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Technology Stocks : CheckFree (CKFR)

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To: TLindt who wrote (4712)	5/29/1998 5:42:00 PM
From: TLindt	Read Replies (2) of 8545

TSYS(R) Signs Sears, Roebuck and Co. for Card Processing Services TSYS to Undertake Industry's Largest Conversion Strengthens TSYS' Strategic Private Label Initiatives Part B. COLUMBUS, Ga., May 14 /PRNewswire/ -- Total System Services, Inc.(R) (NYSE: TSS - news; TSYS(R)) today announced the signing of a long-term processing agreement with Sears, Roebuck and Co. (NYSE: S - news; Sears) to convert and process its private-label portfolio on TSYS' state-of-the-art Year 2000 compliant TS2(R) Cardholder System. This conversion of 60 million accounts will be the largest in the history of the credit card industry. Part A. Continuing our commitment to develop and deliver new products and services to our clients, we announced an alliance with CheckFree (Nasdaq: CKFR - news) which will allow cardholders of TSYS clients to receive and pay their credit card bills over the Internet. Guess it just sounded like news to Michigan Idiots...have a great weekend

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