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

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To: jjs_ynot who wrote (711)11/29/1999 2:02:00 PM
From: Julie Simmons  Read Replies (1) of 918
 
Well we won't have to worry about the quotes on SI anymore.

billserv.com Clears Comment on Registration Statement

billserv.com Now Free to Continue Pursuing NASDAQ Listing

SAN ANTONIO--(BUSINESS WIRE)--Nov. 29, 1999--billserv.com Inc. (OTC BB:BLLS - news), an electronic bill presentment and payment service bureau, today announced it has cleared SEC comments on its Form 10 registration statement, paving the way for billserv.com to continue pursuing listing on NASDAQ.

Now that comments have been cleared, billserv.com's first move will be to obtain re-listing on the OTC Bulletin Board System, which billserv.com expects to take approximately 3-5 business days.

``We've successfully moved past a hurdle that will now enable us to focus more attention on getting listed on NASDAQ,' said Michael Long, chairman and CEO of billserv.com. ``We have already completed one open round of comments from NASDAQ, and we plan to move as quickly as possible through the NASDAQ listing process.'

About billserv.com

billserv.com Inc. (OTC BB:BLLS - news) 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.
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