CKFR Checkfree Corp (MM)

Siam Commercial Bank of Thailand Receives Commendation for E-Invoicing and Payment Service Based on CheckFree Platform ATLANTA and LONDON, June 15 /PRNewswire-FirstCall/ -- CheckFree Corporation (NASDAQ:CKFR) today announced that it has received a 2006 Technology Award from The Banker, part of The Financial Times Group based in London. CheckFree was recognised with the Wholesale/Investment Banking Back-Office Award for its implementation of CheckFree TradeFlow(TM), a transaction process management platform at BNP Paribas Securities Services, the Paris-based provider of securities services and investment operations. "BNP Paribas initially selected CheckFree TradeFlow because it uniquely met our new and expanding business requirements," said Richard Turner, head of global transaction services for BNP Paribas' Fund Services. "CheckFree TradeFlow has delivered improved control and increased efficiency and allows us to customise our services for a broad range of client environments, regardless of instrument type or geographic location. It has enabled us to build a single, generic STP hub that can provide clients with optimal service quality and the best transaction management platform on the market. BNP Paribas and our technology partner, CheckFree, worked closely together on this project to deliver positive, demonstrable results. We are honoured that The Banker, a prestigious industry publication, has recognized these outstanding results." BNP Paribas now handles all of its clients' Foreign Exchange, Money Markets and securities trades from initial instruction to settlement via CheckFree TradeFlow. The global STP hub is used for all SWIFT messaging requirements and interfaces to Omgeo services. These capabilities facilitate connectivity to the firm's worldwide brokers, custodians and other clients and counterparties. It also integrates seamlessly with the firm's internal accounting applications. As such, the global STP hub not only provides a standardised, streamlined environment for the back and middle-office but also extends the enterprise externally to all service touch points. Preston Hoffman, senior vice president and general manager, CheckFree Software, said, "This award with our valued client BNP Paribas validates CheckFree's commitment to technology excellence in the financial services industry. The ultimate endorsement has been from BNP Paribas' clients who have testified to the immediate benefits of the service they have received, which include increased STP, lower fail rates, and cost reduction through the outsourcing of the post-trade lifecycle to BNP Paribas rather than handling in-house." CheckFree client Siam Commercial Bank (SCB) of Thailand also received a "Highly Commended" award for its new e-invoicing and payment service, based on the CheckFree i-Series(TM) software platform. Established in 1926, The Banker, part of The Financial Times Group, is the premier magazine and acknowledged journal of record for the world's investment, retail and commercial banking sectors, with an ABC-certified circulation of over 26,000. A panel of respected judges from financial services organisations selected this year's winners of The Banker awards based on objective, results-oriented criteria. With more than 270 entries received this year, the award winners represented the best implementations in the world of finance. About BNP Paribas BNP Paribas Securities Services is a leading securities services provider to the world's financial institutions, with a local presence in all key European markets as well as in the US and Australasia. With 3,850 dedicated staff in 18 countries, BNP Paribas Securities Services has over 700 clients, including 8 of the world's top 10 investment managers, and a global custody network covering 75 markets. It holds over EUR3 trillion of assets under custody (March 2006) and EUR538 billion of assets under administration for over 4,000 funds worldwide. In 2005, BNP Paribas Securities Services processed over 27 million transactions. 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 the Company'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, and include statements regarding forecasts and expectations of revenue for the fourth quarter of fiscal 2006, earnings per share for the fourth quarter of fiscal 2006 and fiscal 2006 as a whole, free cash flow for fiscal 2006, and sequential transaction growth and the general performance of the Company's divisions in the fourth quarter of fiscal 2006 (paragraphs 8 and 9). Forward-looking statements involve risks and uncertainties, including without limitation, the various risks inherent in the Company's business, and other risks and uncertainties detailed from time to time in the Company's periodic reports filed with the Securities and Exchange Commission, including the Company'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 the Company'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 the Company, or any other person, that the objectives and plans of the Company will be achieved. All forward-looking statements made in this press release are based on information presently available to management, and the Company 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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