PayPal

Evite, Inc., Partners With X.com's PayPal to Bring Online Person-to-Person Payments to Millions of Users

Partnership Allows Evite Members to Plan Activities and Collect and Send Payments in One Convenient Location

SAN FRANCISCO, June 27 /PRNewswire/ -- Evite, Inc., (http://www.evite.com), the most recognized brand for getting people together, and X.com's PayPal (http://www.paypal.com), the leading online payments network, today announced a partnership to provide an instant payment capability to Evite members. Now Evite users can send and collect payments for group activities in a secure environment at the most convenient time -- during the planning process. Through its partnership with X.com, which has over two million users, Evite continues to deliver on its commitment of providing users with all the resources they need for planning any event, large or small.

The new feature, scheduled to launch on Evite.com in early July, allows Evite users to provide their guests with the option to pay as they respond to their customized Evite Invite. Anyone who needs to collect or pay money related to an activity planned through Evite will now be able to send instant payments -- charged to their credit card or debited from their bank account -- to anyone with a US e-mail address. The service is free of charge to consumers and is seamlessly integrated into the Evite Invite experience.

``We believe there is tremendous unmet demand to provide an instant and convenient payment capability to groups and communities,'' said Elon Musk, CEO of X.com. ``This partnership will provide that capability to Evite users while helping X.com broaden its presence as the leading Internet payments network.''

``Our partnership with X.com brings Evite's users the most reliable payment offering available today,'' says Josh Silverman, Evite CEO. ``Adding payment capabilities brings our services full circle, making Evite the only place you need to visit when getting your friends together. You can search local listings to find the perfect concert, invite your friends and now receive payments for the tickets, eliminating all the planning hassles.''

About Evite, Inc.

Evite, Inc. is an Internet media and communications company that pioneered the concept of online activity planning. Evite.com's activity center is the most complete network of information and communications resources available in one spot on the Web to help people connect and get together with family, friends and colleagues. Evite.com is currently a privately held company with funding from August Capital, Advent International, Greylock Management, Hambrecht & Quist, Hikari Tsushin, North Hill Ventures, Staenberg Venture Partners, TCV, and several other strategic investors. For more information, visit www.evite.com (http://www.evite.com).

About X.com

X.com Corporation provides an instant and secure email payment service, integrated with consumer and business financial services. With a customer base of more than two million, X.com is the largest Web-based payments network, and with its PayPal service, was ranked the #1 financial site on the Web by PC Data Online for April and May. X.com's PayPal is the preferred payment service for online auctions and online community sites, and is also available for use by Web-enabled mobile phone. X.com is a privately held company located in Palo Alto. X.com was recently named one of the 50 Most Important Private Companies in the World by Red Herring magazine and one of the Top 25 New Companies by Fortune Small Business. In March, X.com merged with PayPal.com, the leading email payment service. SOURCE: Evite, Inc.

SOURCE: X.com Corporation