Emergis Licenses eInvoicing Technology to Another Utility Company.MONTREAL -- Emergis Inc. (TSX TSX Toronto Stock Exchange (TSE before April, 2002) TSX Transfer from Stack Pointer to Index TSX True Space Extension :EME n. 1. An uncle. ), a Canadian eBusiness company, today announced that it has entered into another agreement to license its electronic invoicing and payment technology patent, to Knoxville Utilities Board (KUB) of Tennessee. "The current agreement is another important step in our efforts to realize the full value of our eInvoicing patent by entering into licensing agreements with users of electronic bill presentment and payment See EBPP. in North America North America, third largest continent (1990 est. pop. 365,000,000), c.9,400,000 sq mi (24,346,000 sq km), the northern of the two continents of the Western Hemisphere. ," said Marc Filion, Executive Vice-President, Business Development and Corporate Strategy of Emergis. Emergis was granted a U.S. patent in March 2000 for electronic invoicing and payment, a service which allows companies to offer their customers the ability to receive and pay invoices electronically. Emergis no longer offers its electronic invoicing and payment service, but it has retained ownership of the patent. Electronic invoicing and payment programs are part of KUB's current EPay options which allow its customers to make payments on an account without having to print and deliver a check to KUB. Knoxville Utilities Board is a municipal utility serving Knox County There are nine counties named Knox County in the United States, all apparently named after Henry Knox:
State Abbr. . It provides electric, gas, water, and wastewater services to more than 410,000 customers. About Emergis Emergis powers business interactions, developing and managing solutions that automate transactions and the secure exchange of information. With expertise in electronic health-related claims processing and management systems, payment enablement, and loan processing, Emergis delivers solutions to the leading health insurance companies, government agencies and approximately 2,400 pharmacies in Canada, and to top financial institutions in North America. The Company's shares (TSX: EME) are included in the S&P/TSX Composite Index Composite Index A grouping of equities, indexes or other factors combined in a standardized way, providing a useful statistical measure of overall market or sector performance over time. Also known simply as a "composite". . Certain statements made in this news release are forward-looking and are subject to important risks, uncertainties and assumptions. The results or events predicted in these forward-looking statements forward-looking statement A projected financial statement based on management expectations. A forward-looking statement involves risks with regard to the accuracy of assumptions underlying the projections. may differ materially from actual results or events. These statements do not reflect the potential impact of any non-recurring items or of any dispositions, monetizations, mergers, acquisitions, other business combinations or other transactions which may be announced or which may occur after the date hereof here·of adv. Of this. hereof Adverb Formal or law of or concerning this Adv. 1. hereof - of or concerning this; "the twigs hereof are physic" . Other factors that could cause results or events to differ materially from current expectations include, among other things: general economic factors, adoption of eBusiness, adoption rate of our solutions by clients, complexities in signing government contracts, our response to industry's rapid rate of change, competition, pricing pressures, fluctuations in our operating results,failure or material change in our strategic relationships including our relationship with Bell Canada Bell Canada Enterprises (TSX: BCE, NYSE: BCE), legally BCE Inc., is a major Canadian telecommunications company. Through its subsidiaries including Bell Canada, Bell Aliant, Northwestel, Télébec, and NorthernTel, it is the incumbent local exchange carrier for , exposure under contract indemnities, defects in software or failures in the processing of transactions, security and privacy breaches, loss of key personnel, our ability to protect intellectual property, infringement claims on our intellectual property, and industry and government regulation. In making the forward-looking statements contained in this news release, we have made certain assumptions regarding the possible impact of these items and factors which we consider reasonable. However, each of these items and factors is subject to change and there can be no assurance that such assumptions will reflect the actual outcome of such items or factors. For additional information with respect to certain of these and other factors, refer to Emergis Inc.'s annual report (management discussion and analysis) and the Emergis Inc. annual information form (risks and uncertainties) filed with the Canadian securities commissions. THE FORWARD-LOOKING STATEMENTS CONTAINED IN THIS PRESS RELEASE REPRESENT THE EXPECTATIONS OF EMERGIS AND ITS SUBSIDIARIES AS AT DECEMBER 22, 2005 AND, ACCORDINGLY, ARE SUBJECT TO CHANGE AFTER SUCH DATE. HOWEVER, EMERGIS AND ITS SUBSIDIARIES DISCLAIM dis·claim v. dis·claimed, dis·claim·ing, dis·claims v.tr. 1. To deny or renounce any claim to or connection with; disown. 2. To deny the validity of; repudiate. 3. ANY INTENTION OR OBLIGATION TO UPDATE OR REVISE ANY FORWARD-LOOKING STATEMENTS, WHETHER AS A RESULT OF NEW INFORMATION, FUTURE EVENTS OR OTHERWISE. EMERGIS INC. (TSX:EME) |
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