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To: Jeff Jordan who wrote (9853)	6/1/1998 9:40:00 AM
From: Jenna	Read Replies (1) \| Respond to of 120523

TOM reports on Friday. Any weakness during the week will add to its appeal by Thursday/Friday.

To: Jeff Jordan who wrote (9853)	6/1/1998 10:09:00 AM
From: Susan Saline	Read Replies (1) \| Respond to of 120523

>>> CKFR buy range CKFR and UCMP are holding hands Monday June 1, 8:31 am Eastern Time Company Press Release SOURCE: CheckFree Corporation CheckFree and UniComp Alliance to Offer New ACH Return Item Processing Module ATLANTA, June 1 /PRNewswire/ -- At its 1998 Corporate Banking User Conference in Orlando, Fla., today, CheckFree (Nasdaq: CKFR - news) announced a strategic business alliance with Marietta, Ga.-based UniComp (Nasdaq: UCMP - news). As a result of this alliance, CheckFree and UniComp are introducing a new automated clearing house (ACH) return item processing module, Returnworks. This module has been developed by UniComp and will be offered by CheckFree as an optional enhancement to its ACH Alliance Processing platform and PEP+ application software. Under the two-year alliance agreement, CheckFree will provide marketing and front-line support for Returnworks. UniComp will continue system development and provide integration support. Returnworks runs on Windows- based(TM) client/server architecture and is fully integrated with CheckFree's PEP+ ACH processing system. The CheckFree Corporate Banking User Conference is an annual conference that provides CheckFree's corporate banking customers with an opportunity to learn more about optimizing CheckFree's software solutions. The benefits of Returnworks include automated return item sorting based on corporate parameters and item history; a flexible resubmit calendar with timing determined by the originator; automated return fee generation that complies with applicable state laws and reduces collection time; and monthly analysis reports to assist the originator in improving return processing compared to other corporations. ''As the leader in payment processing, CheckFree is always looking for ways to enhance the functionality of our products,'' said Sean Feeney, president of CheckFree Software. ''Returnworks offers an opportunity to both reduce costs and increase revenue for our customer banks.'' UniComp CEO Stephen Hafer added, ''Given the rapid increase of ACH transactions originating from non-traditional methods, such as point-of-sale (POS) and electronic bill presentment and payment, the number of ACH return items will grow significantly over the next several years. This is occurring at the same time that consolidation within the banking industry is creating much larger ACH processing departments. Returnworks will help financial institutions manage the increasing return items volume accurately, promptly and efficiently.'' There are 6 billion ACH payments made each year, and NACHA estimates that 8 billion will be made in the year 2000. Currently, more than two-thirds of all ACH transactions are processed through CheckFree's ACH Alliance Processing platform or PEP+ application software. The ACH alliance option creates an opportunity for financial institutions to move ACH transaction processing from their own system to CheckFree. As the developer of the leading ACH processing software, CheckFree is in a unique position to take full advantage of the capabilities of the software while providing banks of all sizes a cost-effective alternative with virtually unlimited capacity. CheckFree offers established, high-volume processing capacity and industry-leading disaster recovery services for ACH processing. About CheckFree Founded in 1981, CheckFree (www.checkfree.com) is the leading provider of electronic commerce services, software and related products for more than 2.4 million consumers, 1,000 businesses and 850 financial institutions. CheckFree designs, develops and markets services that enable its customers to make electronic payments and collections, automate paper-based recurring financial transactions, and conduct secure transactions on the Internet. About UniComp UniComp, Inc. (www.unicomp.com) develops, markets and supports platform- migration, vertical market applications and payment processing systems for WindowsO NT and UNIX-based computer systems and point of transaction processors worldwide. UniComp licenses its technology to a cross section of industries including manufacturing, distribution, transportation, public- sector, point-of-sale and transaction processors. Additionally, UniComp provides installation, training, systems integration, support and Year 2000 services, serving a worldwide network of end user customers, dealers and distributors. UniComp has over 30,000 installations in more than 55 countries worldwide.