CheckFree i-Solutions and KnowledgeBaze Bring Electronic Billing and Payment Software and Services to Malaysia.Business Editors ATLANTA--(BUSINESS WIRE)--April 19, 2001 KnowledgeBaze will resell the CheckFree i-Series platform to companies in Asia-Pacific CheckFree i-Solutions, the leading provider of interactive e-billing and e-statement applications and part of CheckFree Corporation (NASDAQ NASDAQ in full National Association of Securities Dealers Automated Quotations U.S. market for over-the-counter securities. Established in 1971 by the National Association of Securities Dealers (NASD), NASDAQ is an automated quotation system that reports on : CKFR CKFR Checkfree Corporation (stock abbreviation, AMEX) ), today announced an agreement with Malaysian-based KnowledgeBaze, a customer relationship management (CRM (Customer Relationship Management) An integrated information system that is used to plan, schedule and control the presales and postsales activities in an organization. ) software and service provider, to offer electronic billing Electronic billing is the electronic delivery and presentation of financial statements, bills, invoices, and related information sent by a company to its customers. Electronic billing is also referred to as the following:
EBP Enterprise Buyer Professional EBP Education Business Partnership EBP European Business Programme EBP Efficiency Bandwidth Product EBP Electronic Billing and Payment EBP Extended Base Pointer EBP Error Back Propagation ) capabilities to customers in Malaysia. Through the agreement, KnowledgeBaze will offer CheckFree i-Series, CheckFree i-Solutions' flagship electronic billing software platform, through its extensive reseller network. KnowledgeBaze provides Internet-based CRM solutions to enhance the quality and efficiency of customer service for organizations in the telecommunications and financial services The examples and perspective in this article or section may not represent a worldwide view of the subject. Please [ improve this article] or discuss the issue on the talk page. industries in the region. CheckFree i-Solutions provides i-Series software for electronic billing and statement delivery that enables businesses to deploy and manage business-to-consumer and business-to-business e-billing and e-statement delivery applications. CheckFree i-Series includes all the essential components required to launch a successful electronic billing and payment service. "Electronic bills and statements offer companies potential cost savings, but more importantly they provide a monthly opportunity to interact with consumers to deliver customer care or targeted, one-to-one messages," said Harry Chopra, managing director of Asia Pacific for CheckFree i-Solutions. "As a result, an e-bill or e-statement becomes an integral part of a company's overall customer relationship management initiative." "The powerful CheckFree i-Series software platform enables KnowledgeBaze to build on its base of customer relationship management business processes to present and manage the total relationship a company has with their customers on the Web," said Sivaraki Sivalingam, chief operating officer Chief Operating Officer (COO) The officer of a firm responsible for day-to-day management, usually the president or an executive vice-president. , KnowledgeBaze. "With increasing deregulation Deregulation The reduction or elimination of government power in a particular industry, usually enacted to create more competition within the industry. Notes: Traditional areas that have been deregulated are the telephone and airline industries. in the Malaysian industries, CheckFree i-Series software represents an opportunity for us to help our customers meet the new challenges in the most efficient manner - on the Internet." CheckFree i-Solutions, which recently opened its Asia Pacific headquarters in Singapore, continues to expand its presence in the region. "With the continued migration of businesses in the region to e-commerce solutions, our relationship with KnowledgeBaze will enable Malaysian companies This is a list of companies from Malaysia. The list is not in whatsoever way comprehensive.
About Knowledgebaze Sdn Bhd KnowledgeBaze (M) Sdn Bhd was founded in 1997 with a charter of providing client-server application development and consulting services specializing in Java, CORBA (Common Object Request Broker Architecture) A software-based interface from the Object Management Group (OMG) that allows software modules (objects) to communicate with each other no matter where they are located on a private network or the global , EJB (Enterprise JavaBeans) A software component in Sun's J2EE platform, which provides a pure Java environment for developing and running distributed applications. EJBs are written as software modules that contain the business logic of the application. (Enterprise Java Beans) technologies. KnowledgeBaze was appointed by Dexxtra, U.S in 1998 to set up as an authorized Java training center in Malaysia. KnowledgeBaze is pursuing an ambitious plan to further expand its core competencies and vision to be a recognized e-consulting leader in customer knowledge management domain by leveraging Java, XML XML in full Extensible Markup Language. Markup language developed to be a simplified and more structural version of SGML. It incorporates features of HTML (e.g., hypertext linking), but is designed to overcome some of HTML's limitations. , WAP (1) (Wireless Access Point) See access point. (2) (Wireless Application Protocol) A standard for providing cellular phones, pagers and other handheld devices with secure access to e-mail and text-based Web pages. and Data Mining based technologies. With offices currently in Malaysia, Brunei and India, it has plans to expand into the Taiwan market this year. KnowledgeBaze strives for quality and professionalism, thus our software engineers are certified in Java or Microsoft technologies. KnowledgeBaze has developed and practices religiously stringent structured development standards and methodologies embracing the Capability Maturity Model (SW-CMM SW-CMM Software Capability Maturity Model (Software Engineering Institute) ). In July 2000, KnowledgeBaze was appointed by NCR Corporation U.S, a world-wide leader in CRM and Data Warehouse, to manage the product development life-cycle of two of its key CRM applications. For more information, please visit www.knowledgeBaze.com. About CheckFree i-Solutions As a software group within CheckFree Corporation, CheckFree i-Solutions is the leading provider of end-to-end business-to-consumer and business-to-business solutions for e-billing and payment and e-statement delivery. CheckFree i-Solutions offers CheckFree i-Series software for e-bill and e-statement creation, i-Processing Services that include payment and distribution through nearly 275 financial services sites and customer care, and i-Hosting Services that accommodate self-hosting or outsourcing. With 222 billers under contract, CheckFree i-Solutions is committed to helping billers, financial services organizations and biller service providers leverage electronic bills and statements as interactive conduits to customer relationship management, marketing and customer self service applications. For more information about CheckFree i-Solutions, please visit www.checkfree.com/i-solutions. About CheckFree CheckFree (Nasdaq: CKFR) is the leading provider of financial electronic commerce services and products. Founded in 1981 and celebrating its 20th year in e-commerce, CheckFree launched the first fully integrated electronic billing and payment solution in 1997. Today, CheckFree enables 4.4 million consumers to receive and pay bills electronically. The company has multi-year contracts with 222 of the nation's top billers to provide online billing and payment through nearly 275 financial services organizations, including banks, brokerage firms, Internet portals and content sites and personal financial management (PFM) software. CheckFree Software Services division provides solutions that are used to process more than two-thirds of the nation's six billion Automated Clearing House See ACH. payments, and reconciliation and compliance products and services to 400 banks and businesses. CheckFree Investment Services provides a broad range of investment management services to thousands of financial institutions nationwide. The division's clients manage more than 1,000,000 portfolios totaling more than $500 billion in assets. For more information visit www.checkfree.com. Certain of the Company's statements in this press release are not purely historical, and as such are "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act The Private Securities Litigation Reform Act of 1995 (PSLRA) implemented several significant substantive changes affecting certain cases brought under the federal securities laws, including changes related to pleading, discovery, liability, class representation and awards fees and of 1995. These include statements regarding management's intentions, plans, beliefs, expectations or projections of the future. Forward-looking statements involve risks and uncertainties, including without limitation, the various risks inherent in the Company's business, and other risks and uncertainties detailed from time to time in the Company's periodic reports filed with the Securities and Exchange Commission, including the Company's Form 10-K Form 10-K A report required by the SEC from exchange-listed companies that provides for annual disclosure of certain financial information. Form 10-K See 10-K. for the year ended June 30, 2000 (filed September 26, 2000), Form 10-Q Form 10-Q See 10-Q. for the quarter ended September 30, 2000 (filed November 14, 2000), and Form 10-Q for the quarter ended December 31, 2000 (filed February 13, 2001). One or more of these factors have affected, and could in the future affect, the Company's business and financial results in future periods, and could cause actual results to differ materially from plans and projections. There can be no assurance that the forward-looking statements made in this document will prove to be accurate, and issuance of such forward-looking statements should not be regarded as a representation by the Company, or any other person, that the objectives and plans of the Company will be achieved. All forward-looking statements made in this press release are based on information presently available to management, and the Company assumes no obligation to update any forward-looking statements. |
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