PC Free Selects billserv.com to Provide Electronic Billing for PC Free Customers
billserv.com To Eliminate Paper Billing for All PC Free Transactions
SAN ANTONIO--(BUSINESS WIRE)--June 8, 1999--billserv.com (OTC BB:BLLS - news), a leading electronic bill presentment and payment (EBPP) service bureau, today announced it has been selected by PC Free to be the exclusive provider of electronic billing services to customers who purchase PC Free systems. PC Free is a New Hampshire company that markets bundled hardware, software, Internet, telephony and e-commerce solutions into complete computer systems for consumers.
PC Free will provide its worldwide customer base computer systems for a single monthly charge of $39.99, with no contract to sign, including: computer, monitor, keyboard, mouse, speakers, color printer, TV tuner card, hard and software metering solutions, digital broadcast reception capability, game playing console, and Smart Card technology, coupled with unlimited Internet access.
''billserv.com's electronic billing system will allow PC Free to present customers with monthly online invoices for our systems, and eliminate paper-based billing completely,'' said David Booth, PC Free president and CEO. ''After receiving their bill online, our customers can pay with an automatic debit from any existing banking account through our secure servers. Electronic billing can reduce the time it takes an average household to manage its bills, saving up to 45 minutes every week.''
''Providing its customers with the convenience of paperless, electronic billing not only demonstrates PC Free's market leadership, it points to where the overall market is headed with regard to how consumers will pay their all of their bills,'' said Michael Long, chairman and CEO of billserv.com. ''billserv.com is pleased to be working with PC Free, and we look forward to playing a role in their innovative model.''
PC Free will roll out its program on a market-by-market basis starting this summer through its national advertising agency, The Mesa Group, located in New York City. The PC Free systems also include internet access and search engine capability through Lycos.com (NASDAQ:LCOS - news), allowing users to purchase digital content such as music, movies, interactive entertainment, software, and information with the Wave Systems (NASDAQ:WAVX - news) E-Commerce system which can perform all content metering, decryption, authentication, measurements, and payment processing functions required for a
purchase.
About PC Free
PC Free, a privately held corporation located in Antrim, New Hampshire, is a strategic bundler of hardware, software, internet, telephony, and e-commerce into computer systems which include metering for ''rent-to-own'' digital content and broadcast material, in place of the common client/server models.
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 (eConsultingSM). 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 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.
Contact:
Davis.Comm Inc. (for billserv.com)
Media Contacts:
Jeff Davis or Kevin Manniko, 415/243-4442
jdavis@daviscomm.com or kmanniko@daviscomm.com
or
Investor Relations, 888/559-4184
or
Mesa Group (for PC Free)
Michael Sloser, 212/645-9666
mike@mesagrp.com |
