Bottomline Technologies' BankQuest Powers Royal Trust's Award Winning e-Custody Platform; ViewFinder honored at CIO Canada's 2001 ITX Awards.Business/Technology Editors PORTSMOUTH, N.H.--(BUSINESS WIRE)--July 23, 2001 Bottomline Technologies(R) (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), the premier provider of Web-enabled billing, payment and electronic banking solutions, is pleased to announce that its customer, Royal Trust Global Securities Services (GSS (storage) GSS - Group-Sweeping Scheduling. ), received top honors at the recent CIO CIO: see American Federation of Labor and Congress of Industrial Organizations. (Chief Information Officer) The executive officer in charge of information processing in an organization. Canada 2001 ITX ITX Isopropylthioxanthone ITX Intermediate Text Block ITX Interactive Transaction Executive ITX Indian Text Exchange Awards. Royal Trust was selected as the award winner in the Business Value category, for the success of its ViewFinder suite of web-based custody products and services. Produced in association with The Conference Board of Canada The Conference Board of Canada is a not-for-profit Canadian organization dedicated to researching and analyzing economic trends, as well as organizational performance and public policy issues. , the theme for the 2001 Awards was "e-enabling the business". The annual award recognizes and celebrates the success of outstanding Canadian companies who have developed world-class IT-enabled business solutions. "Royal Trust is committed to delivering value to our clients," said Jose Placido, senior vice president, Royal Trust GSS. "The ITX Award reinforces our e-business strategy and provides an external confirmation of the value we're delivering to our clients through the tools provided in the ViewFinder platform." Royal Trust's e-banking platform for global custody services provides GSS' corporate clients with access to securities queries, transactions and reporting via a standard Internet-browser. ViewFinder was co-developed by Royal Trust in cooperation with Bottomline Technologies, a Portsmouth, New Hampshire Portsmouth, New Hampshire is a city in Rockingham County, New Hampshire in the United States of America. It is the fourth-largest community in the county[1], with a population of 20,784 as of the 2000 census. based software and services company that specializes in business-to-business e-commerce technology solutions. ViewFinder is built upon Bottomline's BankQuest Financial Resource Management e-banking platform. "As a customer driven organization, it is fitting that Royal Trust be recognized for providing business value through the development of its ViewFinder offering," remarked Dan McGurl, chairman 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 Bottomline Technologies. "This award is important for demonstrating to Royal Trust's customers and to the marketplace that they are committed to delivering innovative, value-added services. The entire Bottomline team joins me in congratulating Royal Trust on receiving the prestigious CIO Canada ITX Award." Bottomline's Financial Resource Management e-business solutions can be deployed by banks, corporations and financial institutions to enable web-based cash management, custody, payments and trade finance. About Royal Trust Global Securities Services A unit of Royal Bank of Canada Bank of Canada Canada's central bank, established under the Bank of Canada Act (1934). It was founded during the Great Depression to regulate credit and currency. The Bank acts as the Canadian government's fiscal agent and has the sole right to issue paper money. , Royal Trust Global Securities Services (GSS) is Canada's largest custodian and a recognized provider of custody and related securities services to corporate and institutional clients worldwide. GSS delivers settlement and safekeeping Safekeeping The storage of assets or other items of value in a protected area. Notes: Individuals may use self-directed methods of safekeeping or the services of a bank or brokerage firm. through its highly acclaimed agent network in 81 world markets, and also provides investment analysis, securities lending Securities Lending When a brokerage lends securities owned by its clients to short sellers. Notes: This allows brokers to create additional revenue (commissions) on the short sale transaction. and finance, and other specialized services. GSS has offices in Vancouver, Calgary, Toronto, Montreal, Halifax, St. John's, New York New York, state, United States New York, Middle Atlantic state of the United States. It is bordered by Vermont, Massachusetts, Connecticut, and the Atlantic Ocean (E), New Jersey and Pennsylvania (S), Lakes Erie and Ontario and the Canadian province of , London, Dubai, Singapore, Tokyo and Sydney. For more information, visit Royal Trust Global Securities Services' web site at www.royalbank.com/gss. About Bottomline Technologies Bottomline Technologies(R) (NASDAQ: EPAY) is the leading provider of Web-enabled billing, payment and electronic banking solutions for the business-to-business market. Bottomline's three integrated e-business offerings enable corporations and financial institutions worldwide to integrate, automate, and streamline the entire financial supply chain. PayBase(R) provides a pathway from traditional paper checks to electronic payments, as well as sophisticated messaging, remittance, and anti-fraud tools. NetTransact(TM), the Company's business-to-business bill presentment and payment See EBPP. suite, enables enterprise billers and their trading partners to electronically present, adjudicate adjudicate (  jōō´dikāt´),v , and pay bills on-line. Bottomline's BankQuest(TM) is a corporate and institutional browser-based electronic banking platform that provides information reporting and transactional services for cash management, trade finance, and securities processing. Today, Bottomline's offerings are utilized by over 5,500 organizations representing every major industry sector. Founded in 1989, Bottomline maintains its corporate headquarters in Portsmouth, NH and international headquarters in Reading, England. Bottomline also has satellite offices located in most major cities. For more information, dial (800) 243-2528 or (603) 436-0700, or visit Bottomline on the web at www.bottomline.com. Cautionary Language This press release may contain forward-looking statements that involve risks and uncertainties, including statements regarding expected benefits of use of the Company's products and future growth or results. Among the important factors which could cause actual results to differ materially from those in the forward-looking statements are competition, market demand, technological change, strategic relationships, recent acquisitions, international operations and general economic conditions. For additional discussion of factors that could impact Bottomline Technologies' financial results, refer to the Company's Form 10K filed September 2000 and Form 10Q filed May 2001. |
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