(BSNS WIRE) Michigan Utility to Deploy Bottomline Technologies PayBase S
Michigan Utility to Deploy Bottomline Technologies PayBase Solution
Business/Technology Editors
PORTSMOUTH, N.H.--(BUSINESS WIRE)--Dec. 8, 1999--Bottomline
Technologies(R) (NASDAQ:EPAY), a premier provider of Web-enabled
billing, payment and treasury management solutions, today announced
that Michigan Consolidated Gas (MichCon), the gas distribution
subsidiary of MCN Energy Group Inc. (NYSE:MCN), has licensed
Bottomline's product. MichCon will replace their existing accounts
payable application with Bottomline's powerful tools by year-end.
"We were looking for a total company solution and Bottomline was
the only vendor that could provide that and exceed our list of
business operational requirements," remarked Karen Anderson, Project
Manager for Michigan Consolidated Gas. "What impressed us most about
Bottomline Technologies? Its great potential to provide us a
significant competitive edge."
"With deregulation and changing technologies, Bottomline helps
position organizations such as MichCon with e-commerce tools that
allow them to grow quickly and stay ahead of the competition,"
remarked Dan McGurl, president and CEO of Bottomline Technologies.
"Our smooth implementation process and powerful data integration
features will enable the organization to realize internal efficiencies
quickly. Our unparalleled payment suite will deliver these benefits
and more to MichCon."
About Michigan Consolidated Gas
MichCon is one of the nation's largest natural gas distributors,
with 1.2 million Michigan families and businesses relying on MichCon
for their energy needs. MichCon is a wholly owned subsidiary of MCN
Energy Group, Inc.
(NYSE:MCN)
About Bottomline Technologies
Bottomline Technologies(R) (NASDAQ: EPAY) is a leading provider
of Web-enabled billing, payment, and treasury management solutions for
the business-to-business market. Bottomline's three integrated
eBusiness offerings enable corporations and financial institutions
worldwide to automate, control and integrate all money movement.
PayBase(R) provides a pathway from traditional paper checks to
electronic payments. NetTransact, the Company's business-to-business
bill presentment and payment suite, enables enterprise billers and
their trading partners to electronically present, adjudicate, and pay
bills on-line. Bottomline's ICM division is a leading developer of
web-enabled electronic banking and treasury management solutions.
Today, Bottomline's offerings are utilized by over 2,500 organizations
representing every major industry sector. Founded in 1989, Bottomline
maintains its headquarters in Portsmouth, NH and has satellite offices
located in most major cities. For more information, dial (800)
243-2528 or visit Bottomline on the web at www.bottomline.com.
Cautionary Language
This press release may contain forward-looking statements that
involve risks and uncertainties, including statements regarding
expected benefits of use of the Company's products and future growth
or results. Among the important factors which could cause actual
results to differ materially from those in the 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 the Company's financial results, refer to the
Company's Form 10-K filed February 1999.
--30--bh/bos*
CONTACT: Bottomline Technologies
Ellen Backus, 978/740-0780
pr@bottomline.com
KEYWORD: NEW HAMPSHIRE MASSACHUSETTS MICHIGAN
INDUSTRY KEYWORD: COMPUTERS/ELECTRONICS INTERNET HARDWARE
SOFTWARE E-COMMERCE
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