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PSCU Named CheckFree Premier Certified Partner.

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CheckFree i-Solutions, the leading provider of interactive e-billing and e-statement applications and part of CheckFree Corporation (NASDAQ: CKFR), today named Payment Systems for Credit Unions, Inc. (PSCU), the nation's largest Credit Union Service Organization (CUSO), as a Premier Certified Partner through its Certification Program.

The CheckFree Partner Certification Program is designed to offer organizations technical, business and marketing expertise in leveraging CheckFree's leading distribution and payment network of nearly 300 Internet sites as an extension of their own products and services. As a CheckFree Premier Certified Partner, PSCU is able to offer its biller clients a full suite of electronic billing and payment options and will work with CheckFree to make these solutions even more compelling for credit union members.

"As a Premier Certified Partner PSCU can offer its credit union members tighter integration with CheckFree's distribution and payment services to speed their billers' time to market," said Michael Sapienza, senior vice president of channel and partner management at CheckFree i-Solutions. "PSCU enables its credit union clients to offer electronic billing and payment to their consumers and also supports its credit unions in delivering their own e-bill and e-statement content through the distribution model. As a result, PSCU is working closely with CheckFree to drive both sides of the electronic billing and payment market."

PSCU's EasyToCUPayLink(TM) E-Bill, enables credit unions to present their members Visa and MasterCard credit card statements online. PSCU's Web call center staff provides 24 x 7 member care for all features of EasyToCUPayLink. To date, PSCU also delivers CheckFree's end-to-end electronic billing and payment service to consumers through 26 of its credit unions.

"This certification reinforces our commitment to CheckFree i-Solutions as the ideal partner for e-bill distribution and payment, and this partnership program is another catalyst to drive awareness and adoption of this service," said Dave Serlo, president and CEO of PSCU. "Our member credit unions require a complete solution for Internet document delivery and payment. Our objective is to provide a solution that is rich with functionality together with 24 x 7 consumer support, and CheckFree i-Solutions enables us to offer our customers a truly best-of-breed service."

About CheckFree's Partner Certification Program

CheckFree's Partner Certification Program offers two levels of certification: CheckFree Certified Partner and CheckFree Premier Certified Partner. The designations are based on the level of electronic billing and payment functionality supported by the partner organization. CheckFree Certified Partners support the essential electronic billing and payment functions. CheckFree Premier Certified Partners offer their clients not only the essential electronic billing and payment functions, but also marketing, customer care and tracking features available through CheckFree. The CheckFree Partner Certification Program entails four steps for successful certification, all of which PSCU has completed.

About PSCU

PSCU, founded in 1977, is owned by more than 500 member credit unions representing in excess of 6 million cardholder accounts across the nation. PSCU provides technology and cost-effective, high quality financial services and products solely to credit unions and their members. ePSCU is a separate division of PSCU formed expressly to develop, deliver, and support Internet-based financial services. ePSCU's mission is to position PSCU as the premier provider of web-enabled financial services for credit unions and their members. To date, ePSCU has enrolled 26 credit unions representing nearly 471,000 cardholders in its EasyToCUPayLink E-Bill product. More information on the Company is available on the Internet at and

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 300 financial services sites and customer care, and i-Hosting services that accommodate self-hosting or outsourcing. With 245 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

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 4.8 million consumers to receive and pay bills electronically. The company has multi-year contracts with 245 of the nation's top billers to provide online billing and payment through nearly 300 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 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

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 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 for the year ended June 30, 2000 (filed September 26, 2000), Form 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); and Form 10-Q for the quarter ended March 31, 2001(filed May 11, 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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Publication:Business Wire
Geographic Code:1USA
Date:Jul 30, 2001
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