CKFR Checkfree Corp (MM)

Three CheckFree Solutions Awarded SWIFT's Highest Certification Levels ATLANTA and LONDON, Oct. 4 /PRNewswire-FirstCall/ -- CheckFree Corporation (NASDAQ:CKFR) today announced that three solutions for corporate actions processing, reconciliation and exception management, and transaction processing have each achieved the highest SWIFTReady accreditation. The Society for Worldwide Interbank Financial Telecommunication (SWIFT) is the financial industry-owned co-operative supplying secure, standardised messaging services and interface software to 7,800 financial institutions in more than 200 countries. "CheckFree has once again demonstrated continued investment in its solutions ensuring that they have the quality and adaptability to meet our increasingly stringent criteria," said Allan Spalding, Senior Business Manager, Partner Solutions at SWIFT. "CheckFree has achieved SWIFTReady Gold, the highest level of certification awarded by SWIFT. Each vendor's technology is judged on its ability to provide automation and support of SWIFT standards and Market Practice." The CheckFree eVent(TM) solution, the company's powerful automation and workflow solution for corporate actions processing, has also received the SWIFTReady label for corporate actions for the third successive year. For the seventh consecutive year, CheckFree's Accurate NXG reconciliation and exception management solution has secured the SWIFTReady Gold label for cash and securities reconciliation. CheckFree's transaction processing solution, CheckFree TradeFlow(TM), received the SWIFTReady Gold 2006 accreditation for financial enterprise application integration (EAI) for the seventh year running. The CheckFree TradeFlow solution enables global securities firms to manage the entire post-trade securities process across multiple departments, instruments and regions in real-time. "We are honored that SWIFT has granted CheckFree its highest levels of certification," said Bert Harkins, vice president, global strategic marketing, CheckFree Software. "By consistently investing in each of our solutions, CheckFree continues to meet the constantly changing requirements of both our clients and the global financial services industry. Our SWIFT-accredited solutions deliver competitive advantage by driving performance and profitability, reducing operational costs and errors and potentially improving risk management capabilities." 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 $1.4 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 14 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. 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, 2006 (filed September 8, 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 , or Investor relations, Tina Moore, +1-678-375-1278, or , both of CheckFree Corporation Web site: http://www.checkfreecorp.com/

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