Fundtech's ACHplus(TM) On A Roll With Nine New Sales

Fundtech Ltd. (NASDAQ: FNDT), a market leader in global transaction banking solutions, announced that it has sold nine ACH processing systems to US banks and credit unions since the introduction of the product five months ago. As ACH volumes continue their strong growth, financial institutions are seeking greater processing efficiency through automation, enabling them to offer corporate clients more flexible pricing and end-of-day deadlines.

Among the nine financial institutions that have purchased ACHplus are: Alaska USA Federal Credit Union, AmericanWest Bank, Bancorp Bank, BNP Paribas, Mid-Atlantic Corporate Federal Credit Union, and Umpqua Bank.

According to Jane Lathrop, Umpqua Bank’s Senior Vice President of Payment Services: "As ACH transactions continue to increase, our ability to offer corporate clients fast, flexible, and reliable ACH services has never been more important. We selected Fundtech’s ACHplus because it offered us the features we need to deliver the level of service our clients have come to expect from Umpqua Bank.”

In 2009, financial institutions will be further challenged with processing international ACH transactions (IAT) that will require even greater automation, as the need for OFAC compliance becomes more complex.

"Based on the current market environment, financial institutions need to balance key objectives such as improving operating efficiency, identifying revenue generation opportunities, and delivering superior customer service.” said Leslie Bertha, Fundtech executive vice president and managing director of North America. "The success of ACHplus is validation that it enables banks to meet these important goals.”

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 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, 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.