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Technology Stocks : Billing Concepts Corp (BILL) - An emerging e-commerce play -- Ignore unavailable to you. Want to Upgrade?


To: AugustWest who wrote (52)2/26/1999 1:13:00 PM
From: TLindt  Respond to of 150
 
See we missed this one...

(PR NEWSWIRE) Billing Concepts Internet Product Completes Three Installati
Billing Concepts Internet Product Completes Three Installations

SAN ANTONIO, Feb. 18 /PRNewswire/ -- Billing Concepts Corp.
(Nasdaq: BILL), a leading billing solutions provider to the communications
industry, announced today the completion of three installations of its
Internet product, TotalBill(SM). Internet Service Providers (ISPs) Now
Online, Minnesota Online and CityNet (a division of City National Bank) have
licensed Billing Concepts' TotalBill, a customer management and billing
software solution.
TotalBill is Billing Concepts' premier link between services, customers
and revenues for Internet and next generation communications services. The
combination of TotalBill's real-time technology and scalability allows
Internet service and communications companies to generate more revenue and be
more competitive by enabling them to bring new services to market quicker.
Oriented around the automation of normal activities, TotalBill offers Order
Processing, Customer Service, Trouble Tickets, Automated Credit Card
Processing, Automated Provisioning and Automated Billing Modules. The
flexible product definition process combined with the billing engine allows
TotalBill to handle Usage-based services such as Voice Over IP, Premium
800-Number Access, Packet Billing and all types of time-based charges.
Installation, Training and Implementation are a part of the high level of
service provided by Billing Concepts for each customer.
Parris H. Holmes, Jr., Chairman and CEO of Billing Concepts, stated,
"TotalBill's design makes the rapid deployment of new services, marketing
strategies and new technologies a simple process for service providers. The
demand for our TotalBill product continues to grow, with 24 additional
customers in various stages of installation. It is clearly our mission to
provide leading Internet services companies with a customer management and
billing infrastructure that enables them to be more competitive by delivering
highly differentiated services."
Billing Concepts is one of the most experienced providers of comprehensive
billing and customer care solutions to the communications industry. The
Company licenses fast-to-implement and cost-effective convergent billing
software to virtually any size company in the industry. Billing Concepts is
also the largest third-party provider of billing clearinghouse and information
services to the telecommunications industry. Billing Concepts supports
multiple services such as Internet, PCS, cellular, paging, cable/satellite TV,
local service, long distance and Carrier Access Billing. With over
600 customers throughout North America, the Company offers billing solutions
for service providers including LEC, CLEC, ILEC and ISP companies, from the
newest entrants to some of the largest facilities-based providers in the
industry. Headquartered in San Antonio, Texas, Billing Concepts maintains
offices in Corpus Christi, Texas, Glendale, California and Albany, New York.
For more information, visit www.billingconcepts.com.
For more information on the three companies listed above, you can visit
their web sites at the following address:

Now Online www.now-online.com
Minnesota Online www.state.net
CityNet www.citynet.net

Certain statements contained herein are "forward-looking" statements (as
such term is defined in the Private Securities Litigation Reform Act of 1995).
Because such statements include risks and uncertainties, actual results may
differ materially from those expressed or implied by such forward-looking
statements. Factors that could cause results to differ materially from those
expressed or implied by such forward-looking statements include, but are not
limited to, those discussed in filings made by the Companies with the
Securities and Exchange Commission.
For information contact: Terri A. Hunter, Director, Investor Relations of
Billing Concepts Corp., 210-949-7020, or email,
terri.hunter@billingconcepts.com.

SOURCE Billing Concepts Corp.
-0- 02/18/99
/CONTACT: Terri A. Hunter, Director, Investor Relations of Billing
Concepts Corp., 210-949-7020, or email, terri.hunter@billingconcepts.com/
/Web site: citynet.net
/Web site: now-online.com
/Web site: state.net
/Web site: billingconcepts.com
(BILL)

CO: Billing Concepts Corp.; Now Online; Minnesota Online; CityNet; City
National Bank
ST: Texas
IN: CPR TLS FIN
SU: LIC


*** end of story ***



To: AugustWest who wrote (52)3/17/1999 10:59:00 AM
From: TLindt  Read Replies (2) | Respond to of 150
 
Wednesday March 17, 9:41 am Eastern Time
Company Press Release
SOURCE: Billing Concepts Corp.
Billing Concepts Board of Directors Retains DLJ to Evaluate Spin-Off
SAN ANTONIO, March 17 /PRNewswire/ -- Billing Concepts Corp. (Nasdaq: BILL - news) announced today that the overall reduction of calls into the Company's customer service centers as well as additional integration costs associated with the acquisition of CommSoft will negatively impact revenues and earnings for the second quarter. The Company anticipates that earnings per share could be between $0.16 and $0.17 for the quarter ending March 31, 1999.

The Company also announced today that it has retained Donaldson, Lufkin & Jenrette Securities Corporation (''DLJ'') to analyze opportunities to enhance the value of the Company to its stockholders. These opportunities include the potential restructuring of the relationship between the Company's clearinghouse service division and its software division, including the potential spin-off of one of the divisions. The rapid growth in the Company's software division, including its 22% stake in Princeton TeleCom, and the recent increase in acquisition activity in the telecom and billing software industry has prompted the Company's Board of Directors to seek the assistance of DLJ in evaluating these opportunities. Although the Board of Directors is currently undertaking this review, it has made no decision regarding a possible restructuring of the Company. Therefore, there is no assurance that any restructuring will occur.

Parris H. Holmes, Jr., Chairman and Chief Executive Officer, stated, ''The growth of services such as PCS and Internet have added to the demand for software development, customer care and convergent billing systems. The demand for convergent billing has driven growth in spending by communications companies on customer care and billing solutions to replace aging legacy systems. Our software and direct billing services division has evolved into a business with the distinct characteristics and opportunities that may differ from those of the core clearinghouse and information management services. As a result, the Board of Directors believes that we should explore the strategic, economic, operational and tax considerations involved in a restructuring, spin-off or other stockholder value enhancing activity.''

In addition, Mr. Holmes stated, ''We believe that our clearinghouse service division has reached a baseline from which the Company can begin to grow. In fact, the number of call records for the month of March 1999 is on pace to match the month of March 1998, the strongest month ever in our clearinghouse business.''

Billing Concepts is one of the most experienced providers of comprehensive billing and customer care solutions to the communications industry. The Company licenses fast-to-implement and cost-effective convergent billing software to virtually any size company in the industry. Billing Concepts is also the largest third-party provider of billing clearinghouse and information services to the telecommunications industry. Billing Concepts supports multiple services such as Internet, PCS, cellular, paging, cable/satellite TV, local service, long distance and Carrier Access Billing. With over 600 customers throughout North America, the Company offers billing solutions for service providers including LEC, CLEC, ILEC and ISP companies, from the newest entrants to some of the largest facilities-based providers in the industry. Headquartered in San Antonio, Texas, Billing Concepts maintains offices in Corpus Christi, Texas, Glendale, California and Albany, New York. For more information, visit www.billingconcepts.com.

Certain statements contained herein are ''forward-looking'' statements (as such term is defined in the Private Securities Litigation Reform Act of 1995). These statements include the Company's announcement of a soft second quarter and its second quarter earnings estimate, the hiring of DLJ to evaluate restructuring opportunities and Mr. Holmes' quote. Because such statements include risks and uncertainties, actual results may differ materially from those expressed or implied by such forward-looking statements. Factors that could cause results to differ materially from those expressed or implied by such forward-looking statements include, but are not limited to, those discussed in filings made by the Company with the Securities and Exchange Commission. The Company disclaims any obligation to update the forward- looking statements.

For more information contact: Terri A. Hunter, Director, Investor Relations of Billing Concepts Corp., 210-949-7020 or email, terri.hunter@billingconcepts.com.

SOURCE: Billing Concepts Corp.

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