Bottomline Technologies Expands Australia and New Zealand Reseller Agreement
Business Information Technology Group Named as Preferred Partner for Company’s Document Process and Medical Forms Automation Solutions in Region
PORTSMOUTH, NH – July 29, 2008 –
Bottomline Technologies (NASDAQ: EPAY), a leading provider of collaborative payment, invoice and document automation solutions, today announced that Business Information Technology Group (BITG), a software and services consultancy with offices in Australia and New Zealand, will continue to serve as a preferred distributor of Bottomline’s document process automation solutions in Asia-Pacific. As part of the expanded relationship, BITG will also begin distributing and reselling Bottomline’s medical forms automation solution to hospitals and healthcare organizations throughout Australia and New Zealand.
“As we continue to innovate and deliver new solutions for corporate enterprise users and healthcare providers around the globe, our preferred partners will play an important role in helping Bottomline expand its presence and service capabilities in the region,” said Rick Bell, Vice President and General Manager, Bottomline Technologies. “BITG has proven that it possesses the domain expertise and commitment to delivering customer success that we value in our partner relationships, and we look forward to a highly productive collaboration between our organizations in the months and years ahead.”
Bottomline’s award-winning document process automation solutions allow organizations to streamline business processes that rely heavily on paper-based documents. By automating the composition, routing, delivery and storage of transactional documents such as invoices, purchase orders and payments, users can operate more efficiently and cost-effectively. Integrating with industry-leading enterprise resource planning (ERP) systems, Bottomline’s solutions allow customers to deliver electronic documents across multiple communication channels.
About Business Information Technology Group
Business Information Technology Group (BITG) provides software and services solutions to organizations seeking more secure and efficient processes through the automation of business document production, delivery and storage. With over 25+ years combined experience working with Document Automation Products, BITG works with a number of regional information technology, ERP and document solutions providers to develop solutions across all aspects of the document, content management and electronic forms areas.
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 global payments, transactional documents, invoice approval, purchase-to-pay, collections and cash management. 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, 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 filed September 2007, Form 10-Q filed May 2008 and any recently filed Form 8-K'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.