EXHIBIT 99.1
NEWS RELEASE
FOR INFORMATION CONTACT:
Kevin Nyland, Vice President, Investor Relations
210.949.7020
[email protected]
David P. Tusa, Senior Vice President and Chief Financial Officer
210.949.4010
[email protected]
www.billingconcepts.com
DECEMBER 22, 2000
BILLING CONCEPTS CORP. CHANGES FISCAL YEAR
SAN ANTONIO, TX...BILLING CONCEPTS CORP. (Nasdaq: BILL) today announced the
change in its fiscal year to January 1 through December 31. The Company's fiscal
year was from October 1 through September 30. The change will be effective
January 1, 2001.
ABOUT BILLING CONCEPTS
Billing Concepts Corp.'s (Nasdaq: BILL) holdings include its wholly owned
operation, FIData, Inc., and its investments in Princeton eCom and
COREINTELLECT, Inc. FIData (www.fidata.com) provides Internet-based instant loan
approval products and services to the financial services industry. Billing
Concepts (www.billingconcepts.com) is the lead investor in both Princeton eCom
Corporation (www.princetonecom.com), a leading application service provider for
electronic and Internet bill presentment and payment solutions, and
COREINTELLECT, Inc. (www.coreintellect.com), a B2B content delivery application
service provider. Billing Concepts Corp. is headquartered in San Antonio, Texas.
CERTAIN STATEMENTS CONTAINED HEREIN ARE "FORWARD-LOOKING" STATEMENTS (AS SUCH
TERM IS DEFINED IN THE PRIVATE SECURITIES LITIGATION REFORM ACT OF 1995).
BECAUSE SUCH STATEMENTS INCLUDE RISKS AND UNCERTAINTIES, ACTUAL RESULTS MAY
DIFFER MATERIALLY FROM THOSE EXPRESSED OR IMPLIED BY SUCH FORWARD-LOOKING
STATEMENTS. FACTORS THAT COULD CAUSE RESULTS TO DIFFER MATERIALLY FROM THOSE
EXPRESSED OR IMPLIED BY SUCH FORWARD-LOOKING STATEMENTS INCLUDE, BUT ARE NOT
LIMITED TO, THOSE DISCUSSED IN FILINGS MADE BY THE COMPANY WITH THE SECURITIES
AND EXCHANGE COMMISSION.
