SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Technology Stocks : CheckFree Holdings Corp. (CKFR), the next Dell, Intel? -- Ignore unavailable to you. Want to Upgrade?


To: Benny Baga who wrote (10201)9/16/1999 8:32:00 AM
From: Rob C.  Respond to of 20297
 
The company e-mail....

CheckFree Extends Agreement with Bank One to Include WingspanBank.com

ATLANTA (September 15, 1999) ? CheckFree (NASDAQ: CKFR), the leading
provider of financial electronic commerce processing and services, has
extended its processing agreement with Bank One to incorporate providing
services, including electronic billing and payment, to WingspanBank.com.

The agreement will enable CheckFree to provide electronic billing and
payment services architected for the Internet to WingspanBank.com. These
include "instant enrollment and use," which will enable consumers to sign
up for and immediately begin using electronic billing and payment services
through WingspanBank.com.

"We are very pleased to be working with Wingspan to develop services
specifically designed to work the way Internet users expect them to work,"
said Pete Kight, CheckFree Chairman and CEO. "We expect to create an
offering that conveys the unique style of WingspanBank.com, and will be
introducing the service to market soon."

About CheckFree
Founded in 1981, CheckFree (www.checkfree.com), the operating subsidiary of
CheckFree Holdings Corp., is the leading provider of financial electronic
commerce services, software and related products. CheckFree designs,
develops and markets services that enable nearly three million consumers to
receive and pay bills over the Internet or electronically through a variety
of bill aggregation points, including banks, brokerage firms, portals and
interactive content sites on the Internet, and personal financial
management (PFM) software. CheckFree's range of services and products are
focused on enabling customers to make electronic payments and collections,
automate paper-based recurring financial transactions and conduct secure
Internet transactions.

Certain of the Company's statements in this press release are not purely
historical, and as such are "forward-looking statements" within the meaning
of the Private Securities Litigation Reform Act of 1995. These include
statements regarding management's intentions, plans, beliefs, expectations
or projections of the future. Forward-looking statements involve risks and
uncertainties, including without limitation, the various risks inherent in
the Company's business, and other risks and uncertainties detailed from
time to time in the Company's periodic reports filed with the Securities
and Exchange Commission, including Form 10-K for the year ended June 30,
1998, and the Company's Registration Statement on Form S-3 (No. 333-79695)
filed June 1, 1999, as amended June 15, 1999. One or more of these factors
have affected, and could in the future affect, the Company's business and
financial results in future periods, and could cause actual results to
differ materially from plans and projections. There can be no assurance
that the forward-looking statements made in this document will prove to be
accurate, and issuance of such forward-looking statements should not be
regarded as a representation by the Company, or any other person, that the
objectives and plans of the Company will be achieved. All forward-looking
statements made in this press release are based on information presently
available to management, and the Company assumes no obligation to update
any forward-looking statements.

###
Media Relations Contact:
Terrie O'Hanlon
678-375-1452
tohanlon@checkfree.com



To: Benny Baga who wrote (10201)9/16/1999 9:05:00 AM
From: CAPT TONY  Respond to of 20297
 
I thought I posted full text yesterday, but I don't see it. It's not a full report, just part of AMBRO's morning highlights. Sorry if it's a repeat:

Symbol-CKFR $39.250 | 6/99A $0.04 NM
Rating Buy | 6/00E $(0.35) NM
Mkt. Cap MM $2,229 | 6/01E $0.20 NM
* WingspanBank.com to utilize CheckFree's bill payment services.
* CheckFree's goals reflect significant growth in billers and bill payment
subscribers.
* We believe that CKFR is distancing itself from its competition and has
significantly expanded its distribution through its Internet portal strategy.
* We anticipate that bill payment and presentment services will be offered
through both Quicken.com and Excite@Home by the end of this calendar year.
* We are maintaining our FY2000 and FY2001 estimates of $(0.35) and $0.20,
respectively.
* We are maintaining our BUY rating and $50 price target.