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Technology Stocks : BillServ.Com(BLLS) Going for the EBPP Market Small Billers -- Ignore unavailable to you. Want to Upgrade?

To: Julie Simmons who wrote (571)	9/28/1999 10:01:00 AM
From: Julie Simmons	Read Replies (1) \| Respond to of 918

More news out today - not yet on Yahoo. billserv.com Signs Agreement with Central Hudson to Provide Electronic Bill Presentment and Payment Services; billserv.com Expands Geographic Reach Into New York's Hudson River Valley SAN ANTONIO--(BUSINESS WIRE)--Sept. 28, 1999--billserv.com Inc. (OTC BB:BLLSE) (OTC BB:BLLS), a leading electronic bill presentment and payment (EBPP) service bureau, today announced it has signed an agreement with Central Hudson Gas & Electric Corporation, a New York State utility provider, to develop an EBPP system allowing Central Hudson customers to receive and pay bills on the Internet. Central Hudson serves a population of more than 623,000 throughout an eight-county area in New York State, stretching from 25 miles north of New York City to 10 miles south of Albany. Following a pilot implementation phase scheduled to begin immediately, billserv.com's EBPP system will create new bill presentment and payment options for Central Hudson customers. Currently, Central Hudson customers can pay their utility bills online directly from the Central Hudson Web site (www.centralhudson.com), however the billserv.com system will create new options for customers wanting to pay their utility bills at Web sites that use bill payment aggregators such as CheckFree, TransPoint and Bank of America. "Our business development efforts are continuing to build momentum and expand throughout various regions of the United States, and Central Hudson represents a solid entry into the Northeast market," said Michael Long, chairman and CEO of billserv.com. "Central Hudson is currently demonstrating a strong commitment to providing EBPP services to its customers, and what billserv.com will bring to the table will create a wider range of bill payment options." "With more and more of our customers requesting the ability to pay their bills online, we needed to find a cost-effective, dependable system to meet their needs. Now, billserv.com allows us to offer the convenience and functionality of online bill payments to our customers, while reducing our expenses and minimizing our in-house programming responsibilities," said Charles A. Freni, Central Hudson's manager of customer account services. "Clearly, our business relationship with billserv.com represents a win-win for Central Hudson and our customers." About Central Hudson Central Hudson Gas & Electric Corporation is a combination electric and natural gas utility serving approximately 270,000 customers in New York State's Mid-Hudson Region. With more than $500 million in annual revenues, Central Hudson is a full-service provider of energy and energy services to industrial, commercial and residential customers in one of the fastest-growing portions of the Northeast region. Founded in 1900, the company is considered one of the most agile players in the nation's increasingly deregulated marketplace, due to its low rates and growing service territory. Despite a changing industry, however, Central Hudson retains its century-long commitment to creating highly satisfied customers, and is focused on ways to meet their evolving energy needs. About billserv.com billserv.com Inc. (OTC BB:BLLSE) (OTC BB:BLLS) is an electronic bill presentment and payment service bureau that provides middle-market 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 aggregators by consolidating customer billing information from multiple billers, and then securely delivering it to aggregators. billserv.com has four product offerings: (eServ(sm)), Internet billing clearinghouse services for EBPP; (ePublishing(sm)), electronic publishing services for online statement delivery; (eCare(sm)), an interactive customer care center operation; and (eConsulting(sm)), professional consulting services for billing organizations offering in-house bill presentment. 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 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.