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FOR IMMEDIATE RELEASE
April 5, 2000
Release No. 26

POSTAL SERVICE OFFERS ELECTRONIC BILLING AND PAYMENT

WASHINGTON-The U.S. Postal Service today formalized agreements with CheckFree Corporation and YourAccounts.Com, a division of Output Technology Solutions (OTS), to offer its customers electronic billing and payment as another way of fulfilling its mission as the country's trusted third party and universal service provider. The new service, known as USPS(tm)eBillPay, is available beginning today.

"Since the earliest days of this country, the Postal Service has been there to connect Americans in every neighborhood and city with each other. Today we are reaching out to make sure that universal service is also available in our country's newest community, the on-line community," said Postmaster General William J. Henderson.

"No one knows how quickly Americans will change their habits," says Henderson, "but it is certain that the generation that has grown up with PCs, will move to transacting business on the Internet."

"Our people and our organization will ensure secure, reliable service via the Internet with the same level of commitment we have delivered on paper for more than 200 years," added Henderson. "Working with technology and financial electronic commerce leaders from the private sector is the best way to leverage the Internet, and the best way to explore opportunities for efficiency, cost and time savings for our customers," he continued.

Customers can find out more information and sign-up for the new service online at the Postal Service's web site www.usps.com .

USPS(tm)eBillPay Background Information

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