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CONTACT INFORMATION

FISCHER INTERNATIONAL
www.fisc.com


FOR IMMEDIATE RELEASE
FISCHER INTERNATIONAL Announces PRIO! mBill, A Robust and Scalable Electronic Bill Presentment and Payment (EBPP) Solution
Prio! mBill is a 2nd Generation Internet Bill Delivery Solution that Emulates Traditional Billing Processes and Offers Huge Savings and CRM Opportunities

ISPCON, Booth 1849 , October 26, 1999 – Fischer International, a leading provider of enterprise messaging, directory, and security software and services, today announced Prio! mBill, a second-generation bill delivery solution that delivers non-reputable bills over a secure messaging backbone via the Internet right to the consumer’s email inbox. Prio! mBill runs on an enterprise’s existing infrastructure and is also the first commerce-class advanced e-business application to be delivered within the Prio! suite of products.

Unlike the first generation of EBPP, Prio! mBill emulates the paper billing process, allowing consumers and trading partners to receive, review, analyze, and pay bills directly from their e-mail system without ever having to visit a web portal or sign on to a third-party website. Rich content Web documents, containing links to Biller and consolidator Web sites, are delivered directly to the recipients’ inboxes. Enterprises achieve an unprecedented level of one-to-one marketing opportunities and improved two-way communication through the direct messaging link with customers. Prio! mBill’s two-way non-repudiation addresses proof of delivery issues, and actually eliminates the legal need for paper-based billing.

Prio! mBill is transforming the process of billing into a strategic program designed for customer retention. With Prio! mBill, enterprises can build strong customer loyalty through one-to-one marketing, and gain additional revenue via profile targeted marketing and paid banner ads or links,” said Dawn Cole, Director, Product Marketing. “Prio! mBill will also enable companies to save an estimated 30%-50% in operating costs associated with paper billing and payment activities.” Utilities, telephone companies, banks, and other issuers of repetitive bills can expect immediate decreased costs and return on investment with EBPP. Killen & Associates estimates that organizations can save $8 billion by 2001 by cutting costs on postage, paper, processing and customer service.

Prio! mBill is designed to take advantage of the full capabilities of the web, benefiting all parties involved. The biller has the ideal vehicle for promoting their company and products, build customer loyalty, and provide marketing information for secondary services. The e-bills can also serve as a moneymaker, with banner ads and paid links to sponsors. The user has the power to choose how to pay the bill in a simple pull down point and click menu. In addition, preliminary indications show that electronic bill payers pay their bills sooner than traditional means, which results in a faster and better cash flow.

Prio! mBill’s performance and scalability are critical to Supporting an extremely high-volume of bills. “Prio! mBill is designed to Support up to50+ million bills per server, cutting implementation costs by a factor of ten or more,” said Rick Szatkowski, CEO of Fischer International. “Prio! mBill runs on top of a company’s existing infrastructure and has very low administration costs, and requires low personnel resources.” The application integrates with several current legacy systems including those based on Oracle, Sybase, and other databases. The entire billing transaction is executed within the user’s personal e-mail client. Prio! mBill is compatible with Netscape Messenger, Outlook, Outlook Express, Execmail and the Prio! QuickMail client.

Pricing and Availability

The Prio! mBill application scales to an enterprise’s growth needs while utilizing the most cost effective platform integration. Prio! mBill can run on top of an organization’s existing infrastructure or can also be purchased as part of the Prio! suite of products. For more information about pricing, availability, and consulting/integration services, please contact Fischer International at 941-643-1500.

About Prio!
Prio! is a suite of products that enables an enterprise to implement advanced e-business applications in a cost effective and efficient manner. With Prio!, organizations can create advanced e-business environments that leverage the Internet by tying together suppliers, manufacturers, partners, distributors, and customers in automated two-way communication.

About FISCHER INTERNATIONAL Systems Corporation
Fischer International Systems Corporation (FISC) develops, markets, licenses and supports customer-focused enterprise messaging, directory and security software services. The company provides scalable, open and secure e-enterprise solutions that reduce corporate risk, increase productivity, facilitate business integration and protect IT investments. Fischer International is headquartered in Naples, Florida with offices located in the United States, the United Kingdom and India. For additional information on Fischer International, please visit their web site at www.fisc.com.

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