Leading Thai Bank Implements Fundtech's Global CASHplus(r)

JERSEY CITY, N.J., July 12, 2009 (GLOBE NEWSWIRE) -- Fundtech Ltd.
(Nasdaq:FNDT), a market leader in global transaction banking solutions, today
announced that United Overseas Bank (UOB), one of Thailand's leading banks, has
implemented Global CASHplus (GCP), Fundtech's new generation transaction banking
system that combines comprehensive global cash management with the full range of
automated financial supply chain features.

GCP offers UOB's corporate clients an easy-to-implement, secure, 24x7
environment to effectively manage their cash functions online, including
payments, collections and balance reporting. Its front-end capabilities,
including multi-lingual support, offer a single-window interface for all types
of cash management transactions.

GCP provides UOB a competitive edge with its integrated features, operational
efficiency, and Web 2.0-inspired user interface. GCP is equipped with a complete
suite of solutions that efficiently manages Channel Finance & Services,
Collections Management, Payments Processing, Receivables Management, Liquidity
Management and Account Reconciliation.

Sanjay Dalmia, Managing Director, Fundtech India Ltd. said: "We are delighted
that UOB has selected Fundtech's Global CASHplus to provide advanced transaction
banking services to its clients. The product's innovative features will enable
UOB to offer the industry's most comprehensive and competitive corporate banking
service."

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 the world's largest
SWIFT service bureau. We offer an extensive line of financial supply chain
applications including electronic invoice presentment and supply chain
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, 2008, 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.

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CONTACT: Metia Inc.
UK
Chanda Gathani
+44 (0) 20 3100 3605
chanda.gathani@metia.com
US
Ashleigh Egan
+1 917-320-6454
ashleigh.egan@metia.com
APAC
Jenny White
+65 6372 5286
jenny.white@metia.com

Brodeur India
Praveen Nagda
+91 20 26154540
pnagda@brodeurindia.com

Fundtech India Ltd.
Supriya Kumar
+91 20 66052000
supriya.kumar@fundtech.com

Fundtech Corporation
George Ravich
+1 201-215-6530
george.ravich@fundtech.com