Fundtech Wins XCelent Award for Innovative CASHplus Product

Jersey City, NJ - 1 March 2011

“Fundtech takes the crown and an XCelent Award in the advanced technology category.” – Celent Report

Fundtech Ltd. (NASDAQ: FNDT), a market leader in global transaction banking solutions, announced that it has won the title for Advanced Technology in Celent’s “Evaluating the Vendors of Small Business Online Banking Solutions” 2010 Awards. Celent is a leading research and consulting firm in IT and financial services.

The award recognizes Fundtech’s CASHplus® for its high degree of interoperability, security and performance. Areas of particular note are the product’s SOA Services Platform, which was first introduced by Fundtech in 2009. Fundtech’s advances in usability were reflected in the firm’s top GUI flexibility score, highlighting the product’s customization capabilities. Fundtech also scored high in security features due to the company’s partnerships with Digital Resolve and Vasco as well as the firm’s entitlements capabilities.

Jacob Jegher, Celent senior analyst and author of the report writes, “Fundtech takes the crown in the advanced technology category.” He continues, “The Fundtech [CASHplus] solution excels at traditional cash management functionality— ACH and wire payments, reporting and a robust admin tool.”

CASHplus provides a comprehensive set of Internet banking services that empower a corporate customer with secure access to transaction management, along with highly advanced reporting and audit modules. It enables banks to tailor services, fees and branding to the unique needs of various market segments.

“We are delighted that CASHplus has been recognized by Celent for advanced technology. We continue to invest in the products so that our clients have the most compelling cash management service available in the marketplace. Innovation in cash management is a core strength of Fundtech,” said Ed Gainer, Senior Vice President of Fundtech’s cash management business unit.

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