CKFR Checkfree Corp (MM)

ATLANTA and SYDNEY, Australia, Oct. 8 /PRNewswire-FirstCall/ -- Sibos Conference Booth L08 -- CheckFree Corporation (NASDAQ:CKFR) today announced that Singapore Exchange Limited, Asia Pacific's first demutualised and integrated securities and derivatives exchange, will deploy the CheckFree TradeFlow(TM) solution in its SGX Prime service for post-trade processing of securities at the Singpore Exchange Central Depository. "Lowering costs and increasing value for market participants are the keys to the Singapore Exchange building an enduring marketplace in Asia," said Daniel Tan, executive vice president and head of operations at Singapore Exchange. "We selected the CheckFree TradeFlow solution to develop SGX Prime for our straight-through processing (STP) hub based on its proven technology and its ability to deliver improved management control and transparency in post-trade processing." SGX Prime is an open access hub that allows scalable, efficient and effective transaction management across a broad range of financial instruments and product segments. The integration of CheckFree TradeFlow into SGX Prime allows brokers, depository agents and other market participants to engage in post-trade services, with a choice of connectivity options for clearing and depository systems, including ISO 15022 messaging standards. Market participants can connect direct through to SGX Prime to input their settlement instructions for matching prior to settlement in the Singapore Exchange Central Depository. "The selection of CheckFree TradeFlow for this strategic implementation with the Singapore Exchange underscores its market position as the post-trade processing solution of choice. CheckFree's Applied Operational Intelligence(SM) approach combined with our proven track record in building centralised processing hubs with other similar companies, along with our local commitment to the Asia-Pacific market, made CheckFree the logical partner for Singapore Exchange," said Preston Hoffman, senior vice president and general manager of CheckFree Software. CheckFree's Applied Operational Intelligence approach helps clients drive profitability and performance through a combination of innovative software, industry expertise and collaborative partnership. This approach is built on CheckFree's core competencies of reconciliation, exception management, transaction process management, corporate actions processing, payments processing, risk management and compliance. The Applied Operational Intelligence approach is expressly designed to manage risk and efficiency, while leveraging valuable 'operational intelligence' to achieve measurable return on investment. CheckFree TradeFlow allows organisations to efficiently manage, monitor and measure the flow of securities and cash transactions across the enterprise and through counterparties and settlement agents, while minimising operational risk and increasing operational efficiencies. For more information about CheckFree TradeFlow, visit http://www.checkfreesoftware.com/. About Singapore Exchange Limited (http://www.sgx.com/) Singapore Exchange Limited (SGX) is Asia-Pacific's first demutualised and integrated securities and derivatives exchange. SGX was inaugurated on 1 December 1999, following the merger of two established and well-respected financial institutions -- the Stock Exchange of Singapore (SES) and the Singapore International Monetary Exchange (SIMEX). On 23 November 2000, SGX became the first exchange in Asia-Pacific to be listed via a public offer and a private placement. Listed on its own bourse, the SGX stock is a component of benchmark indices such as the MSCI Singapore Free Index and the Straits Times Index. 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/ http://www.sgx.com/

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