FOR IMMEDIATE RELEASE                                  Contact: John R. Polchin
                                                        Chief Financial Officer
                                                        (703) 259-3000

                      INTELIDATA SECURES ADDITIONAL FUNDING

            Warrant Exercise Generates $3.3 Million In Gross Proceeds

RESTON,  VA, July 8, 2003 - InteliData  Technologies  Corp.  (NASDAQ:  INTD),  a
leading provider of Internet banking and electronic bill presentment and payment
technologies,  today  announced that it has raised  $3,335,078 in gross proceeds
from the  exercise of  warrants,  as amended,  by  institutional  investors  who
participated in the Company's  private placement of common stock in November and
December 2001.

The warrant exercise  resulted in the issuance of 1,431,364 shares of InteliData
common  stock.  All of the warrants that were issued as part of the 2001 private
placement have now been exercised.

"We are very pleased to have been able to improve our balance sheet through this
warrant  exercise.  This cash infusion will be beneficial as we continue to seek
new business  opportunities  and further develop our operating plan objectives,"
said Alfred S. Dominick, Jr., InteliData's Chairman and Chief Executive Officer.

About InteliData

With over a decade of experience in the industry,  InteliData  provides Internet
banking and  Electronic  Bill  Presentment  and Payment  (EBPP)  technology  and
services to leading banks, credit unions,  financial institution  processors and
credit card issuers.  The Company  develops and markets  software  products that
offer proven  scalability,  flexibility  and  security in  supplying  real-time,
Internet based banking services to their  customers.  The Company also serves as
an application service provider by providing Internet hosting and service bureau
solutions. Visit the company's Web site at www.InteliData.com.

"Safe Harbor"  statement under the Private  Securities  Litigation Reform Act of
1995:

This release contains  forward looking  statements that are subject to risks and
uncertainties,  including,  but not limited to, our ability to continue  funding
operating  losses,  our ability to manage our expenses in line with  anticipated
business levels, the ability of the Company to complete product  implementations
in required  time frames and the  Company's  ability to increase  its  recurring
revenues and profits through its ASP business  model,  the impact of competitive
products,  pricing pressure, product demand and market acceptance risks, pace of
consumer  acceptance of home banking and reliance on the Company's  bank clients
to increase usage of Internet banking by their customers,  the effect of general
economic   conditions  on  the   financial   services   industry,   mergers  and
acquisitions,  risk of integration of the Company's technology by large software
companies,   the  ability  of  financial   institution  customers  to  implement
applications  in the anticipated  time frames or with the anticipated  features,
functionality  or  benefits,  reliance  on key  strategic  alliances  and  newly
emerging  technologies,  the ability of the Company to leverage  its third party
relationships  into new business  opportunities in the EBPP market, the on-going
viability of the  mainframe  marketplace  and demand for  traditional  mainframe
products,  the ability to attract and retain key employees,  the availability of
cash for  long-term  growth,  product  obsolescence,  ability to

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reduce product costs,  fluctuations in operating results,  delays in development
of  highly  complex  products  and  other  risks  detailed  from time to time in
InteliData  filings with the  Securities  and Exchange  Commission.  These risks
could  cause  the  Company's  actual  results  for 2003  and  beyond  to  differ
materially from those expressed in any forward looking statements made by, or on
behalf of,  InteliData.  InteliData is not under any  obligation  (and expressly
disclaims  an  obligation  to) update or alter its  forward-looking  statements,
whether as a result of new information or otherwise.

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