CKFR Checkfree Corp (MM)

ATLANTA and LONDON, Aug. 15 /PRNewswire-FirstCall/ -- CheckFree Software, a division of CheckFree Corporation (NASDAQ:CKFR), today announced that it has developed an interface to Telekurs Financial's reference and corporate actions Valordata Feed (VDF) in ISO 15022 format, supporting the latest enhancements to the Telekurs Financial VDF ISO 15022 service. CheckFree eVent(TM) is a corporate actions application that is able to support Telekurs Financial VDF ISO 15022 service, giving data users a powerful new automation and workflow environment for corporate actions processing. Telekurs Financial, a division of the Swiss Telekurs Group, is a leading provider of U.K. and international corporate actions data and other financial information for the international securities industry. The combination of Telekurs Financial's VDF ISO 15022 service with CheckFree Software's market- leading Corporate Actions workflow technology, delivers a powerful solution for end-to-end automation and global straight through processing. With the help of eVent, users can receive, process and share corporate actions data without the need to convert to and from proprietary formats, a process that can be time-consuming, processing-intensive and prone to error. "Telekurs Financial is committed to working with user groups and other industry bodies to enhance and implement standards to make data delivery, consumption and comparison easier for our clients," said Beat Koch, chief executive officer of Telekurs (U.K.) Ltd. "Corporate actions data has now been mapped to the ISO 15022 standard, and several clients are implementing this new format to automate compliance and cross-checking. CheckFree's eVent corporate action workflow solution is an established standard for firms that want to capitalise on the benefits offered by market standards such as ISO 15022." With eVent, customers are able to quickly achieve automated corporate action processing, with workflow and exception management pre-configured to business best-practice scenarios. The platform can be easily configured and supports all major industry standards as well as proprietary data formats. Geoff Harries, director of STP product management at CheckFree Software, said, "CheckFree incorporated ISO 15022 compliance into our architecture back in 1998 and it has formed the foundation of our solutions ever since. As the application of ISO 15022 standards has evolved in the corporate actions arena, eVent has kept pace with market changes and fully supports the 69 corporate actions types available today within ISO 15022. Our extensive experience with SWIFT standards means we can easily implement additional ISO based data feeds. We are highly encouraged by the success of this project and look forward to working with other MDUG members to support their ISO-enabled data services." CheckFree eVent, a SWIFTReady Gold Corporate Actions Application, is built on the same financial messaging platform as the 2005 SWIFTReady Gold accredited CheckFree TradeFlow TPM solution, and is the only product of its kind to offer end-to-end lifecycle management for corporate actions. Editors Note: About Telekurs Financial (http://www.telekurs.co.uk/) Telekurs Financial is a company of the Telekurs Group, which operates in the fields of financial information, payment transactions and IT services and celebrates its 75th anniversary this year. As a leader in its field, Telekurs Financial specialises in the procurement, processing and distribution of international financial information for investment advisory services, portfolio management, financial analysis and securities administration. A global network of local financial market specialists procures real-time stock exchange information straight from the leading financial centres. Containing over 2.3 million financial instruments, the database of structured, encoded securities information maintained by Telekurs Financial and its ten representative offices abroad is unparalleled throughout the world in terms of both depth and data coverage. As the official numbering agency for Switzerland and the Principality of Liechtenstein, Telekurs Financial is responsible for allocating Swiss security (Valor) numbers. It is a founding member of the Association of National Numbering Agencies (ANNA) and leads the way in introducing standards aimed at simplifying trading and securities administration. For further information: . 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 11 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 , or Investor relations, Tina Moore, +1-678-375-1278, or , both of CheckFree Corporation Web site: http://www.checkfreecorp.com/ http://www.telekurs.co.uk/

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