SOURCE: Silver Bullet Technology, Inc.

May 30, 2007 08:00 ET

CheckFree Joins Silver Bullet's "Easy License" Ranger Reseller Program

PENSACOLA, FL--(Marketwire - May 30, 2007) - CheckFree Corporation (NASDAQ: CKFR), through its wholly-owned subsidiary Carreker Corporation, has joined Silver Bullet Technology, Inc.'s new Easy License™ Ranger® reseller program. Easy License offers resellers the flexibility of quarterly reporting with no software unlocking required, enabling quick and easy installations at multiple customer locations.

Ranger is an industry-standard software tool designed to allow item processing applications to run unchanged on a wide variety of check scanner types manufactured by Addmaster, BancTec, Canon, CTS, Digital Check, Epson, Kodak, MagTek, Maverick, NCR, Panini, RDM, Seac Banche and Unisys. Software developers and end users enjoy the benefits of a single check scanner interface and the freedom to mix and match check scanner types.

"Silver Bullet has been a trusted partner of Carreker for more than a decade," said Mike Ringuette, general manager of Payment Solutions for CheckFree Corporation's Software Division. "The new Easy License packaging is a great example of how Silver Bullet continues to be responsive to the needs of our customers," Ringuette said.

With expertise across cash, check and ACH payments, CheckFree is uniquely positioned to help its customers increase revenues, reduce costs, operate more efficiently and comply with regulatory requirements. The addition of Carreker gives CheckFree a leadership role in Remote Deposit Capture products, a solution for which demand is strong among financial institutions and corporate clients. Carreker's Source Capture Suite™ of remote deposit capture products has been sold to many of the country's largest banks and is now available to smaller financial institutions and non-bank entities.

"We are delighted to be expanding our relationship with Carreker, now a part of CheckFree," said Bryan Clark, chief executive officer of Silver Bullet. "We've appreciated our past partnerships with them, and we're looking forward to their joining our reseller program."

About CheckFree Corporation (www.checkfree.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 the convenience of receiving and paying household bills online, via phone or in person through retail outlets. CheckFree Investment Services provides a broad range of investment management solutions and outsourced services to hundreds of financial services organizations, which manage about $1.8 trillion in assets. CheckFree Software develops, markets and supports payment processing solutions that are used by financial institutions to process more than two-thirds of the 14 billion Automated Clearing House transactions in the United States, and supports reconciliation, exception management, risk management, transaction process management, corporate actions processing, and compliance within thousands of organizations worldwide.

About Silver Bullet Technology, Inc.

Pensacola, FL-based Silver Bullet Technology, Inc. is the industry's foremost check scanner software developer, offering a comprehensive suite of Check 21 solutions and software tools. Silver Bullet has considerable experience working directly with financial institutions, scanner manufacturers and software vendors. Silver Bullet software tools offer support for scanner independence, the remote monitoring of scanner hardware health, and ensuring data quality at the point of capture. For more information, visit www.sbullet.com.

Easy License is a trademark and Ranger is a registered trademark of Silver Bullet Technology, Inc. All other brands and products referenced herein are acknowledged to be trademarks or registered trademarks of their respective holders.

Contact Information

  • CONTACT:
    Rick Schwab
    Director of Sales
    Silver Bullet Technology, Inc.
    850.437.5880
    Email Contact

    Scott Scredon
    CheckFree Corporation
    678.375.3752
    Email Contact