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

To: Sam Biller who wrote (3229)	3/4/1999 6:49:00 AM
From: Brooks Jackson	Respond to of 20297

News -- note that consultant Killen mentions CKFR but NOT TransPoint as those among "leading suppliers." Major Companies to Spend $83B on Information Technology to Issue Bills and Collect Payments From Internet Customers PALO ALTO, Calif.--(BUSINESS WIRE)--March 4, 1999--According to a new study from Killen & Associates -- Enterprise eBilling and Payments Market: New Opportunities for Billers and IT Suppliers -- companies like Citibank, Bell Atlantic, and Pacific Gas & Electric (PG&E) that issue monthly bills will spend $83 billion to equip their computer and information technology (IT) systems to issue bills to households and businesses that are attached to the Internet. Currently, companies primarily mail paper bills to their Internet-enabled customers. Companies that issue bills electronically to their customers and enable those customers to "point and click" to make a payment will obtain a significant competitive advantage. "Countrywide Mortgage, AT&T, and Southern California Edison are three of the several hundred companies so far that have decided to invest in the IT needed to issue Internet bills and accept electronic payments," stated Michael Killen, president of the research firm. "Companies such as BEA Systems (BEAS), CheckFree (CKFR), Compaq (CPQ), EDS (EDS), IBM, and edocs are a among the current leading suppliers of IT for electronic bill presentment and payments (EBBP)." The study finds that corporations' IT investments in support of Internet billing will include application software, network services, outsourcing/processing (including ERP products), systems integration, systems software, workstations and terminals. "There are many opportunities for IT suppliers," says Jules Street, vice president of the research firm. Killen & Associates is the leader in tracking and forecasting business opportunities created by the advances of Internet billing and payments. The company offers its customers the following four studies on the topic: -0- T -- EBPP: Markets, Frameworks, and Suppliers (No. 428) -- Retail and Wholesale Banks: EBPP Opportunities and Threats (No. 429) -- Enterprise e-Billing and Payments Markets (No. 430) -- Global Cash Management Services for the Business Market (No. 434) T -0- Killen also offers a set of video interviews of how executives envision the growth of Internet billing and payments. For additional information, visit Killen & Associates' Web site, killen.com . Contact: Jules Street, jules@killen.com, or Karl Duffy, karl@killen.com, tel 650/617-6130, fax 650/617-6140. CONTACT: Killen & Associates Jules Street, 650/617-6130 jules@killen.com or Karl Duffy, 650/617-6130 karl@killen.com