Today's news.
Monday June 7, 8:24 am Eastern Time
billserv.com Opens Business Development Offices in Four U.S. Markets
Expansion Supports billserv.com's Strategy to Saturate Regional Markets
SAN ANTONIO--(BUSINESS WIRE)--June 7, 1999--Further demonstrating its business strategy to serve major regional billers in top U.S. markets, billserv.com Inc. (OTC BB:BLLS - news), today announced the opening of three regional business development offices in Pittsburgh, Dallas and Phoenix, and one district business development office in New York City.
billserv.com is a leading electronic bill presentment and payment (EBPP) service bureau, providing small- to medium-sized billers with a turnkey outsourcing solution for presenting bills to consumers for payment on the Internet.
''The opening of four new business development offices not only points to billserv.com's rapid growth and expansion, it supports our strategy of providing EBPP services to billers in major markets,'' said Randy Kauftheil, vice president of business development for billserv.com. ''We're continuing to make significant inroads with major billers in the San Antonio regional market, and are now moving forward with our strategy to replicate that success in other cities.''
Kauftheil added that billserv.com plans to open additional business development offices in other markets in the near future.
billserv.com currently has customer or pilot program relationships with San Antonio Water System, the San Antonio Express-News and Holmes & Shaw, and partner relationships with CheckFree Corporation, Cybercash, NetDelivery and BlueGill Technologies.
About billserv.com
billserv.com Inc. (OTC BB:BLLS - news) is an electronic bill presentment and payment service bureau that provides small- to medium-sized billers with a turnkey outsourcing solution for presenting bills to consumers for payment on the Internet. billserv.com serves an intermediary role between billers and bill aggregators by consolidating customer billing information from multiple billers, and then securely delivering it to aggregators. billserv.com has four product offerings: Internet billing clearinghouse services (eServ(sm)), (ePublishing(sm)), customer care services (eCare(sm)) and professional consulting services
(eConsulting(sm)). billserv.com also owns and develops bills.com, the first EBPP Internet portal where consumers can pay all their bills electronically. For additional information, visit www.billserv.com or call 210/402-5000.
Certain statements contained herein are ''forward-looking'' statements (as such term is defined in the Private Securities Reform Act of 1995). Because such statements include risks and uncertainties, actual results may differ materially from those expressed or implied by such forward-looking statements.
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