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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 RELOCATION TO SOUTHERN CALIFORNIA

Folio Exchange announces relocation of headquarters to sunny Southern California.

Palos Verdes, Calif., June 1, 2008 – Folio Exchange, the world leader in back-office hospitality billing solutions, announced today that they are relocating their world headquarters to Southern California.

The move came on the heels of an ownership transition that included the departure of long-time partner Glen Miller and the addition of new Sales and Marketing Director, Lisa Bryan. The company will continue to house some operations in Denver, including back-up servers and finance.

"We are sad to see Mr. Miller leave as he has been a terrific partner and asset to the organization. We wish him well in his new endeavors as he makes a significant career change and pursues a long-time personal passion in the world of academics." Says Joe Bollinger, Principal. Folio Exchange plans to conduct a search for a suitable Technology Development replacement. In the meantime, their support staff will bridge the day-to-day operations.

At the same time the company is pleased to announce the addition of veteran marketing Director Lisa Bryan. Though she has been away from the marketing world for several years, Lisa brings an enthusiasm and expertise that stem from her days with large marketing giants including Nestle, Baskin-Robbins, Cendant and Davidson Software. She is looking forward to strengthening Folio Exchange’s reputation and presence throughout the hospitality industry.

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.