billserv.com and CheckFree Sign Agreement for Electronic Bill Presentment and Payment; Agreement Will Enable More Billers to Present Bills Through Leading Web Sites.

SAN ANTONIO--(BUSINESS WIRE)--March 4, 1999--billserv.com Inc. (OTC BB:BLLS) today announced it has signed a service bureau processor agreement with CheckFree (Nasdaq:CKFR), the leading provider of financial electronic commerce processing for electronic bill presentment and payment (EBPP) services.

Under the agreement, billserv.com will transmit billing information from its base of biller customers to CheckFree, enabling CheckFree to provide electronic billing and payment services to the growing number of consumers who want to pay their bills electronically.

billserv.com is an EBPP service bureau and consolidator that provides small- to medium-sized billers with a turnkey bill presentment and payment solution, allowing billers to offer EBPP services without having to develop or purchase software, or make costly investments in their technology infrastructure.

"Our agreement with CheckFree creates an outstanding business alliance that will bring value and complementary services to billers, who can begin leveraging the potential of online bill presentment, while meeting a growing demand among consumers who want to pay their bills on the Internet," said Michael R. Long, chairman and chief executive officer of billserv.com. "Through the CheckFree agreement, billserv.com's biller customers will soon be able to present bills through CheckFree's Internet-based financial service providers. We are very pleased to enter into this agreement with CheckFree, which not only has significant market share and is a leader in e-commerce, but also is aligned with our philosophy of commitment to quality and service."

Matt Lewis, senior vice president of electronic commerce product management and marketing for CheckFree, added, "Working with billserv.com as part of our Biller Alliance Program will allow CheckFree to expand on our goal of making as many bills available to as many consumers as possible. billserv.com will play an important role in achieving this goal, and we look forward to working with them in that pursuit."

About CheckFree

Founded in 1981, CheckFree (www.checkfree.com), the operating subsidiary of CheckFree Holdings Corp., is the leading provider of electronic commerce services, software and related products for more than 2.6 million consumers, 1,000 businesses and 850 financial institutions. CheckFree designs, develops and markets services that enable its customers to make electronic payments and collections, automate paper-based recurring financial transactions and conduct secure transactions on the Internet.

About billserv.com Inc.

billserv.com Inc. (OTC BB:BLLS) is a bill consolidator in the electronic bill presentment and payment (EPPB) industry, providing a turnkey solution for small- to medium-sized billers wanting to establish strategic, high-value relationships with their customers through EBPP and Internet-based customer care. 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.

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.