Fundtech Revitalizes Optimist Youth Homes during its Client Insights Conference 2010

Fundtech's volunteer event mobilizes its clients and staff to help school for disadvantaged kids

During the annual Fundtech client Insights Conference, this year held in Santa Monica, CA, Fundtech (NASDAQ: FNDT) staff and their clients participated in a community service project at the Optimist Youth Homes and Family Services, a non-profit residential facility dedicated to providing education and support services to abused, neglected or at-risk children and their families. The scope of this years service project was to refurbish the common areas on the Optimist campus where students gather between classes and meet with their families. Fundtech volunteers, in conjunction with local volunteer organization L.A. Works, renovated outside seating areas, planted flowers and greenery around the campus and painted murals on walls around the grounds. Volunteers worked side-by-side with students and faculty and had the opportunity to talk with them about their experiences at the school.

According to George Ravich, Fundtech Chief Marketing Officer, Fundtech organizes and participates in community service projects all over the world. As a firm, we realize the importance and value of helping improve the communities in which we work. We were gratified by the amount of tangible improvements Fundtech employees and our clients were able to make to the campus in just one day of work.

Silvio Orlando, Executive Director at Optimist Youth Homes and Family Services said, It was a pleasure to host Fundtechs volunteers on our campus. Programs like ours, which endeavor to help shape and re-direct the lives of at-risk children and youth, truly rely on the support of the community, and especially on companies like Fundtech. Projects like Fundtechs allow us to refresh our campus and keep it beautiful, safe and inviting for our students and their families, which is invaluable to our continued outreach and success.

 

About Optimist Youth Homes and Family Services

Founded in 1906, Optimist Youth Homes & Family Services is one of Southern Californias largest education and treatment centers for juvenile offenders and other at-risk children. It operates residential care facilities for 99 boys on its Highland Park campus, four group homes in Los Angeles County, multifaceted mental health programs for community youth and families, a non-public high school, and a multi-county foster care and adoption agency. Please visit OYHFS website at www.oyhfs.org for more information.

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 operates the worlds 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 worlds 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, 2009, 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.

Press Contacts:
(USA) Binna Kim, Cognito
+1 646 395 6300
fundtech@cognitomedia.com

Corporate Contacts:
George Ravich Fundtech Ltd.
Tel: +1-201-215-6530
george.ravich@fundtech.com