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

To: Wesley0428 who wrote (463)	12/3/1998 5:36:00 PM
From: TLindt	Read Replies (1) \| Respond to of 20297

>>>Could this have caused today's drop? Probably not...because CKFR just signed a 6 year agreement with EDS to be the remittance engine at Banks sites. biz.yahoo.com Tuesday November 3, 6:31 am Eastern Time Company Press Release SOURCE: CheckFree Corporation CheckFree to Provide Processing for EDS' Electronic Bill Paying Service to Financial Institutions ATLANTA, Nov. 3 /PRNewswire/ -- CheckFree (Nasdaq: CKFR - news) and EDS (NYSE: EDS - news) announced today a six-year agreement in which EDS will use CheckFree's remittance processing services for the electronic bill paying service that EDS provides to financial institutions. CheckFree is the leading provider of bill presentment and payment processing for financial institutions, processing more than 10 million electronic bill payment transactions per month. EDS, a global information technology services company, has more than 5,000 financial institution clients in 32 countries. ''Consumers increasingly are using electronic delivery channels to bring speed and convenience to such tasks as paying bills, and financial institutions are responding by offering Web- and telephone-based electronic bill payment services,'' said John A. Meyer, president of EDS' Diversified Financial Services business unit. ''Teaming with CheckFree, the industry leader in remittance back-office processing, is enabling us to provide more efficient bill payment services to our financial institution clients.'' ''With its large customer base, EDS is one of the major players in the financial transactions market, and we're very pleased to work with them and provide an ever greater level of service to their client base,'' said Sean Feeney, executive vice president -- Electronic Commerce Sales at CheckFree. ''Behind the scenes, CheckFree will provide EDS' clients a highly cost- effective option to process and deliver bill payments. This agreement expands our third-party relationships and continues EDS' strong support services for financial institutions.'' About EDS EDS, the official information technology services provider for World Cup 1998, is a leader in the global information services industry. The company's more than 110,000 employees specialize in applying a range of ideas and technologies to help business and government clients improve their economics, products, services and relationships. EDS, which serves clients in 45 countries, reported revenues of $15.2 billion in 1997. The company's stock is traded on the New York Stock Exchange and the London Stock Exchange. Visit EDS via the Internet at eds.com. About CheckFree Founded in 1981, CheckFree (www.checkfree.com), the operating subsidiary of CheckFree Holdings Corporation, is the leading provider of financial 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. SOURCE: CheckFree Corporation -------------------------------------------------------------------------------- More Quotes and News: Checkfree Holdings Corp (Nasdaq:CKFR - news) Electronic Data Systems Corp (NYSE:EDS - news)

To: Wesley0428 who wrote (463)	12/3/1998 6:19:00 PM
From: TLindt	Read Replies (1) \| Respond to of 20297

I did find something really interesting though in your press.... Oracle's e-commerce bill and present technologies can deliver bills through a biller's own branded Web site. Alternatively, these technologies can route bills for presentment to any number of bill consolidators or Consumer Service Providers (CSPs) such as TransPoint or Quicken.com. The plan is for billers and consolidators using Oracle technology to be able to interface directly with EDS Interactive Billing Services, enabling bill presentation through the EDS service. Billers and consolidators are expected to be able to use EDS Interactive Billing Services for bill payment and settlement. Last sentence...isn't that interesting...since CheckFree has a 6 year agreement to be EDSs' Payment Engine. SO a presented Bill by TransPoint to an EDS Bank could get paid by CKFR? Think so boys...Quicken.com is of no concern since CKFR has that one in the bag. EDS is Big. So what is TransPoint gonna do? The three steps...1) creation, 2) deliver & 3)payment. Orcale wants #1 they are already there..it's a natural enhancement of software. CheckFree 'Owns #2' as far as distribution points to Banks via prior market success and the alliance with Integrion, and EDS gives them #3 for 6 years. And that don't include Bell & Howell which also want's #1, and gives CheckFree #2 & #3. biz.yahoo.com Look at this From Bell & Howell. Bell & Howell's powerful team of more than 2,200 associates worldwide is our strongest resource. We are the world's largest company totally dedicated to high-volume messaging solutions. In the U.S. alone, 70 percent of the more than 150 billion pieces of the country's total mail is sped on its way each year by a Bell & Howell solution. bhmailsys.com We are gonna Rock'n'Roll with these Blue Chip Companies in 000!