Fundtech's Growth in EMEA Prompts New Management Structure

Mark Wilson and Dieter Prang named as regional MDs to manage
sustained expansion
JERSEY CITY, N.J.--(Business Wire)--
Fundtech Ltd. (NASDAQ: FNDT), a market leader in corporate banking
software and solutions, today announced that as a result of solid
growth in its EMEA operations, it has enhanced the regional management
to support the company's continued expansion. This will enable
Fundtech to broaden its geographical coverage of the market and to
build on its existing client base of more than 200 institutions in the
region.

Mark Wilson, has been promoted to the position of senior vice
president and managing director of Fundtech's EMEA-London. Previously
Mark was vice president of sales. Dieter Prang has become senior vice
president and managing director EMEA - Frankfurt. Previously Dieter
was senior vice president of Fundtech GmbH, which was formed when his
company was acquired by Fundtech in 2007. The two regional leaders now
manage all aspects of Fundtech's business throughout Europe, Middle
East and Africa.

Commenting on the change, Joseph Mazzetti, executive vice
president of corporate development said: "Our EMEA business has
experienced more than 100% growth over the past three years with
products that address the pressing concerns of the market. Our new
management structure will enable us to have greater regional coverage
and be more responsive to our client's needs. Congratulations to Mark
and Dieter on their expanded leadership roles within Fundtech."

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 750
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.

Metia Inc.
(UK)
Ben Jarrold, +44 (0) 20-3100-3610
ben.jarrold@metia.com
or
(US)
Charlotte Crivelli, +1-917-320-6452
charlotte.crivelli@metia.com
or
Fundtech Corporation
George Ravich, +1-201-215-6530
george.ravich@fundtech.com

Copyright Business Wire 2008