PORTSMOUTH, N.H., July 30, 2014 (GLOBE NEWSWIRE) -- Bottomline Technologies (Nasdaq:EPAY), a leading provider of payment and digital banking solutions, today announced that it was selected for the "Global Success" and "Global Payments Flexibility" awards by Aite Group in its 2014 Evaluation of Leading U.S. Cash Management Providers. Aite Group is an independent research and advisory firm focused on the financial services industry.
Aite Group selected Bottomline for the "Global Success" award because Bottomline has the highest number of cash management deployments outside the U.S. among the leading U.S.-based vendors. The report also notes Bottomline's proven ability to grow a global brand and demonstration of its knowledge of the global markets.
Bottomline was also chosen by Aite for "Global Payments Flexibility" in recognition of innovation displayed with their payments frameworks and ability to launch new payments quickly. The unique flexibility of Bottomline's payment solutions allow global payment rules to be added and changed via system configuration, accelerating time to market and lowering implementation risk.
"We are very pleased to receive this recognition by Aite Group," said Norm Deluca, General Manager at Bottomline. "This selection demonstrates that we are executing on our goal of helping financial institutions grow by providing innovative digital banking solutions to customers of all sizes, from small community banks to large, global financial institutions."
About Bottomline Technologies
Bottomline Technologies (Nasdaq:EPAY) provides cloud-based payment, invoice and digital banking 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 Bottomline 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 Bottomline Technologies logo are trademarks of Bottomline Technologies (de), Inc. which may be registered in certain jurisdictions. All other brand/product names may be trademarks of their respective owners.
Cautionary Language
This press release may contain "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995, including statements reflecting our expectations about our ability to execute on our growth plans. Any statements that are not statements of historical fact (including but not limited to statements containing the words "believes," "plans," "anticipates," "expects," "look forward", "confident", "estimates" and similar expressions) should be considered to be forward-looking statements. Actual results may differ materially from those indicated by such forward-looking statements as a result of various important factors including, among others, 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' operational and financial results, refer to our Form 10-K for the fiscal year ended June 30, 2013 and any subsequently filed Form 10-Q's and Form 8-K's 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.