Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

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

To: TLindt who wrote (84)	11/11/1998 6:53:00 PM
From: Brooks Jackson	Respond to of 20297

Another lash-up that has the potential to shoot a lot of business CKFR's way: Pitney Bowes and @work Technologies Provide Integrated Solution For Internet Bill And Statement Delivery DANBURY, Conn.--(BUSINESS WIRE)--Nov. 11, 1998-- "Vendors Join Forces to Add Internet Capabilities to Production Mail Operations" Pitney Bowes Inc. (NYSE: PBI), a world leader of mail and messaging management, and @Work Technologies Inc. (New York, NY), a leading vendor of Internet bill and statement distribution software, announced today that they have implemented an Internet billing solution that is seamlessly integrated with existing production mail operations. Pitney Bowes has incorporated @Work's WorkOut(TM) server into the Pitney Bowes Digital Document Delivery (D3) platform, an end-to-end messaging solution. The D3 solution provides billers with a comprehensive platform for rendering, distributing, tracking and processing bills previously distributed on paper through electronic channels, such as the Internet. It also provides billers with the capability to enroll participants on-line for alternative document delivery options. D3 is part of Pitney Bowes pb.commander, a suite of "best practice" products and services to help companies build Document Factories. Pitney Bowes will utilize over 75 years of mail and document management experience with more than 2 million customer sites worldwide for the implementation of its new D3 service. By using the WorkOut server as a parsing and presentment engine, the D3 solution enables billers to utilize existing print streams that contain billing statements in order to repackage them for publishing in media other than print and mail, such as the Internet. "The D3 solution will enable large volume mailers to distribute their statements through a wider array of paper-based and electronic mediums while at the same time providing overall management of the outbound messaging process," said Karl Schumacher, Vice President and General Manager, Pitney Bowes Document Factory Solutions. "By partnering with @Work Technologies, we feel that we have created a universal, vendor independent bill delivery platform for our customers." One of the unique benefits of the D3 solution is its sophisticated workflow tracking capabilities. This allows a biller or a billing service to closely monitor and optimize every step in the statement delivery process, whether the bill is sent on paper or through electronic delivery channels. The D3 solution also creates tailored, "one-to-one" personalized documents to maximize marketing opportunities. WorkOut is 100% Java application. Consequently, it can run on virtually any major computing platform. WorkOut can deliver documents as HTML Web pages and richly formatted HTML or plain text electronic mail messages. Moreover, since WorkOut supports the Open Financial Exchange Bill Presentment (OFX-PRES) standard defined by Microsoft, Intuit and CheckFree, WorkOut and D3 users can be confident that their billing systems will be compatible with exciting new on-line banking and electronic commerce applications. The current release supports Microsoft Windows NT, Sun Solaris and most major UNIX platforms. "The WorkOut server is capable of parsing billing data out of virtually any input format, including the complex mainframe print streams that organizations already use to create their paper bills," said Jim Flynn, General Manager of @Work Technologies. "By integrating WorkOut's data extraction and presentation capability into the Pitney Bowes D3 architecture, we are dramatically cutting the time and cost associated with implementing Internet billing services by enabling organizations to leverage their existing bill creation and production mail infrastructure," Flynn added. About @Work Technologies @Work Technologies was founded in 1995 for the purpose of providing advanced document distribution and electronic commerce applications by using Java and other Internet-based technologies. The company is headquartered in New York City. @Work's staff members have developed some of the world's leading document management and electronic money transfer software packages. Trademarks WorkOut is a registered trademark of @Work Technologies, Inc. Java is a registered trademark of Sun Microsystems. Windows NT is a registered trademark of Microsoft Corporation. All other products or company names mentioned are used for identification purposes only, and may be trademarks of their respective owners. About Pitney Bowes Production Mail and Software Systems (PMSS) is a division of Pitney Bowes that serves the high volume mailer (over 100,000 mail pieces per month), providing automated high speed mail finishing hardware and software to Fortune 1000 companies and government agencies. The Document Factory Solutions Division of PMSS offers pb.commander, which is a comprehensive suite of hardware and software products and services - including professional services, systems integration, digital delivery and remittance, financing options and facilities management - that help high volume mailers design and implement Document Factories. Pitney Bowes Inc. is a $4.1 billion provider of informed mail and message management. For more information, visit www.pitneybowes.com CONTACT: Sheryl Battles (203) 351-6808 or Tom Nolan (212) 684-6300