Bottomline Technologies Named to Software Magazine’s 26th Annual ‘Software 500’

PORTSMOUTH, NH – December 04, 2008 – Bottomline Technologies (NASDAQ: EPAY), a leading provider of collaborative payment, invoice and document automation solutions, today announced that the company has been named to the 2008 Software 500, Software Magazine’s annual ranking of the world’s largest software companies.

“We’re pleased to be a part of the Software 500. Demand for our solutions is growing around the globe as corporations and financial institutions continue to place an emphasis on the adoption of electronic-based payment and transactional processes,” said Rob Eberle, President and CEO of Bottomline Technologies. “This recognition by Software Magazine speaks directly to the breadth of our product capabilities, talented employees and ability to deliver value to customers on a worldwide basis.”

Bottomline’s award-winning solutions for payments, global cash management, electronic invoice processing and document process automation are deployed around the world by leading banks, corporations and financial institutions, including 80 of the Fortune 100 and 70 of the FTSE (Financial Times) 100 organizations. For the company’s fiscal year 2008, which ended June 30, 2008, revenues were $131.2 million.

Compiled by Software Magazine, the Software 500 is a revenue-based ranking of the world’s largest software and services companies based on total annual software, services and maintenance revenue.

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 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 2008, Form 10-Q filed November 2008 and any recently filed Form 8-Ks. 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:
Billy Balfour
Bottomline Technologies
603-501-5219
bbalfour@bottomline.com