Danbury,
Conn (June 29, 2001) -- The relatively static
Electronic Bill Presentment and Payment (EBPP) industry
will get a major boost as Pitney Bowes (NYSE: PBI) launches
three separate EBPP sites for the Jersey Post, BHC Company,
and South Central Connecticut Regional Water within
one week.
The
launch of the BHC site is also the one of the fastest
launches completed to date. Both Connecticut implementations
leverage the partnership between Pitney Bowes docSense,
the software and services arm of Pitney Bowes and CheckFree,
the leading provider of electronic payment services
(NASDAQ: CKFR). Pitney Bowes docSense is a Certified
Premier partner of CheckFree, which offers access to
a comprehensive distribution and payment network of
nearly 275 financial services companies.
"This
is a clear sign that interest in the digital document
delivery business is increasing," said Karl Schumacher,
president of Pitney Bowes docSense. "Our ability to
handle the requirements of three implementations underscores
our continued commitment to be dominant in the EBPP
and EIPP spaces for both consumers and businesses. We
are exhilarated and we're very proud of our success."
"What
is clear from this week's activity is that EBPP is a
growth industry with a bright future and that Pitney
Bowes will play an increasingly active role in that
future," said Schumacher. "We are the only e-presentment
vendor that can combine a global reach and financial
stability with the functionality of a true Java 2 Enterprise
Edition (J2EE) architecture."
Pitney
Bowes Inc. is a $4 billion global provider of integrated
mail, messaging and document management solutions headquartered
in Stamford, Connecticut. The company serves over 2
million businesses of all sizes in more than 130 countries
through dealer and direct operations. For additional
information, visit the company's website at www.pitneybowes.com.
Pitney
Bowes docSense is the company's global provider
of premier solutions for the creation and distribution
of efficient and effective documents in paper and digital
form. Committed to component-based, open standards,
D3 is built with XML and Enterprise Java Beans (EJB)
and offers a highly scalable end-to-end solution. For
more information, please go to www.pbdmt.com.
Media Contact:
Scott Gerschwer
Manager, Media Relations
203-739-3163
Scott.Gerschwer@pb.com
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