Bottomline Technologies Nominates Michael J. Curran, Former Bank of America Executive, to Board of Directors
PORTSMOUTH, NH – October 09, 2006 –
Bottomline Technologies (NASDAQ: EPAY), a leading provider of payments and invoice automation software and services, today announced that its board of directors has nominated Michael J. Curran, a former Bank of America executive, as a new, independent director for election at the company's 2006 annual meeting of stockholders to be held on November 16, 2006.
"As someone with extensive experience in and intimate knowledge of the global banking market, Mike will bring an invaluable perspective to Bottomline. He has an in-depth understanding of the objectives, priorities and challenges of one of our largest customer groups – global banks – and has extensive relationships within the banking industry," said Joe Mullen, CEO of Bottomline Technologies. "We are confident that Mike will enhance Bottomline's ability to continue growing our business."
Mr. Curran is the former executive vice president of Bank of America Global Treasury Services. In this executive leadership role, he was responsible for Global Corporate Banking Sales, a multi-billion dollar business unit. During his time at Bank of America, Mr. Curran also served as a Corporate Band 1 Executive and as a member of the company's management operating committee. Prior to joining Bank of America, Mr. Curran held senior executive positions at FleetBoston Financial Corporation, Chemical Bank and Manufacturers Hanover Trust, Co.
"In Bottomline, I see an organization with the technology, global capabilities and strategic vision necessary to take advantage of the business opportunities in its core markets," said Mr. Curran. "I am delighted by the opportunity to become a member of the company's Board and look forward to working with the directors and executive management team."
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.
Company Contact:
Billy Balfour
Bottomline Technologies
603-501-5219
bbalfour@bottomline.com
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