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Folio Exchange expands to Internet Domain industry Contact us at sales@folioexchange.com for more details today.

Folio Exchange hits the 7 Billion Mark. Folio Exchange completed another successful year processing over $7 billion in invoices and payments. Clients save thousands of dollars and FE continues to set the bar for complete back-office automation.

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FOLIO EXCHANGE ANNOUNCES BILLION DOLLAR MARK

Folio Exchange hits over one billion in transaction fees processed.

Palos Verdes, Calif., September 7, 2008 - Folio Exchange, the world leader in back-office hospitality billing solutions, announces they have passed the billion dollar mark. Last week Folio Exchange celebrated processing over one billion dollars in transactions on behalf of its many hospitality clients. Says CEO Joe Bollinger, "We are thrilled to have served our clients and to have seen such terrific business growth over the past several years. In hitting this mark, there is no doubt that Folio Exchange is poised to move forward with a rock solid foundation and proven track record that speaks for itself. I am proud of our technology team and the work that has been done thus far in successfully managing our growth and service quality."

Folio Exchange was founded in 2001 to address the need to streamline back-office billing processes for large resorts and their trading partners with large wholesale, corporate and group bookings. Built from the ground up, their proprietary web-based system delivers significant cost savings and labor efficiencies that are transforming the back office process for the entire hospitality industry.

In reaching this volume level Folio Exchange has established itself as secure, reliable and outstanding industry provider that is trusted by established hospitality corporations including Hyatt, Sheraton, Outrigger and more. Folio exchange is proud of the fact that in a changing economic market they can deliver real cost savings and do it with a nearly perfect service uptime record - now that is something to celebrate.

About Folio Exchange:
Folio Exchange is the world leader in full-cycle back office billing solutions. Headquartered in Southern California, their complete "Start to Finish" solution offers paperless invoicing, streamlined dispute resolution, electronic audit trails and automated cash application. Folio Exchange delivers to their customer an effortless billing solution.
Additional information about Folio Exchange is available at FolioExchange.com.