To: judge who wrote (67130 ) 4/8/1999 4:44:00 PM From: Doug Robinson Respond to of 119973
EPAY News-After the Close!! April 08, 1999 16:20 Bottomline Technologies and PeopleSoft Form Alliance; Leading ERP Vendor Delivers Bottomline's PayBase 32 Payment Technology Package to Global Customer Base PORTSMOUTH, N.H. & PLEASANTON, Calif.--(BUSINESS WIRE)--April 8, 1999--Bottomline Technologies(R) (NASDAQ:EPAY), the premier provider of electronic payment solutions, today announced that it has entered into an alliance with PeopleSoft, the global supplier of enterprise business application software, to provide Bottomline's PayBase(R) 32 product suite to PeopleSoft customers. The agreement enables organizations to utilize Bottomline's PayBase 32 suite, which facilitates electronic commerce by offering Internet-enabled electronic payments and receipts, LaserCheck(R) writing, and check-fraud avoidance tools, with PeopleSoft's applications for a comprehensive ERP and financial solution. By providing a seamless exchange of information, the joint offering enables organizations in the corporate, manufacturing, retail, government, education and high-tech/electronics industries to manage and execute all types of payments, and to share real-time financial data across the enterprise. "Historically, we have often consulted with customers to help them utilize our software with PeopleSoft applications, and we have found that the combined solutions work efficiently together. With this alliance, we will be reaching a much broader scope of organizations, to provide them with the advanced functionality of our PayBase product suite," remarked Dan McGurl, President and Co-Founder of Bottomline Technologies. "PeopleSoft applications manage information that is vital to the top manufacturing, technology and retail corporations around the world, and Bottomline's PayBase suite completes the crucial financial end of the ERP loop. The combined solution will enable our future customers to increase productivity and enhance customer service via a more powerful, integrated supply chain system