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

To: AugustWest who wrote (74)	11/11/1998 1:18:00 PM
From: Rob C.	Read Replies (1) \| Respond to of 20297

More news just out... Bundled Software and Services Offering Provides End-to-End Solution Mobius Management Systems, Inc. (Nasdaq:MOBI.O), a leading provider of software for document archiving and Internet viewing, and Atlanta-based CheckFree Corporation (Nasdaq:CKFR.O), a leading provider of electronic commerce processing services, today announced an agreement to jointly develop and market a complete offering for electronic bill presentment and payment (EBPP). Under the terms of the agreement, both companies will market a bundled offering comprising Mobius's DocumentDirect(R) for the Internet software and CheckFree's payment and consolidation services, providing an end-to-end EBPP solution to billers and aggregators. Mobius's DocumentDirect for the Internet/EBPP software leverages market-leading technology for bill archiving and retrieval, supporting the bill preparation and delivery phases of the EBPP cycle. CheckFree provides full payment capabilities, supplying audit trail data back to the Mobius archive for integration with the biller's customer support systems and completing a cohesive round-trip EBPP cycle. "This comprehensive solution offers a single, integrated billing infrastructure that can simultaneously generate electronic or paper-based billing information, as well as provide payment processing and storage," said Mark A. Johnson, vice chairman, business development of CheckFree. Johnson explained that the two companies are installing Mobius software at CheckFree's ECenter, which will allow billers to outsource their billing operations backed by the Mobius/CheckFree solution. "Once a biller is up and running, they will always have the option of installing their own Mobius software and operating the system in-house." "We're pleased to be working with the leading provider of billing and payment services in bringing this solution to billers, banks and service bureaus," said Mitchell Gross, president and CEO ofMobius Management Systems, Inc. "CheckFree and Mobius together have more than 30 years of experience in archiving, presenting and processing bills and payments for some of the largest organizations in the world. Our expertise will simplify EBPP implementation and provide competitive differentiation to our mutual customers." About CheckFree Founded in 1981, CheckFree (www.checkfree.com), the operating subsidiary of CheckFree Holdings Corporation, is the leading provider of electronic commerce services, software and related products for more than 2.5 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 Mobius Mobius Management Systems, Inc. (www.mobius-inc.com) is a leading provider of enterprise-wide Electronic Document Warehouse solutions in support of improved customer service and productivity. Founded in 1981, the company develops and markets a complete family of software products to integrate and archive large volumes of diverse documents and transactions and make them available over corporate networks and the Internet. Mobius products are used by more than 1,200 organizations worldwide, including banks, insurance companies, financial services providers, and telecommunications companies. More than half of the Fortune 100 companies use Mobius software. (c) Copyright 1998. Mobius Management Systems, Inc. All Rights Reserved. All trademarks are the property of their respective owners. --30--kms/bos* mb/bos CONTACT: Mobius Management Systems, Inc. Abby Pinard 914-921-7323 or Press Relations Dorfman Wellnitz & Associates Bill Dorfman 781-235-3424 or Investor Relations Morgen-Walke Associates, Inc. Constance Bienfait 212-850-5682 or CheckFree Corporation Laurinda Wilson 770-840-1608 lwilson@checkfree.com or Investor Relations Terrie O'Hanlon 770-734-1452 tohanlon@checkfree.com KEYWORD: NEW YORK INDUSTRY KEYWORD: COMED COMPUTERS/ELECTRONICS Today's News On The Net - Business Wire's full file on the Internet with Hyperlinks to your home page. URL: businesswire.com Copyright 1998, Business Wire