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National Grid Selects Bottomline’s SWIFT Access Service for Cloud-Based SWIFT Connectivity

  National Grid Selects Bottomline’s SWIFT Access Service for Cloud-Based
  SWIFT Connectivity

   SWIFT connectivity solution delivers greater security and efficiency for
                              Treasury payments

Business Wire

PORTSMOUTH, N.H. and LONDON -- October 28, 2012

Bottomline Technologies (NASDAQ: EPAY), a leading provider of cloud-based
payment, invoice and banking solutions, today announced that National Grid, an
international electricity and gas corporation, has increased processing
security and efficiency for its treasury payments by selecting Bottomline’s
cloud-based SWIFT Access Service. SWIFT Access Service has enabled National
Grid to manage cash more effectively while reducing operational risk.

SWIFT Access Service offers a reliable, efficient and cost effective
alternative to in-house SWIFT connections for corporations and financial
institutions. It delivers the enhanced security required for high value
payment operations alongside significant efficiency and cost benefits.
Delivered as a subscription-based Software as a Service (SaaS) solution, SWIFT
Access Service facilitates rapid on-boarding to SWIFT and shorter deployment
timescales, ensuring more rapid realization of business benefits.

“Access to accurate and timely balance and transaction reporting data, greater
security and operational efficiency helped build the business case for us to
choose a cloud-based SWIFT Service Bureau model,” explains Mark Flawn,
Assistant Treasurer, National Grid plc. “This fits with the strategic
initiative at National Grid to use remotely hosted solutions where possible.
We are able to achieve better results by using a cloud platform, as it removes
the overhead of maintaining the infrastructure on our own servers which in
turn frees up both our Treasury and IT resources.”

“Enhancing visibility and rapid access to cash is a vital goal for any
business,” said Nigel Savory, Managing Director, Europe at Bottomline
Technologies. “We are delighted to be able to help National Grid and our other
customers achieve this goal through our SWIFT Access Service, as well as a
range of value-added payments and cash management solutions which enable our
customers to leverage their investment in SWIFT for an even greater on-going
return on investment.”

About Bottomline Technologies

Bottomline Technologies (NASDAQ: EPAY) provides cloud-based payment, invoice
and banking solutions to corporations, financial institutions and banks around
the world. The company’s solutions are used to streamline, automate and manage
processes involving payments, invoicing, global cash management, supply chain
finance and transactional documents. Organizations trust Bottomline to meet
their needs for cost reduction, competitive differentiation and optimization
of working capital. Headquartered in the United States, Bottomline also
maintains offices in Europe and Asia-Pacific. For more information, visit

Bottomline Technologies ^ and the BT logo are trademarks of Bottomline
Technologies (de), Inc. which may be registered in certain jurisdictions. All
other brand/product names are trademarks of their respective holders.

Cautionary Language

This press release may contain "forward-looking statements" within the meaning
of the Private Securities Litigation Reform Act of 1995. Actual results may
differ materially from our expectations as a result of various important
factors, including but not limited to competition, market demand,
technological change, strategic relationships, recent acquisitions,
international operations and general economic conditions. For additional
discussion of these and other factors that could impact our operational and
financial results, refer to our filings with the Securities and Exchange
Commission, including our Form 10-K for the fiscal year ended June 30, 2012
and subsequent filings. Any forward-looking statements represent our views
only as of today and we do not assume any obligation to update such


Bottomline Technologies
Jenny Swift, +44 (0) 7788 416 938
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