News | January 16, 2008

Payment Processing: CheckFree Health & Fitness Joins Gold's Gym National Vendor Program

Source: Transaction Directory
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The CheckFree Health & Fitness business unit, now part of Fiserv Inc. , a leading provider of information technology services to the financial industry, recently announced that CheckFree has joined the Gold's Gym National Vendor program. The company is now a preferred provider of club management software, electronic funds transfer (EFT) and credit card processing and outsourced billing services to Gold's Gym franchises and corporate-owned facilities. In addition, CheckFree Health & Fitness, a part of the CheckFree Electronic Biller Services division, has been named the sole provider of club management software and EFT and credit cardprocessing to Gold's Gym facilities located outside of the United States.

CheckFree Health & Fitness has a long history of providing services to Gold's Gym facilities, with CheckFree software currently used in more than 250 Gold's Gym locations, so joining the National Vendor Program was an extension of an established positive relationship, said Matt McKernan, senior vice president and general manager of CheckFree Health & Fitness, now part of Fiserv. Gold's Gym has clubs in 28 countries and we see the potential to reinforce our presence in both the domestic and international markets as a result of this agreement.

CheckFree's flagship club management product, CheckFree Compete, features an intuitive, easy-to-use user interface, which can help facilitate employee training. In addition, CheckFree club management software features an open architecture that allows for expansion and integration with third-party software. CheckFree Managed Data Services, available in conjunction with the company'sclub management software, enables billing and routine back office tasks to be handled remotely by CheckFree. Member data is owned by the club and hosted onsite, allowing for easy access by club staff. Managed Data Services features CheckFree EFT rocessing, backed by more than two decades of industryleading experience.

CheckFree offers a wide range of training options including regional training seminars, onsite training, online training and participation in Gold's Gym University. CheckFree also offers a dedicated toll-free support line for Gold's Gym users, available 24 hours a day, five days a week.
CheckFree is a welcome addition to the Gold's Gym National Preferred Vendor program, said Ed Powderly, senior vice president of product licensing for Gold's Gym International. Offering secure, high-quality club management software and payment processing services from CheckFree Health & Fitness at competitive prices, is an example of the exceptional value Gold's Gym brings to our franchisees.

CheckFree Health & Fitness has delivered software and services designed to meet the operational, financial and membership management needs of the health and fitness industry since 1981. Today, CheckFree provides thousands of facilities worldwide with club management software, transaction processing and outsourced member billing and data management. The complete suite of solutions offered by CheckFree enables clubs of all sizes to grow and retain membership while maximizing revenue and minimizing day-to-day costs.

About Fiserv, Inc.
Fiserv, Inc. , a Fortune 500 company, provides information management and electronic commerce systems and services to the financial and insurance industries. Leading services include transaction processing, outsourcing, electronic bill payment and presentment, investment management solutions, business process outsourcing (BPO), software and systems solutions. Headquartered in Brookfield, Wis., the company serves more than 21,000 clients worldwide and is the leading provider of core processing solutions for U.S. banks, credit unions and thrifts. Fiserv was ranked the largest provider of information technology services to the financial services industry worldwide in the 2004, 2005 and 2006 FinTech 100 surveys. In 2007, the company completed the acquisition of CheckFree, a leading provider of electronic commerce services. Fiserv and CheckFree had more than $4.5B in combined pro forma total revenue for 2006. For more information, please visit www.fiserv.com.

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