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Press Release -

WebSeries® Platform to Include Paymode-X™ Functionality

Transaction Banking Solution to Incorporate Order-to-Pay Capabilities

PORTSMOUTH, N.H. – Oct. 25, 2010 - Bottomline Technologies (NASDAQ: EPAY), a leading provider of collaborative payment, invoice and document automation solutions, today announced it is making its Paymode-X® functionality available in the WebSeries® Cash Management Platform. Paymode-X is the fastest growing online business to business electronic payment network helping companies convert from paper to electronic payments easily and securely.

The integration of Paymode-X functionality into WebSeries will allow banks to enhance their payment applications and capture additional business by offering electronic remittance delivery to suppliers already on the world’s largest and fastest growing business to business payment network. Access to the Paymode-X network allows banks the ability to offer their clients accelerated conversion from paper to electronic payments. Integrating more closely with clients’ back office processes provides banks the opportunity to increase customer retention and grow revenue.  

With Paymode-X, bank customers and their suppliers realize dramatic savings in processing costs by converting to electronic payments and remittance information. The migration away from manual paper processes to electronic allows bank customer to better control and predict their cash, improve performance metrics and strengthen their supplier relationships. More predicable cash flow means better cash forecasting and optimized working capital for all parties involved. For banks, Paymode-X offers the opportunity to provide new cash management capabilities to its prospects and customers that extend into servicing the client’s supply chain, providing substantial market differentiation. 

“Bottomline is continually finding new, innovative ways to more deeply connect leading banks to their most important clients,” said Eric Campbell, Bottomline’s chief technology officer. “The integration of Paymode-X functionality into WebSeries will help banks grow and increase profitability by helping their customers cut costs and increase efficiencies.” 

Reducing the circulation of paper payments has a positive effect on business’ carbon footprint by minimizing the use of paper. Bottomline honors its customers and partners by recognizing the positive environmental impacts of the move from paper to electronic processes with Bottomline’s “Think Green” Awards.  In addition, Bottomline has multiple green savings calculators to quantify the environmental and financial return on investment in Bottomline’s products and services on its website at www.bottomline.com/gogreen.

Editorial Note: Bottomline will be exhibiting in booth #C106 at Sibos, Oct. 25-29, 2010 in Amsterdam. For more information or to arrange an on-site meeting, please contact Heather Bridges at hbridges@bottomline.com, or visit www.bottomline.com/sibos2010.

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. organisations trust these solutions to meet their needs for cost reduction, competitive differentiation and optimisation 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
.

Media Contacts:

US: Alana Burns
603-501-6601
aburns@bottomline.com

UK:
Nadine Ter Meulen
0118-982-2342
ntermeulen@bottomline.com

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