Infiltrator Systems Chooses PayMode to Optimize its Financial Supply Chain

Leading Manufacturer of Septic and Stormwater Management Solutions to
Improve Supplier Relationships and Lower Costs with Electronic Payment Capability

PORTLAND, ME and OLD SAYBROOK, Conn.— April 23 , 2002 — Infiltrator Systems has chosen PayMode®, the market-leading business-to-business payment solution, to make secure, electronic payments with detailed remittance information to its suppliers, vendors and service providers. With PayMode, Infiltrator Systems will strengthen its critical supplier relationships and maximize the efficiency of its accounts payable processes.

Infiltrator Systems has set a strategic goal of streamlining and optimizing its supply chain. PayMode was selected to quickly and effectively remove paper, cost and process inefficiencies from supplier payments. PayMode enables faster settlement as well as clear visibility into the payment stream, helping to optimize cash and working capital management for both Infiltrator systems and its more than 1200 suppliers.

Contact: Ann McCormick , 207-771-3769,   ann_f_mccormick@fleet.com