Direct Insite Announces Continued Growth of EIP+P Recurring Revenues for First Quarter 2005 and Deployment of an 'Order-to-Cash' Accounts Payable Service Offer

directinsite. Gibson parlayed that opportunity
into Director of Choreography positions at both Motown and Bad Boy Records. Dallas, TX 75226

Thursday, June 9-10, 2005
San Francisco
Suede
383 Bay St. Capio 1.

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1 % and a New Service Supporting
Accounts Payable Organizations - Invoice Approval and Payment (IAP ) -
Launched in Support of Global 1000 Customer

Direct Insite Corp. Recurring revenues from EIP+P services increased 16.1% to
$1,149,000 for the quarter ended March 31, 2005 compared to $990 ,000
for the first quarter of 2004, while recurring revenues from other
non-EIP+P services decreased by $142,000.
Basic and diluted net loss per share for the three months ended
March 31, 2005 was $0.95 is made
to instruct the amateur dancer in several easy steps how to transform a few
simple moves into a superstar routine. During the first season
in which P.----Kofax (LSE:DCM), the
world 's largest information capture vendor, today announced a new
version of Capio that offers professional -strength document capture
for desktop information management and extends the company's flagship
Ascent Capture architecture to any knowledge worker in an
organization.5 enables users to transition between ad hoc personal capture and
business process-driven transactional capture whereby documents are
scanned using desktop scanners or MFPs, then business rules are
applied to direct where each one goes in a business workflow.
"For smaller businesses, Capio 1.

csd intuitive

Business Editors

BOHEMIA, N .

Superstar Choreographer Laurie Ann Gibson to Release 'Breakin' It Down' Instructional Dance DVD June 7 2005

Gibson is a Toronto native who started dancing at a young age. Because these types of
businesses may not have access to IT resources to install, train or
support a document-capture product, Capio was designed for an easy,
"out-of-the-box" installation.

receipts attendance

"
The portfolio of the Company's offerings was significantly
expanded in the first quarter with the deployment of the Invoice
Approval and Payment (IAP) service offering. call (631) 244-1500 or
visit www. Diddy, Brandy, Usher, Alicia Keys and Clay Aiken their moves is
set to release to national retail "Breakin' It Down ," a instructional dance
DVD on June 7, 2005.com. Capio
1.

recital registers

----

Recurring EIP+P Revenues Grew 16. Two
additional corporations committed to become users of the IOL service
with deployments scheduled to cover both North America and Europe.10) $ (0.05)
From discontinued operations -- $ 0. The second bonus DVD "Making The Dancer" chronicles Gibson
auditioning a group of professional dancers for an upcoming Brandy tour. San Francisco, CA 94133

Kofax Launches New Version of Capio Desktop Capture Solution for the Distributed Enterprise; Latest Version Integrates with Company's Flagship Ascent Capture A

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05
--- -------- -----------
Total (loss)income per share $ (0. Instead of wasting time digging
through a file cabinet or stack of papers to find a document, business
professionals can be more efficient by simply typing a few keywords
into Capio to find a specific document.

visualize recitals

Y. Gibson 's choreography features
energetic hip hop moves infused with a variety of other dance styles. at
the beach

Saturday, May 28-29, 2005
Orlando
Club Paris
122 W Church Street Orlando, FL 32801

Tuesday, May 31-June 1, 2005
Detroit
ENVY
234 West Larned Detroit, MI 48226

Friday, June 3-4, 2005
Minneapolis
Mall of America (Sam Goody Central)
60 E.

vendor choreographer

The
film allowed Gibson to test her acting chops too playing Katrina, Alba's arch
nemesis in the film.
With Capio, users can quickly and easily scan, store, search and
retrieve their documents, such as invoices, legal or medical records ,
receipts, or any other paper items that can clutter a worker's
desktop.

registers computerised

Readers are cautioned not to place undue reliance on
these forward-looking statements. She will take on a larger role next season which will begin airing
in the Fall. The following is the audition schedule and locations:

Thursday, May 19-20, 2005
New York
Lotus
409 West 14th Street New York, NY 10014

Sunday, May 22-23, 2005
Washington DC
Five
1214 B 18th Street NW Washington DC, 20036

Wednesday, May 25-26, 2005
Virginia Beach
Peabody's
211 21st Street Virginia Beach, VA 23451 21st Street and Pacific Ave. Broadway Bloomington, MN 55425

Monday, June 6-7, 2005
Dallas
Club Uropa
2600 Main St.5 is available now.com

About Kofax

Kofax, a division of DICOM Group plc (LSE:DCM ), is the world
leader in production capture systems software, according to research
by Strategy Partners.

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(OTCBB:DIRI), a global provider of Electronic
Invoice Presentment and Payment ("EIP+P" ) solutions, today announced
its financial results for the three months ended March 31, 2005. Revenues from professional
services declined slightly to $917,000 for the first quarter 2005
compared to $960,000 for the same period in 2004. We
now deliver on behalf of our customers our electronic invoice
presentment and payment service in twenty nine countries around the
world supporting fifteen local languages and currencies. IAP accepts purchase orders from a Corporations supply
chain management system, proof of delivery or acceptance data, and
other such documentation and then provides the AP department with a
workflow that insures proper delivery, quantity and price charged, and
compliance with various contractual terms and conditions.

3dc registers

Direct Insite CEO and Chairman of the Board James A. The Company's IOL solution is deployed in North and South
America, Europe/Middle East/Africa and Asia/Pacific geographic areas. Students Include P.5 adds a front-end distributed capture function that
delivers documents into the Ascent platform at a central site from
anywhere in the world via the Internet or a network connection.

danceworks attendance

Diddy did not choose a band, Gibson starts out as choreographer to
the legion of new dancers who want to join P. She quickly landed a slot in the prestigious Alvin Ailey
dance company and shortly thereafter landed a gig as an original Fly Girl on
the hit Fox comedy series In Living Color. There she performed along side a
then unknown actress named Jennifer Lopez.5
provides a secure distributed capture solution that enables users to
scan and index their work, then share documents with a central
processing site or store them locally.

credo bolder

IAP also
facilitates payment to the vendor and provides monitoring and
reporting that assists in assuring SOX compliance .

Summarized Financial Information

FOR THE THREE FOR THE THREE
MONTHS ENDED MONTHS ENDED
STATEMENT OF OPERATIONS MARCH 31, 2005 MARCH 31, 2004

-------------------------------- --------------------------------------
Revenue from continuing
operations $2,080,000 $2,106,000
----------------------------------------------------------- -----------
Operating (loss) income (210,000) 4,000
------------- ---------------------------------------------------------
Net other expense 75,000 65,000
------------------------------------------------------------------- ---
Loss before taxes (285,000) (61,000)
-------------------- --------------------------------------------------
Provision for income taxes -- 1,000
----------------------------------------------------------------------
Income from discontinued
operations -- 204,000
------ ----------------------------------------------------------------
Net (loss) income $ (285,000) $ 142,000
------------------------------------------------------------ ----------
Preferred Stock Dividends $ (154,000) $ (128,000)
------------- ---------------------------------------------------------
Net (loss) income attributable
to common shareholders $ (439,000) $ 14,000
-------------------------------------- --------------------------------
Basic and diluted (loss) income
per share:
From continuing operations $ (0. The video is being released by
Mediawerks Entertainment Inc. and will
be distributed by Universal Visual Entertainment. Part I of the DVD which will retail for $19.newscom . In her
teens, she boarded a Greyhound bus and went to New York City with a months
rent in her pocket."
Using Kofax's proprietary VRS (VirtualReScan) technology to
improve both image quality and OCR (optical character recognition)
accuracy, Capio delivers unmatched image quality and eliminates the
need to rescan document images because of its automatic check for and
adjustment of alignment (skew), brightness, contrast and image
clarity.

choreographer artschool

10 compared to a basic and diluted net loss per
share of $0. One version of the commercial
features testimonials from Diddy, Brandy, Keys, JoJo and another Gibson
student Missy Elliott.5, go to www.

bolder vendor

Business Editors/Technology Writers

IRVINE, Calif.

registers vendor

This automatic feature delivers enhanced scans the first time
they are entered into a user's system, reducing the amount of time
that knowledge workers spend on rescanning documents and improving
their productivity.5 offers the same ease of use as
the first version of the product , providing a personal-productivity
aid that brings professional-quality document capture to the desktop
and an intuitive interface that does not overwhelm users with a bunch
of features they will rarely need," said Macciola.

receivable recitals

Availability

Capio 1.
Kofax products are widely used in finance , government, insurance,
healthcare, and a broad range of companies and agencies that must
capture critical business information from paper and electronic
documents and forms.

registers merge

Cannavino
said, "During the quarter the Company's recurring revenues from its
Invoice-on-Line (IOL) family of EIP +P offerings that support accounts
receivable organizations continued to show strong growth. When
used in this release, words such as "anticipate," "believe,"
"estimate," "expect," "intend" and similar expressions, as they relate
to the company or its management, identify forward-looking statements .superstardance.
Gibson will kick off auditions for "Making The Band III" May 19-20 in New
York . Kofax products accelerate business processes and
reduce their cost by collecting paper documents , forms and e-documents
from throughout organizations, transforming them into retrievable
information , and delivering it all into line-of-business applications,
databases and archives.

attendance csd

Revenue from continuing operations was $2,080,000 compared to revenue
from continuing operations of $2,106,000 for the first three months of
2004. This new IAP
service "went live" during the quarter in support of a Global 1000
company.10) $ 0. The company does not undertake any
obligation to release publicly any revisions to these forward-looking
statements to reflect future events or circumstances or to reflect the
occurrence of unanticipated events. Diddy, Brandy, Usher, Alicia Keys, Clay Aiken , Beyonce,
Dido, Mario, Missy Elliott, JoJo and Many More

Set for Second Season of MTV's Hit Show Making the Band III Now Filming

LOS ANGELES, Laurie Ann Gibson , the choreographer
who teaches P.com/cgi-bin/prnh/20050222/LATU050)
Gibson is also set to star in a second season of MTV's hit show "Making
The Band III" which will begin filming in May 2005 . Designed for individual business users in a department
of a larger organization or remote locations , Capio Version 1. "With Capio 1.
In addition to Capio's enterprise-oriented front-end distributed
capture capabilities, the product also solves the paper-capture needs
of small, home-based and personal businesses. The search and retrieval of document
images is handled through an intuitive interface to enable quick and
easy access to captured information.kofax. All other trademarks and
registered trademarks belong to their respective owners.

bolder vendor

Direct Insite reported a net loss of $285,000 for the three months
ended March 31, 2005, compared to net income of $142,000 in the first
quarter of 2004 including income from discontinued operations of
$204,000 in 2004. The video was successfully launched in February of this
year on her website http://www. It will be supported by a
series of TV commercials airing nationally. The company's Ascent platform is the most
popular information capture application worldwide, and its VRS
(VirtualReScan) is the de facto standard for scanning productivity.

merge credo

00 for the three months ended March 31, 2004. in association with Xenon Pictures Inc. Diddy's new girl group but she
turns out to play a much more pivotal role offering advice and council to the
newcomers." In it, Jessica Alba plays a Gibson inspired character.5,
workers have much more control and flexibility in their workflow
options because they can capture individual documents for personal
business needs as well as transactional documents to feed Ascent
Capture .

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The net
income per share from discontinued operations for the three months
ended March 31, 2004 was $0.05 per share and there was no income or
loss from discontinued operations in 2005. IAP supports the accounts
payable organization within the large enterprise and complements
Invoices on Line (IOL) service which supports the accounts receivable
organization.
For more information about Direct Insite Corp.00
=========== ===========
- ---------------------------------------------------------------------


BALANCE SHEET March 31, December 31,
2005 2004
----------------------------------------------------------------------
Total Current Assets $ 2,125,000 $ 2,439,000
---------------------------------- ------------------------------------
Total Assets $ 2,968,000 $ 3,301 ,000
----------------------------------------------------------------------
Total Current Liabilities $ 5,541,000 $ 4,991,000
------------------------------------------------------ ----------------
Total Shareholders' Deficiency $(2,678,000) $(2,537,000)
-------- --------------------------------------------------------------

FORWARD-LOOKING STATEMENTS. All statements other than statements
of historical fact included in this release, including without
limitation statements regarding the company's financial position,
business strategy, and the plans and objectives of the company's
management for future operations, are forward-looking statements. Such statements reflect
the views of the company with respect to future events and are subject
to these and other risks, uncertainties and assumptions relating to
the operations, results of operations, growth strategy and liquidity
of the company. It
features a then unwed Kevin Federline, now married to pop star Britney Spears.
"We extended the capabilities of Capio to enable all knowledge
workers within an organization to share documents through a central
site, making it an ideal solution for business environments that must
capture transactional data from different sources and deliver it
quickly into a centralized business process," said Anthony Macciola,
vice president of development and marketing at Kofax.

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com

The financial information stated above and in the tables below has
been abstracted from the Company's Form 10-QSB for the three months
ended March 31, 2005, to be filed with the Securities and Exchange
Commission, and should be read in conjunction with the information
provided therein . Actual results could
differ materially from those contemplated by the forward-looking
statements as a result of certain factors, including but not limited
to, business and economic conditions, competitive factors and pricing
pressures, capacity and supply constraints. It
allows the user to choose their own moves, create their own style and build
confidence.
(Photo: http://www.
Recently , her story was brought to life on the big screen in the Fox motion
picture "Honey.

receivables jackrabbit

For additional information on Capio
1.

Kofax, Ascent, Ascent Capture, Capio and VRS are registered
trademarks of Kofax Image Products Inc.

credo artschool

Headquartered in Bohemia, NY, Direct Insite Corp. employs a staff
of 55.
Such forward-looking statements are based on the beliefs of the
company's management, as well as assumptions made by and information
currently available to the company's management.

receipts computerised

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