IDC Interactive Data Corp.

-- Alliance enables firms to reduce complexity associated with corporate actions processing -- ATLANTA and LONDON, July 13 /PRNewswire-FirstCall/ -- CheckFree Corporation (NASDAQ:CKFR) today announced that CheckFree eVent(TM), the company's powerful automation and workflow solution for corporate actions processing, now offers an ISO 15022 compliant interface to FT Interactive Data's corporate actions data feed. FT Interactive Data, an Interactive Data business (NYSE:IDC), is a leading supplier of financial information to global markets. The combination of FT Interactive Data's ISO 15022 formatted corporate actions data with CheckFree eVent enables greater end-to-end automation of corporate actions processing. With the help of CheckFree eVent, users can receive, process and share corporate actions data without the need to convert to and from proprietary formats, a process that can be time-consuming, processing- intensive and prone to error. Nat Sey, manager of delivery and infrastructure at Interactive Data (Europe) said, "A combination of CheckFree's and FT Interactive Data's extensive expertise in SWIFT standards ensured a smooth test and, through this alliance, customers will benefit from an anticipated reduction in implementation timescales as well as further enhancements to our corporate actions data services. CheckFree eVent is an attractive offering for firms that want to capitalise on the benefits offered by market data standards such as ISO 15022." Geoff Harries, director of STP product management at CheckFree Software said, "CheckFree eVent's success is built upon working with key partners to provide solid benefits to our client base. The interface with FT Interactive Data further strengthens our commitment to the ISO 15022 message format and provides our clients with key enhancements which are designed to reduce the potential risk and complexity of corporate actions processing." With the help of CheckFree eVent, organisations can receive, compare and validate corporate actions data from multiple sources without manual intervention, a process that can otherwise be time-consuming and prone to error. The solution helps automate the electronic receipt of notifications and provide online management facilities to direct the entire process from notification to settlement. SWIFTReady Gold accredited, CheckFree eVent is built on the same financial messaging platform as the SWIFTReady Gold accredited CheckFree TradeFlow(TM) solution. More recently, CheckFree eVent has achieved the CityCompass Research B.I.S.S. Gold Accreditation for Corporate Actions Systems. This designation, along with the SWIFT accreditation, further reflects CheckFree's commitment to technology leadership in the corporate actions space. For more information about CheckFree eVent, visit http://www.checkfreesoftware.com/. FT Interactive Data, a provider of corporate action event data for over 30 years, has a wealth of experience in gathering, updating, validating and delivering corporate actions data to financial institutions. Its comprehensive corporate action information available in ISO 15022 format includes rights issues, bonus issues, mergers and acquisitions, and redemptions. FT Interactive Data recently achieved the CityCompass Research B.I.S.S. Gold Accreditation for Data Services for the second year running. About Interactive Data ( http://www.interactivedata.com/ ) Interactive Data Corporation (NYSE:IDC) is a leading global provider of financial market data, analytics and related services to financial institutions, active traders and individual investors. The Company's businesses supply time-sensitive pricing, evaluations, dividend, corporate action and reference data for more than 3.5 million securities traded around the world, including hard-to-value instruments. Many of the world's best- known financial service and software companies subscribe to the Company's services in support of their trading, analysis, portfolio management and valuation activities. Through its businesses, FT Interactive Data, ComStock, CMS BondEdge and eSignal, Interactive Data has approximately 2,200 employees in offices located throughout North America, Europe, Asia and Australia, and is headquartered in Bedford, MA. Pearson plc (NYSE:PSO)(LSE:PSON), an international media company, whose businesses include the Financial Times Group, Pearson Education, and the Penguin Group, owns approximately 62 percent of the outstanding common stock of Interactive Data Corporation. FT Interactive Data provides global securities pricing, evaluations, dividend, corporate action and reference data designed to support financial institutions' and investment funds' pricing activities, securities operations, research and portfolio management. FT Interactive Data collects, edits, maintains and delivers data on more than 3.5 million securities, including daily evaluations for approximately 2.5 million fixed income and international equity issues. FT Interactive Data specialises in 'hard-to-value' instruments and 'hard-to-get' information from emerging markets. Evaluated pricing is provided in the U.S. through FT Interactive Data Corporation and internationally through Interactive Data (Europe) Ltd. and Interactive Data (Australia) Pty Ltd. For more information, please visit: http://www.interactivedata.com/ About CheckFree (http://www.checkfreecorp.com/) Founded in 1981, CheckFree Corporation (NASDAQ:CKFR) provides financial electronic commerce services and products to organizations around the world. CheckFree Electronic Commerce solutions enable thousands of financial services providers and billers to offer their customers the convenience of receiving and paying their household bills online or in person through retail outlets. CheckFree Investment Services provides a broad range of investment management solutions and outsourced services to thousands of financial services organizations, which manage more than $1.2 trillion in assets. CheckFree Software develops, markets and supports software applications that are used by financial institutions to process more than two thirds of the 12 billion ACH transactions in the United States. The division also provides operational risk management, financial messaging, corporate actions, and regulatory compliance software to more than 1,500 organizations across the globe. Certain of the Company's statements in this press release are not purely historical, and as such are "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995. These include statements regarding management's intentions, plans, beliefs, expectations or projections of the future. Forward-looking statements involve risks and uncertainties, including without limitation, the various risks inherent in the Company's business, and other risks and uncertainties detailed from time to time in the Company's periodic reports filed with the Securities and Exchange Commission, including the Company's Annual Report on Form 10-K for the year ended June 30, 2005 (filed September 2, 2005), Form 10-Q for the quarter ended September 30, 2005 (filed November 8, 2005), Form 10-Q for the quarter ended December 31, 2005 (filed February 8, 2006) and Form 10-Q for the quarter ended March 31, 2006 (filed May 9, 2006). One or more of these factors have affected, and could in the future affect the Company's business and financial results in future periods, and could cause actual results to differ materially from plans and projections. There can be no assurance that the forward-looking statements made in this press release will prove to be accurate, and issuance of such forward-looking statements should not be regarded as a representation by the Company, or any other person, that the objectives and plans of the Company will be achieved. All forward-looking statements made in this press release are based on information presently available to management, and the Company assumes no obligation to update any forward-looking statements. DATASOURCE: CheckFree Corporation CONTACT: Media relations, Judy DeRango Wicks, +1-678-375-1595, or , or Tina Moore, +1-678-375-1278, or , both of CheckFree Corporation; or Sue Mitchell of Interactive Data (Europe) Ltd., +44 (0) 20 7825 8076, or Web site: http://www.checkfreecorp.com/ http://www.checkfreesoftware.com/ http://www.interactivedata.com/

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