Billtrust CEO, Flint Lane, Named Ernst & Young Entrepreneur of the Year® 2011 New Jersey

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Prestigious Ernst & Young Award Recognizes Leadership, Innovation

This award is a reflection of the dedication and passion of the entire Billtrust team. We have a singular focus on innovation and service for our customer base.

Billtrust, the leader in outsourced billing services, today announced Flint Lane, Billtrust President & CEO, has been awarded the Ernst & Young Entrepreneur Of The Year® 2011. This is the latest honor for Lane who was recently named to the Institute of Financial Operations’ (IFO) list of the 25 Most Influential Financial Operations Professionals.

The Ernst & Young Entrepreneur Of The Year® award celebrates the world’s most influential and innovative entrepreneurs. Lane was selected by an independent judging panel made up of previous winners of the award, leading CEOs, private capital investors and other regional business leaders. The award underscores Lane’s industry leadership and innovation in elevating billing to a strategic business function.

"It's an honor to be selected for this award and I salute the accomplishments of my fellow nominees," stated Mr. Lane. "This award is a reflection of the dedication and passion of the entire Billtrust team. We have a singular focus on innovation and service for our customer base."

Billtrust services appeal to businesses that recognize the strategic value in leveraging technology for both customer service and operational efficiencies. The privately-held company is enjoying record growth by helping companies transform their billing processes and move to an electronic world.

“Ernst & Young has honored outstanding entrepreneurs like this year’s winners for the past 25 years,” said Mike Kacsmar, Ernst & Young LLP Entrepreneur of the Year New Jersey program director. “These business leaders have accomplished so much and contributed a tremendous amount to the community. They give us hope for what the next 25 years of entrepreneurs will bring.”

About Billtrust
Headquartered in Jamesburg, NJ, Billtrust is the leader in outsourced billing solutions. The company’s flagship product and service suite, called CompleteBilling, consists of paper, fax, e-mail and online billing (EBPP, EIPP). In addition, the company provides expert bill design, in-bill marketing services, and an integrated online customer service tool called CustomerCare. These comprehensive tools automate the billing process, enabling businesses to save money, increase productivity, improve cash flow, and seamlessly migrate to electronic delivery. More than 500 companies nationwide rely on Billtrust for their billing needs. For more information, visit Billtrust online at http://www.billtrust.com.

About Ernst & Young Entrepreneur of the Year
Ernst & Young Entrepreneur of the Year is the world's most prestigious business award for entrepreneurs. The unique award makes a difference through the way it encourages entrepreneurial activity among those with potential, and recognizes the contribution of people who inspire others with their vision, leadership and achievement. As the first and only truly global award of its kind, Entrepreneur Of The Year celebrates those who are building and leading successful, growing and dynamic businesses, recognizing them through regional, national and global awards programs in more than 140 cities in more than 50 countries.

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Mitchell Rose
Billtrust
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