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

To: King David who wrote (791)	1/31/2000 12:53:00 PM
From: Julie Simmons	Read Replies (1) \| Respond to of 918

I'm awake today, here is the latest news. billserv.com Strengthens Leadership Position by Forming First Electronic Bill Distribution Agreement with CyberBills SAN ANTONIO--(BUSINESS WIRE)--Jan. 31, 2000--billserv.com Inc. (OTC BB:BLLS), an electronic bill presentment and payment (EBPP) service bureau, today announced it has signed a distribution agreement with CyberBills, the pioneer in offering Total Bill Management(tm) over the Internet. Under the agreement, billserv.com will transmit electronic bills from its base of biller customers to consumer members of CyberBills' various channel partners and lifestyle portal, StatusFactory.com. ``CyberBills is an ideal partner for billserv.com because our service bureau model calls for partnering with a variety of channels to distribute as many electronic bills as possible,' said Michael Long, chairman and CEO of billserv.com. ``CyberBills has a strong market position, and we're pleased to form an electronic bill distribution agreement which will benefit both billers and consumers.' CyberBills' online bill payment and presentment service gives consumers the ability to receive, view, pay, manage and automate 100 percent of their bills, whether paper or electronic, on CyberBills' consumer lifestyle portal, StatusFactory.com, or through its many channel partners. The agreement with CyberBills further strengthens billserv.com's leadership position in the rapidly growing EBPP market by providing billers with the industry's widest bill distribution network. By working with CyberBills' and billserv.com's other distribution partners, billserv.com's expansive distribution network will enable consumers to choose where they want to receive and pay their bills electronically, thus greatly increasing acceptance rates among consumers and within the industry as a whole. ``Partnering with billserv.com clearly fits within our strategy to offer our customers additional conveniences in bill management such as access to billserv.com's growing network of electronic billers,' said Bob Murphy, vice president of marketing at CyberBills. About CyberBills CyberBills, based in Santa Clara, Calif., is the first company to offer Total Bill Management(tm) service over the Internet. CyberBills provides consumers and small businesses with a compelling and convenient way to view, pay, manage and automate all of their bills online, whether paper or electronic. Total Bill Management is available through CyberBills' channel partners as a private-label service and is also offered directly to consumers at StatusFactory.com, a consumer lifestyle portal. StatusFactory.com's service is backed by the ``StatusFactory Guarantees' program, a comprehensive set of consumer guarantees which include security, accuracy, time-savings, excellent customer service, and cost-savings, among others. CyberBills remains a pioneer in consumer and small business Internet services by continually expanding its vision of consolidating customer' daily tasks online. For more information about CyberBills, visit www.cyberbills.com or www.statusfactory.com. About billserv.com Inc. billserv.com Inc. (OTC BB:BLLS) is an electronic bill presentment and payment service bureau that provides 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. Contact: Davis.Comm Inc. (for billserv.com) Media Contacts: Jeff Davis or Kevin Manniko, 415/837-3939 jdavis@daviscomm.com kmanniko@daviscomm.com or Investor Relations Contact: billserv.com Jack Roney, 210/402-5160 jack.roney@billserv.com or Investor inquiries: 888/559-4184 or Fineman Associates Public Relations (for CyberBills) Kristina Fehn or Michael Fineman, 415/777-6933 kfehn@finemanpr.com mfineman@finemanpr.com