Science & Technology
Mon, April 4, 2011Sun, April 3, 2011Sat, April 2, 2011Fri, April 1, 2011Thu, March 31, 2011Wed, March 30, 2011Tue, March 29, 2011Mon, March 28, 2011Sun, March 27, 2011Sat, March 26, 2011Fri, March 25, 2011Thu, March 24, 2011Wed, March 23, 2011Leading Insurance Companies Choose Bottomline Technologiesa? Legal Spend Management Solution
Published in Science and Technology on Tuesday, March 29th 2011 at 9:20 GMT by Market Wire
PORTSMOUTH, N.H.--([ BUSINESS WIRE ])--Bottomline Technologies (NASDAQ: EPAY), today announcedseven leading insurers, including one of the nationa™s largest, have recently selected Legal eXchangea", its industry-leading legal spend management solution to more effectively manage outside legal spend.
"We welcome our new customers to Bottomline and we are dedicated to their success. Their selection of Bottomline reinforces our leading capabilities in this strategic market."
aInsurers want to better understand whata™s driving their claims litigation expense. Legal eXchange provides the capability needed to manage and control ever increasing legal spend,a said Tom Gaillard, senior vice president and general manager at Bottomline Technologies. aWe welcome our new customers to Bottomline and we are dedicated to their success. Their selection of Bottomline reinforces our leading capabilities in this strategic market.a
Supported by a network of more than 9,500 law firms, Legal eXchange helps many of the nationa™s leading property and casualty insurers to bill, budget and report on their outside legal counsel via the Web. Infinitely customizable, Legal eXchange complements customersa™ existing claims and payment systems, and includes powerful reporting tools that provide insurance claims departments insight into real-time claims and billing data, increasing control over legal spend and improving litigation management processes. The result is greater efficiency, faster decision-making and more successful case outcomes.
About Bottomline Technologies
Bottomline Technologies (NASDAQ: EPAY) provides collaborative payment, invoice and document automation solutions to corporations, financial institutions and banks around the world. The companya™s solutions are used to streamline, automate and manage processes involving payments, invoicing, global cash management, supply chain finance and transactional documents. Organizations trust these solutions to meet their needs for cost reduction, competitive differentiation and optimization of working capital. Headquartered in the United States, Bottomline also maintains offices in Europe and Asia-Pacific. For more information, visit [ www.bottomline.com ].
Bottomline Technologies, Legal eXchange and the Bottomline Technologies logo are trademarks of Bottomline Technologies (de), Inc. which may be registered in certain jurisdictions. All other brand/product names may be trademarks of their respective owners.
Cautionary Language
This press release may contain "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995. Actual results may differ materially from those indicated by such forward-looking statements as a result of various important factors. Among the important factors that could cause actual results to differ materially from those indicated by such 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 Bottomline Technologies' financial results, refer to the Company's Form 10-K for the fiscal year ended June 30, 2010 and any subsequently filed Form 10-Qs, Form 8-Ks or amendments thereto. Any forward-looking statements represent our views only as of today and should not be relied upon as representing our views as of any subsequent date. We do not assume any obligation to update any forward-looking statements.
