CKFR Checkfree Corp (MM)

-- B.I.S.S. benchmark recognises investment in CheckFree eVent(TM) -- ATLANTA and LONDON, Nov. 21 /PRNewswire-FirstCall/ -- CheckFree Corporation (NASDAQ:CKFR) today announced that it has achieved the CityCompass Research B.I.S.S. Gold Accreditation for Corporate Actions Systems and recognition for the CheckFree eVent(TM) solution as the most improved system in the market. Gary Wright, managing director of CityCompass Research, the leading independent Research Company specialising in the financial services sector and creator of the unique business benchmarking concept, said, "CheckFree has been a consistent performer over the last three years of the B.I.S.S. Corporate Actions benchmarking and it is clear that the company has devoted considerable resources into their system over the last year. Judging by the scores set by the user panel, we believe CheckFree's corporate actions solution delivers a very competitive system that offers compelling value to the market." In September this year, CheckFree announced it has also been awarded the SWIFTReady corporate actions label for CheckFree eVent, the company's best-in- class automated workflow solution for corporate actions. The designation, along with the B.I.S.S. accreditation, further reflects CheckFree's commitment to technology leadership in the corporate actions space. CheckFree is also working with leading data feeds providers and recently announced its link up with 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 will give Telekurs' data users a powerful new automation and workflow environment for corporate actions processing. Randy McCoy, executive vice president and general manager of CheckFree Software said, "The new accreditation validates our strong commitment to mitigating the risk and minimising the complexity associated with corporate actions processing. We believe CheckFree eVent is the only product of its kind to offer end-to-end lifecycle management for corporate actions, and are driven to deliver outstanding benefits to our global client base." CheckFree 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. About CityCompass Research CityCompass Research is an independent company which provides analysis of technology and services of suppliers in the European financial services industry. CityCompass Research analysts are all from a business to IT background with a long track record of procurement in the financial services market place, which will enable them to produce unique and valuable assessments of technology and services and their value to the supplier and the market place. For more information contact: http://www.citycompass.org/ (http://www.citycompassresearch.com/ website coming soon) 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 $1.2 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 12 billion Automated Clearing House transactions in the United States. The division also provides operational risk management, financial messaging, corporate actions, and regulatory compliance software to more than 1,500 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, 2005 (filed September 2, 2005), and Form 10-Q for the quarter ended September 30, 2005 (filed November 8, 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/

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