Bottomline nominates former BoA exec Michael Curran to board of directors

Source: Bottomline Technologies

Bottomline Technologies (NASDAQ: EPAY), a leading provider of payments and invoice automation software and services, today announced that its board of directors has nominated Michael J. Curran, a former Bank of America executive, as a new, independent director for election at the company’s 2006 annual meeting of stockholders to be held on November 16, 2006.

"As someone with extensive experience in and intimate knowledge of the global banking market, Mike will bring an invaluable perspective to Bottomline. He has an in-depth understanding of the objectives, priorities and challenges of one of our largest customer groups – global banks – and has extensive relationships within the banking industry," said Joe Mullen, CEO of Bottomline Technologies. "We are confident that Mike will enhance Bottomline's ability to continue growing our business."

Mr. Curran is the former executive vice president of Bank of America Global Treasury Services. In this executive leadership role, he was responsible for Global Corporate Banking Sales, a multi-billion dollar business unit. During his time at Bank of America, Mr. Curran also served as a Corporate Band 1 Executive and as a member of the company’s management operating committee. Prior to joining Bank of America, Mr. Curran held senior executive positions at FleetBoston Financial Corporation, Chemical Bank and Manufacturers Hanover Trust, Co.

"In Bottomline, I see an organization with the technology, global capabilities and strategic vision necessary to take advantage of the business opportunities in its core markets," said Mr. Curran. "I am delighted by the opportunity to become a member of the company's Board and look forward to working with the directors and executive management team."

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