| FOR IMMEDIATE RELEASE |
31st March 2005 |
Bottomline Technologies Forms Partnership with Computer Software Group
New Relationship Extends Market Penetration of Company's Solutions and Services
READING, ENGLAND – 31st March 2005 - Bottomline Technologies (NASDAQ: EPAY), a leading global technology provider of financial Business Process Management (fBPM) software and managed services, today announced it has partnered with Computer Software Group to deliver BACSTEL-IP compliant solutions and services to UK-based organisations.
Computer Software Group Plc (CS Group) provides accounting, distribution and payroll systems to businesses in a variety of industries including transportation and manufacturing. Under the partnership agreement, CS Group will integrate Bottomline’s BACTEL-IP service into its finance systems, enabling CS Group’s customers to comply with the new BACS electronic payments standard.
“As the established market leader for BACSTEL-IP compliant solutions and services, Bottomline was the clear choice for assisting our customers with their BACS migration,” said Catherine Bailey, Marketing Manager for CS Group. “The seamless integration between the two companies’ products will allow our customers to quickly and easily make this transition well in advance of the 31 December 2005 deadline.”
“Our partnership with CS Group further extends our ability to provide BACSTEL-IP solutions and services to UK organisations regardless of size or industry,” said Tim Miller, Vice President of EMEA Channel Alliances for Bottomline Technologies. “We look forward to helping CS Group users make a smooth and rapid transition to the new standard.”
About Computer Software Group
Computer Software Group's core business is the provision of vertical business solutions across a wide range of markets. CS Group has offices in seven UK locations and was founded in 1984, floating on AIM in August 2000. Turnover for the year ended 29 February 2004 was £6,253,000 and the Group made an operating profit before amortisation for the year of £607,000. JBS, Pinnacle and Advatech were acquired post year end so are not included within these figures.
Computer Software Group solutions include financials, ERP, CRM, e-business, membership, integrated ticketing, field service and hire solutions. Today CS Group helps over 1500 companies, including many market leaders, in a wide variety of industry sectors including: Alfred Dunhill, Npower, Electrolux UK, Manchester City FC, Liverpool FC, Reading FC, Morphy Richards, Simon Jersey, Wadsworth Electronics, CBI, The Engineering Employers Federation, The Institute of Quality Assurance (IQA), The Chartered Institution of Building Services Engineers, Volvo Truck and Bus, EMI, Eddie Stobart Ltd, Jane Shilton, Connaught, Carters, Big Food Group, Swan Plant, Siemens Traffic Control, Triton, Kingston Business Communications and Blick UK.
Computer Software Group plc is an IBM Premier Business Partner.
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