Subj: PC Free Selects billserv.com to Provide Electronic...
Date: 6/8/99 7:36:11 AM Central Daylight Time
From: AOL News
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), 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), allowing users to purchase digital content such as
music, movies, interactive entertainment, software, and information with the Wave
Systems (NASDAQ:WAVX) 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) 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
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