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CyberBills Implements BillCast Software From Just in Time Solutions; CyberBills Enables E-Bill Distribution Using Leading Standards-Based EBPP Solution.


Business Editors

SAN FRANCISCO--(BUSINESS WIRE)--April 18, 2000

Just in Time Solutions, the leading provider of Internet billing and interactive customer care software, today announced that CyberBills has completed the initial installation of Just in Time's market-leading BillCast(tm) software as the open distribution platform for its Electronic Bill Presentment and Payment See EBPP.  (EBPP (Electronic Bill Presentment and Payment) Sending invoices to customers over the Internet. When payment is due, an e-mail is sent with a link to a Web page that contains the billing information and the payment services that are supported. ) service.

CyberBills' online bill payment and presentment service gives consumers the ability to receive, view, pay, manage and automate 100 percent of their bills -- whether paper or electronic. By implementing Just in Time's Open Financial Exchange (OFX OFX Open Financial Exchange
OFX Outer Fix
OFX Open Effects
)-based software, CyberBills offers broad distribution of bills to standards-based consumer destinations, such as its own portal, StatusFactory.com, its many channel partners, Intuit's Quicken and Quicken.com, America Online See AOL. , and other OFX-based consolidators. According to according to
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 a recent report by Forrester Research Forrester Research is an independent technology and market research company that provides its clients with advice about technology's impact on business and consumers. Corporate facts
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, access to a majority of bills is the key factor to increasing consumer adoption for EBPP.

"Just in Time's standards-based EBPP software enables us to expand the options we can offer to our customers," said Murali Chirala, president and co-founder of CyberBills. "With BillCast, CyberBills distributes electronic bills arriving from BSPs and presents them seamlessly online under customers' accounts."

"We're delighted that market leaders like CyberBills share our vision of accelerating biller and consumer adoption through standards-based EBPP solutions," commented Douglas S. Thompson, president and CEO (1) (Chief Executive Officer) The highest individual in command of an organization. Typically the president of the company, the CEO reports to the Chairman of the Board.  of Just in Time Solutions. "Our partnership with CyberBills enables BillCast to reach more consumers than any other software solution in the market."

CyberBills joins a rapidly growing list of Just in Time customers committed to open, interoperable standards, including AT&T, Bank of America
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Bank of America (NYSE: BAC TYO: 8648 ) is the largest commercial bank in the United States in terms of deposits, and the largest company of its kind in the world.
, Intuit/AOL, M&I Data Services, MasterCard, Output Technology Solutions, Wells Fargo Wells Fargo

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 and Spectrum (a joint venture formed by Chase Manhattan, First Union and Wells Fargo).

About CyberBills

Based in Santa Clara, Calif., CyberBills, the creator of StatusFactory.com, is the first company to offer total bill management over the Internet. Founded in 1998, CyberBills has rapidly developed and deployed methods and technology to support a single interface that allows consumers to view, pay, manage and automate all of their bills over the Internet. CyberBills offers its service directly to consumers at StatusFactory.com, as well as through its channel partners. For more information about CyberBills, visit www.cyberbills.com or www.statusfactory.com

About Just in Time Solutions

Just in Time Solutions is the leading provider of complete software solutions for Internet billing and interactive customer care. The company's modular BillCast(tm) software suite enables relationship-centric billers to deploy secure, scalable solutions for personalized billing, statement presentment, payment and service delivery that increase the value of each customer interaction. Just in Time Solutions helped pioneer the Open Financial Exchange (OFX) standard for online bill presentment and the thin consolidator model, and continues to champion open standards, including IFX IFX - ["Type Reconstruction with First-Class Polymorphic Values", J. O'Toole et al, SIGPLAN Notices 24(7):207-217 (Jul 1989)]. . Founded in 1995 and based in San Francisco, Just in Time Solutions' customers include some of the largest billing organizations and service providers in the industry, including AT&T, Bank of America, Intuit, MasterCard, M&I Data Services, Output Technology Solutions, Spectrum and Wells Fargo. For more information, please visit www.justintime.com or call (415) 553-6400.

Just in Time Solutions and BillCast are registered trademarks of Just in Time Solutions, Inc. All other product and company names are the property of their respective owners and are hereby acknowledged.
COPYRIGHT 2000 Business Wire
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 2000, Gale Group. All rights reserved. Gale Group is a Thomson Corporation Company.

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Publication:Business Wire
Geographic Code:1USA
Date:Apr 18, 2000
Words:552
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