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EASYE Easylink Services (MM)

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Share Name Share Symbol Market Type
Easylink Services (MM) NASDAQ:EASYE NASDAQ Ordinary Share
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
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Continental Business Credit Selects EasyLink's Production Messaging 2.0 Service for Invoice and Statement Distribution

22/09/2005 12:30pm

Business Wire


Easylink Services (NASDAQ:EASYE)
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EasyLink Services Corporation, (NASDAQ: EASYE), a leading global provider of outsourced business process automation services that transform manual and paper-based business processes into electronic business processes, today announced that Continental Business Credit has selected EasyLink's Production Messaging Service to distribute accounts receivable statements to customers. Continental Business Credit provides asset based financing to manufacturing and service businesses, old line factoring services as well as accounts receivable management services to companies requiring expertise in establishing credit or collection policies and procedures. Continental Business Credit has incorporated EasyLink's Production Messaging 2.0 Service into its monthly statement distribution process, replacing a manual process involving paper documents and distribution through the postal mail. Now, statements are sent directly from Continental's operational systems through EasyLink, reducing the time, cost, and effort associated with this critical business process. Financial institutions worldwide use EasyLink Production Messaging 2.0 Service to eliminate or reduce the number of steps and degree of human intervention involved in producing and distributing business documents such as letters of credit, funds transfers and statements, among many others, gaining the benefits of lower cost, greater productivity, easier regulatory compliance management, and improved customer service. Diane Castro, Continental's IMS Manager commented: "EasyLink's solution was quick and easy for us to implement, and provides a better way for us to send statements to our customers rather than using the regular mail." Bill Fallon, EasyLink's Vice President of Marketing added: "EasyLink Production Messaging 2.0 Service is a great alternative to preparing and mailing paper statements. Not only can it lower costs, but it also reduces the cycle time of a payments process, another key financial metric." EasyLink Production Messaging 2.0 Service is a next generation business process automation solution for electronic distribution of high volumes of transaction documents originating in back office systems to a multiple destinations, typically as fax or e-mail messages. Customers can choose from a range of formatting options for submitting data to the EasyLink network as well as from a full set of data conversion, business rules and compliance checking capabilities, multiple options to secure the content of messages, archive and retrieval functions and message delivery via fax, e-mail, or other message or data formats. Once customers choose the level of automation and functionality required, EasyLink configures a custom solution tailored to their exact needs. About EasyLink Services Corporation: EasyLink Services Corporation (NASDAQ: EASYE), headquartered in Piscataway, New Jersey, is a leading global provider of outsourced business process automation services that enable medium and large enterprises, including 60 of the Fortune 100, to improve productivity and competitiveness by transforming manual and paper-based business processes into efficient electronic business processes. EasyLink is integral to the movement of information, money, materials, products, and people in the global economy, dramatically improving the flow of data and documents for mission-critical business processes such as client communications via invoices, statements and confirmations, insurance claims, purchasing, shipping and payments. Driven by the discipline of Six Sigma Quality, EasyLink helps companies become more competitive by providing the most secure, efficient, reliable, and flexible means of conducting business electronically. For more information, please visit www.EasyLink.com. About Continental Business Credit, Inc: Continental Business Credit is a provider of asset based financing, factoring, credit protection, accounts receivable management and lending services. We tailor financial solutions that help companies in various manufacturing or service businesses improve cash flow, reduce operating expenses and eliminate customer credit losses. To learn how you can put the resources at Continental Business Credit to work for your company call (818)737-3700 or visit us on the web at www.cbcredit.com. This news release may contain statements of a forward-looking nature relating to the future events or the future financial results of EasyLink. Investors are cautioned that such statements are only predictions and those actual events or results may differ materially. In evaluating such statements, investors should specifically consider the various factors which could cause actual events or results to differ materially from those indicated from such forward-looking statements, including the matters set forth in the Company's reports and documents filed from time to time with the Securities and Exchange Commission.

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