BillMatrix Adds CTO to Widen Technology Leadership

DALLAS, Texas – December 1, 2003 – BillMatrix Corporation, a provider of outsourced telephone- and Internet-based recurring payment services, named Robert M. Stephens to the newly created position of Chief Technology Officer. Stephens’ addition to the senior management team exemplifies the company’s commitment to retaining its leading technical position in the growing and dynamic payment processing industry.

“The clients of BillMatrix rely on consistent, always-on systems to offer the highest level of consumer convenience while improving cash flow and reducing costs,” said Stephens. “This is a very technologically strong organization and I’m eager to help the team deliver even more value to our clients.”

As Senior Vice President and Director of Information Technologies at Kintetsu Global Information Technologies, Stephens was responsible for the planning, design and deployment of information solutions across a global network of clients and employees at one of the world’s leading freight forwarding companies.

“Bob brings to our staff over 20 years of proven success in leading IT teams and managing development projects,” said Scott Walker, BillMatrix’ President and CEO. “With a strong track record of client satisfaction and a focus on operational excellence, BillMatrix will continue our technical superiority under Bob’s leadership.”

Prior to Kintetsu, Stephens held long-term executive leadership positions at Fritz Companies and Intertrans Corporation, leaders in the global freight industry. He was educated in computer science at the University of Texas at Arlington, Texas and Skyline CDC in Dallas, Texas.

BillMatrix Corporation
BillMatrix Corporation provides outsourced payment services for the nation’s largest companies using the latest automated consumer interface technologies. Founded in 1994 and headquartered in Dallas, BillMatrix enables corporations in the telecommunications, utility, insurance, mortgage and financial services industries to replace expensive, paper-based methods of remittance with a set of convenient, labor- and cost-saving electronic transactions. Consumers are able to make payments in a private and secure manner, via the Internet and telephone, using a variety of credit card, debit/ATM card, and electronic check payment options. BillMatrix maintains a fully staffed customer service organization to support both its clients and their consumers with any payment issues. For more information, visit www.BillMatrix.com or call (800) 596-0221.