| FOR IMMEDIATE RELEASE |
15 March 2005 |
Bottomline Technologies and Kerridge Computer Company Announce Strategic Partnership
Integrated Electronic Payments Service Provides Rapid BACSTEL-IP Migration Path
READING, ENGLAND – 15 March 2005 - Bottomline Technologies (NASDAQ: EPAY), a leading global technology provider of financial Business Process Management (fBPM) software and managed services, today announced a partnership with Kerridge Computer Company, a leading supplier of software solutions and computer services to the automotive and distribution industries in the UK.
Through its partnership with Bottomline Technologies, Kerridge’s customers will be able to take advantage of Bottomline’s market-leading BACSTEL-IP subscription service to expedite migration and create long-term payment process efficiencies. Organisations across the UK have less than ten months to deploy BACSTEL-IP compliant systems before the 31 December 2005 migration deadline.
“As a way to help our customers meet the approaching BACS deadline, we believe that a partnership with Bottomline Technologies offers them the best possible solution,” said Ian Bendelow, Business Development Director at Kerridge. “The combination of Bottomline’s convenient BACTEL-IP service with the financial products and services from Kerridge that they already use, predictably delivers the most efficient path to compliance.”
“In partnering with Bottomline, Kerridge is able to ensure that its customers reap the financial benefits of a fast and timely migration to BACSTEL-IP in the short-term, while also enabling them to take advantage of the enormous long-term efficiencies and cost-savings of the Bottomline payments platform,” said Tim Miller, Vice President of Channel Alliances EMEA for Bottomline Technologies.
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