Bottomline Recognized by Aite Group for Global Cash Management Capabilities

  Bottomline Recognized by Aite Group for Global Cash Management Capabilities

     Company selected as “Greatest Global Success” and “Vendor to Watch”

Business Wire

PORTSMOUTH, N.H. -- December 04, 2012

Bottomline Technologies (NASDAQ: EPAY), a leading provider of cloud-based
payment, invoice and banking solutions, today announced that it was selected
for the “Greatest Global Success” and “Vendor to Watch” awards by Aite Group
in its 2012 Cash Management Vendor Analysis. Aite Group is an independent
research and advisory firm focused on the financial services industry.

Aite Group selected Bottomline for the “Greatest Global Success” award based
upon Bottomline’s numerous deployments of WebSeries^®, Bottomline’s
industry-leading cash management solution for advanced payment and reporting,
outside the United States, making it the most global of the U.S. cash
management vendors surveyed for the report. The report notes that Bottomline
offers strong global capabilities and knowledge and has a number of financial
institution customers that have extended their usage of the WebSeries platform
around the globe.

Bottomline was also chosen by Aite as a “Vendor to Watch” for 2013 due to its
acquisition of the commercial banking business of Intuit, Inc., which
positions the company as a provider of cash management solutions for financial
institutions of all sizes.

“Cash management and the technologies that support it continue to be a high
area of focus for financial institutions,” says Christine Barry, research
director at Aite Group. “New corporate customer demands and expectations are
also driving new deployments and technological enhancements. With its global
reach and its focus on serving as a partner to a wide range of financial
institutions, Bottomline is a “Vendor to Watch” in the coming months.”

“We are very pleased to receive this recognition by Aite Group,” said Norm
DeLuca, Managing Director of Global Banking and Financial Services at
Bottomline. “This selection demonstrates that we are executing on our goal of
providing innovative, feature-rich solutions to customers of all sizes, from
small community banks to large global financial institutions.”

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
www.bottomline.com.

Bottomline Technologies, WebSeries ^ 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. Any statements that
are not statements of historical fact (including but not limited to statements
containing the words “will”, “believes,” “plans,” “anticipates,” “expects,”
“look forward”, “estimates” and similar expressions) should be considered to
be forward-looking statements. Actual results may differ materially from those
indicated by such forward-looking statements 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 Bottomline
Technologies' financial results, refer to the company's Form 10-K for the
fiscal year ended June 30, 2012 and any subsequently filed Form 10-Q’s and
Form 8-K’s or amendments thereto. Any forward-looking statements represent
Bottomline’s views only as of today and should not be relied upon as
representing its views as of any subsequent date. Bottomline does not assume
any obligation to update any forward-looking statements.

Contact:

Bottomline Technologies
Lara Mataac, 603-501-6371
lmataac@bottomline.com
 
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