Fundtech Expands Global CASHplus(tm) Into Europe With Two Client Wins

Corporate Electronic Banking Solution Sets a New Standard for Usability and Multi-country Liquidity Management

• Press Release
• Source: Fundtech Ltd.
• On 4:30 am EDT, Monday September 7, 2009

JERSEY CITY, N.J., Sept. 7, 2009 (GLOBE NEWSWIRE) -- Fundtech Ltd. (Nasdaq:FNDT - News), a market leader in global transaction banking solutions, announced the availability of its highly successful Global CASHplus solution throughout the European market. Currently the product has 13 clients across the Asia-Pacific region, and has recently added two leading banks in Europe, one of them the National Bank of Greece.

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Symbol	Price	Change
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Global CASHplus' success in Asia-Pacific has been due to its comprehensive set of advanced features that offer banks an edge in the highly competitive cash management business. Most importantly: the product's breadth of cash and liquidity management features that can be purchased on a modular basis; its advanced Web 2.0 user interface that enables users to customize portals; and it's multi-country capabilities that provide corporate clients with the cross-border transactions and working capital visibility they require.

According to Trevor LaFleche, Senior Research Analyst for IDC Financial Insights, "European banks are managing their corporate application portfolio more closely than ever. Offerings that can help banks improve their service from the interface and across the key lines of business that need refreshing will win favour in the marketplace."

Speaking of the introduction, Mark Wilson, managing director of Fundtech's European business said: "Global CASHplus is perfectly suited for the European market because cross-border commerce is a way of life for companies of all sizes. With Global CASHplus, banks can help their corporate customers optimise funds usage across their complex network of account and credit facilities in multiple countries, and ultimately provide effective working capital management via integrated cross border cash and liquidity management services."

According to Sanjay Dalmia, CEO of Fundtech India: "Global CASHplus offers a complete solution for corporate clients to manage SEPA Credit Transfers (SCT) and SEPA Direct Debits (SDD). Its J2EE technology and SOA enabled modules ensure the flexibility that modern banking systems require."

About Global CASHplus

Global CASHplus integrates a set of modules with a core functional platform. Modules that make up the broad functionality are as follows:

  --  Dashboard Portal -integrating multiple applications into a
      single window

  --  Cash Forecasting - integrating cash inflows and outflows from
      various sources, along with forecasting and management tools

  --  Liquidity Management - enabling optimizing funds usage across
      accounts, banks and countries

  --  Global Balance Reporting - multi-bank, multi-account, multi-
      country balance reporting

  --  Payments Management - a complete payment system supporting
      domestic and cross-border payments

  --  Receivables Management - users can manage receivables from
      cash collections to complex direct debit mandates

  --  Financial Supply Chain- Includes features such as e-invoicing
      and financing for open account trade document management.

About Fundtech

Fundtech (Nasdaq:FNDT - News) was founded in 1993, and is a leading provider of software and services to banks of all sizes around the world. Payments systems include wire transfers, ACH origination, cross-border payments and remittance. Cash management systems are designed for large corporate through small business clients. Fundtech operates the world's largest SWIFT service bureau. We offer an extensive line of financial supply chain applications including electronic invoice presentment and supply chain financing. And we are the leading provider of CLS systems to the world's largest banks. More than 1,000 clients throughout the world rely on Fundtech solutions to improve operational efficiency and provide greater competitiveness through innovative business-to-business services. For more information, visit www.fundtech.com.

Forward Looking Statements:

This news release contains forward-looking statements made pursuant to the safe-harbor provisions of the Private Securities Litigation Reform Act of 1995. Such statements may include, but are not limited to, projections of revenues, income or loss, capital expenditures, plans for growth and future operations, competition and regulation. Forward-looking statements are inherently subject to risks and uncertainties, many of which cannot be predicted or quantified. When used in this Release, the words, "estimates," "expects," "anticipates," "believes," "plans," "intends," and variations of such words and similar expressions are intended to identify forward-looking statements that involve risks and uncertainties. Future events and actual results could differ materially from those set forth in, contemplated by or underlying the forward-looking statements. The factors that could cause actual results to differ materially from those discussed or identified from time to time in Fundtech's public filings, including its Annual Report on Form 20-F for the year ended December 31, 2008, including general economic and market conditions, changes in regulations and taxes and changes in competition in pricing environment. Undo reliance should not be placed on these forward-looking statements, which are applicable only as of the date hereof. Fundtech undertakes no obligation to revise or update these forward-looking statements to reflect events or circumstances that arise after the date of this Release or to reflect the occurrence of unanticipated events.

Metia Inc.
Press Contacts:
(UK) Chanda Gathani
  +44 (0) 20 3100 3605
  chanda.gathani@metia.com
(APAC) Jenny White
  jenny.white@metia.com
Brodeur India:
Praveen Nagda
+91 20 26154540
pnagda@brodeurindia.com
Corporate Contacts:
Fundtech India Ltd.
Supriya Kumar
+91 20 66052000
supriya.kumar@fundtech.com
Fundtech Ltd.
George Ravich 
+1-201-215-6530
george.ravich@fundtech.com