FOR IMMEDIATE RELEASE

January 1, 2001

Contact:
Dennis M. Hall
Payment Service Network, Inc
877-390-7368
info@paymentservicenetwork.com

Payment Service Network, Inc. (PSN) forms alliance with The Self-Storage Association To Provide Online Payment Services.

Madison, WI, January 12, 2001 – Payment Service Network, Inc. (PSN), the leading online provider of payment processing, and the Self-Storage Association (SSA), the only national and international non-profit association working solely for the owners, operators and suppliers in the self-storage industry have forged a partnership to provide mutually beneficial services bringing online payment processing to SSA members while allowing greater market penetration to PSN. PSN will offer its payment services to the SSA and its members allowing greater payment flexibility. The SSA will help market PSN and its services to the SSA’s 1,700 national members.

“Our strategic partnership with The SSA helps to insure that the SSA and its members are given the payment flexibility and control needed in today’s self-storage industry”, said Dennis Hall, Executive Vice President and head of future business development. “At the same time it allows us a marketing presence with The SSA and its members”, concludes Hall.

The strategic partnership allows the SSA to accept payments online for all membership dues and tradeshow fees. In addition, PSN is waiving the convenience fee if members make their payments via check. “This is an option that was added to help increase online payments for the members of the SSA”, comments Hall. “We are trying to provide a seamless online payment process that is extremely attractive to the members of the SSA”.

PSN is also set to waive its annual $350 membership fee for all members of the SSA that wish to institute PSN and its payment system into their self-storage facility. The option was added to help show the SSA and its members, that PSN is poised to save them money and insure cost savings that are unrivaled by any other companies.

About Payment Service Network, Inc.
Payment Service Network, Inc. (PSN) is the online leader in bill processing, providing clients and their residents/members a completely seamless and secure transaction environment. PSN has taken an otherwise costly processing system surrounded with physically writing checks, opening envelopes and insuring bank deposits, and has incorporated today’s computer biased technology. The Internet enables accurate, convenient, and secure transaction processing in a fraction of the time and at a fraction of the cost.

About The Self-Storage Association
The SSA provides its members the benefit of advice and experience from industry insiders and other self-storage operators. The SSA and its members have joined together to promote success and profitability in their industry through SSA professional development activities and shared information. Some of the benefits of the SSA are: networking and professional development, marketing, technology, and information.