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Bottomline Technologies Forum Draws Top Bank and Corporate Treasury Executives

Strategies for Increasing Financial Process Efficiency Highlights Three-Day Agenda

PORTSMOUTH, NH – March 08, 2006 – Bottomline Technologies (NASDAQ: EPAY), a leading provider of payments and invoice automation software and services, today concludes its annual Executive Forum & Customer Summit. This year's event brought together senior-level bank and corporate treasury executives from approximately 20 of the nation's leading banks, financial services organizations and corporations to discuss the strategic elements shaping the relationship between banks and corporate customers in the transitioning global payments landscape.

Fueled by the expansion of business on a global scale and broader adoption of electronic payments, the dynamic between banks and their corporate customers is rapidly evolving. Bottomline's Executive Forum provided an intimate setting for senior executives to exchange ideas and discuss how banks can best provide a technology and services-related offering capable of addressing the evolving needs of corporate banking customers.

Among the topics discussed between participants at this week's conference were how corporations can leverage emerging payments channels such as SWIFT for straight through processing; and how banks can optimize IT resources to support custom-tailored payments initiatives, while ensuring process efficiency and profits.

"For corporate banking customers, competence and understanding of the new payments landscape can make or break a relationship," said Jeanne Capachin, Vice President at Financial Insights and one of the Forum's featured speakers. "In order to maintain, and ultimately expand market leadership, financial organizations need to be more proactive with regard to customer relationships and embrace strategies that satisfy the emerging payments and risk management demands of their customers."

Also participating was a senior Oracle executive who addressed the need for banks to pursue an enterprise payments strategy. In light of a growing shift in competitive focus from products to customers, this informative session offered attendees a roadmap for transitioning legacy systems to an integrated payments environment.

During the three-day event, which featured a series of roundtable discussions and best practice presentations, Bottomline customers such as Fifth Third Bancorp and PMA Capital Corporation shared with attendees their insights and experiences into how technology can be a factor in managing regulatory compliance and payments.

"Through our Executive Forum, we're able to create an environment where our customers can gather and openly discuss with their peers ideas that will help shape the scope of treasury functions in the future," said Joe Mullen, CEO of Bottomline Technologies. "For us, working closely with those who are redefining the relationship between banks and corporate clients strengthens our ability to meet their needs and those of their customers."

To learn more about the role of technology in the changing dynamic between banks and corporate clients, please visit Bottomline's new corporate Web site at www.bottomline.com to download a free copy of Financial Insights' white paper, Corporate Banking: What's Your Strategy?

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