billserv.com Comments on Listing Status
Confirms Reporting Status
OTC BB Symbol Changed to BLLSE
SAN ANTONIO--(BUSINESS WIRE)--Sept. 13, 1999--billserv.com Inc. (OTC BB:BLLSE), a leading electronic bill presentment and payment (EBPP) service bureau, today announced that the NASD's OTC BB has changed its symbol to ``BLLSE' until such time as the SEC closes the comment period with regard to the Company's Form 10 registration statement.
Although billserv.com is currently a reporting company with the SEC and is current in its filings, the SEC has yet to confirm that it has no further comments with regard to the Company's registration statement, which was originally filed on June 11, 1999. The Company's registration statement went effective on Aug. 11, 1999.
billserv.com believes there are no significant issues remaining which would cause further comment from the SEC. Therefore, the Company believes it will meet the OTC BB's compliance deadline of mid-October 1999. The registration statement review, however, is subject to the schedules and resources of the SEC and the Company cannot speculate on the final date upon which the review process will conclude.
The Company continues to seek approval for listing on Nasdaq.
About billserv.com
billserv.com Inc. (OTC BB:BLLS) is an electronic bill presentment and payment service bureau that provides middle-market 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 in-house 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.
Contact:
Davis.Comm Inc. (for billserv.com)
Media Contact:
Jeff Davis or Kevin Manniko, 415/837-3939
jdavis@daviscomm.com
kmanniko@daviscomm.com
or
Investor Relations, 888/559-4184 |
