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NEXTBILL NOW OFFERS ELECTRONIC DELIVERY OF BANK STATEMENTS DALLAS (October 1, 1999)... Customers of banks employing Brinkman Technologies' NextBill electronic bill presentment and payment (EBPP) system will now be able to receive banking statements and bills via e-mail. NextBill, which was introduced earlier this year as one of the first turnkey EBPP systems to use e-mail as the mode of bill delivery and the Federal Reserve's ACH system as the means of processing payments, now has the capability to automatically format customer statements into a Word or HTML e-mail attachment. "Electronic statement delivery has the capability to significantly reduce the printing and postage costs a bank must absorb to produce and mail bank statements," said Bob Kantin, BTI's vice president of marketing. "Both e-billing and e-statements are projected to be among the hottest investments financial institutions will be making over the next few years, and NextBill combines both capabilities into one cost-effective solution." To distribute customer statements, NextBill takes account data from any mainframe or midrange system at the bank's data center and merges the data into custom-designed statement templates. Once generated, these statements are delivered via e-mail to any customers who have registered for the service. Depending on the size of the financial institution, a NextBill installation costs anywhere from $25,000 to $250,000 in license fees. If NextBill resides on a bank's NT server, rather than at the BTI service bureau, no ongoing transaction fees are charged. About Brinkman Technologies, Inc.
Brinkman Technologies, Inc. (BTI) was founded in 1984 in Carrollton, Texas, a suburb of Dallas. In 1986, BTI introduced PowerLine, the first PC-based, multi-tasking cash management system operating in a private network environment. BTI now offers a full suite of banking services for small banks to multi-bank service bureaus, including electronic bill presentment and payment, corporate cash management, home banking, Internet banking, fax reporting, and ACH. In January 1999, BTI became a pioneer in the direct model of electronic billing when it launched NextBill. Please visit www.banksystems.com or www.nextbill.com for more information. All BTI products are Y2K compliant.
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