PBiz Acquires PTC Banking Systems and its WinTELLER(R) Suite

        Financial Services Provider Expands Technology Offering
                   with Teller Automation Solution

   Private Business, Inc. (NASDAQ:PBIZ), ("PBIZ"), a provider of
technology solutions for financial institutions, today announced it
has acquired the assets of P.T.C. Banking Systems, Inc. PTC is a
leading developer of teller automation products, servicing
approximately 80 financial institutions throughout the United States
from its headquarters in Bradenton, Florida.
   PTC's flagship product, WinTELLER, is a full-featured teller
automation system designed to help bank branches better manage
customer account transactions, improve teller efficiency, and enhance
customer experiences. This strategic acquisition greatly complements
the financial technology products and services of PBIZ and provides
for a more robust solution to better serve community financial
institutions. Terms of the agreement were not disclosed.
   Lynn Boggs, Chief Executive Officer of PBIZ, stated, "Acquiring a
proprietary teller system that can be integrated into our core
processing platform was a high priority for us. This acquisition is
another step in our plan to provide a full product suite to community
financial institutions, which includes our current core processing
service, lending products, marketing services, and our newest addition
of teller solutions. We're pleased to welcome the customers of PTC to
the PBIZ family and will continue to provide the high level of service
they have received from PTC."
   Kjell Purnell, the current President and Chief Executive Officer
of PTC, said, "I'm looking forward to joining PBIZ and working with
the management team to grow the combined Company's revenue. The
complementary relationship between the existing PBIZ product line and
WinTELLER will provide immediate benefit to our existing as well as
future customers."

   About PTC

   PTC Banking Systems, Inc. (PTC) is a leading developer of branch
automation products for the commercial and community banking industry.
For over 30 years, banks have selected PTC software, such as
WinTELLER(R), WinGUARD(R) and CaptureFIRST to positively impact their
branch operations and help them better manage customer relationships.
With a history of customer relationships built upon trust and the
importance of customer service, PTC is a great mechanism for
delivering branch automation needs to financial institutions.

   About PBIZ

   Private Business, Inc. (PBIZ) 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. PBIZ Acquires PTC Banking Systems Page 2
January 18, 2006
   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 replace its senior credit
facility, 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.