Bottomline Technologies Inc. (EPAY) News

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 August 3, 2010 - 11:30 AM PST
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Bottomline Technologies' Expertise in Cloud Computing Highlighted at Premier Cash Management Forum

Bottomline's Cloud Computing Leadership to be Featured in Panel

Discussion

Aug. 3, 2010 (Business Wire) -- Bottomline Technologies will share its expertise in cloud computing on a panel at the August 2010 Cash Management Forum presented by McKinsey & Company’s Global Concepts. Vinay Prabhakar will represent Bottomline on the featured cloud computing panel. Prabhakar, Bottomline’s director of global solutions consulting, leads a team of experts in international payments and transactional banking. He and his team work directly with leading banks, financial institutions and corporations to formulate global payments and transaction reporting strategies.

Bottomline brings to the market scalable, easily implemented solutions that allow organizations global access to data, more secure systems and reduced capital expenditures. Bottomline’s suite of cloud and web-based offerings, including Paymode-X™, support all facets of financial supply chain automation including payment, remittance and invoicing processes, and deliver immediate added value to customers. Bottomline was recently honored with an award for innovation and strategic value derived from cloud computing deployed to transform its order to cash process by the British Computing Society and Computing magazine.

About Bottomline Technologies

Bottomline Technologies (NASDAQ: EPAY) provides collaborative payment, invoice and document automation 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 these solutions 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 BT logo are trademarks of Bottomline Technologies (de), 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 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 and general economic conditions. For additional discussion of factors that could impact Bottomline Technologies' financial results, refer to the Company's Form 10-K for year ended June 30, 2009 and any subsequently filed Form 10-Qs, Form 8-Ks or amendments thereto. 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.