Some BILL news ---------------------------------------------------------- Monday February 8, 6:59 am Eastern Time
Company Press Release
Bridgewater Systems Adds Billing Concepts' Totalbill Product to the WideSpan Product Line for Flexible, Automated IP Services Billing
KANATA, Ontario, Canada--(BUSINESS WIRE)--Feb. 8, 1999--Bridgewater Systems Corporation, a leading supplier of intelligent software for IP service creation and control, today announced an integrated, flexible Internet services billing offering with Billing Concepts Corp. (Nasdaq: BILL - news).
''This Internet business solution addresses the overwhelming need among service providers for a much closer integration of policy-based management systems and billing applications,'' said Doug Somers, Bridgewater President and CEO. ''This is the first in a series of relationships that will allow us to capitalize on the open interface of WideSpan Intelligent Network by integrating other billing solutions, offering service providers billing systems that are synchronized with their IP services infrastructure.''
Bridgewater's WideSpan Intelligent Network is a scalable; industrial-strength platform that enables service providers to create and manage advanced Internet services. Service and user profiles defined in the WideSpan Service Controller can now be synchronized with real-time flow through of information with TotalBill for automatic rating, billing and payment.
''The WideSpan Intelligent Network equips service providers with tools to differentiate services, better manage growth, and control costs,'' said Greg Howard, Director of the service provider program at Infonetics Research. ''The addition of TotalBill to Bridgewater's Internet Business Solution will enable service providers to bill more accurately and will ultimately help IP service providers manage their IP services more profitably.''
TotalBill supports a wide range of customizable pricing structures, including flat rate, usage-based and promotional billing. Service providers can adjust pricing structures, define billing cycles, and generate invoices for mailing or electronic distribution to customers. Structures can be arranged to accommodate online credit card processing or to allow customers to automatically post payment to a service provider's bank account.
''TotalBill and the WideSpan Intelligent Network deliver a powerful end-to-end business solution that meets the real needs of today's service providers,'' said Parris H. Holmes, Jr., Chairman of the Board and Chief Executive Officer, Billing Concepts. ''It's inspiring to work with Bridgewater, a leading-edge company that has its finger on the pulse of IP industry needs.''
Bridgewater Systems is an advanced technology leader in policy-based management, directory services. In addition to flexible billing options, the WideSpan product family offers service providers centralized management of customer and service profiles, policy management for dial-up and dedicated Internet services, an open platform for Internet application integration, and customer self-administration. Bridgewater has offices in Canada, the U.S. and Europe. Please visit the Bridgewater Web site: www.bridgewatersys.com
Billing Concepts is one of the most experienced providers of comprehensive billing and customer care solutions to the communications industry. The Company has the ability to provide fast-to-implement and cost-effective convergent billing software to virtually any size company in the industry. Billing Concepts is also the largest third-party provider of billing clearinghouse and information services to the telecommunications industry. Billing Concepts supports multiple services such as Internet, PCS, cellular, paging, local service and long distance. With over 600 customers throughout North America, the Company offers billing solutions for service providers including LEC, CLEC, ILEC and ISP companies, from the newest entrants to some of the largest facilities-based providers in the industry. Headquartered in San Antonio, Texas, Billing Concepts maintains offices in Corpus Christi, Texas, Glendale, California and Albany, New York. Please visit the Billing Concepts web site: www.billingconcepts.com.
Certain statements contained herein are ''forward-looking'' statements (as such term is defined in the Private Securities Litigation 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. Factors that could cause results to differ materially from those expressed or implied by such forward-looking statements include, but are not limited to, those discussed in filings made by the Company with the Securities and Exchange Commission
Bridgewater, its logo, and WideSpan are trademarks of Bridgewater Systems Corporation
Contact:
Bridgewater Systems Corporation Vivian Kelly, 703/860-0707 vivian_kelly@interprose.com or Billing Concepts Terri A. Hunter, 210/949-7020 terri.hunter@billingconcepts.com
EOM---------------------------------------------------------------
also saw this...delayed action maybe BTW..TWNE looks very expensive on fundamantals.. --------------------------------------------------------------------
Wednesday February 3, 9:46 am Eastern Time
Company Press Release
SOURCE: Towne Services
Towne Services Offers Internet Bill Presentment & Payment Services
Signs Agreement with Princeton Telecom to Offer New Products
NORCROSS, Ga., Feb. 3 /PRNewswire/ -- Towne Services, Inc. (Nasdaq: TWNE - news) today announced it has signed an agreement with Princeton Telecom to provide Internet bill presentment and payment services giving consumers an option to receive and pay bills via the Internet. This new product will enhance Towne's on-line relationship with its merchant customers and is expected to reduce the cost of delivering and processing payments. This new offering will expand Towne's product line and enlarge its customer base to include individual consumers who have in-house accounts with Towne's merchants. EOM----------------------------------------------------------------
Jim in CT.. |