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Technology Stocks : BillServ.Com(BLLS) Going for the EBPP Market Small Billers

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To: Alohal who wrote (698)11/22/1999 8:59:00 PM
From: Julie Simmons   of 918
 
Today's announcement is the second agreement BLLs has with Sallie Mae. The original agreement was announced on July 27th.

billserv.com

Sallie Mae Enters Three Year Agreement with billserv.com for Electronic Bill Presentment and Payment Agreement to provide Sallie Mae's 2.6 million customers to review and pay their student loans online

They (SM) obviously appreciate and support the work BLLS is currently doing on their behalf and are comfortable enough to enter into a partnership on this new project.

I would expect this latest news for BLLS is worthy enough to be featured in next weeks Killen Report and will bring extra exposure for Billserv. I've also attached a portion of today's Killen report about demographics of billing.

North American Biller Demographics
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By 2005, over two-thirds of all repetitive bills in North America will be presented on the Web. By then, fortunes will have been won or lost, depending upon which billers embrace EBPP and which do not. This information is based on research conducted for our recently published study, Biller Demographics in North America.
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