Checkfree Corporation - CKFR- Profile

CheckFree Corporation. The Group's principal activities are to provide financial electronic commerce products and services. The Group operates through three segments: Electronic commerce, Software and Investment services. Electronic Commerce segment provide services that allow customers to receive electronic bills through the Internet, pay any bill electronic or paper to anyone and perform customary banking transactions. Software segment delivers software, maintenance, support and professional services to financial service providers and other companies. The software products include ACH Solution that provides software and services that are used in Automated Clearing House payments. Investment Services segment provides investment portfolio management services and investment trading and reporting services to financial institutions, money managers and investment advisors. On 01-Jan-2006, the Group acquired CheckFree PhonePay Services Inc. Electronic Commerce accounted for 75% of fiscal 2006 revenues; Investment Services, 13% and Software, 12%