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AP Technology and Fundtech Form Partnership to Bring Automated, Real-Time Reporting Functionality to Cash Management

Business Wire, April 22, 2008

Transporter([R]) Technology Enables Unattended Bank File Transfer for CASHplus([R]) System Users

CARLSBAD, Calif. & JERSEY CITY, N.J. -- AP Technology, a leading provider of secure data-transfer solutions for financial institutions, and Fundtech Corp. (NASDAQ:FNDT), a leader in corporate banking solutions, have partnered to add automated and unattended, real-time file transfer functionality to Fundtech's CASHplus cash management system.

The integrated solution called CASHplus Automated Reporter Module, is powered by the Transporter core technology from AP Technology, and provides CASHplus users with scripting capabilities for unattended, real-time information reporting. Retrieving daily reports becomes efficient and transparent, as reports are proactively delivered to user-designated locations with no manual intervention required.

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CASHplus Automated Reporter Module automatically retrieves and delivers bank reports based on a preset schedule or in real time, eliminating the need for corporate cash managers to manually initiate report delivery through a bank's website. Users also have the ability to retrieve customized reports that are tailored to their needs. Automated email notifications are sent to specified recipients informing them of report availability and delivery.

"CASHplus Automated Reporter Module provides real-time, proactive cash management reporting, which makes a bank's cash management services more useful, more convenient and therefore more competitive. We are delighted to work with AP Technology who is a proven leader in the development of automated reporting systems," said Brian Jou, Executive Vice President of Product at Fundtech

"The advanced user-definable reporting functionality of Fundtech's CASHplus cash management system combined with the automation capabilities of CASHplus Automated Reporter Module provides a state-of-the-art system that delivers the very highest standards for convenience, timeliness, and security," states Richard Love, Chief Executive Officer, AP Technology.

About AP Technology

Headquartered in Carlsbad, CA, AP Technology is a leading provider of Secure Banking Solutions that are securing the online environment by providing the vital components of Authentication Validation and Automation. AP Technology solutions enhance the connection between banks and their clients by automating secure online access, transactions, and data exchange. These solutions include the Transporter automated file transfer client application, APSecure-DE automated file transfer server application, SecurePay positive pay file conversion software, APSecure-BOC branch official check printing system, APSecure-ROC remote official check printing system, and Keystone Authentication strong authentication technology. AP Technology has partnerships with nine of the ten leading U.S. commercial banks. For more information on the company's Secure Banking Solutions, visit http://www.aptechnology.com

About Fundtech

Fundtech (NASDAQ:FNDT), was founded in 1993, and is a leading provider of software and services to banks of all sizes in the USA and around the world. Payments systems include wire transfers, ACH origination and cross-border payments. Cash management systems are designed for large corporate through small business clients. Fundtech is also a leader in SWIFT services, financial supply chain applications, and CLS systems. More than 700 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 http://www.fundtech.com

Forward Looking Statements:

Statements included in this Release may contain forward-looking statements. Such forward-looking statements are made pursuant to the safe-harbor provisions of the Private Securities Litigation Reform Act of 1995. Such statements may relate, but are not limited, to plans for future operations as well as assumptions relating to the foregoing. Forward-looking statements are inherently subject to risks and uncertainties. Future events and actual results could differ materially from those set forth in 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 ending December 31, 2007. 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.

Transporter is a registered trademark and APSecure-DE, SecurePay, APSecure-BOC, APSecure-ROC, and Keystone Authentication are trademarks of AP Technology. CASHplus is a registered trademark of Fundtech Ltd.

Business Services Industry

AP Technology and Fundtech Form Partnership to Bring Automated, Real-Time Reporting Functionality to Cash Management

Business Wire, April 22, 2008

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