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SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
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FORM 8-K
CURRENT REPORT
Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934
Date of Report: March 6, 1997
USCS International, Inc.
(Exact name of registrant as specified in its charter)
Delaware 0-28268 94-1727009
(State or other (Commission (IRS Employer
jurisdiction of File Number) Identification No.)
incorporation)
2969 Prospect Park Drive, Rancho Cordova, California 95670-6148
(Address of principal executive offices) (Zip Code)
Registrant's telephone number, including area code: (916) 636-4500
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Item 5. OTHER EVENTS
On March 6, 1997, the Registrant issued the press release attached
hereto as Exhibit 99.1 and incorporated herein by reference.
Item 7. EXHIBITS
Exhibit Number
(Reference to Item 601
of Regulation S-K) Description of Exhibit
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99.1 Registrant's Press Release, dated
as of March 6, 1997.
SIGNATURE
Pursuant to the requirements of the Securities Exchange Act of 1934, the
registrant has duly caused this report to be signed on its behalf by the
undersigned hereunto duly authorized.
Dated: March 6, 1997
USCS International, Inc.
By: /s/ Mary G. Jordan
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Mary G. Jordan,
Secretary
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EXHIBIT 99.1
USCS INTERNATIONAL ANNOUNCES NEW STATEMENT PROCESSING CONTRACT WITH CBIS
RANCHO CORDOVA, CA, March 6, 1997 - USCS International (Nasdaq: USCS)
today announced that its wholly-owned subsidiary, International Billing
Services (IBS), signed a new statement production contract with CBIS, thereby
extending their long-standing relationship for an additional five years.
IBS has provided statement production services to CBIS for the past
seven years. Statement production services include managing statement data
transmitted to IBS from CBIS, electronic postal processing, printing and high-
volume mail handling. "This contract represents a significant commitment by both
parties to continue the delivery of world-class solutions to the communications
industry," said Randy Lintecum, president of IBS. "CBIS is recognized as a
leader in customer care and billing for the communications marketplace, and IBS
is proud to support them as their statement production partner."
International Billing Services is a USCS International company.
Statements processed by IBS on behalf of CBIS constituted approximately 10
percent of USCS International's revenue in 1996 and 8 percent of its revenue in
1995. The new agreement makes provisions for increasing the current statement
processing volumes and for joint marketing of IBS and CBIS products and
services.
International Billing Services is the leading provider of complete
statement processing solutions for the communications industry and is a USCS
International company. USCS International offers customer management software
and statement processing solutions to the global communications marketplace.
The company currently provides its services for 54 percent of all cable
television subscribers in the United States, 36 percent of all cellular
telephone subscribers and 10 percent of all landline telephone subscribers.
USCS International's clients include providers of cable television, wireless and
landline telephony, direct broadcast satellite and multiple communications
services in the United States and 19 other countries. More information on IBS'
products and services can be found at http://www.billing.com.
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