Las Vegas Valley Water District signs agreement for electronic bill presentment and payment services

Billserv, Inc., today announced that it has signed a multi-year agreement with the Las Vegas Valley Water District (LVVWD) to implement its electronic billing services to the District's more than 800,000 customers.

May 31st, 2001

San Antonio, May 30, 2001 — Billserv, Inc., today announced that it has signed a multi-year agreement with the Las Vegas Valley Water District (LVVWD) to implement its electronic billing services to the District's more than 800,000 customers.

The EBPP system is scheduled to be available to Las Vegas Valley Water District this summer. Once implemented, LVVWD customers will gain the ability to view and pay their bills directly at the company's web site at http://www.lvvwd.com/, or through a variety of front-ends such as banks, portals and billing aggregation sites currently available through Billserv's relationships with all major EBPP aggregators. Billserv's established distribution channels offer companies and consumers the widest selection of Web sites to deliver, view, pay and manage bills.

"The Las Vegas Valley Water District is distinguishing itself as an organization that is embracing new technologies together with a citizens-first philosophy," said Michael Long, chairman and CEO of Billserv, Inc. "We look forward to offering the convenience of this new technology to the residents of southern Nevada and will support the Water District to effectively communicate the benefits of online bill management."

LVVWD customers will also benefit from Billserv's instant account activation feature. This adoption-enhancing service allows customer requests for activation to be approved automatically, making bill payment and access to historical statements immediately available.

Billserv now has 41 biller relationships contracted representing 79 billers. Of the 79 billers, 41 are in a production environment stage with the remaining 38 in various stages of implementation. Billserv's customer base totals approximately 3.1 billion paper bills annually, which equates to 15 percent of all paper bills produced in the United States each year.

About Las Vegas Valley Water District

The Las Vegas Valley Water District provides water to more than 800,000 people in southern Nevada and employs more than 1,000 people. Its headquarters are located in Las Vegas, Nevada.

About Billserv, Inc.

Billserv, Inc. is the leading electronic bill presentment and payment Outsourced Solution Provider that provides billers with cost-effective, integrated solutions for presenting bills to consumers for payment on the Internet. Billserv serves an intermediary role between billers and bill aggregators by consolidating customer billing information from multiple billers, and then securely delivering it to aggregators and to the client's own payment site, hosted by Billserv.

The company has relationships with all major EBPP consolidators, including CheckFree, Spectrum, MasterCard RPPS, Paytrust, CyberBills and BillingZone. For additional information, visit http://www.billserv.com/ or call (210) 402-5000.

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