Bottomline Technologies Ranked Best in Class by Global Finance Magazine
For Third Consecutive Year, Company Receives Top Honor for Accounts Payable Services

PORTSMOUTH, NH – January 30, 2007 – Bottomline Technologies (NASDAQ: EPAY), a leading provider of collaborative payment and invoice automation solutions, today announced it has received a top ranking in Global Finance magazine’s Best Treasury and Cash Management Banks and Providers for 2007. This marks the third consecutive year in which Bottomline has received the top honor in the Best Accounts Payable Services category.

Bottomline’s accounts payable automation solutions combine software for electronic workflow and payment with fully outsourced services for invoice data capture. Through the use of Bottomline’s solutions, organizations can immediately accelerate the approval of all invoices, gain increased visibility into operational spend and working capital, and more efficiently initiate and control payments. Banks can also leverage these solutions to offer new, value-added services for trade financing to corporate clients as they seek to strengthen their position within the financial supply chain.

Also recognized as part of Global Finance’s 2007 rankings were a number of financial organizations that rely on Bottomline’s technology for various aspects of their treasury and cash management services, including HSBC, Deutsche Bank, Citigroup and JPMorgan Chase.

“Corporate finance departments and banks leveraging our AP automation solutions are discovering that the benefits of accelerating invoice approvals stretch beyond cost reduction and into larger business benefits such as optimized working capital,” said Rob Eberle, President and CEO of Bottomline Technologies. “Being recognized with this top award for the third consecutive year shows the breadth of our capabilities and expertise as well as our ability to deliver value to our customers’ financial operations.”

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