To: Paul S. who wrote (289 ) 5/5/1999 10:56:00 AM From: Julie Simmons Read Replies (1) | Respond to of 918
Another contract for Billserv. billserv.com, Inc. and San Antonio Express-News Sign Three-Year Agreement Enabling Customers to View and Pay Monthly Subscription Bills on the Internet Express-News is first major newspaper to offer convenience of electronic billing SAN ANTONIO, May 5, 1999 - billserv.com, Inc. (NASD OTC BB: BLLS), a leading electronic bill presentment and payment (EBPP) service bureau, today announced it has signed a three-year exclusive agreement with the San Antonio Express-News that will enable Express-News subscribers to view and pay their newspaper bills over the Internet. The Express-News, which is San Antonio's largest daily newspaper and a Hearst Corporation newspaper, currently has more than 250,000 home-delivered subscribers. The new electronic billing system will provide higher levels of customer service made possible through Internet technology, while lowering the newspaper's overall billing-related costs. billserv.com and the Express-News will implement the electronic billing system in phases, in conjunction with the newspaper's new circulation system, which is expected to be operational in a few months. Initially, billserv.com will process Express-News subscriber bills through CheckFree, the leading electronic billing consolidator. Later this year, customers also can pay their bills through a variety of sites, including bills.com, a new EBPP portal that billserv.com is developing, enabling consumers to pay bills electronically for free. Ultimately, billserv.com will enable the Express-News to process subscriber bills and payments through any bill consolidator Web site or Internet portal that partners with billserv.com. "Our agreement with the San Antonio Express-News further supports billserv.com's business strategy of building a critical mass of regional billers, which send out most of the bills that consumers pay each month," said Michael Long, chairman and CEO of billserv.com. "The San Antonio Express-News is demonstrating its commitment to better serving its subscribers by offering the convenience of paying their newspaper bill electronically, which clearly sets the newspaper apart, both in the San Antonio market and in the publishing industry overall." "The billserv.com electronic billing solution simply makes good sense for the Express-News," said Steve Jones, controller for the San Antonio Express-News. "We're making technology investments in our circulation and billing systems that will put the company at the forefront of the publishing industry, and we're pleased to be working with billserv.com to help make it happen." About San Antonio Express-News The San Antonio Express-News circulates all over South Texas to the Mexico border. The newspaper has been owned by the Hearst Corp. since 1993. The Express-News was founded in 1865 and moved to its current location, a block from The Alamo, in 1929. Technologically, the Express-News launched its own Web site in 1995, and is one of the largest ISP providers in San Antonio at expressnews.com. About billserv.com, Inc. billserv.com, Inc. (NASD OTC BB: BLLS) is an electronic bill present and payment service bureau that provides small- to medium-sized billers with a turnkey outsourcing solution for presenting bills to consumers for payment on the Internet. billserv.com serves an intermediary role between billers and bill consolidators by aggregating customer billing information from multiple billers, and then securely delivering it to consolidators. billserv.com's core product, eServ, seamlessly integrates with billers' existing legacy systems, without requiring any changes to those systems. The company has four product offerings: Internet billing clearinghouse services, ePublishing, customer care services and professional consulting services. For additional information, visit www. billserv.com or call (210) 402-5000. Certain statements contained herein are "forward-looking" statements (as such term is defined in the Private Securities 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.