FREEDOM Wins Contracts with Disney, Volkswagen, Xerox for TRACKER Unclaimed Property System
biz.yahoo.com
CEDAR RAPIDS, Iowa--(BUSINESS WIRE)--Jan. 15, 2002--Disney Worldwide Shared Services, Volkswagen of America, Inc., and Xerox Corporation are among five companies that recently signed contracts for licensed versions of the FREEDOM TRACKER Unclaimed Property System. FREEDOM is a unit of Fiserv, Inc. (Nasdaq:FISV).
Franklin Covey Company and Blair Corporation also have entered licensing agreements to use the TRACKER system.
Unclaimed property consists of various types of tangible or intangible personal property for which the owner cannot be located. Checking and savings accounts, uncashed checks, securities, insurance benefits, oil royalties, utility refunds/deposits, wages/commissions and dividends are examples of unclaimed property. Automation helps consolidate the labor-intensive process of complying with unclaimed property laws, due diligence and filing requirements.
According to Tony Perdichezzi, President, Fiserv Administrative Solutions Division, more than 1,700 companies nationwide use TRACKER software for unclaimed property compliance and management.
``TRACKER is the premier software choice for complying with state-specific unclaimed property laws because of FREEDOM's proactive approach to compliance, and quality customer service,'' said Perdichezzi.
FREEDOM, freedomgroup.com, specializes in the development of financial, regulatory and customer service applications for financial, oil and gas, communication, transportation, utility, retail/service, education, and insurance companies. Founded in 1986, FREEDOM backs the products with responsive, toll-free customer support for a large client base. |
