CheckFree Establishes Consulting Unit

Georgia-based CheckFree, a provider of financial
electronic commerce services and applications, formed EC Solutions, a new
division of the company that will assist CheckFree’s billers, financial
institutions, software providers and service bureaus with education and
implementation of electronic billing and payment solutions.

The new division, set to launch next month, will operate autonomously of
other CheckFree business units and will report directly to Mark A. Johnson,
vice chairman of corporate development.

“Since we began providing solutions for electronic billing and payment nearly
three years ago, CheckFree has focused on driving the rate of adoption,
integration and implementation of Internet-based solutions,” said Johnson. “By
making knowledgeable resources available to connect financial institutions,
billers and third parties to our proven infrastructure, we will enable
partners
to implement the appropriate services in a more efficient, timely and
effective
manner.”

Services offered by CheckFree EC Solutions will be fee-based and will range
from strategic consulting services to contract development work.

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