BillingTree forecasts over 20 percent growth in 2011

Company celebrates 8th anniversary in March anticipating continued growth driven by dramatic rise in mobile payments and expansion into new markets

Phoenix, Ariz. – March 2, 2011 – BillingTree, Inc, one of the nation’s leading on-demand payment processors, today announced company growth of 33 percent during 2010. In January and February 2011, BillingTree closed two consecutive record months and is confident in forecasting over 20 percent growth for 2011.

In 2010, BillingTree significantly added to its suite of solutions and grew presence in two key markets, Healthcare and Utilities. Additionally, the company won substantial orders in these markets and in 2011 has added Insurance to its list of markets served. In Q1, BillingTree launched a new generation ofmobile payment solutions which it is rolling out across all industry segments during 2011, significantly driving its strong growth forecasts.

"A recent report from the AITE Group forecasts the number of bills paid with a mobile device is set to grow by 377 percent over the next three years," commented Scott McCollum, BillingTree’s president. "BillingTree is set to take advantage of this with our mobile payments suite of solutions, and penetration into the new and rapidly growing markets of Healthcare, Utilities and Insurance."

During 2010 BillingTree increased its staff headcount by 25 percent and added to its executive leadership team. The company has now established a 1,600 strong base of customers, along with the formation of 63 strategic alliances and its new ISO program, which has already led to considerable opportunities in new verticals.

In 2010 BillingTree added key technology developments to its payments processing portfolio to drive its growth, including Pre-funded accounts, PaynCash(TM) and Debit Cards Only(TM). In 2011 it has already added a new mobile payments suite, which includes billing and paying by text. Additionally, in 2010 the company continued to abide by PCI Compliance guidelines and will maintain PCI Certification for 2011.

2010 saw BillingTree host its first user conference attended by customers and partners, and continue with its charity work by raising $100,000 for two charities, JDRF^_® and ChildHelp^_®, through the hugely successful Rock Block concert.

BillingTree supplies the leading fully integrated, multi-channel electronic payment platform to a growing list of Industries, including Insurance, Utilities, such as energy, cable, municipal, and phone, as well as Healthcare and Subscription-billed services. Benefits of electronic payment solutions include an accelerated availability of consumer funds, reduced costs associated with manual-payment processing, improved cash management, and integrated processing by managing all payments, returns, and corrections through a single portal.

BillingTree Featuring Debit Cards Only and PaynCash at 2011 DBA Conference

City of Casa Grande Increases Animal Adoptions with BillingTree's OnlineBill Payment Solution

BillingTree's Rock Block raises $95,000 for charities as 2,000 pack Pearce Warehouse to hear top Rock Bands

BillingTree to Announce Innovative Stored-Value Solution "Prefund" Alongside Latest Product Offerings at Conference 2010

BillingTree's Growth Continues and Leadership Team Expands to Include Frank Helstab, Director of Corporate Development

BillingTree Introduces Non-Sufficient Funds Management Solution 'Check Collect' to Utilities & Healthcare Organizations

MoneyGram International to Offer 'PaynCash' Cash Payment Solution for BillingTree

BillingTree Appoints Randy Phelps COO After Experiencing Strong Growth in First Half of 2010

BillingTree Expands Agentless Online Debt Negotiation and Settlement Solution 'Collect'

BillingTree Launches Utility Service Provider Suite of Bill Presentment and Payment Solutions

_{About BillingTree
The proven leader in on-demand payment processing, BillingTree empowers customers with competitive advantage through a simplification of the billing and receivables process. By delivering the most innovative technology while making it as easy and inexpensive as possible to accept payments, BillingTree has revolutionized the payments landscape. Our software-as-a-service (SaaS) model delivers industry-leading payment solutions, proven integration, and point-and-click simplicity. BillingTree’s focus on innovation has allowed us to help more than 1,600 customers eliminate manual processes and automate their payment cycles. BillingTree – Growth is our Business. For more information, visit www.mybillingtree.com or call 877.4.BILLTREE.}

_{All trademarks are the property of their respective owners.}

_{Contact:
Dave Yohe
Corporate Marketing
BillingTree
Tel: 602.443.5948
dave@mybillingtree.com}

_{Claire Russell
PR for BillingTree
Tel: 561.228.1940
crussell@iba-international.com}

Issuers of news releases, not Targetwire, are solely responsible for the accuracy of the content.

Take Advantage of these Great Features!

BillingTree forecasts over 20 percent growth in 2011