EXHIBIT 99.1
JOINT FILING AGREEMENT
JOINT FILING AGREEMENT (this "Agreement"), dated as of October 14,
2002 among Metropolitan Venture Partners II, L.P., a Delaware limited
partnership, Metropolitan Venture Partners (Advisors), L.P., a Delaware limited
partnership and Metropolitan Venture Partners Corp., a Delaware corporation
(collectively, the "Joint Filers").
W I T N E S S E T H
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WHEREAS, as of the date hereof, each of the Joint Filers is filing a
Schedule 13D under the Securities Exchange Act of 1934 (the "Exchange Act") with
respect to securities of Direct Insite Corp. (the "Schedule 13D");
WHEREAS, each of the Joint Filers is individually eligible to file
the Schedule 13D;
WHEREAS, each of the Joint Filers wishes to file the Schedule 13D
and any amendments thereto jointly and on behalf of each of the Joint Filers,
pursuant to Rule 13d-1(k)(1) under the Exchange Act;
NOW, THEREFORE, in consideration of these premises and other good
and valuable consideration, the parties hereto agree as follows:
1. The Joint Filers hereby agree that the Schedule 13D is, and any
amendments thereto will be, filed on behalf of each of the Joint Filers pursuant
to Rule 13d-1(k)(1)(iii) under the Exchange Act.
2. Each of the Joint Filers hereby acknowledges that, pursuant to
Rule 13d-1(k)(1)(i) under the Exchange Act, it is responsible for the timely
filing of the Schedule 13D and any amendments thereto, and for the completeness
and accuracy of the information concerning it contained therein, and is not
responsible for the completeness and accuracy of the information concerning any
of the other parties contained therein, unless it knows or has reason to know
that such information is inaccurate.
3. Each of the Joint Filers hereby agrees that this Agreement shall
be filed as an exhibit to the Schedule 13D, pursuant to Rule 13d-1(k)(1)(iii)
under the Exchange Act.
IN WITNESS WHEREOF, the parties have caused this Agreement to be
executed individually or by their respective directors hereunto duly authorized
as of the day and year first above written.
METROPOLITAN VENTURE PARTNES II, L.P.
By: METROPOLITAN VENTURE PARTNERS (Advisors), L.P., its general partner
By: METROPOLITAN VENTURE PARTNERS CORP., its general partner
By: /s/ Xxxxxxx Xxxxx
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Name: Xxxxxxx Xxxxx
Title: Vice President of Finance
METROPOLITAN VENTURE PARTNERS (Advisors), L.P.
By: METROPOLITAN VENTURE PARTNERS CORP., its general partner
By: /s/ Xxxxxxx Xxxxx
---------------------------------
Name: Xxxxxxx Xxxxx
Title: Vice President of Finance
METROPOLITAN VENTURE PARTNERS CORP.
By: /s/ Xxxxxxx Xxxxx
---------------------------------
Name: Xxxxxxx Xxxxx
Title: Vice President of Finance
