financial services industries to replace expensive, paper-based methods of remittance with a set of convenient, labor- and cost-saving electronic transactions. Consumers are able to make payments in a private and secure manner, via the Internet and telephone, using a variety of credit card, ATM/debit card, and electronic check payment options. BillMatrix maintains a fully staffed customer service organization to support both its clients and their consumers with any payment issues. For more information, visit www.BillMatrix.com or call (800) 596-0221.