Bottomline's Banking Platform Ranked Best-in-Class by Research Firm Aite Group.Global Cash Management Solution Recognized for Industry's Most Advanced International Payment Capabilities and Flexible End User Dashboard (1) See Mac Dashboard. (2) A software-based control panel for one or more applications, network devices or industrial machines. Dashboards display simulated gauges and dials that look somewhat like an automobile dashboard. PORTSMOUTH, N.H. -- Bottomline Technologies (NASDAQ NASDAQ in full National Association of Securities Dealers Automated Quotations U.S. market for over-the-counter securities. Established in 1971 by the National Association of Securities Dealers (NASD), NASDAQ is an automated quotation system that reports on : EPAY), a leading provider of collaborative payment and invoice automation solutions, today announced that in a recent vendor evaluation conducted by research firm Aite Group, Bottomline's Web-based global cash management solution ranked best-in-class for international payment capabilities and flexible end user dashboard. "As the needs of banks and financial institutions evolve, expanding overseas is one of the major strategies our research indicates being adopted by vendors serving the cash management marketplace," said Christine Barry, Research Director for Wholesale Banking, Aite Group. "Bottomline stands out as a vendor that has not only made international growth a component of its overall strategy, but one that has already taken significant steps to enhance its solution for international opportunities." Bottomline's WebSeries[R] Global Cash Management solution provides banks and financial institutions the flexibility and scalability required to address the cash management challenges of their corporate clients. Offering a single platform for originating and managing payments activity worldwide, this modular solution leverages Straight-Through Processing straight-through processing The direct exchange of cash and securities. Straight-through processing is a major objective for cross-border transactions that are generally much more costly to settle compared to domestic transactions. (STP STP or standard temperature and pressure, standard conditions for measurement of the properties of matter. The standard temperature is the freezing point of pure water, 0°C; or 273.15°K;. ) capabilities, including multi-bank, multi-currency data integration, global payment validation and support for multiple languages and double-byte characters to allow users to meet global information reporting requirements. "The investments we've made in our banking platform and the expansion of our global banking capabilities ensure that our customers are well-positioned to service the demands of their largest corporate clients," said Eric Campbell, Chief Technology Officer, Bottomline Technologies. "To be recognized as best-in-class in multiple categories by Aite Group is confirmation that the cash management solution we've designed and developed is capable of addressing the complex payment and reporting capabilities required by global banks and financial institutions." About Bottomline Technologies Bottomline Technologies (NASDAQ: EPAY) provides collaborative payment and invoice automation solutions to corporations, financial institutions and banks around the world. The company's solutions are used to streamline, automate and manage processes and transactions involving global payments, invoice approval, purchase-to-pay, collections, cash management and document process automation. Organizations trust these solutions to meet their needs for cost reduction, competitive differentiation and optimization optimization Field of applied mathematics whose principles and methods are used to solve quantitative problems in disciplines including physics, biology, engineering, and economics. of working capital. Headquartered in the United States United States, officially United States of America, republic (2005 est. pop. 295,734,000), 3,539,227 sq mi (9,166,598 sq km), North America. The United States is the world's third largest country in population and the fourth largest country in area. , Bottomline also maintains offices in Europe and Asia-Pacific. For more information, visit www.bottomline.com. Bottomline Technologies, WebSeries and the BT logo are trademarks of Bottomline Technologies, Inc. which may be registered in certain jurisdictions. All other brand/product names are trademarks of their respective holders. Cautionary Language This press release may contain "forward-looking statements forward-looking statement A projected financial statement based on management expectations. A forward-looking statement involves risks with regard to the accuracy of assumptions underlying the projections. " within the meaning of the Private Securities Litigation Reform Act The Private Securities Litigation Reform Act of 1995 (PSLRA) implemented several significant substantive changes affecting certain cases brought under the federal securities laws, including changes related to pleading, discovery, liability, class representation and awards fees and of 1995. Actual results may differ materially from those indicated by such forward-looking statements as a result of various important factors. Among the important factors that could cause actual results to differ materially from those indicated by such forward-looking statements are competition, market demand, technological change, strategic relationships, recent acquisitions, international operations Internal Operations (I.O., IO or I/O) is a fictional American Intelligence Agency in Wildstorm comics. It was originally called International Operations. I.O. first appeared in WildC.A.T.S. volume 1 #1 (August, 1992) and was created by Brandon Choi and Jim Lee. and general economic conditions. For additional discussion of factors that could impact Bottomline Technologies' financial results, refer to the Company's Form 10-K Form 10-K A report required by the SEC from exchange-listed companies that provides for annual disclosure of certain financial information. Form 10-K See 10-K. filed September 2006, Form 10-Q Form 10-Q See 10-Q. filed February 2007 and any recently filed Form 8K's. Any forward-looking statements represent our views only as of today and should not be relied upon as representing our views as of any subsequent date. We do not assume any obligation to update any forward-looking statements. |
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