Fundtech Wins Leaders in Innovation Award for e-Payments

Business Wire, Dec 12, 2008

Third annual Financial-i award selected by industry analysts and journalists

JERSEY CITY, N.J. -- Fundtech Ltd. (NASDAQ: FNDT), a market leader in global transaction banking solutions, announced that it has won the Financial-i Leaders in Innovation Award for e-Payments. The annual award is given to banks and vendors who are shaping the delivery of business solutions in wholesale transaction banking.

According to Anita Hawser, Managing Editor of Financial-i, the leading journal for transaction banking: "The awards recognize those companies that demonstrate an ongoing commitment to innovation: Companies that have demonstrated over the last 12 months their ability to innovate, and the ability to use these solutions to solve specific business issues or concerns."

According to Michael Sgroe, Fundtech president: "We appreciate this recognition of our technology leadership and ongoing commitment to innovation. For over 15 years we have dedicated ourselves to providing the industry with leading-edge technology solutions that enable financial institutions to offer their clients more convenience and control, while reducing operational costs. We thank Financial-i and the advisory panel for this great honor."

About Fundtech

Fundtech (NASDAQ: FNDT), 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 is a leader in SWIFT services, operating one of the world's largest SWIFT service bureaus in the world. We offer an extensive line of financial supply chain applications including electronic invoice presentment and supply trade 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, 2007, 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.