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Technology Stocks : CheckFree(CKFR) news only

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To: AugustWest who wrote ()9/16/1999 7:43:00 AM
From: AugustWest  Read Replies (1) of 103
 
CheckFree Extends Agreement With Bank One to Include WingspanBank.com
ATLANTA, Sept. 15 /PRNewswire/ -- CheckFree (Nasdaq: CKFR - news), the leading provider of financial electronic commerce processing and services, has extended its processing agreement with Bank One to incorporate providing services, including electronic billing and payment, to WingspanBank.com.

The agreement will enable CheckFree to provide electronic billing and payment services architected for the Internet to WingspanBank.com. These include ''instant enrollment and use,'' which will enable consumers to sign up for and immediately begin using electronic billing and payment services through WingspanBank.com.

''We are very pleased to be working with Wingspan to develop services specifically designed to work the way Internet users expect them to work,'' said Pete Kight, CheckFree Chairman and CEO. ''We expect to create an offering that conveys the unique style of WingspanBank.com, and will be introducing the service to market soon.''

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. CheckFree's range of services and products are focused on enabling customers to make electronic payments and collections, automate paper-based recurring financial transactions and conduct secure Internet transactions.

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, 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
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