Bottomline Technologies Helps Customers “Go Green”
New Program Recognizes Success of Customers’ Bottomline-Powered ‘Green’ Initiatives
PORTSMOUTH, N.H. – April 22, 2009 - Bottomline Technologies (NASDAQ: EPAY), a leading provider of collaborative payment, invoice and document automation solutions, today in support of Earth Day 2009 announced the launch of the company’s ‘Think Green’ awards program.
In migrating from paper to electronic business processes, organizations can generate numerous benefits and significant return on investment through more efficient digital workflows and reduced costs. The adoption of electronic transactional processes decreases and often eliminates paper, reducing the impact organizations have on the environment by conserving land and water resources as well as decreasing gasoline consumption and greenhouse gas emissions.
For example, a Bottomline customer issuing 10,000 paper payments each month could save more than 184 lbs. of paper, prevent the consumption of more than 2,250 gallons of gasoline and eliminate 22 tons of greenhouse gases by converting just half of these to electronic transactions1.
“Enabling the migration from paper to electronic is a central component of the value Bottomline brings and is a common theme across our entire product portfolio,” said Rob Eberle, President and CEO of Bottomline Technologies. “By deploying our solutions, organizations can leverage technology to drive environmentally-friendly business practices, lower their carbon footprint and achieve their environmental goals.”
Bottomline’s award-winning solutions for payments, global cash management, electronic invoice processing and document process automation are deployed around the world by leading banks, corporations and financial institutions, including 80 of the Fortune 100 and 70 of the FTSE (Financial Times) 100 organizations.
The company’s ‘Think Green’ awards program recognizes the green initiatives of organizations where Bottomline’s solutions are playing a role in helping to reduce the environmental impact of paper-based payment, invoice and other transactional document processes. The program is open to Bottomline customers around the world and nomination forms can be downloaded by visiting www.bottomline.com/greenawards. For additional information or to request a nomination form, please email thinkgreen@bottomline.com.
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, global cash management, transactional documents and invoice approval. 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, WebSeries and the BT logo are trademarks of Bottomline Technologies (de), Inc. which may be registered in certain jurisdictions. All other brand/product names are trademarks of their respective holders.
1 Environmental impact data courtesy of NACHA’s PayItGreen™Alliance.
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 2008, Form 10-Q filed February 2009 and any recently filed Form 8-Ks. 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.
Contact
Billy Balfour
Bottomline Technologies
bbalfour@bottomline.com
603-501-5219
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