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Bottomline Technologies Grows Banking and Financial Services Customers

2013-04-22 09:30 ET - News Release

Leading Financial Institutions Select Bottomline for Online Cash Management


Company Website: http://www.bottomline.com
PORTSMOUTH, N.H. -- (Business Wire)

Bottomline Technologies (NASDAQ: EPAY), a leading provider of cloud-based payment, invoice and banking solutions, today announced it has added six leading regional banks in the U.S. to its financial services customer community. These banks chose Bottomline for digital channel solutions and online cash management services that improve their ability to compete, win and grow in the small business and commercial banking markets. In addition, two global banks have extended their commitment to Bottomline for long-term partnerships that expand existing relationships.

“Banks of all sizes must invest wisely and efficiently in technology that drives business value while minimizing risk, complexity and time to market,” said Norm DeLuca, General Manager of Banking and Financial Services, Bottomline Technologies. "Bottomline continues to invest in solutions that help banks grow revenues and deepen relationships with businesses. The underlying purpose of our technology - and the substantial investments we're making in our products and our team - is to make it easier to do more business with banks through the digital channel. We are completely focused on partnering with financial institutions that aspire to leadership in small business and commercial banking. We welcome these organizations to our customer community and look forward to long-term, strategic partnerships.”

Bottomline provides online banking and cash management solutions to financial institutions of all sizes. These banks use the solutions to drive customer growth and compete effectively in the markets they serve.

Editorial Note: Bottomline will be exhibiting at the NACHA Payments show, booth #223, April 21-24, 2013 in San Diego, CA. Bottomline will host a booth reception on Monday from 4 – 5 pm local time and invite the financial services community to attend. For more information or to arrange an on-site meeting, please contact Heather Bridges at hbridges@bottomline.com.

About Bottomline Technologies

Bottomline Technologies (NASDAQ: EPAY) provides cloud-based payment, invoice and banking solutions to corporations, financial institutions and banks around the world. The company’s solutions are used to streamline, automate and manage processes involving payments, invoicing, global cash management, supply chain finance and transactional documents. Organizations trust Bottomline to meet their needs for cost reduction, competitive differentiation and optimization of working capital. Headquartered in the United States, Bottomline also maintains offices in Europe and Asia-Pacific. For more information, visit www.bottomline.com.

Bottomline Technologies and the Bottomline Technologies logo are trademarks of Bottomline Technologies (de), Inc. which may be registered in certain jurisdictions. All other brand/product names may be trademarks of their respective owners.

Cautionary Language

This press release may contain "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995. Actual results may differ materially from our expectations as a result of various important factors, including but not limited to competition, market demand, technological change, strategic relationships, recent acquisitions, international operations and general economic conditions. For additional discussion of these and other factors that could impact our operational and financial results, refer to our filings with the Securities and Exchange Commission, including our Form 10-K for the fiscal year ended June 30, 2012 and subsequent filings. Any forward-looking statements represent our views only as of today and we do not assume any obligation to update such statements.

Contacts:

Bottomline Technologies
Heather Bridges, 603-501-5267
hbridges@bottomline.com

Source: Bottomline Technologies

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