CKFR Checkfree Corp (MM)

ATLANTA and LONDON, Dec. 13 /PRNewswire-FirstCall/ -- CheckFree Corporation (NASDAQ:CKFR) today announced the development of an ISO 15022 compliant interface to Exchange Data International's (EDI) corporate actions data feed in CheckFree eVent(TM), a powerful automation and workflow environment for corporate actions processing. For EDI, an international provider of back office solutions and securities data, the release of the ISO 15022 compliant corporate actions feed reinforces the company's commitment to ISO industry standards. With the support of CheckFree eVent's superior connectivity and workflow technology, EDI users are now able to receive, process and share all of their corporate actions data without the need to convert to and from proprietary data feed formats, a process that is often time-consuming, processing-intensive and prone to error. Built on CheckFree's financial messaging technology and supporting all major messaging standards, CheckFree eVent leverages an integrated architecture, providing truly global straight-through processing capabilities. "Our collaboration with CheckFree illustrates the quality of our partnerships and the industry standard levels reached by our data suites," said Jonathan Bloch, managing director of EDI. "We are confident that clients of CheckFree eVent, who have single or multi-sourcing back office data requirements, will benefit from a comprehensive view of event data, increased efficiency and reduced risk for their corporate actions processing." CheckFree eVent is the first solution to automate the end-to-end corporate actions process by automating the electronic receipt of corporate actions notifications and providing online management tools to manage the entire process. CheckFree eVent brings valuable benefits for fund managers, custodians and brokers involved in both domestic and cross border securities activity. The application allows these institutions to more efficiently validate specific corporate announcements and greatly reduce the potential risk that incorrect or conflicting announcement data could adversely affect subsequent operations, processes and business decisions downstream from that event. Geoff Harries, director of STP product management at CheckFree Software said, "Due to excellent teamwork with EDI we were able to develop and deploy the CheckFree eVent interface rapidly. EDI customers that utilise CheckFree eVent will benefit from a fully supported ISO 15022 platform for their corporate actions data. CheckFree eVent provides an environment whereby proprietary information from diverse sources can be easily accessed and integrated into a single, standardised format." In September this year, CheckFree announced it has been awarded the SWIFTReady corporate actions label for CheckFree eVent which is built on the same financial messaging platform as the 2005 SWIFTReady Gold accredited CheckFree TradeFlow solution. Recently, eVent has also achieved the CityCompass Research B.I.S.S. Gold Accreditation for Corporate Actions Systems and the designation, along with the SWIFT accreditation, further reflects CheckFree's commitment to technology leadership in the corporate actions space. About Exchange Data International. (http://www.exchange-data.com/ ) Established in 1994, Exchange Data International is the premier provider of quality and accurate international securities administration reference data. The company provides back office solutions and securities data to most of the major brokerage houses, custodians, and data vendors internationally. In the decade since it was founded, EDI has garnered a worldwide reputation for high quality and accuracy of its international securities administration data. EDI has won acclaim for its innovations and rapid deployment of state- of-the-art technologies. This has allowed the company to expand both its product range and its geographic coverage, while retaining its original advantages as a lean company with low overheads that listens to its clients and responds to their needs and concerns in a flexible, innovative and cost- effective manner. EDI is a wholly owned subsidiary of Information Publishing Plc. 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 ACH 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, Judy DeRango Wicks, +1-678-375-1595, or , or Investors, Tina Moore, +1-678-375-1278, or , both of CheckFree Corporation Web site: http://www.checkfreecorp.com/ http://www.exchange-data.com/

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