BillServ.com

www.bills.com

Things are starting to come together at Billserv.com. Besides having a superb domain name, www.bills.com the San Antonio, TX-based company put itself on the map by landing the much-coveted Sallie Mae bill presentment account. With 2.4 million billing statements per month, expected to grow to 4 million per month in 2000, Sallie Mae is one of the biggest billers in the country. And its recent-college-graduate population is a perfect segment to pitch bill presentment to. Separately, the OTC-bulletin board stock released its first earnings statement showing $0 in revenue and $2.5 million in expenses for the first six months of 1999. The company trades over the counter as BLLS and sports a market cap of just under $60 million (8/12/99).
Contact: Michael R. Long is CEO, (210) 402-2100.

Billserv.com

Michael R. Long, CEO
1100 NW Loop 410, Suite 700
San Antonio, TX 78213
(210) 366-8775
info@billserv.com
www.billserv.com and www.bills.com

Electronic Bill Pay Volume: 0

Claim to Fame: Web-based start-up already boasting a market cap of $80 to $100 million (based on 10 million shares outstanding, trading on the OTC BB under BLLS) after just a few months in business and one announced customer, a pilot with the home town San Antonio Water System.

•  Launched company in Jan. 99.
•  Planning on launching bills.com later this year, “the first Internet portal where consumer will be able to pay all their bills online at no charge” (our italics).
•  Marketing turnkey bill presentment and payment service bureau solutions to small and mid-sized billers.
•  Processing is from Checkfree and software is from BlueGill.

Coming later in 1999, what it hopes will be the first “billing portal.”