Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Technology Stocks : EPAY -- Ignore unavailable to you. Want to Upgrade?

To: Zed who wrote (630)	12/8/1999 9:22:00 AM
From: AugustWest	Read Replies (1) \| Respond to of 717

(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 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 *