Exhibit 99.1

          Ptek Holdings Closes $120 Million Credit Facility

    ATLANTA--(BUSINESS WIRE)--June 30, 2004--Ptek Holdings, Inc.
(NASDAQ: PTEK)(www.ptek.com), a leading provider of innovative
business, data and group communications services, today announced that
it has closed a three-year $120 million revolving line of credit with
a syndicate lead by Bank of America, N.A., exceeding the previously
announced $100 million commitment secured by the Company in May. The
new facility replaces Ptek's previous $60 million line and will be
available to retire the Company's remaining public debt, and for
working capital and expansion opportunities.
    "We are pleased to have closed this new facility at a level higher
than previously committed by Bank of America," said Boland T. Jones,
Founder, Chairman and CEO of Ptek Holdings, Inc. "The larger line
demonstrates strong confidence in our business model and gives us
increased flexibility to grow our business."

    About Ptek Holdings, Inc.

    Ptek Holdings, Inc. is a leading provider of innovative business,
data and group communications services for global enterprises.
Companies use our audio and data conferencing solutions to conduct
group meetings and presentations over the phone or Web. We also enable
our customers to process and deliver large quantities of
individualized, business critical information, such as electronic
statements and invoices, financial transaction and travel
confirmations, and drug prescriptions, via our global ASP platform.
Ptek serves companies in nearly every business sector, including
healthcare, technology, publishing, financial services, travel and
hospitality. Our services are marketed under the Premiere Conferencing
and Xpedite(R) brand names.
    Ptek Holdings' corporate headquarters is located at 3399 Peachtree
Road NE, Suite 700, Atlanta, GA 30326. Additional information can be
found at www.ptek.com.
    Statements made in this press release, other than those concerning
historical information, should be considered forward-looking and
subject to various risks and uncertainties. Such forward-looking
statements are made pursuant to the "safe harbor" provisions of the
Private Securities Litigation Reform Act of 1995 and are made based on
management's current expectations or beliefs as well as assumptions
made by, and information currently available to, management. A variety
of factors could cause actual results to differ materially from those
anticipated in Ptek's forward-looking statements, including the
following factors: our ability to respond to rapid technological
change, the development of alternatives to our products and services
and the risk of obsolescence of our products, services and technology;
market acceptance of new products and services; our ability to manage
our growth; costs or difficulties related to the integration of
businesses and technologies, if any, acquired or that may be acquired
by us may be greater than expected; expected cost savings from past or
future mergers and acquisitions may not be fully realized or realized
within the expected time frame; revenues following past or future
mergers and acquisitions may be lower than expected; operating costs
or customer loss and business disruption following past or future
mergers and acquisitions may be greater than expected; the success of
our strategic relationships, including the amount of business
generated and the viability of the strategic partners, may not meet
expectations; possible adverse results of pending or future litigation
or adverse results of current or future infringements claims; our
services may be interrupted due to failure of the platforms and
network infrastructure utilized in providing our services; competitive
pressures among communications services providers, including pricing
pressures, may increase significantly, particularly after the
emergence of MCI and Global Crossing from protection under Chapter 11
of the United States Bankruptcy Code; domestic and international
terrorist activity, war and political instability may adversely affect
the level of services utilized by our customers and the ability of
those customers to pay for services utilized; risks associated with
expansion of our international operations; general economic or
business conditions, internationally, nationally or in the local
jurisdiction in which we are doing business, may be less favorable
than expected; legislative or regulatory changes, such as the recent
Federal Communications Commission's revisions to the rules
interpreting the Telephone Consumer Protection Act of 1991, may
adversely affect the businesses in which we are engaged; changes in
the securities markets may negatively impact us; increased leverage in
the future may harm our financial condition and results of operations;
our dependence on our subsidiaries for cash flow may negatively affect
our business and our ability to pay amounts due under our
indebtedness; and other factors described from time to time in our
press releases, reports and other filings with the SEC. These and
other factors may cause our actual results to differ materially from
any of our forward-looking statements. All forward-looking statements
attributable to us or a person acting on our behalf are expressly
qualified in their entirety by this cautionary statement.

    CONTACT: Ptek Holdings, Inc., Atlanta
             Investor Calls
             Sean O'Brien, 404-262-8462