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Microcap & Penny Stocks : Tokyo Joe's Cafe / Societe Anonyme/No Pennies -- Ignore unavailable to you. Want to Upgrade?

To: Manfred who wrote (56557)	2/18/1999 7:53:00 AM
From: Mr. Big	Respond to of 119973

BOTTOMLINE TECHNOLOGIES INC (EPAY) S-1 Filing (SEC form S1) We are a leading provider of enterprise-wide payment solutions. Our software and services enable organizations to transition from the traditional paper check process to electronic payments and to facilitate electronic commerce. We provide a single platform to control, manage and issue all payments. Our software complements and integrates with existing corporate payment applications, such as accounts payable, payroll, travel and entertainment expense, insurance claims and commissions. Our products provide Internet capability and run on Windows NT technology. Today, we have more than 2,000 customers, representing every major industry-sector, including The Charles Schwab Corporation, Dow Jones & Company, Inc., Harvard University, Microsoft Corporation and Nissan Motor Acceptance Corporation. Most enterprises today still rely on pre-printed, paper checks to generate and receive payments. It is estimated that in 1997, United States businesses issued or received paper checks in approximately 73 billion transactions. With the significant growth of the Internet and electronic commerce, many enterprises are seeking to implement a cost-effective, secure, electronic payment system. The National Automated Clearing House Association ("NACHA") estimates that the cost of a business-to-business electronic payment averages $3.00 compared to $8.33 for a similar paper-based payment. NACHA estimates that approximately 4.4 billion automated clearing house payments were made in 1997, an increase of approximately 430% since 1991. Bottomline's PayBase product suite is designed to provide a single platform to control, manage and issue all payments, whether paper-based or electronic, across an enterprise. Our software modules permit customers to leverage the flexibility of the Internet while increasing security and fraud avoidance. Our technology complements our customers' existing information systems and payment applications. We provide multiple options for delivery of detailed payment or remittance information, including via the Internet. Our LaserCheck offering is a cost-effective, software-based, laser-printing system that allows an enterprise to streamline its paper-payment process and to generate checks at the point of need. We also offer consulting services and related equipment and supplies to help customers plan, design and implement the transistion from paper to electronic payments. Bottomline's objective is to be the leading provider of enterprise-wide payment solutions. In addition to our direct selling efforts, we also promote our products and services through relationships with enterprise resource planning and accounting system vendors, such as Oracle and SAP, and implementation consultants. For example, we recently entered into a working agreement with Arthur Andersen LLP. Under the working agreement, Arthur Andersen LLP will work with us to develop a marketing program and to utilize the enterprise consulting experience of Arthur Andersen LLP to demonstrate the benefits of migrating to our enterprise-wide PayBase/32/ payment solution. In March 1998, we were selected by the Federal Reserve System to provide the necessary software to enable over 12,000 banks to process electronic payments with remittance information for their commercial customers. Buy & Hold and you will be rewarded - my pick for 1999 and 2000! Mr. Big