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

To: Benny Baga who wrote (12762)	12/16/1999 1:33:00 PM
From: zuma_rk	Read Replies (1) \| Respond to of 20297

Very interesting mid-day release. Look at the source - I guess those warrants are starting to have some impact... biz.yahoo.com ********** Thursday December 16, 12:02 pm Eastern Time Company Press Release SOURCE: Bank One Corporation Your Bill is in the Mail . . . Or Not GTE Joins Growing List of Companies to Offer Online Bill Delivery Through www.bankone.com CHICAGO and IRVING, Texas, Dec. 16 /PRNewswire/ -- BANK ONE CORPORATION (NYSE: ONE - news), one of the leading providers of online financial services, and GTE (NYSE: GTE - news), one of the leading telecommunications providers, announced today that GTE local service customers in four states (Indiana, Ohio, Texas and Washington) and GTE wireless customers nationwide are the first GTE customers to be able to receive and pay GTE bills over the Internet through www.bankone.com. ``Customers told us that one of the services they want most is online bill delivery and payment,' said Wayne Irwin, assistant vice president of Web commerce for GTE. ``Our research also showed that trusted financial institutions like Bank One are preferred providers for receiving and paying bills online.' ``Leading companies like GTE and their customers are embracing the idea that you can receive, pay and track bills over the Internet, in the convenience of your home or office, 24 hours a day, without a trip to the mailbox,' said Glen Cataline, vice president of operations and online services, Bank One Retail Group. The agreement with GTE expands the total number of companies delivering bills online through the Bank One financial supersite www.bankone.com to 30. It is anticipated that GTE wireline (local) customers in California, Florida, Hawaii, North Carolina, Pennsylvania, South Carolina and Virginia will gain access to bill delivery services in the first quarter of the year 2000. In addition to making GTE local service customer bill delivery possible through www.bankone.com, GTE recently introduced electronic bill delivery through its corporate Website, www.gte.com. Through the Website, GTE customers can register for online billing through Bank One and other vendors such as CheckFree (Nasdaq: CKFR - news), which provides electronic bill delivery and payment systems and is a Bank One partner. Last April, Bank One became the first company in the country to introduce online bill delivery services through Integrion Financial Network, generally thought of as a consortium of banks offering online banking services. The introduction and continuing expansion of electronic bill payment and delivery adds to a growing list of Bank One innovations in online banking. In November 1998, Bank One signed an exclusive agreement with Excite Inc. to create a full-service financial center through leading portal Excite.com, now called Excite@home.com. In January, Bank One introduced the online ``50/50 Home Equity Loan,' which can be approved within 50 seconds in 50 states. This month, Bank One introduced the bankonewallet, a service that makes online shopping faster and easier by storing account numbers, billing and shipping information and payment instructions in a ``virtual wallet.' About Bank One BANK ONE CORPORATION (NYSE: ONE - news), headquartered in Chicago, is the nation's fourth largest bank holding company, with assets of more than $260 billion. Bank One offers a full range of financial services to commercial and business customers and consumers. The company is the world's largest issuer of Visa cards, the third largest lender to small businesses, one of the top 25 managers of mutual funds and a major national automotive lender. Bank One operates more than 1,900 banking centers and a nationwide network of ATMs. Bank One is a major commercial bank in the United States and in selected international markets. About GTE With 1998 revenues of more than $25 billion, GTE is a leading telecommunications provider with one of the industry's broadest arrays of products and services. In the United States, GTE provides local service in 28 states and wireless service in 17 states, as well as nationwide long distance, directory and internetworking services ranging from dial-up Internet access for residential and small business customers to Web-based applications for Fortune 500 companies. Outside the United States, the company serves customers on five continents. Additional information about GTE can be obtained at www.gte.com. SOURCE: Bank One Corporation