(BSNS WIRE) Raymond James Financial, Inc. Deploys Bottomline Technologie
Raymond James Financial, Inc. Deploys Bottomline Technologies Software
Business/Technology Editors
PORTSMOUTH, N.H. and ST. PETERSBURG, Fla.--(BUSINESS WIRE)--Dec.
10, 1999--Bottomline Technologies(R) (NASDAQ:EPAY), a premier provider
of Web-enabled billing, payment, and treasury management solutions,
today announced that Raymond James Financial, Inc. (NYSE: RJF), one of
the largest financial services firms in the United States, has
deployed Bottomline's software.
"Our company was chosen by Raymond James because our unparalleled
technology exceeded their back-office efficiency goals and
requirements," remarked Dan McGurl, president and CEO of Bottomline
Technologies. "PayBase provides their staff members, employees, and
trading partners with a powerful out-of-the-box system. We are pleased
to welcome Raymond James to our expansive list of customers in the
financial services industry, and look forward to a long and productive
business relationship."
Bottomline's software, integrated into the firm's PeopleSoft
financials package, delivers a complete solution that streamlines
operations, reduces pre-processing work, and significantly cuts costs.
Bottomline Technologies was chosen over several competitors to win the
contract for software and implementation services, as Elizabeth
Eriksen, Assistant Vice President of Raymond James & Associates, Inc.,
a wholly owned subsidiary of Raymond James Financial that provides
technology support to all of the firm's subsidiaries, explained. "Our
corporate culture is built on a history of client-driven, Service 1st
initiatives. In our business, managing relationships well is the key
to success - whether those relationships are with staff, customers, or
vendors. Bottomline understood our history, and was able to provide
the high quality solution we wanted. Now we can offer efficient,
secure financial solutions to our employees here at our corporate
headquarters and in our Detroit operations location."
About Raymond James
Raymond James Financial, Inc. (NYSE: RJF) provides financial
services to individuals, corporations and municipalities through its
two wholly-owned investment firms, Raymond James & Associates and
Raymond James Financial Services, Inc. In addition, Raymond James
asset management subsidiaries currently manage in excess of $14
billion. Overall, these firms employ more than 4,000 Financial
Advisors in more than 1,500 locations throughout the United States and
internationally.
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--kc/bos*
CONTACT: Bottomline Technologies
Ellen Backus, (978) 740-0780
pr@bottomline.com
KEYWORD: NEW HAMPSHIRE FLORIDA MASSACHUSETTS
INDUSTRY KEYWORD: BANKING COMPUTERS/ELECTRONICS INTERNET SOFTWARE
Today's News On The Net - Business Wire's full file on the Internet
with Hyperlinks to your home page.
URL: businesswire.com
*** end of story ***
|
