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Technology Stocks : CheckFree Holdings Corp. (CKFR), the next Dell, Intel? -- Ignore unavailable to you. Want to Upgrade?

To: Dako who wrote (7339)	6/28/1999 8:22:00 PM
From: tktom	Read Replies (1) \| Respond to of 20297

These bad boys are kicking butts and taking names (in the press anyway)..If only Ckfr had a currency to take them out (They do use CF, however) Edify Wins Strategy Award For Electronic Bill Payment and Presentment Frost & Sullivan Recognizes Edify as the Leader in Electronic Payments Industry SANTA CLARA, Calif., June 21 /PRNewswire/ -- Edify Corporation (Nasdaq: EDFY - news), a leading global provider of Internet and voice e-Commerce portal solutions, announced today that Frost & Sullivan, an international marketing consulting company, has honored Edify with its prestigious ''Market Engineering Product Line Strategy Award.'' Based on in-depth interviews and analyses of companies in the electronic funds transfer (EFT) industry, Frost & Sullivan singled out Edify for making a positive contribution by being the first to offer financial institutions with a Consumer Banking Suite supporting bill presentment and bill payment capabilities. ''Such innovation and foresight continues to elevate Edify to the leadership position in the Internet banking space,'' said Norvin Leong, an industry analyst at Frost & Sullivan. The company's consumer-oriented Electronic Banking System covers an array of online banking features and capabilities. This depth in feature set distinguishes Edify from the rest of the field in terms of a product line strategy.'' Edify's Electronic Banking System (EBS) is a comprehensive direct banking solution that provides financial institutions the means to deploy personalized, content-rich electronic banking services via multiple channels including the Internet, telephone and personal financial management software. EBS Release 3 Consumer Banking Suite consists of the Electronic Banking System platform and 17 standard and optional modules -- the two newest of which are Electronic CheckBook and Electronic Bill Payment and Presentment (EBPP) designed for consumer direct banking services. The EBS Release 3 modules were created as an integrated electronic delivery system that provides sophisticated billing and payment management services that work in conjunction with leading third-party consolidators including CheckFree. EBPP brings repeat traffic to the financial institution's portal site allowing them to proactively offer content and services tailored to the customer's needs. ''Edify's consumer banking customers continue to demand aggressive and thorough bill presentment and payment solutions,'' said Jeffrey M. Crowe, president and CEO of Edify Corporation. ''The Frost & Sullivan award strongly confirms our leadership position. We will continue to innovate and offer groundbreaking products to further raise the bar and shape the direction of the online financial industry.'' In just two months since its introduction in April 1999, the Consumer Banking Suite has been licensed by over 115 financial institutions. These Edify customers range from the top 100 U.S. banks including Chase Manhattan, First Merchants and Mercantile Bank to a number of regional credit unions such as Boeing Credit Union, American Electronics Association Credit Union and Rockwell Credit Union. Edify's Consumer Banking Suite is also used by international banks in countries such as Australia (ANZ Bank, Bendigo Bank, Macquarie Bank, BankWest), New Zealand (Countrywide) and Italy (Banca di Roma, Cassa di Risparmio Perugia) as well as Internet-only banks like NetB@ank and CompuBank. Market Engineering Awards are based on Frost & Sullivan's research and consulting work in the U.S. Electronic Funds Transfer Software industry in 1998. Winners are selected from an in-depth analysis of the market competitors and interviews with those companies that make up the industry. The Frost & Sullivan research management team has reviewed these awards and the criteria used to select the winners to ensure that the competition and award system are as fair as possible given the subjective nature of market analysis and competitive assessment. About Frost & Sullivan Frost & Sullivan is an international marketing consulting and company that monitors the information technology industry for market trends, market measurements and strategies. This ongoing research is utilized to update a series of online research publications such as Banking, Financial and Retail Custom Subscription (www.frost.com/online) and to support industry participants with customized consulting needs. Additional information about Frost & Sullivan can be obtained at frost.com. About Edify Edify Corporation is a global leader providing Internet and voice e-Commerce portal solutions to intelligently manage customer relationships. The company's software offers organizations the means to automate, integrate, and personalize interactions with customers through multiple channels, yielding stronger, more profitable relationships. The company's software has been licensed to more than 1,250 organizations worldwide. Edify software is distributed directly and through leading solutions providers, application partners and distributors around the globe. With more than 470 employees, Edify Corporation is headquartered in Santa Clara, Calif. with international headquarters in London, England. On May 17, 1999, Edify Corporation announced that it has entered into an agreement to be acquired by Security First Technologies of Atlanta, Georgia (Nasdaq: SONE - news). Additional information about Edify may be obtained by calling 408-982-2000 (USA) or +44-181-263-2710 (Europe, Middle East, Africa) or via the World Wide Web at edify.com.