CKFR Checkfree Corp (MM)

- Boost Mobile customers can add minutes to pay-as-you-go phones while on the go - ATLANTA, May 16 /PRNewswire-FirstCall/ -- CheckFreePay(TM), a business unit of CheckFree Corporation (NASDAQ:CKFR), and Boost Mobile, a youth lifestyle-based telecommunications brand, today announced that Boost Mobile's eRe-Boost(TM) service is now available at select CheckFreePay walk-in locations. eRe-Boost(TM) enables consumers across the United States to electronically add minutes to their Boost Mobile cellular phones. CheckFreePay's technology delivers an immediate cash recharge of wireless minutes without requiring a PIN or credit card for a hassle-free pay-as-you-go mobile phone experience. CheckFreePay powers consumer in-person payments at more than 11,000 agent sites located in check cashing, retail and grocery stores. Americans on-the-go make millions of walk-in payments each year, paying utility, credit card and wireless bills in-person, often using cash. Now, Boost Mobile customers can take advantage of the convenience of walk- in payments to recharge their phones in any dollar amount they choose ranging from $20 to $99. CheckFreePay converts the cash payment to an electronic transaction that updates the customer's account in real time. The transaction is fast and secure, allowing customers to quickly make calls from their Boost Mobile wireless phones. "CheckFreePay makes walk-in payments as convenient as possible for today's busy consumer," said Matt McKernan, Senior Vice President, Biller Business Unit, CheckFree. "Offering an immediate cash transaction enables Boost Mobile's active, younger customers to replenish their wireless minutes easily so they can stay connected to friends and family." The Boost Mobile Plan Boost Mobile Pay-As-You-Go pricing offers competitive peak and off-peak rates. Calls are 20 cents per minute Monday through Friday, 7 a.m. to 9 p.m., and 10 cents per minute after 9 p.m. Monday through Friday and on weekends (long distance calling and roaming included at no extra charge). Boost(TM) Walkie-Talkie is a dollar a day for unlimited nationwide use and the charge applies only on the days the service is used. For more information and to locate a CheckFreePay authorized payment location, please visit http://www.checkfreepay.com/. About Boost Mobile Based in Irvine, California, Boost Mobile is a lifestyle-based telecommunications brand focused on offering premium Pay-As-You-Go wireless phones and services to the youth market. Boost is among the fastest growing wireless services in the U.S. and now has more than 3.1 million customers -- the majority of which are under the age of 25. Boost-branded wireless phones with its exclusive Boost(TM) Walkie-Talkie service and Re-Boost(R) Cards are available nationwide at locations where youth prefer to shop, including national retailers and convenience stores, and merchants that focus on fashion, music, and action sports-related activities. Experience Boost on the Web at http://www.boostmobile.com/ 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 about $1.3 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), Form 10-Q for the quarter ended September 30, 2005 (filed November 8, 2005), Form 10-Q for the quarter ended December 31, 2005 (filed February 8, 2006), and Form 10-Q for the quarter ended March 31, 2006 (filed May 9, 2006). 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.checkfreepay.com/ http://www.boostmobile.com/

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