Bottomline Platform for Global Cash Management Garners High Marks for Breadth of Security Functionality.Third-Party Evaluation Validates Platform's Multi-Layered Approach for Identifying and Preventing Internal and External Threats PORTSMOUTH, N.H. & SAN FRANCISCO San Francisco (săn frănsĭs`kō), city (1990 pop. 723,959), coextensive with San Francisco co., W Calif., on the tip of a peninsula between the Pacific Ocean and San Francisco Bay, which are connected by the strait known as the Golden -- 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, invoice and document automation solutions, today at the 2009 AFP (1) (AppleTalk Filing Protocol) The file sharing protocol used in an AppleTalk network. In order for non-Apple networks to access data in an AppleShare server, their protocols must translate into the AFP language. See file sharing protocol. Annual Conference announced that its WebSeries[R] Global Cash Management platform received high marks for security as part of an independent, third-party evaluation. This latest evaluation is part of Bottomline's rigorous security assessment program, which is designed to ensure that threat prevention mechanisms inherent in WebSeries are capable of addressing the evolving needs of global banks and financial institutions. In addition to following industry best-practice Web development methodologies, WebSeries' multi-layered approach to security prevents 'trusted' users from usurping their administrative rights at the application and database levels. By leveraging WebSeries standard product, updates to the newest security threats can be addressed quickly and without potentially costly delays. "We conducted an extensive evaluation of the robust security functionality in Bottomline's WebSeries platform and the product excelled across all areas of our testing," said Ed Adams, President and CEO (1) (Chief Executive Officer) The highest individual in command of an organization. Typically the president of the company, the CEO reports to the Chairman of the Board. of Security Innovation. "It's evident from the results that Bottomline has architected a solution that surpasses user expectations for threat prevention within a global cash management solution." "Security requirements are always changing for banks and financial institutions, particularly with regard to the threat posed by internal users," said Eric Campbell, Chief Technology Officer of Bottomline Technologies. "Internal user fraud is not only more devastating dev·as·tate tr.v. dev·as·tat·ed, dev·as·tat·ing, dev·as·tates 1. To lay waste; destroy. 2. To overwhelm; confound; stun: was devastated by the rude remark. , it is a more likely scenario than an external attack. With WebSeries, we've taken a very proactive approach to application security, constantly testing and evaluating our solution to ensure it exceeds the expectations of our clients and delivers the protection of data and reputation they require from a cash management solution." To get to market quickly with high-volume domestic and international payments capabilities, banks and financial institutions around the world rely on Bottomline's award-winning WebSeries Global Cash Management platform. A single platform for managing payments and providing real-time cash management reporting, WebSeries delivers the security, reliability and rich functionality necessary to deliver the products and user experience required to strengthen customer relationships and develop new markets. Editorial Note: Bottomline will be exhibiting in booth 1833 at the AFP Annual Conference, October 4-7, 2009 in San Francisco. To arrange an on-site meeting, please contact Billy Balfour at 603-501-5219. Calculate the Environmental Savings To help raise awareness of the environmental benefits achieved by transitioning from paper to electronic processing, Bottomline has posted a green savings calculator calculator or calculating machine, device for performing numerical computations; it may be mechanical, electromechanical, or electronic. The electronic computer is also a calculator but performs other functions as well. on its Web site at: www.bottomline.com/cash_management_goes_green/. About Bottomline Technologies Bottomline Technologies (NASDAQ: EPAY) provides collaborative payment, invoice and document automation solutions to corporations, financial institutions and banks around the world. The company's solutions are used to streamline, automate and manage processes involving payments, global cash management, transactional documents and invoice approval. 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 (de), 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 2009 and any recently filed Form 8-Ks Form 8-K The form required by the SEC when a publicly held company incurs any event that might affect its financial situation or the share value of its stock. Form 8-K See 8-K. . 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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