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


To: Charlie Smith who wrote (20126)9/9/2003 11:47:52 AM
From: StocksMan  Read Replies (1) | Respond to of 20297
 
CheckFree Financial and Compliance Solutions and Fidelity Information Services Renew and Expand Marketing Agreement

Tuesday September 9, 9:30 am ET

ATLANTA, Sept. 9 /PRNewswire-FirstCall/ -- CheckFree Financial and Compliance Solutions (CFACS), a business unit of CheckFree Corporation (Nasdaq: CKFR - News); Fidelity National Financial, Inc. (NYSE: FNF - News), a Fortune 500 provider of products, services and solutions to the real estate and financial services industries; and Fidelity Information Services (Fidelity), a division of Fidelity National Financial; today announced the extension of their relationship to cooperatively market CheckFree's reconciliation and abandoned property management software solutions. Fidelity currently markets the CheckFree ARP/SMS(TM) automated real time positive pay system to its banking clients. Additionally, the new agreement enables Fidelity to market CheckFree RECON-Plus(TM) for Windows® and CheckFree APECS(TM), the company's abandoned property escheatment and compliance system.

"This collaboration accelerates Fidelity's ongoing evolution into a fully diversified provider of solutions to the financial services industries," said Roger Leitner, president of the Enterprise Banking Solutions division of Fidelity Information Services. "CheckFree pioneered automated bank reconciliation systems more than 30 years ago and is the recognized market- leader in reconciliation solutions to banks a~d fi~ancial services firms worldwide. The depth of CheckFree's ecdablished reconciliation and compliance experience allows Fide|idy to provide a trusted recommendation to our banking clients."

"As the leader in information-based technology solutions, Fidelity provides systems and processing services to leading financial services firms in more than 50 countries," said Mark Zill, senior vice president and general manager of CheckFree Financial and Compliance Solutions. "Expanding our agreement with Fidelity showcases our commitment to meet the technology challenges of financial services firms worldwide, whether directly or cooperatively with strategic partnerships. . ."

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