Bottomline Technologies Named Among Top Bank Technology Innovators for 2007.Bottomline's Global Cash Management Solution Recognized by Bank Technology News' Annual Innovators Ranking for Advanced 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. and International Payment Capabilities 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 it has been named one of The Innovators 2007, an annual ranking published by Bank Technology News. The company was recognized as one of 25 top bank technology innovators for advanced capabilities within its WebSeries[R] Global Cash Management Platform. Each year the publication examines the most pressing issues driving technology innovation and business results in the 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. industry. Bank Technology News' 'Innovators' ranking pays tribute to the 25 industry players whose contributions within the banking industry are "changing the rules of the game." "Innovation continues to affect the way that banks operate and address emerging opportunities around the globe," said Holly Sraeel, Editor in Chief of Bank Technology News. "The impact of technology on financial institutions has altered the way in which they interact with customers, giving retail, small businesses and large corporations access to a vast array of choices on how, when and where they conduct their financial business." Bottomline's WebSeries 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 (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 Rob Eberle, 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 Bottomline Technologies. "To be recognized by Bank Technology News as a top innovator is confirmation that the cash management solution we've developed is unique in its ability to address the complex global payments, reporting and straight-through processing capabilities that banks require." Editor's Note Editor's Note (foaled in 1993 in Kentucky) is an American thoroughbred Stallion racehorse. He was sired by 1992 U.S. Champion 2 YO Colt Forty Niner, who in turn was a son of Champion sire Mr. Prospector and out of the mare, Beware Of The Cat. Trained by D. : 'The Innovators 2007' will be celebrated at an awards dinner on Monday, November 12, 2007, at the Wynn Las Vegas Las Vegas (läs vā`gəs), city (1990 pop. 258,295), seat of Clark co., S Nev.; inc. 1911. It is the largest city in Nevada and the center of one of the fastest-growing urban areas in the United States. in Las Vegas, Nevada. To read more about Bottomline's recognition as a top 25 Innovator by Bank Technology News, visit www.banktechnews.com. 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 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" 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 2007, Form 10-Q Form 10-Q See 10-Q. filed October 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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