BillServ.com Lands the Sallie Mae Account |
BillServ.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.
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