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Monday July 31, 9:00 am Eastern Time Company Press Release SOURCE: billserv.com, Inc. billserv.com Achieves Nasdaq National Market Listing billserv.com Common Stock to Begin Trading on the Nasdaq National Market SAN ANTONIO, July 31 /PRNewswire/ -- billserv.com, Inc. (Nasdaq: BLLS - news), the leading electronic bill presentment and payment (EBPP) service bureau, today announced that it has been approved for trading on the Nasdaq National Market. billserv.com expects its common stock to begin trading on the Nasdaq National Market effective today, July 31, 2000 under the same ticker symbol, ``BLLS''.
``We're excited about the movement of our common stock to the Nasdaq National Market System,'' said Michael Long, chairman and CEO of billserv.com. ``The move positions the company to benefit from increased exposure among investors and analysts and opens the door to accelerated financial growth and investment capital.''
With a service bureau model that offers companies a complete, outsourced EBPP solution and other services such as Internet-based customer care, billserv.com serves a pivotal role for companies looking to participate in the Internet billing Marketplace. The company has entered into formal relationships with national and regional billers to provide electronic bill presentment and payment services, including Sallie Mae, Ultramar Diamond Shamrock and Chevron. billserv.com also has formal relationships with all major EBPP consolidators and other key electronic billing vendors, including CheckFree Corporation, TransPoint, Bank of America, Spectrum, MasterCard RPPS, PayTrust, CyberBills, NETdelivery Corporation, Innuity and CheckFree i- Solutions.
About billserv.com, Inc.
billserv.com, Inc. (Nasdaq: BLLS - news) is the leading electronic bill presentment and payment service bureau that provides billers with a turnkey outsourcing solution for presenting bills to consumers for payment on the Internet. billserv.com serves an intermediary role between billers and bill aggregators by consolidating customer billing information from multiple billers, and then securely delivering it to aggregators. billserv.com has four product offerings: eServ(SM), Internet billing clearinghouse services for EBPP; ePublishing(SM), electronic publishing services for online statement delivery; eCare(SM), an interactive customer care center operation; and eConsulting(SM), professional consulting services for billing organizations offering in-house bill presentment. billserv.com also owns and develops bills.com, the first Internet portal dedicated to EBPP, where consumers can pay all their bills electronically. For additional information, visit http://www.billserv.com or call (210) 402-5000.
Certain statements contained herein are ``forward-looking'' statements (as such term is defined in the Private Securities Reform Act of 1995). Because such statements include risks and uncertainties, actual results may differ materially from those expressed or implied by such forward-looking statements.
Media Relations Contacts: Jeff Davis or Kevin Manniko Davis.Comm Inc. (for billserv.com) (415) 837-3939 jdavis@daviscomm.com kmanniko@daviscomm.com
Investor Relations Contact: Jack Roney billserv.com (210) 402-5160 jack.roney@billserv.com Stock Symbol: Nasdaq: BLLS Investor inquires: (888) 559-4184 SOURCE: billserv.com, Inc. |