John D. Schneider, Jr. Elected to PBiz Board of Directors

Private Business, Inc. (NASDAQ:PBIZ), ("PBiz"), a
provider of technology solutions for financial institutions, today
announced that banking industry veteran John D. Schneider, Jr. has
been elected to the company's board of directors.
   Schneider serves as Vice-Chairman and CEO of Independent Bankers'
Bank in Springfield, Illinois, with which he has been associated in
various management positions since 1986. The Independent Bankers' Bank
is one of 21 specially chartered banks in the United States that is
owned by and does business solely with community banks. Bankers' Banks
provide correspondent services, including loan participations and fed
funds purchases, either directly or through strategic partnerships, to
its owners and other community-based financial institutions. Today,
over 200 banks in Illinois and Indiana own stock in the Independent
Bankers' Bank. The Independent Bankers' Bank is the third largest
Bankers' Bank in the United States, serving over 500 community banks.
   "The management team of PBiz has a clear vision for the direction
of this company and the type of service and solutions they want to
provide bankers nationwide," said Schneider. "As they are moving
toward that goal, I see an opportunity to use my professional
background and personal experiences to play an integral part in the
future of PBiz."
   Commenting, Lynn Boggs, Chief Executive Officer of PBiz, said, "We
are pleased and fortunate to have John join our Board. Because of his
direct experience with the banking industry and his insight regarding
the dynamics of our business, we believe he is an excellent addition
to our Board and will contribute measurably to its work. We look
forward to his participation as a director and to his counsel about
the future direction for PBiz."
   Schneider earned a B.S. degree in Finance from the University of
Illinois in Champaign. He is also a graduate of the Community Bank
Management Program at the B.A.I. School for Bank Administration and a
graduate of the Graduate School of Banking, Madison, Wisconsin. He
currently is Chairman of the Bankers' Bank Service Corporation and
serves or has served as a director of Independent Bankers' Bank and
Bankers Bancorp, Inc., The InterCept Group, Sullivan Bancshares, Inc.,
The Trust Company of San Antonio, and Community Bank Mortgage
Corporation. He is a member of the Independent Community Bankers
Association's Regulation Review Committee.
   Mr. Schneider will fill the Class 1 Director's vacancy on the PBiz
Board with a term set to expire in May 2006.
   The Company also announced that David Y. Howe, a PBiz director
since 2004, and a former partner and managing director of Lightyear
Capital, has resigned from the PBiz Board of Directors.

   About PBIZ

   Private Business, Inc. offers a fully-featured strategic product
suite that provides core data processing, along with accounts
receivable financing, Internet banking, cash management, CRM/business
intelligence, financial accounting tools, Check 21 compliance,
electronic image/item processing, and online debt collections. PBiz
believes its full suite of products and services will allow financial
institutions and their small-to-medium sized business customers to
better compete in today's aggressive financial services marketplace,
and grow their trusted financial relationships, while providing
increased profitability through the efficient use of technology and an
expanded community presence.
   For more information about PBiz, or its line of products for
financial institutions, please visit us on the web at www.pbizinc.com
or contact marketing via email at [e-mail] or call,
800-235-5584.

   Safe Harbor Statement

   Certain statements made in this press release may constitute
forward-looking statements within the meaning of the Private
Securities Litigation Reform Act of 1995. Such forward-looking
statements are based on management's current expectations and include
known and unknown risks, uncertainties and other factors, many of
which the Company is unable to predict or control, that may cause the
Company's actual results or performance to materially differ from any
future results or performance expressed or implied by such
forward-looking statements. These statements involve risks and
uncertainties, including, without limitation, risks and uncertainties
associated with the Company's ability to achieve its growth plans and
to identify, complete, or integrate acquisitions. These risks and
uncertainties are in addition to other factors detailed from time to
time in the Company's filings with the Securities and Exchange
Commission. The Company cautions investors that any forward-looking
statements made by the Company are not necessarily indicative of
future performance. The Company is not responsible for updating the
information contained in this press release beyond the published date,
or for changes made to this document by wire services or Internet
services.