Atlanta and London (ots/PRNewswire) - CheckFree Software, a
business of CheckFree Corporation (Nasdaq: CKFR), today announced
that Itacable, a leading provider of Internet-based direct marketing
and payments services, has gone live with Italy's first
business-to-business electronic invoice and payment (EIP) service,
named ItaLock. The new service is based on the industry-leading
CheckFree i-Series software platform and was implemented locally with
the support of CheckFree's Italian partner Selesta S.p.A., one of the
largest dedicated suppliers of electronic billing and payment (EBP)
solutions in Italy.
Itacable provides leading-edge direct marketing, data management
and Web-based publishing services to the Italian and global markets.
The company also handles payments and loyalty programmes for several
credit card issuers in Italy. As Italy's first dedicated B2B biller
service provider (BSP), Itacable is adding e-billing as a strategic
and complementary fit for its core business management services. In
addition to Itacable's existing customers, including Barclays Bank,
Nokia and Alliance Insurance, the company plans to promote the new
service to potential biller-customers in telecommunications,
utilities, financial services, manufacturing, transport and
Says Gianmarco Fedi, Itacable's managing director: "E-billing adds
a whole new dimension to our CRM and marketing activities, generating
valuable new customer-centric data. As the first service of its kind
in the country, e-billing also gives us an exciting new flagship
offering with which to open up additional markets."
The decision to go with Selesta and CheckFree was straightforward.
According to Mr. Fedi: "Selesta is the only Italian solution provider
that is offering e-billing and CheckFree provides the most
comprehensive technology suite available on the market today. We are
particularly impressed with the flexibility of CheckFree i-Series,
its data handling capabilities and the CheckFree i-Series Payment
module with its data warehouse tools to support the payment process.
CheckFree's Market Direct(TM) module will also enable us to leverage
our CRM data to deliver customised marketing content with the bill. A
speedy initial deployment in under three months has assured us a
front-line position in this new market in Italy."
Mr. Fedi continued: "Businesses in Italy are just now beginning to
recognise the many benefits e-billing can offer. For corporations,
e-billing can streamline the payment process, strengthen their
connections with banking networks, reduce bill processing and postage
costs and improve their customer services significantly."
Itacable has now begun an aggressive marketing campaign to promote
the service across the country. It is quick to point out to potential
biller clients that as an outsourced service, Itacable can offer a
fast, no-risk way of entering the market, requiring minimal up-front
investment and no in-house EIP expertise.
Mr. Adriano Prefumo, founder and President of Selesta SpA says,
"the choice of Itacable as a BSP in close partnership with Selesta
confirms our capacity to propose innovative solutions of important
international level suppliers to the market, such as the CheckFree
i-Series platform. I also think that the current legislative and
cultural evolution of the Italian market on the theme of EIP is an
important chance for Itacable and Selesta to operate successfully in
a best of breed way."
Comments Randy McCoy, Executive Vice President and General Manager
of CheckFree Software: "This is a highly significant event for the
e-billing industry in Italy. Our partner, Selesta, is Italy's first
technology integrator to offer a comprehensive suite of e-billing
solutions, and Itacable is the first BSP to bring that range of
services to market. Underpinning these 'firsts' is CheckFree's
world-class technology and proven EBP/EIP deployment expertise."
About Itacable ( www.itacable.net )
Itacable SpA, founded in 2000, started business as specialists in
the development of websites and e-commerce platforms for the consumer
distribution, airline and telco industries. In 2003 the company added
data management to its portfolio, extending its services to the
finance and tourism sectors. Itacable also handles direct marketing
and the management of large geographically referenced databases for
leading European telecoms, finance, insurance and publishing
companies. The company's other main services include the processing
of electronic payment services (B2B and B2C) on behalf of corporates
and multinational credit and debit card clients. A rapidly-growing
organisation, Itacable SpA is headquartered in Milan with additional
offices in Rome and Dubai (UAE).
About Selesta ( www.selesta.com )
Selesta S.p.A., with over twenty years of activity, is one of the
Italian successes, of international scope, playing a major role in
the world of Information Technology, especially in large and medium
sized enterprise environment. The innovative connotation of the
solutions offered, the ability to listen to clients and the market,
together with the great specialization acquired, make up the
determining factors for the success that Selesta has reached in more
than twenty years of activity on both national and international
markets. Selesta S.p.A. stands out for distribution of specialised
technologies accurately selected from those recognized as market
leaders by analysts; supply of solutions based on the technologies
offered and customized to the needs and objectives of our clients;
use of supportive methodologies, fruit of the experience acquired the
competence and experience of over 200 dedicated professionals.
Selesta S.p.A. operates in Italy from the head office and historical
seat in Genoa and the offices of Milan, Rome, Turin, Vicenza and
Bologna. At the international level the branch offices are: Madrid,
Lisbon and Paris.
About CheckFree ( 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 more than US$1 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 10 billion Automated Clearing House
transactions in the United States. The division also provides
reconciliation, financial messaging, compliance and electronic
billing and statement software to hundreds of organisations across
Certain of CheckFree'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 CheckFree's
business, and other risks and uncertainties detailed from time to
time in CheckFree's periodic reports filed with the Securities and
Exchange Commission, including CheckFree's Annual Report on Form 10-K
for the year ended June 30, 2004 (filed September 3, 2004), Form 10-Q
for the quarter ended September 30, 2004 (filed November 9, 2004) and
Form 10-Q for the quarter ended December 31, 2004 (filed February 8,
2005). One or more of these factors have affected, and could in the
future affect CheckFree'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 CheckFree, or any other
person, that the objectives and plans of CheckFree will be achieved.
All forward-looking statements made in this press release are based
on information presently available to management, and CheckFree
assumes no obligation to update any forward-looking statements.
Web site: http://www.checkfreecorp.com
ots Originaltext: CheckFree Corporation
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Media, Judy DeRango Wicks, +1-678-375-1595, or firstname.lastname@example.org
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, both of CheckFree Corporation