edocs keeps issuing press releases with the same information. One wonders if they (edocs) didn't just hire Mr. Moran for the PR of being linked with CKFR by association. Sorry for the long post.
News June 10, 08:16 Eastern Time
BOSTON (June 10) BUSINESS WIRE -June 10, 1998--edocs, a leading provider of Internet
billing solutions, announced today that Jim Moran, former Senior Vice President for
CheckFree Corporation's (NASDAQ: CKFR) Electronic Commerce Division, has joined
edocs founding management team with responsibility for Sales & Marketing.
"We are extremely fortunate to have an impact player like Jim," said Kevin Laracey, CEO of
edocs. "He was a key member of the management team that led CheckFree through
dramatic growth over the past four years. His operational experience and bill presentment &
payment knowledge makes him a natural to help guide edocs through a period of explosive
growth."
Prior to CheckFree, Jim held senior management and sales positions with the high tech
organizations Infinium Software (NASDAQ: INFM), Storage Technology (NYSE: STK) and
EMC Corporation (NYSE: EMC). Moran also serves on the Board of Directors at BancFirst
Ohio Corporation (NASDAQ: BFOH).
First Internet Billing Company to Gain Top Tier Venture Financing
edocs closed its first round of venture capital financing led by Charles River Ventures and
Sigma Partners LLP, two of the nation's leading early stage venture capital firms.
Previously, these firms have backed outstanding high tech companies such as Sybase,
Edify, Vermeer and Internet Security Systems, among others.
"The market for Internet billing solutions is expanding rapidly and edocs' unique
combination of a strong management team, key alliances and exceptional technology
makes them the leader in this space," said Ted Dintersmith, General Partner, Charles River
Ventures.
Among the benefits of the edocs BillDirect solution are:
Cost Savings BillDirect reduces costs associated with
printing and mailing bills Investment
Preservation BillDirect Interfaces with existing legacy
billing systems One-to-One Marketing BillDirect leverages the Internet and the
billing process to deepen customer
relationships Improved Customer Care BillDirect
enables customers to view and
interact with historical billing
information via the web
Rapid Application BillDirect features an intuitive application
Development development environment
"edocs is the company to watch in the market for Internet billing solutions. Not only does
BillDirect make it easy to reengineer legacy billing system output into web content, it also
enables the biller to reduce printing and mailing costs, improve cash management & float,
reduce customer care issues and increase customer loyalty," explained Bob Davoli of
Sigma Partners LLP.
About edocs
Founded in 1996, edocs' BillDirect Internet billing solution enables companies to leverage
the Internet and the billing process to deepen customer relationships and dramatically
reduce the costs associated with bill delivery and remittance processing. BillDirect works in
conjunction with legacy billing systems and enables the delivery of richly formatted,
interactive bills allowing the biller to realize the benefits of customer care, cross sell, and
cost savings associated with Internet billing. For more information on edocs please visit the
company Web site at www.edocs.com
DP/at*
CONTACT: edocs
Jim Moran, 614/855-0757
jmoran@edocs.com
www.edocs.com
or
Kevin Laracey, 818/707-0330
klaracey@edocs.com
www.edocs.com
KEYWORD: MASSACHUSETTS
INDUSTRY KEYWORD: COMPUTERS/ELECTRONICS COMED
INTERACTIVE/MULTIMEDIA/INTERNET BANKING MANAGEMENT CHANGES Today's
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