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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 that Financial-i magazine has recognized the companyas electronic invoicing solution in its annual Leaders in Innovation Awards as 2011as most innovative e-invoicing product. Bottomline was selected by the publicationas award advisory panel, which includes industry consultants, practitioners and analysts from Tower Group, Celent and other firms.

"We have a proven track record of delivering award-winning products and services that help our customers solve their specific business challenges and achieve market leadership."

Electronic invoicing provides an opportunity for banks, their customers and technology providers to collaborate, automate paper-intensive processes and reduce costs. By leveraging industry standards such as SWIFT, organizations can create cross-border e-invoicing solutions that facilitate global business, improve working capital optimization and increase visibility into the financial supply chain.

aThis recognition further validates Bottomlineas leadership in product innovation,a said Rob Eberle, Bottomlineas President and CEO. aWe have a proven track record of delivering award-winning products and services that help our customers solve their specific business challenges and achieve market leadership.a

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.