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Direct Insite Corporation is an application service provider. It develops, provides and administers patented, proprietary, Internet-based electronic invoice presentment and payment solutions that simplify and resolve the myriad of invoicing and customer satisfaction issues of large, multinational, enterprise customers with multiple lines of business. Using a data centric approach, Direct Insite s EIP&P solutions improve the delivery and management of high-volume, invoice-related data while providing its customers with a workflow system that better manages complex presentation, analysis, dispute resolution, approval and payment processes. As a result, administrative and operating expenses for both biller and payer are substantially reduced. Headquartered in Bohemia, N.Y., with sales offices in Boulder, Colo., Direct Insite employs a staff of more than 65. The company trades on the OTC Bulletin Board under the symbol DIRI.