TWO RELEASES IN ONE MORNING - KEEP EM COMING:
CheckFree Launches CheckFree Solution Series;
Most Comprehensive Reconciliation Offering Available Today
ATLANTA, Sept. 13 /PRNewswire/ -- The Financial and Compliance Solutions
business unit of CheckFree (Nasdaq: CKFR) today launched its Solution Series
of reconciliation products to the public, offering businesses the power to
identify, manage, resolve and report financial exceptions. The suite combines
the core matching engine of CheckFree RECON Plus(TM) for Windows(R), the best
practices knowledgebase of CheckFree RECON SOLVER and the report mining tools
of CheckFree STORER to deliver an enterprise-wide solution that streamlines
the entire reconciliation process.
From importing data, matching and automatically resolving exceptions
straight through to reporting and archiving, the Solution Series greatly
improves operational efficiency, risk management and bottom-line profitability
in all aspects of the reconciliation operation.
Mike Meriton, president of CheckFree Financial and Compliance Solutions
states, "This comprehensive product suite integrates superior, patented
technology with our more than a quarter of a century of proven experience, to
bring organizations world-wide into the new millennium."
The Solution Series offerings will also soon be extended to integrate with
other CheckFree reconciliation and compliance software applications. For more
information about the CheckFree Solution Series please contact Ann Lago at
888-746-3448 or by email at alago@checkfree.com .
Solution Series Seminars
Beginning Tuesday, October 5, in Philadelphia, CheckFree will host a
series of free seminars designed to educate banks and corporations about the
CheckFree Solution Series. Seminars will also be held in New York, New
Jersey, Chicago, Kansas City, Boston, Charlotte, Nashville, Atlanta, San
Francisco and Los Angeles (see schedule below). Each seminar runs from
9-11 a.m.
Several of the Solution Series seminars will also include a free session
on CheckFree APECS Client/Server, a Windows-based solution for abandoned
property reporting. CheckFree APECS Client/Server builds on the powerful
mainframe system, to streamline abandoned property processing with
client/server performance and delivers quicker access to information. APECS
Client/Server seminars are offered from 1:30-3:30 p.m.
Dates and locations for the Solution Series and CheckFree APECS
Client/Server seminars are:
October 5 Park Hyatt Philadelphia October 20 Boston Back Bay Hilton
At the Bellvue 40 Dalton Street
Broad and Walnut Streets
Philadelphia Boston
October 6** Grand Hyatt New York November 9 Hyatt Charlotte at
South Park
Park Avenue at Grand 5501 Carnegie
Central Boulevard
New York City Charlotte
October 7 Doral Forrestal November 17 Union Station
100 College Road East 1001 Broadway
Princeton Nashville
October 14** Hyatt Regency Chicago November 18 Westin Peachtree Plaza
151 E. Wacker Drive 210 Peachtree Street
N.W.
Chicago Atlanta
October 19 Adam's Mark Kansas City December 7 Park Hyatt San
Francisco
9103 East 39th Street 333 Battery Street
Kansas City San Francisco
December 8** Hyatt Regency Los
Angeles
Macy's Plaza
711 South Hope Street
Los Angeles
** Indicates cities where CheckFree APECS Client/Server seminars will also
be held.
To register for the CheckFree seminar, contact Cheryl Hunter at
410-581-4491 or chunter@checkfree.com . Product information is available
through Ann Lago at 888-746-3448 or alago@checkfree.com .
CheckFree RECON-Plus for Windows
Since it was first introduced to the market in 1995, RECON-Plus for
Windows has quickly become the reconciliation system of choice for more than
150 banks and corporations in the United States, Canada and Europe. It
streamlines the reconciliation process for any organization-wide application,
whether check or non-check, including disbursement, depository, subledger,
wire transfer, debit/credit cards, Federal Reserve, bank accounts and more.
It also reduces fraud through daily deposit verification, allows for intra-day
investment opportunities and provides quicker cash concentration.
CheckFree RECON SOLVER
After items are automatically matched, reconciled and reported using
RECON-Plus for Windows, RECON SOLVER can guide exceptions automatically to
resolution using an organization's best business practices. For example,
RECON SOLVER can recognize such "standard" exceptions as bank service fees and
"mispostings" by applying your business logic. RECON SOLVER can also
automatically route exceptions to the appropriate department for resolution
without any manual intervention, thus saving valuable time.
Checker STORER
To complete the process, checker STORER provides access to a wide variety
of financial reporting data throughout an organization. This Enterprise
Report Tool provides a high integrity report-mining engine that delivers
access to reconciliation and backup information across the enterprise.
CheckFree Storer meets all legal and regulatory archive requirements by
utilizing optical disk jukebox technology. It eliminates paper storage
requirements, saving valuable time and money. Critical business information
is at the client's fingertips, versus hours spent searching archived paper
files.
About CheckFree
Founded in 1981, CheckFree (www.checkfree.com ), the operating subsidiary
of CheckFree Holdings Corp., is the leading provider of financial electronic
commerce services, software and related products. CheckFree designs, develops
and markets services that enable nearly three million consumers to receive and
pay bills over the Internet or electronically through a variety of bill
aggregation points, including banks, brokerage firms, portals and interactive
content sites on the Internet, and personal financial management (PFM)
software.
Certain of the Company's statements in this press release are not purely
historical, and as such are "forward-looking statements" within the meaning of
the Private Securities Litigation Reform Act of 1995. These include statements
regarding management's intentions, plans, beliefs, expectations or projections
of the future. Forward-looking statements involve risks and uncertainties,
including without limitation, the various risks inherent in the Company's
business, and other risks and uncertainties detailed from time to time in the
Company's periodic reports filed with the Securities and Exchange Commission,
including Form 10-K for the year ended June 30, 1998, Form 10-Q for the
quarter ended March 31, 1999, Form 8-K filed May 25, 1999 and the Company's
Registration Statement on Form S-3 (No. 333-79695) filed June 1, 1999, as
amended June 15, 1999. One or more of these factors have affected, and could
in the future affect, the Company's business and financial results in future
periods, and could cause actual results to differ materially from plans and
projections. There can be no assurance that the forward-looking statements
made in this document will prove to be accurate, and issuance of such forward-
looking statements should not be regarded as a representation by the Company,
or any other person, that the objectives and plans of the Company will be
achieved. All forward-looking statements made in this press release are based
on information presently available to management, and the Company assumes no
obligation to update any forward-looking statements.
SOURCE CheckFree Corporation
-0- 09/13/1999
/CONTACT: media relations, Heather Fields, 410-581-4547, or
hfields@balt.checkfree.com , or investor relations, Tina Moore, 678-375-1278,
or tmoore@checkfree.com , both of CheckFree Corporation/
/Web site: checkfree.com /
(CKFR) |
