Ticketmaster Selects Asentinel for Telecom Expense Management; Calls Patent-Pending Software the "Cadillac"

MEMPHIS, Tennessee, May 27, 2004 - Ticketmaster, the world's leading ticketing company, has selected Asentinel's patent-pending software for telecom expense management, David C. Perdue, Asentinel CEO, announced today.

Ticketmaster has signed a multi-year licensing agreement with Asentinel and will transition from its current process to Asentinel's automated web-based solution that uses EDI to transmit billing from multiple vendors.

"Ticketmaster looked at all the major solutions and told us that Asentinel is the 'Cadillac," says David C. Perdue, Asentinel CEO. "Because telecom capabilities are a core part of their business operations, Ticketmaster needed the muscle that Asentinel's software provides to centralize expense management and gain complete control and visibility over the budgeting process."

Asentinel offers a comprehensive telecom expense management software package that integrates with the client's existing system. Written in Java, the software automates the process of telecom invoice management in real time, analyzing every invoice against vendor contracts, hidden costs, active inventory, and flagging every exception. Since these errors often recur each month and can go back for years, getting an expedient return on investment from Asentinel is not difficult. In the long-term, clients' ongoing telecom expenses also decline while internal processing time is greatly reduced.

Based in Memphis, Tennessee, Asentinel is the developer of a patent-pending telecom expense management software package. The web-based software has more than 40 cumulative years of development behind it and provides a cost-saving automated solution benefiting enterprise organizations. With sales on track to triple this year, Asentinel's growing client list includes Fortune 1000 companies and government entities. Software systems for 3175 Lenox Blvd. Suite 415 +1.901.752.6200 optimal invoice management Memphis, TN 38115 USA www.Asentinel.com

Ticketmaster, the world's leading ticketing company, sold 100 million tickets valued at $4.9 billion in 2003, through www.ticketmaster.com, one of the largest e-commerce sites on the Internet, more than 3,300 retail Ticket Center outlets and 19 worldwide telephone call centers. Ticketmaster serves more than 8,000 clients worldwide and acts as the exclusive ticketing service for hundreds of leading arenas, stadiums, performing arts venues, and theaters and is the official ticketing provider and supporter of the Athens 2004 Olympic Games. Ticketmaster is headquartered in West Hollywood, California and is an operating business of IAC/InterActiveCorp.