Bottomline Technologies Named to KMWorld Magazine's List of "100 Companies That Matter in Knowledge Management"

PORTSMOUTH, NH – March 18, 2005 – Bottomline Technologies (NASDAQ: EPAY - News), a leading global technology provider of financial Business Process Management (fBPM) software and managed services, today announced the company has been recognized by KMWorld Magazine as one of the "100 Companies That Matter in Knowledge Management" in 2005. Compiled annually, the list identifies the companies that best exemplify the ideals of true knowledge management.

"The list of 100 Companies That Matter in Knowledge Management was conceived as a way to identify some of the organizations leading the way in the knowledge economy and to encourage a broader discussion of knowledge management," said Hugh McKellar, Editor-in-Chief of KMWorld. "Through its Create!form family of products, Bottomline Technologies is helping organizations realize the business benefits of electronic document output management."

KMWorld's list of the 100 companies is determined through input and research from multiple sources including industry analysts, knowledge management practitioners, theorists and end users. Determining which companies will ultimately be recognized is a year-long process involving the evaluation of more than 1,000 vendors.

"We strive to provide our customers with the solutions necessary to drive fundamental change within their organizations," said Kurt A. Mueffelmann, Vice President and General Manager, Bottomline Technologies. "To be recognized by KMWorld following an intensive selection process that drew upon many resources is validation of the value that Create!form products deliver to the marketplace."

About KMWorld Magazine
The leading information provider serving the Knowledge, Document and Content Management systems market, KMWorld informs more than 50,000 subscribers about the components and processes - and subsequent success stories - that together offer solutions for improving business performance. KMWorld is a publishing unit of Information Today, Inc.

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 that involve risks and uncertainties, including statements regarding expected benefits of use of the Company's products and future growth or results. Among the important factors which could cause actual results to differ materially from those in the 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 10K filed September 2004, Form 10Q filed May 2005 and any recently filed Form 8K's.

Company Contact:
Billy Balfour
Bottomline Technologies
603-501-5219
bbalfour@bottomline.com