PBIZ Private Business (MM)

Private Business, Inc. (NASDAQ: PBIZ), a leading provider of financial technology to community banks and middle-market businesses, today announced that it has signed a joint marketing agreement with Profit Technologies Corporation ("PTC"), which provides a broad range of profitability and performance improvement solutions that focus on enhancing revenue and reducing expenses for financial institutions. Under the agreement, PBiz and PTC will work together to refer financial institution clients to each other. Henry Baroco, Chief Executive Officer of PBiz, said, "We believe that our financial institution clients can greatly benefit from PTC's revenue enhancement strategies, and the referral of potential financial institution clients from PTC will help our product distribution. This is expected to be a good opportunity for us to enhance our relationships with existing customers and to attract new business." "Working with our banking clients to improve their profitability creates a very close bond," added Cliff McKee, Vice Chairman of PTC. "So our clients often come to us for additional advice. We're delighted to add PBiz's services to those we can recommend with the confidence of knowing they will make a strong impact for our clients." About Profit Technologies Corporation Profit Technologies Corporation (PTC), established in 1973, is an international earnings enhancement firm providing specialized profitability and performance improvement solutions to enterprises worldwide. PTC conducts Revenue Enhancement and Cost Management reviews that enhance earnings for PTC's Clients and their shareholders, typically on a benefit-sharing, risk-free basis. Headquartered in North Carolina, PTC also maintains offices throughout the United States, Europe, Australia, and South America. In PTC's 30-year history, PTC has successfully performed hundreds of consulting engagements around the world, producing over $12 billion in revenue, cost recovery and cost reduction benefits for PTC's Clients. For more information, visit the company's Web site at www.profit-tech.com or call (866) 261-6226. About PBiz Private Business, Inc. (PBiz) is a leading supplier of financial technology to community banks and middle-market businesses. The Company is headquartered in Brentwood, Tennessee, and its common stock trades on The Nasdaq Stock Market under the symbol PBIZ. Certain statements made in this press release may constitute forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. Such forward-looking statements are based on management's current expectations and include known and unknown risks, uncertainties and other factors, many of which the company is unable to predict or control, that may cause the company's actual results or performance to materially differ from any future results or performance expressed or implied by such forward-looking statements. These statements involve risks and uncertainties, including, without limitation, risks and uncertainties associated with the company's ability to achieve its growth plans and to identify or complete acquisitions. These risks and uncertainties are in addition to other factors detailed from time to time in the company's filings with the Securities and Exchange Commission. The company cautions investors that any forward-looking statements made by the company are not necessarily indicative of future performance. The company is not responsible for updating the information contained in this press release beyond the published date, or for changes made to this document by wire services or Internet services. Additional information on this Company can be found on the World Wide Web http://www.pbizinc.com.