Jun 15, 2021

Lawrenceville, New Jersey, UNITED STATES LAWRENCEVILLE, N.J., June 15, 2021 (GLOBE NEWSWIRE) -- Billtrust (NASDAQ: BTRS), a B2B accounts receivable automation and integrated payments leader, announced that CRN®, a brand of The Channel Company, has named Gwenn Lazar, Billtrust Senior Vice President, Channel Development, to the Women of the Channel list for 2021. This annual list recognizes the unique strengths, vision and achievements of female leaders in the IT channel. The 2021 Women of the Channel list acknowledges women from all over the IT channel, including vendors, distributors and solution providers. Lazar joined Billtrust in December 2020 and is responsible for driving business development and channel management initiatives. "We are proud of Gwenn for achieving this distinct honor,” said Steve Pinado, Billtrust President. “With integrations into hundreds of ERPs and accounts payable portals, channel partnerships are extraordinarily important to our business. As Billtrust continues to become more deeply ingrained into the financial ecosystem, Gwenn offers us extensive channel knowledge to grow and enhance our partnerships while ensuring client success.” “I’m honored and humbled to be named to this list alongside so many accomplished women in our field,” said Lazar. “I’m proud to be driving growth at Billtrust and fortunate to work for a company so deeply invested in partner success.” The women honored on this year’s list pushed forward with comprehensive business plans, marketing initiatives and other innovative ideas to support their partners and customers, helping them through the uncertainty brought on by the global COVID-19 pandemic. CRN celebrates these exceptional women for their leadership, dedication and channel advocacy. The 2021 Women of the Channel list is featured online at www.CRN.com/WOTC . “CRN’s 2021 Women of the Channel list acknowledges accomplished, influential women whose dedication, hard work, and leadership accelerate channel growth,” said Blaine Raddon, CEO of The Channel Company. “We are proud to honor them for their many accomplishments and look forward to their continued contributions to the IT channel.” About Billtrust Billtrust (NASDAQ: BTRS) is a leading provider of cloud-based software and integrated payment processing solutions that simplify and automate B2B commerce. Accounts receivable is broken and relies on conventional processes that are outdated, inefficient, manual and largely paper based. Billtrust is at the forefront of the digital transformation of AR, providing mission-critical solutions that span credit decisioning and monitoring , online ordering , invoice delivery , payments and remittance capture , invoicing , cash application and collections . For more information, visit Billtrust.com . About The Channel Company The Channel Company enables breakthrough IT channel performance with our dominant media, engaging events, expert consulting and education, and innovative marketing services and platforms. As the channel catalyst, we connect and empower technology suppliers, solution providers, and end users. Backed by more than 30 years of unequalled channel experience, we draw from our deep knowledge to envision innovative new solutions for ever-evolving challenges in the technology marketplace. www.thechannelcompany.com Forward-Looking Statements This press release includes certain statements that are not historical facts but are forward-looking statements for purposes of the safe harbor provisions under the United States Private Securities Litigation Reform Act of 1995. These forward-looking statements are not intended to serve as, and must not be relied on by any investor as, a guarantee, an assurance, a prediction or a definitive statement of fact or probability. Actual events and circumstances are difficult or impossible to predict and will differ from assumptions. Many actual events and circumstances are beyond the control of the Company. These forward looking statements are subject to a number of risks and uncertainties, including those factors discussed in the Company’s filings with the SEC, including those under the header “Risk Factors” in the Registration Statement on Form S-4 filed with the SEC by South Mountain Merger Corp. on October 26, 2020, as amended. If the risks materialize or assumptions prove incorrect, actual results could differ materially from the results implied by these forward-looking statements. There may be additional risks that the Company presently does not know or that they currently believe are immaterial that could also cause actual results to differ from those contained in the forward-looking statements. In addition, forward-looking statements reflect the Company’s expectations, plans or forecasts of future events and views as of the date of this press release. The Company anticipates that subsequent events and developments will cause its assessments to change. However, while the Company may elect to update these forward-looking statements at some point in the future, the Company specifically disclaims any obligation to do so. These forward-looking statements should not be relied upon as representing the Company’s assessments as of any date subsequent to the date of this press release. Accordingly, undue reliance should not be placed upon the forward-looking statements. A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/de9f7f25-b446-4c70-8884-21f2577a6496 Gwenn Lazar