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To: AE who wrote (5174)6/16/1998 9:32:00 AM
From: AE  Read Replies (1) of 8545
 
More competition???

Date: Tuesday, June 16, 1998
Source: Business Wire
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BOULDER, Colo.--(BUSINESS WIRE) via NewsEdge Corporation -- Technology Enables Scaleable Electronic Billing Solutions

Novazen, Inc., a developer of electronic bill presentment and payment software, will preview its suite of software solutions at the Billing '98 conference at the Merchandise Mart in Atlanta, June 15-16, booth #705. The annual Billing '98 show is the largest communications-based billing event, with an estimated 3,000 billing professionals from 32 countries attending last year's show.

"We look forward to demonstrating our electronic bill presentment and payment software at this annual gathering of industry leaders," says Vincent Jordan, president and CEO of Novazen. "We believe corporate customers looking for a modular, flexible solution that easily integrates with existing billing and database systems will be impressed with our technical offerings."

Novazen Technology

Novazen's software integrates with existing billing or statement generation systems. It is a series of modular, customizable software components that allows corporate users to offer a personalized, total customer care solution that is Internet-based and completely interactive. Novazen technology offers consumers a complete choice of options for accessing information and receiving and paying bills, from traditional telephony to advanced technology. At the Billing '98 conference the company will demonstrate its software solutions that address the following functions:

Novazen Electronic Bill Presentment and Payment(tm)

Novazen offers a new and dynamic environment of electronic bill presentment and payment. Bills or statements can be distributed via browser, e-mail, data-download, image, push applet, fax or optical and magnetic media. Traditional paper presentation and distribution is also available. All bills are accessible and payable online via the Internet, reducing billing operations costs and increasing customer satisfaction.

Novazen Consolidated Billing(tm)

To complement the Internet-based bill presentment components, Novazen's technology provides complete consolidated billing functionality. It provides a "single stop bill" for all products and services to which a customer is subscribed. Corporate users can continue to use existing legacy billing systems and/or integrate new engines that perform specific billing needs. Novazen provides a consistent and common consolidation platform that can manage any type of file or data format. Multi-account customers can also consolidate (or split apart) accounts, or products and services, across multiple or single accounts.

About Novazen

Founded in 1997 and based in Boulder, Colorado, Novazen, Inc. is developing Internet-based software designed to redefine and improve the interaction between businesses and their customers. The company has identified the telecommunications, utility and financial services industries as initial target markets. The company is currently working with several large organizations to finalize product development plans to formally launch products this summer. For more information about Novazen visit the company Web site at www.novazen.com or call 303/583-3100.

CONTACT: Novazen, Inc. | Brian Freeman, 303/583-3100 | or | Murrel Public Relations | Guy Murrel, 303/581-7760
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