Bottomline Technologies Expands Global Distribution with New Resellers in Sweden and South Africa; New Partners further extend distribution of the company's products.Business Editors/High-Tech Writers PORTSMOUTH, N.H. & WALTHAM, Mass.--(BUSINESS WIRE)--April 13, 2004 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), today announced the addition of two resellers that will extend and deepen the reach of the company's products within Europe, the Middle East and Africa Europe, the Middle East and Africa, usually abbreviated to EMEA, is a regional designation used for government, marketing and business purposes. It is particularly common amongst North American based companies, who often divide their international operations into the (EMEA (Europe, Middle East, Africa) Refers to that region of the world. For example, one might see products packaged differently for the UK, EMEA and Asia Pacific markets. ). Centerfield n. 1. (Baseball) the part of the outfield directly ahead of the catcher. Noun 1. centerfield - the piece of ground in the outfield directly ahead of the catcher; "he hit the ball to deep center" center field, center Software, South Africa South Africa, Afrikaans Suid-Afrika, officially Republic of South Africa, republic (2005 est. pop. 44,344,000), 471,442 sq mi (1,221,037 sq km), S Africa. , and SYSteam, Sweden, have been named Gold Partners and will be authorized to resell, support and provide professional services (job) professional services - A department of a supplier providing consultancy and programming manpower for the supplier's products. for Bottomline's document output management products in their markets. Bottomline Technologies Vice President, Kurt Mueffelmann, said, "With the signing of our two latest international channel partners, Bottomline deepens its global market penetration Noun 1. market penetration - the extent to which a product is recognized and bought by customers in a particular market penetration - the act of entering into or through something; "the penetration of upper management by women" to include South Africa and Scandinavia. By representing Bottomline's products, our partners can offer their customers a highly effective document output management solution with proven rapid return on investment. Bottomline's solutions will enable their customers to increase business efficiency and improve customer service by adding output management, distribution, and digital archive capabilities." "There is a clearly defined local market for document output management," says Julian Field, Managing Director of CenterField Software. "Although the Bottomline's output products support almost every ERP (Enterprise Resource Planning) An integrated information system that serves all departments within an enterprise. Evolving out of the manufacturing industry, ERP implies the use of packaged software rather than proprietary software written by or for one customer. system, we see particular potential within the PeopleSoft market in South Africa, which embraces around 160 local clients." CenterField Software (www.centerfieldsoftware.co.za), based in Johannesburg, South Africa, provides integrated, market-leading products for data profiling Data profiling is a process whereby one examines the data available in an existing database and collects statistics and information about that data. The purpose of these statistics may be to:
Any tangible commodity purchased by households to satisfy their wants and needs. Consumer goods may be durable or nondurable. Durable goods (e.g., autos, furniture, and appliances) have a significant life span, often defined as three years or more, and and retail. SYSteam (www.systeam.se), Huskvarna, Sweden, is a PeopleSoft Business Partner, and is one of Scandinavia's fastest-growing companies, and recognized among Europe's 500 fastest-growing companies. SYSteam provides sophisticated IT-based solutions throughout the Nordic countries, offering a wide range of services and products to its 3,800 customers, including e-business, outsourcing, management consulting, output management, and ERP systems. Bottomline's document output management products streamline the formatting, intelligent delivery and archiving of business documents for a wide range of business applications and platforms, and include Create!form(R), Create!stream(TM), Create!fax(R), Create!archive(R), and Create!email(R). About Bottomline Technologies Bottomline Technologies (NASDAQ: EPAY) is a leading global technology provider of Financial Resource Management (FRM FRM From FRM Form FRM Fixed-Rate Mortgage FRM Financial Risk Manager (GARP) FRM Fondation pour la Recherche Médicale FRM Financial Resource Management FRM Final Rulemaking FRM Fiber-Reinforced Metal FRM Federal Reference Methods ) solutions. Bottomline's comprehensive set of FRM offerings enables businesses and financial institutions to more effectively manage their critical financial transactions, cash decisions and trading partner relationships, leveraging the Web. FRM applications include Electronic Payments and Cash Management, Electronic Invoice Receipt and Management, Electronic Invoice Presentment and Payment (EIPP EIPP Electronic Invoice Payment and Presentment EIPP Electronic Invoice Presentment and Payment ), Electronic Banking, Information Reporting, and Document Output Management. Founded in 1989, Bottomline maintains its corporate headquarters in Portsmouth, NH and international headquarters in Reading, England. For more information, visit Bottomline on the Web at www.bottomline.com, or dial (800) 243-2528 or (603) 436-0700. Bottomline Technologies, Create!form, Create!stream, Create!fax, Create!email and Create!archive are trademarks of Bottomline Technologies, Inc., which may be registered in certain jurisdictions. 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 2003, Form 10Q filed February 2004 and any recently filed Form 8K's. |
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