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Bohemia, N.Y. – March 27, 2008 – Direct Insite Corp. (OTC BB: DIRI.OB), a global provider of financial supply chain automation across procure-to-pay, order-to-cash, and shared services business processes, today announced financial results for the year ended December 31, 2007. Net income was $2,100,000 for the year ended December 31, 2007, up $1,831,000 compared to net income of $269,000 in 2006. Recurring revenue for the year 2007 was $7,606,000, a 17.3% increase over recurring revenue of $6,486,000 in 2006.
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