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Technology Stocks : CheckFree (CKFR) -- Ignore unavailable to you. Want to Upgrade?

To: TLindt who wrote (5083)	6/11/1998 9:20:00 AM
From: jjs_ynot	Respond to of 8545

>>> There is something in here, I just haven't figured out what... I think that what you see is the convergence of communication (AT&T as ISP), media and content (XCIT as portal, media channel provider) and commerce (CKFR with newly empowered Point of sale capability via VISA). The stakes are getting big and the biggest players are getting interested. Note that GE (the largest market cap company in the world I believe and owner of NBC and whose GE Capital subsidiary is a financial giant) just took a big position in GNET. Or maybe I'm just still in a morning after (last night's game) high.

To: TLindt who wrote (5083)	6/11/1998 9:26:00 AM
From: jjs_ynot	Read Replies (1) \| Respond to of 8545

edocs keeps issuing press releases with the same information. One wonders if they (edocs) didn't just hire Mr. Moran for the PR of being linked with CKFR by association. Sorry for the long post. News June 10, 08:16 Eastern Time BOSTON (June 10) BUSINESS WIRE -June 10, 1998--edocs, a leading provider of Internet billing solutions, announced today that Jim Moran, former Senior Vice President for CheckFree Corporation's (NASDAQ: CKFR) Electronic Commerce Division, has joined edocs founding management team with responsibility for Sales & Marketing. "We are extremely fortunate to have an impact player like Jim," said Kevin Laracey, CEO of edocs. "He was a key member of the management team that led CheckFree through dramatic growth over the past four years. His operational experience and bill presentment & payment knowledge makes him a natural to help guide edocs through a period of explosive growth." Prior to CheckFree, Jim held senior management and sales positions with the high tech organizations Infinium Software (NASDAQ: INFM), Storage Technology (NYSE: STK) and EMC Corporation (NYSE: EMC). Moran also serves on the Board of Directors at BancFirst Ohio Corporation (NASDAQ: BFOH). First Internet Billing Company to Gain Top Tier Venture Financing edocs closed its first round of venture capital financing led by Charles River Ventures and Sigma Partners LLP, two of the nation's leading early stage venture capital firms. Previously, these firms have backed outstanding high tech companies such as Sybase, Edify, Vermeer and Internet Security Systems, among others. "The market for Internet billing solutions is expanding rapidly and edocs' unique combination of a strong management team, key alliances and exceptional technology makes them the leader in this space," said Ted Dintersmith, General Partner, Charles River Ventures. Among the benefits of the edocs BillDirect solution are: Cost Savings BillDirect reduces costs associated with printing and mailing bills Investment Preservation BillDirect Interfaces with existing legacy billing systems One-to-One Marketing BillDirect leverages the Internet and the billing process to deepen customer relationships Improved Customer Care BillDirect enables customers to view and interact with historical billing information via the web Rapid Application BillDirect features an intuitive application Development development environment "edocs is the company to watch in the market for Internet billing solutions. Not only does BillDirect make it easy to reengineer legacy billing system output into web content, it also enables the biller to reduce printing and mailing costs, improve cash management & float, reduce customer care issues and increase customer loyalty," explained Bob Davoli of Sigma Partners LLP. About edocs Founded in 1996, edocs' BillDirect Internet billing solution enables companies to leverage the Internet and the billing process to deepen customer relationships and dramatically reduce the costs associated with bill delivery and remittance processing. BillDirect works in conjunction with legacy billing systems and enables the delivery of richly formatted, interactive bills allowing the biller to realize the benefits of customer care, cross sell, and cost savings associated with Internet billing. For more information on edocs please visit the company Web site at www.edocs.com DP/at* CONTACT: edocs Jim Moran, 614/855-0757 jmoran@edocs.com www.edocs.com or Kevin Laracey, 818/707-0330 klaracey@edocs.com www.edocs.com KEYWORD: MASSACHUSETTS INDUSTRY KEYWORD: COMPUTERS/ELECTRONICS COMED INTERACTIVE/MULTIMEDIA/INTERNET BANKING MANAGEMENT CHANGES Today's News On The Net - Business Wire's full file on the Internet with Hyperlinks to your home page. URL: businesswire.com