Venture Delivers First Online Certified Mail Solution; ACE System Increases Efficiency and Enables Secure, Real-time Viewing of Certified Mail Documents

Business Wire, June 20, 2000

Business Editors & Legal Writers

FORT WORTH, Texas--(BUSINESS WIRE)--June 20, 2000

Venture Encoding Service Inc. has developed the first, automated, turnkey solution for managing certified mail -- the ACE system.

ACE allows Venture to send their customer's certified mail via the United States Post Office (USPS) and securely post the mail online for viewing by customers.

Attorneys, collection departments and others who rely on certified mail will benefit from the ACE system by reducing the need for maintaining printed materials onsite and relieving mailrooms of trips to the post office.

Offering the latest in technology, ACE significantly reduces start up costs since no new software, special training additional print production or mailing equipment is required. ACE is approved by the USPS and uses USPS-approved and patent-approved forms.

"We designed ACE to meet our customers' need for a more efficient process for managing certified mail," said Kenny Hargis, president of Venture Encoding. "ACE was a natural progression for Venture as we continue to help our clients move from traditional paper documents to electronic document presentment."

The ACE system is integrated with Venture's VentureAccess, the online customer care tool which provides immediate access to real-time billing documents and job tracking information through the Internet. By utilizing VentureAccess, customers can track certified mail jobs online during the entire printing process. ACE also provides document viewing via a secure PDF file to facilitate a quick review process.

The ACE system is the latest of Venture's offerings, which also include Bill-Trans(SM) and Doc.View(SM), Venture's solution for electronic bill presentment and payment (EBPP). ACE is fully automated, reducing errors and making quick turn-arounds possible within 24 hours of data approval.

Venture Encoding's variety of services for the financial services sector includes electronic printing, technologically-superior print/mail applications, fulfillment services, redemption processing, online customer care tools and electronic bill presentment and payment. Through alliances with leading companies in the electronic bill presentment and payment industry, Venture provides a variety of seamless billing options for billers, effectively managing the transition from paper to electronic bill presentment and payment. VentureAccess, the first ever online customer care tool to give customer service representatives real-time access to billing documents via the Internet, was the precursor to the company's entry into the electronic bill presentment and payment industry. A Fort Worth, Texas, family owned and operated business, Venture Encoding (www.venture-encoding.com) was founded as an electronic printing company in 1972.