CKFR Checkfree Corp (MM)

The Golden 1 Credit Union Launches Enhanced Electronic Billing and Payment Service with CheckFree Web(SM) -- Golden 1 Members Can Now Enjoy Faster Payments and Receive Due-Date Reminders for Bills -- ATLANTA, June 13 /PRNewswire-FirstCall/ -- CheckFree Corporation (NASDAQ:CKFR) today announced that The Golden 1 Credit Union, the fourth largest credit union in the United States, has significantly enhanced its electronic billing and payment service at http://www.golden1.com/ . The new Golden 1 Online(SM) and Bill Payment service is free to members and made available through the bank's technology partnership with CheckFree Corporation. Utilizing the newest version of CheckFree Web(SM), Golden 1's electronic billing and payment service offers its members many new features to manage their bills and payments including a more simplified single-point bill management center, faster payment processing, due-date reminders and payment notification alerts. Members can also increase the convenience and financial control of the service by using CheckFree e-Bill(SM), which allows consumers to receive bills electronically at a single, secure Web site from a growing number of billing organizations. "We wanted our members to be among the first to experience the convenience and speed of this enhanced electronic billing and payment service," said Lisa Swanson, Vice President of E-Commerce, The Golden 1 Credit Union. "We believe that the new features will help our members maximize control of their finances and minimize the time they spend paying bills each month." "As a top credit union, Golden 1 has extended the growing benefits of electronic billing and payment services to its growing base of members," said Jeff Weikert, CSP Channel Executive, CheckFree Corporation. "With the new service, Golden 1 members can access tools, such as due-date reminders and electronic bills, that make the management of monthly bills and payments even easier." Golden 1 members can enjoy many benefits with the new, free electronic billing and payment service, including: -- Faster Payments - Most payments can now be processed within one day. -- Smart Biller Set-Up - Golden 1 members can set up new bills to be paid quickly and easily through the new Quick Add feature, which allows a new biller to be added by typing in only a phone number that is included in the bill. Customers can also choose to add new payees the traditional way, which only takes a few minutes. -- Ease-of-Use - Golden 1 Online is simple to navigate and use. With a single-point bill management center, online banking customers can access and manage all of their critical billing information in one easy-to-use screen for at-a-glance convenience. Consumers can quickly make payments, set up and manage electronic bills and view their payment history. -- Bill Reminders - Golden 1 members can now schedule automated e-mail reminders for payment due dates. Consumers simply select when they want a reminder, and a message will appear in a virtual in-box in the customer's Bill Payment Center. -- Payment Confirmation and Guarantee - Members can elect to receive payment posting information to know when their account was credited by the biller, as well as a confirmation number. This makes it easier for consumers to refer to payments, such as at tax time, and offers peace- of-mind that their bills have been paid. In addition, consumers who pay bills electronically continue to be protected from unauthorized transactions or processing delays by the CheckFree Guarantee. About Golden 1 Credit Union ( http://www.golden1.com/ ) The Golden 1 is California's largest credit union and the fourth largest in the U.S. with 69 offices, $5.6 billion in assets, and more than 600,000 members. About CheckFree ( http://www.checkfreecorp.com/ ) Founded in 1981, CheckFree Corporation (NASDAQ:CKFR) provides financial electronic commerce services and products to organizations around the world. CheckFree Electronic Commerce solutions enable thousands of financial services providers and billers to offer their customers the convenience of receiving and paying their household bills online or in person through retail outlets. CheckFree Investment Services provides a broad range of investment management solutions and outsourced services to thousands of financial services organizations, which manage more than $1 trillion in assets. CheckFree Software develops, markets and supports software applications that are used by financial institutions to process more than two-thirds of the 10 billion Automated Clearing House transactions in the United States. The division also provides global trade processing, reconciliation, financial messaging, compliance and electronic billing and statement software to hundreds of organizations across the globe. Certain of CheckFree'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 CheckFree's business, and other risks and uncertainties detailed from time to time in CheckFree's periodic reports filed with the Securities and Exchange Commission, including CheckFree's Annual Report on Form 10-K for the year ended June 30, 2004 (filed September 3, 2004), Form 10-Q for the quarter ended September 30, 2004 (filed November 9, 2004), Form 10-Q for the quarter ended December 31, 2004 (filed February 8, 2005), and Form 10-Q for the quarter ended March 31, 2005 (filed May 9, 2005). One or more of these factors have affected, and could in the future affect CheckFree'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 press release will prove to be accurate, and issuance of such forward-looking statements should not be regarded as a representation by CheckFree, or any other person, that the objectives and plans of CheckFree will be achieved. All forward-looking statements made in this press release are based on information presently available to management, and CheckFree assumes no obligation to update any forward-looking statements. DATASOURCE: CheckFree Corporation CONTACT: Media relations, Judy DeRango Wicks, +1-678-375-1595, , or Investor relations, Tina Moore, +1-678-375-1278, , both of CheckFree Corporation Web site: http://www.checkfreecorp.com/

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