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Business Services Industry

Fundtech Introduces ACHplus™: Advanced, Full Featured Product Line with Low Total Cost of Ownership

Business Wire, May 14, 2008

Highly automated system fills market gap, enabling banks to benefit from explosive growth in ACH transactions

JERSEY CITY, N.J. -- Fundtech Ltd. (NASDAQ: FNDT), a market leader in corporate banking solutions around the world, announces the introduction of ACHplus, a software product line that includes a high-performance back-office processing solution and a web-based origination application. The system offers a new choice to ACH originating banks - providing an extensive feature set at low cost of ownership.

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Fundtech seeks to address a wide gap in the market today by providing an affordable in-house solution that's feature rich. Today's market is characterized by two extremes: low cost systems that do not offer sufficient options for financial institutions and at the other extreme, a very costly mainframe-based system that is unaffordable for all but the largest financial institutions.

Fundtech's ACHplus fills this gap with a server-based system that is scalable and offers many customizable features. Included in the new line of ACH products are:

ACHplus: The complete ACH processing solution that has Systemation([TM]), the powerful automation framework that maximizes processing efficiency while providing fast and reliable services. ACHplus' server-based technology offers the scalable performance that delivers low total cost of ownership as well as low upfront costs. It's advanced reporting capabilities give actionable insights, helping to identify new business opportunities and manage risk exposure.

OrigiNET[TM]: The easy-to-use, yet powerful ACH origination application that connects to any ACH processor. OrigiNET spans the entire range of ACH transaction types through a single solution and fits easily into existing workflows. Rapid customization lets banks configure user screens and templates to fit their customers' needs. The secure, Web-based interface includes built-in automation and risk management tools designed to reduce the frequency and severity of errors, leading to smoother operations, lower costs and faster execution.

According to Brian Jou, Fundtech's executive vice president of global products: "A recent survey of our clients reveals that ACH is considered to be the highest growth area for payments; and that offering ACH transactions to small businesses is seen as the biggest growth opportunity. With the rapid growth of ACH transactions, banks should consider how they can use these services as a competitive differentiator that can drive profits. ACHplus offers financial institutions all the features they need at a price they can afford, and will put them in control of their operations."

Fundtech further expands its extensive line of payment solutions with the addition of ACHplus. Fundtech is currently the leading provider of wire transfer systems in the United States with over 180 bank clients; the leading cross-border payments provider in Europe with over 50 bank clients; and a leading provider of consumer remittance system used by many leading Asian banks.

About Fundtech

With thirteen offices on four continents, Fundtech Ltd is a leading provider of software solutions and services to financial institutions around the world. The company develops and sells a broad array of products across the "financial supply chain" that enable banks to automate their corporate banking activities in order to improve efficiency, while providing their customers flexibility, convenience and control. Fundtech offers products in five business segments: payments, cash management, settlements, financial messaging, and post-trade securities settlement. Fundtech is a publicly traded company, listed on NASDAQ (FNDT). The company was founded in 1993. For more information, please 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, 2006, 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.

Business Services Industry

Fundtech Introduces ACHplus™: Advanced, Full Featured Product Line with Low Total Cost of Ownership

Business Wire, May 14, 2008

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