Bottomline Technologies Extends Global Payment Capability with Full Domestic ACH Functionality.PORTSMOUTH, N.H. -- New WebSeries release provides full international payment capability, domestic tax and child support functionality, OFAC OFAC Office of Foreign Assets Control (US Treasury) OFAC Ontario Farm Animal Council (Canada) OFAC Olmsted Falls Airport Committee OFAC Organic Fertilizer Association of California checking and more 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 global technology provider of financial Business Process Management (fBPM) software and managed services An umbrella term for third-party monitoring and maintaining of computers, networks and software. The actual equipment may be inhouse or at the third-party's facilities, but the "managed" implies an ongoing effort; for example, making sure the equipment is running at a certain quality , today announced the release of WebSeries(R) CrossPay for the company's Electronic Banking (eBanking) platform. The new CrossPay module uniquely combines full international electronic payment functionality with an extensive range of domestic capabilities to provide enhanced payment management throughout any global enterprise. Bottomline Technologies' Vice President and General Manager, Banking and Financial Services The examples and perspective in this article or section may not represent a worldwide view of the subject. Please [ improve this article] or discuss the issue on the talk page. North America North America, third largest continent (1990 est. pop. 365,000,000), c.9,400,000 sq mi (24,346,000 sq km), the northern of the two continents of the Western Hemisphere. , Craig Jones Craig "133" Jones (born Craig Michael Jones on February 11 1972) is a music sampler and keyboardist best known as member #5 of the band Slipknot. He is also in charge of the digital media in the band. , said, "Bottomline is an established leader in corporate payment software with 15 years of treasury management and electronic banking expertise. The CrossPay module leverages Bottomline's ACH proficiency and experience serving thousands of international corporate clients, to offer commercial banks the most flexible and feature-rich ACH, check, and international payment solution available today." In designing the WebSeries CrossPay application, Bottomline incorporated solutions used by many of the world's largest banks, such as Fed Wire and International Real-time Gross Settlement (RTGS RTGS Real Time Gross Settlement RTGS Real Time Gross Settlement System ), Global Information Reporting, Check Management, and Cross-border payments. Complemented by a real-time FX trading module and enterprise laser check production, Bottomline's WebSeries CrossPay enables banks to maximize transactional and service revenues across the broadest base of corporate client opportunities. Key features include: --Provides treasury with enterprise-wide visibility and OFAC checking for regulatory compliance across all disbursements. --Substantially reduces integration costs with customer Payment and 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. systems with a browser based end-user mapping tool. --Offers ongoing updates for child support and taxes for all 50 states without requiring software upgrades. WebSeries CrossPay includes advanced functionality such as the ability to create and individually title an unlimited number of custom payment applications. Automatic recurring payment generation, e-mail alerts for exception conditions and status notifications are also included. The CrossPay solution integrates with check/international draft creation and distribution, international payments and MT101 generation, as well as full NACHA NACHA National Automated Clearing House Association NACHA National Agency Clearing House Association and addenda formatting validation. It also provides support for unattended, Web-based, secure host-to-host communication. Pricing and Availability WebSeries CrossPay is available immediately. For more information and pricing, contact Bottomline Technologies at (800) 472-1321, via e-mail at info@bottomline.com, or on the Web at: www.bottomline.com. About Bottomline Technologies Bottomline Technologies (NASDAQ: EPAY) is a leading global technology provider of financial Business Process Management (fBPM) solutions. Bottomline's comprehensive set of fBPM offerings enables businesses and financial institutions to more effectively manage their critical financial transactions, cash decisions and trading partner relationships, leveraging the Web. 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 and WebSeries are registered trademarks of Bottomline Technologies, Inc. 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. 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 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 10K filed September 2004, Form 10Q filed May 2004 and any recently filed Form 8K's. |
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