CKFR Checkfree Corp (MM)

Checkfree GIM Provides Scalability and Stability for Global, Always-On Functionality ATLANTA AND JERSEY CITY, N.J., Dec. 4 /PRNewswire-FirstCall/ -- CheckFree Corporation (NASDAQ:CKFR) today announced that the CheckFree GIM(R) system it provides to UBS Global Asset Management will be extended to London at the end of the year, with other locations migrating onto the new platform in 2007. CheckFree GIM delivers stability and scalability, and the advanced offering provides browser-based functionality that will meet the 24/7 demands of the company's global operations. UBS is an important customer among a list of prestigious international and institutional money managers who turn to CheckFree for solutions such as GIM that provide them with cutting edge functionality. The product has enabled clients to redefine and shape the future of the marketplace through the provision of innovative and expansive product offerings and market-leading client services. CheckFree attained GIM through its acquisition of integrated decision systems (IDS) in September 2005. "CheckFree is committed to empowering our customers with superior technologies that simultaneously drive down operating costs and improve efficiencies," said Michael Gianoni, executive vice president and general manager at CheckFree Investment Services. "We are proud to provide institutional customers such as UBS Global Asset Management with a robust system that improves scalability, security and stability while providing the end user more control to create, customize, and manage their individual systems. As CheckFree Investment Services expands to include institutional money management offerings, we leverage the institutional knowledgebase and experience we gained through our acquisition of IDS." CheckFree GIM will continue to be supported as a premier tool in the multi-currency marketplace as well as high-end institutional money management and wealth management, and will complement the CheckFree product line, which includes CheckFree APL(SM), CALiPER(TM) and CheckFree EPL(SM), coming in 2007. 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 the convenience of receiving and paying household bills online, via phone or in person through retail outlets. CheckFree Investment Services provides a broad range of investment management solutions and outsourced services to hundreds of financial services organizations, which manage about $1.5 trillion in assets. CheckFree Software develops, markets and supports payment processing solutions that are used by financial institutions to process more than two-thirds of the 14 billion Automated Clearing House transactions in the United States, and supports reconciliation, exception management, risk management, transaction process management, corporate actions processing, and compliance within thousands of organizations worldwide. 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) and Form 10-Q for the quarter ended September 30, 2006 (filed November 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 , Investor Relations, Tina Moore, +1-678-375-1278, or , both of CheckFree Corporation Web site: http://www.checkfreecorp.com/

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