Press Release - 20th December 2011

Bottomline Named "Leader in Innovation" in Transaction Banking

PORTSMOUTH, N.H. – December 20, 2011 – Bottomline Technologies (NASDAQ: EPAY), a leading provider of collaborative payment, invoice and document automation solutions, today announced that Financial-i magazine has recognized the company’s electronic invoicing solution in its annual Leaders in Innovation Awards as 2011’s most innovative e-invoicing product. Bottomline was selected by the publication’s award advisory panel, which includes industry consultants, practitioners and analysts from Tower Group, Celent and other firms.

Electronic invoicing provides an opportunity for banks, their customers and technology providers to collaborate, automate paper-intensive processes and reduce costs. By leveraging industry standards such as SWIFT, organizations can create cross-border e-invoicing solutions that facilitate global business, improve working capital optimization and increase visibility into the financial supply chain.

“This recognition further validates Bottomline’s leadership in product innovation,” said Rob Eberle, Bottomline’s President and CEO. “We have a proven track record of delivering award-winning products and services that help our customers solve their specific business challenges and achieve market leadership.”

About Bottomline Technologies
Bottomline Technologies (NASDAQ: EPAY) provides collaborative payment, invoice and document automation 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 these solutions 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 and the BT logo are registered trademarks of Bottomline Technologies, 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 those indicated by such forward-looking statements as a result of various important factors. Among the important factors that could cause actual results to differ materially from those indicated by such forward-looking statements are competition, market demand, technological change, strategic relationships, recent acquisitions, international operations and general economic conditions. For additional discussion of factors that could impact Bottomline Technologies' financial results, refer to the Company's Form 10-K filed September 2006, Form 10-Q filed November 2006 and any recently filed Form 8K's. Any forward-looking statements represent our views only as of today and should not be relied upon as representing our views as of any subsequent date. We do not assume any obligation to update any forward-looking statements.

Company Contact:
Kevin Donovan
Bottomline Technologies
603.501.5240
kdonovan@bottomline.com