billserv.com and NETdelivery Corporation Form Marketing Alliance to Deliver Electronic Bills
Wednesday May 12, 8:18 am Eastern Time
Company Press Release
billserv.com and NETdelivery Corporation Form Marketing Alliance to Deliver Electronic Bills
Agreement Provides billserv.com With Additional Bill Presentment Option for Billers
SAN ANTONIO--(BUSINESS WIRE)--May 12, 1999--billserv.com, Inc. (OTC BB:BLLS - news), a leading electronic bill presentment and payment (EBPP) service bureau, today announced a joint marketing alliance with NETdelivery Corporation that gives billserv.com an additional delivery option for its customers to present bills to consumers over the Internet. The alliance supports billserv.com's strategy of enabling consumers to electronically pay their bills wherever they choose.
Under the agreement, billserv.com will market NETdelivery's Electronic Data Management(TM) (EDM) solution as a bill presentment and payment interface for billserv.com's billing customers. NETdelivery's EDM is available either as a browser-based EBPP solution or as a downloadable PC-based software that retrieves consumer bills from providers such as billserv.com and presents them to consumers for payment.
''NETdelivery offers an innovative model for reaching Web-savvy consumers who want to pay their bills electronically, and we're pleased to give our billing customers more options for reaching these consumers,'' said Michael Long, CEO and chairman of billserv.com. ''NETdelivery's EDM solution is a perfect match with our business strategy, and we look forward to working with NETdelivery.''
''billserv.com and its service bureau model creates a great partnership for NETdelivery to reach more billers with a cost-effective EBPP solution,'' said Dick Stranger, NETdelivery CEO. ''We look forward to working with billserv.com to further extend our reach into the online billing community and to help move the electronic billing industry forward.''
About NETdelivery Corporation
Founded in 1995 and headquartered in Boulder, Colorado, NETdelivery Corporation developed and patented the Electronic Delivery Management technology enabling electronic delivery of personalized documents via the Internet. Today, the company is a leader in the emerging electronic billing and payment market. NETdelivery recently delivered its EDM software to the Canada Post Corporation to create an Electronic Post Office Box(TM) for all Canadian citizens. The company's products and services offer electronic delivery that lower costs for businesses and add convenience for consumers, but also enable strong one-to-one relationships between business and their customers. For more information, visit www.netdelivery.com.
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 consolidators by aggregating customer billing information from multiple billers, and then securely delivering it to consolidators. billserv.com has four product offerings: Internet billing clearinghouse services (eServ)(SM), ePublishing(SM), customer care services (eCare)(SM) and professional consulting services (eConsulting)(SM). For additional information, visit www. 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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Contact:
billserv.com
Investor Relations, 888/559-4184 or 210/344-8355
or
Davis.Comm Inc. (for billserv.com)
Jeff Davis or Kevin Manniko, 415/243-4442
jdavis@daviscomm.com or kmanniko@daviscomm.com
or
NETdelivery Corporation
Laura Reed, 303/245-7352
lreed@netdelivery.com
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