Bottomline adds Garen Staglin to board of directors

Source: Bottomline Technologies

Bottomline Technologies (NASDAQ: EPAY), a leading provider of collaborative payment and invoice automation solutions, today announced the appointment of Garen Staglin to the company's Board of Directors.

"Garen Staglin is an experienced and knowledgeable board member. He will be a valuable asset to Bottomline as we execute on our current strategy as well as refine our long-term growth plan," said Rob Eberle, President and CEO of Bottomline Technologies. "We are delighted to add Garen to our Board."

Mr. Staglin served on the First Data Corporation Board of Directors from 1992 to 2002, a period in which the company grew to more than $7 billion in revenue. He is the former Chief Executive Officer of eONE Global LP, an affiliate of First Data Corporation and provider of advanced transaction processing and payment services. Mr. Staglin also served as CEO and Chairman of Safelite Auto Glass and as Group President of ADP Automotive Claims Services. A senior advisor with FT Ventures LP, Mr. Staglin is also an active member of the Board of Directors for ExL Services, an India-based business process outsourcing solution provider focused on finance and accounting; Solera, Inc., a global software, technology and services provider to the automobile and insurance claims industries; and Global Document Solutions, a supplier of integrated business communications and document processing services.

"Through its vision, product offering and financial process expertise, Bottomline has demonstrated it has the capability to capitalize on its market opportunities both domestically and internationally," said Mr. Staglin. "This is an exciting time to be joining the company, and I'm looking forward to working with the executive management team and other Board members to assist and advise Bottomline to advance its strategic objectives."

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