Press Release

For Release June 30, 2008

Team PaySimple Raises $35,000 to Fight Multiple Sclerosis

DENVER, CO, June 30, 2008– PaySimple, the leading provider of on-demand electronic payment solutions for small businesses, is proud to announce that Team PaySimple Prime Movers, who rode in the 23rd Annual Great-West Life Bike MS, Colorado's Ride 2008, raised over $35,000 to fight multiple sclerosis. An estimated 3,000 cyclists rode to raise the new goal of $2.9 million. The ride encompassed 150 miles over two days, starting June 28, 2008. Cyclists rode 75 miles from Front Range Community College in Westminster, Colorado to Ft. Collins, Colorado and returned to the college the following day.

With 82 cents of every dollar raised going to the cause, the Bike MS tour is an efficient and fun way to raise money for the National Multiple Sclerosis Society. The event not only generates needed funds for society programs and creates awareness for the cause, but it also inspires and gives hope to the 400,000 Americans living with MS every day.

“We see every day what the collective energy of a team can accomplish.  It’s the number one factor of success in any business,” said Jeff Gardner, President of PaySimple.  “That’s why we’re committed to not only making the lives of small business owners easier but to giving back as well, wherever we can."

Team PaySimple Prime Movers has 48 riders including PaySimple employees, friends, and family.

The PaySimple Solution is an on-demand Software as a Service (SaaS) platform that enables small businesses to bill, collect, and manage their customer payments under one user-friendly system. The PaySimple Solution includes recurring billing, email invoicing, web/telephone payments, ACH direct-debit, EFTs and ACH disbursements, credit card processing, echeck processing, check conversion, and business software/shopping cart integration.  Best of all, small businesses do not need any technology experience to use or customize the system. PaySimple designed a solution with the small business needs and budget in mind.

About PaySimple:  PaySimple creates platforms that simplify and empower the lives of small business owners.  PaySimple provides an on-demand Software as a Service (SaaS) platform that enables small businesses to bill, collect, and manage their customer payments under one user-friendly system.  The PaySimple solution includes:  recurring billing, email invoicing, ACH direct-debit, credit card processing, e-check processing, EFT, online payments, and more.  For more information please go to www.paysimple.com.

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