CKFR Checkfree Corp (MM)

CSG Systems Expands Online Bill Payment Capabilities With New Bill Consolidation Solution New Module of CSG(R) Care Express Product Leverages Industry-Leading Electronic Billing Technology From CheckFree NEW ORLEANS, (The National Show), May 3 /PRNewswire-FirstCall/ -- Leading global customer care and billing solutions provider CSG Systems today announced the availability of Consolidator, a new module of CSG's Care Express product that allows consumers to pay bills from their broadband service provider through their choice of over 1,000 financial services web sites. (Logo: http://www.newscom.com/cgi-bin/prnh/20020627/CSGSLOGO ) CSG(R) Care Express enables broadband subscribers to manage their account and view, manage and pay bills over the Internet. By adding the new Consolidator module, service providers will be able to present monthly bills to consumers not only through their own Web site, but also through a wide variety of bill payment sites on the Internet, such as banking web sites, brokerage firms, credit unions and Internet portals. CSG has partnered with CheckFree Corporation (NASDAQ:CKFR), a leading provider of financial electronic commerce services and products, to offer bill consolidation services. The companies have completed a tight, real-time integration between CSG Care Express and CheckFree e-Bill(R) distribution services to allow CSG's broadband and direct broadcast satellite customers to tap into the growing consumer interest in paying bills online. "With consumer interest in online bill payment growing exponentially, our broadband and DBS customers are looking to extend their billing capabilities to cover as many e-billing avenues as possible," said Ed Nafus, president of CSG's Broadband Services Division. "We believe that our partnership with CheckFree allows us to deliver industry-leading bill consolidation services that will enable our customers to better serve their subscribers." "Broadband operators will bring valuable content to our financial services clients, while they provide their customers with the convenience and control of choosing where they want to pay bills online," said Doug Krapcho, senior vice president of CheckFree Biller Solutions. "Consumers are looking for more control over their finances and increased convenience and control over monthly finances is a large part of electronic billing and payment's value." About CSG Care Express CSG Care Express enables customers of broadband services providers and direct broadcast satellite providers (DBS) to perform self-care functions such as viewing, managing and paying bills over the Internet. Care Express works with CSG's CCS core billing solution and offers three fully-integrated options -- an Electronic Bill Presentment and Payment (EBPP) module, a Self-Care module and a Consolidator module, managed in CSG Systems' state of the art service bureau facility. Over one and a half million customers use Care Express on a regular basis to pay bills, manage account information and add or change services without interacting with a call center. About CheckFree (http://www.checkfreecorp.com/) CheckFree (NASDAQ:CKFR) is the leading provider of financial electronic commerce services and products. Founded in 1981 and celebrating its 23rd year in e-commerce, CheckFree is comprised of three divisions: Electronic Commerce, Software, and Investment Services. CheckFree launched the first fully integrated electronic billing and payment solution in 1997. In the quarter ended December 31, 2003, more than 12 million consumers initiated online payments through services offered by CheckFree's Electronic Commerce division. Electronic billing and payment is available through more than a thousand financial services organizations, including banks, brokerage firms, Internet portals and personal financial management (PFM) software. At these sites, consumers are able to electronically receive and pay essentially all the bills most common to a U.S. household. CheckFree delivers 18.5 million e-bills each quarter. CheckFree Investment Services provides a broad range of investment management services to thousands of financial institutions nationwide. The division's clients manage more than 1.4 million portfolios totaling more than $700 billion in assets. CheckFree's Software division provides solutions through three operating units: CheckFree ACH Solutions, CheckFree Financial and Compliance Solutions (CFACS), and CheckFree i-Solutions. CheckFree ACH Solutions provides software and services that are used to process more than two-thirds of the nation's nine billion Automated Clearing House payments, while CFACS provides reconciliation, financial messaging, workflow and compliance software and services to more than 600 organizations in the banking, brokerage, investment management, insurance and credit card industries, among others. CheckFree i-Solutions is the leading provider of e- billing and e-statement software and services for both business-to-consumer and business-to-business applications. About CSG Systems With worldwide headquarters in Englewood, Colo., CSG Systems is a subsidiary of CSG Systems International, Inc. (NASDAQ:CSGS). CSG and its wholly-owned subsidiaries serve more than 265 service providers in more than 40 countries. CSG is a leader in next-generation billing and customer care solutions for the cable television, direct broadcast satellite, advanced IP services, next generation mobile, and fixed wireline markets. CSG's unique combination of proven and future-ready solutions, delivered in both outsourced and licensed formats, empowers its clients to deliver unparalleled customer service, improve operational efficiencies and rapidly bring new revenue- generating products to market. CSG is an S&P Midcap 400 company. For more information, visit our website at http://www.csgsystems.com/. http://www.newscom.com/cgi-bin/prnh/20020627/CSGSLOGO http://photoarchive.ap.org/ DATASOURCE: CSG Systems CONTACT: Elise Brassell, +1-303-804-4962, ; or Liz Bauer, Investor Relations, +1-303-804-4065, , both of CSG Systems Web site: http://www.checkfreecorp.com/ http://www.csgsystems.com/

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