Tuesday August 3, 8:42 am Eastern Time
Company Press Release
billserv.com is First to Market with Electronic Bill Presentment and Payment Solution for the Palm VII Connected Organizer
billserv.com Delivers New Capability For Palm VII Users
to Pay Bills Electronically
billserv.com Inc. (OTC BB:BLLS), a leading electronic bill presentment and payment (EBPP) service bureau, today announced it has become the first EBPP provider to offer consumers the ability to view and pay bills through the Palm VII(tm) connected organizer from Palm Computing Inc., a 3Com company.
By using the wireless Palm VII organizer and its Palm.Net(sm) wireless service, users can easily obtain information from the Internet, conduct e-commerce transactions, receive instant messages -- and now, receive and pay bills.
The Palm Computing® platform provides the Internet access necessary for Palm VII users to receive and pay their bills directly through a biller's Web site. billserv.com also presents bills through sites that use bill payment aggregators such as CheckFree, TransPoint, NetDelivery and CyberCash, with whom billserv.com currently has agreements. By providing services through the Palm VII organizer, billserv.com now offers a wider variety of distribution points for billers in the EBPP market.
''Our new capability to offer bill presentment and payment on the Palm VII organizer boldly points to the potential of what electronic bill presentment and payment can mean for billers and consumers,'' said Michael Long, chairman and CEO of billserv.com. ''By becoming the first vendor to provide electronic billing for Palm VII users, billserv.com is strengthening its leadership position and becoming recognized as an innovator in bringing online billing services to the mass consumer market.''
Long added that last week, billserv.com launched the first phase of its bills.com (www.bills.com) Internet portal, where consumers will soon be able to receive and pay bills online.
''billserv.com takes full advantage of the wireless capabilities of the Palm VII organizer by allowing Palm VII users to receive and pay bills remotely,'' said Scott Lincke, director of wireless products for Palm Computing Inc., a 3Com company. ''billserv.com is an example of how the Palm VII and its open applications environment can enable dramatically new applications aimed at mobile users.''
About billserv.com
billserv.com Inc. (OTC BB:BLLS) 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: (eServ(sm)), Internet billing clearinghouse services for EBPP; (ePublishing(sm)), electronic publishing services for online statement delivery; (eCare(sm)), an interactive customer care center operation; and (eConsulting(sm)), professional consulting services for billing organizations offering inhouse bill presentment. 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 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.
Palm Computing is a registered trademark and Palm.Net is a service trademark and Palm VII is a trademark of Palm Computing Inc. or 3Com Corporation.
NOTE TO EDITORS: Screenshots of billserv.com's EBPP service on the Palm VII organizer can be found at billserv.com.
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Contact:
Davis.Comm Inc. (for billserv.com)
Jeff Davis or Kevin Manniko, 415/837-3939
jdavis@daviscomm.com or kmanniko@daviscomm.com
or
billserv.com Investor Relations, 888/559-4184
biz.yahoo.com
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