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Bottomline Technologies Acquires Legal e-Billing Patent


PORTSMOUTH, NH – Bottomline Technologies (NASDAQ: EPAY), a leading provider of invoice automation and payments software and services, announced the company has acquired a patent which addresses the process of online budgeting and evaluation of legal invoices.

In acquiring this patent, Bottomline expands its portfolio of intellectual property rights and strengthens the company’s position as a leading provider of legal spend management services to corporate legal and insurance claims departments. This patented technology enables clients and outside counsel to work collaboratively to negotiate and approve budgets online while also facilitating real-time tracking of expenses incurred against a budget. Through the use of Bottomline’s Legal eXchange® solution for electronic invoice management, customers are able to transform the efficiency of legal billing processes to reduce operating costs and attain greater visibility into the performance of outside law firms.

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Definition:
Patent Cooperation Treaty - provides a mechanism by which an applicant can file a single application that, when certain requirements have been fulfilled, is equivalent to a regular national filing in each designated Contracting State.

Allegation Of Use

Definition:
A sworn statement signed by the applicant or a person authorized to sign on behalf of the applicant attesting to use of the mark in commerce.

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