Exhibit 99.1

      Ptek Acquires CCS for Premiere Conferencing and I-Media for Xpedite;
                   Company Reiterates 2005 Financial Outlook

    ATLANTA--(BUSINESS WIRE)--Nov. 29, 2004--Ptek Holdings, Inc.
(NASDAQ: PTEK)(www.ptek.com), a leading provider of innovative
business, data and group communications services, today announced the
acquisitions of ConferenceCallServices ("CCS") for approximately $14.0
million and I-Media SA for approximately EUR 14.3 million, both net of
working capital. Ptek funded the purchases with the Company's bank
credit facility.
    New Jersey-based CCS offers a full suite of conferencing services,
primarily catering to small- and mid-sized enterprises in the United
States and Germany, and recorded revenue of $11.3 million for the
twelve months ended October 31, 2004. Paris, France-based I-Media
offers a diversified suite of electronic messaging services and
recorded revenue of EUR 10.9 million for the twelve months ended
October 31, 2004. This acquisition will enhance Xpedite's presence
throughout the European market.
    "CCS and I-Media have built strong, growing businesses in their
respective markets," said Boland T. Jones, Ptek's Founder, Chairman
and CEO. "We believe their customers will benefit from Ptek's broad
suite of enhanced business communications solutions, industry-leading
client services and global presence."
    Ptek anticipates revenues in the current quarter will be in the
range of $116 to $117 million and diluted EPS will total approximately
$0.17. The Company expects that its largest customer will account for
less than 10% of total revenues in the current quarter, representing a
decline of approximately $1.5 million from the third quarter of 2004.
    Ptek remains comfortable with its financial outlook for 2005 of
$490 to $500 million in revenues and diluted EPS of $0.67 to $0.70.
Included in these ranges is the expectation that the Company's largest
customer will represent 2% to 3% of total revenues in 2005. This
outlook assumes no additional acquisitions.

    About Ptek Holdings, Inc.

    Ptek Holdings, Inc. is a leading provider of innovative business,
data and group communications services for global enterprises.
Companies use our audio and data conferencing solutions to conduct
group meetings and presentations over the phone or Web. We also enable
our customers to process and deliver large quantities of
individualized, business critical information, such as electronic
statements and invoices, financial transaction and travel
confirmations, and drug prescriptions, via our global ASP platform.
Ptek serves companies in nearly every business sector, including
healthcare, technology, publishing, financial services, travel and
hospitality. Our services are marketed under the Premiere Conferencing
and Xpedite(R) brand names.
    Ptek Holdings' corporate headquarters is located at 3399 Peachtree
Road NE, Suite 700, Atlanta, GA 30326. Additional information can be
found at www.ptek.com.

    Statements made in this press release, other than those concerning
historical information, should be considered forward-looking and
subject to various risks and uncertainties. Such forward-looking
statements are made pursuant to the "safe harbor" provisions of the
Private Securities Litigation Reform Act of 1995 and are made based on
management's current expectations or beliefs as well as assumptions
made by, and information currently available to, management. A variety
of factors could cause actual results to differ materially from those
anticipated in Ptek's forward-looking statements, including, but not
limited to, the following factors: technological change; the
development of alternatives to our services; our ability to manage our
growth; integration of acquired companies; possible adverse effects on
our financial condition if we are unable to retain IBM as a customer
at the levels currently forecasted; possible adverse results of
pending or future litigation or infringement claims; service
interruptions; competitive pressures, including pricing pressures;
general domestic and international economic, business or political
conditions; legislative or regulatory changes; increased financial
leverage; our dependence on our subsidiaries for cash flow; and other
factors described from time to time in our press releases, reports and
other filings with the SEC, including but not limited the "Risk
Factors Affecting Future Performance" section of our Annual Report on
Form 10-K for the year ended December 31, 2003. All forward-looking
statements attributable to us or a person acting on our behalf are
expressly qualified in their entirety by this cautionary statement.



    CONTACT: Ptek Holdings, Inc., Atlanta
             Investor Relations
             Sean O'Brien, 404/262-8462