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Bottomline Technologies Adds New Legal Spend Management Customers

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  Published in Science and Technology on Wednesday, October 26th 2011 at 7:21 GMT by Market Wire
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PORTSMOUTH, N.H.--([ BUSINESS WIRE ])--Bottomline Technologies (NASDAQ: EPAY), a leading provider of collaborative payment, invoice and document automation solutions, today announced it has added several new customers to its legal spend management platform. Eight leading organizations have recently selected Bottomlineas technology to help control litigation costs and more effectively manage outside legal spend. Additionally, several key customers have expanded their use of Bottomlineas solutions as their need for increased visibility into their legal spend has grown.

"Companies with significant claims litigation expenses continue to look for ways to better understand the cost drivers so they can proactively reduce their legal spend"

aCompanies with significant claims litigation expenses continue to look for ways to better understand the cost drivers so they can proactively reduce their legal spend,a said John Kelly, General Manager, Legal Solutions. aClients want an experienced partner who can provide guidance on best practices and proven strategies to manage expenses while improving case outcomes. We welcome our new customers to Bottomline and are dedicated to their success.a

Supported by a network of more than 11,000 law firms, Bottomlineas [ legal spend management solutions ] help many of the nationas leading property and casualty insurers to bill, budget and report on their outside legal spend. Highly customizable, these solutions complement customersa existing business processes and information systems, and include powerful reporting that provides insight into real-time claims and billing data, increasing control over legal spend and improving litigation management processes. The result is greater efficiency, faster decision-making and more successful case outcomes.

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 companyas 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 Bottomline Technologies logo are trademarks of Bottomline Technologies (de), Inc. which may be registered in certain jurisdictions. All other brand/product names may be trademarks of their respective owners.

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 for the fiscal year ended June 30, 2011 and any subsequently filed Form 10-Qs, Form 8-Ks or amendments thereto. 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.