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PORTSMOUTH, N.H. & LONDON--([ BUSINESS WIRE ])--Bottomline Technologies (NASDAQ: EPAY), a leading provider of cloud-based payment, invoice and banking solutions, today announced that ITV, the largest commercial television network in the UK, has successfully implemented Bottomlineas SWIFT Access Service to improve its cash reporting and integrated end-to-end treasury processes. The service has enabled ITV to increase levels of treasury automation, improve efficiency and lower operational risk.

Bottomlineas SWIFT Access Service offers connectivity to the SWIFT network, helping corporations and financial institutions to streamline their payments processes and achieve lower costs, improve straight-through processing, tighten security and lessen operational risk in their cash management strategy. As a subscription and transaction-based Software as a Service (SaaS) solution, the platform enables rapid implementation and return on investment without requiring the customer to host software, develop costly internal infrastructure or hire internal SWIFT experts.

aThe treasury project has enabled us to automate time consuming manual processes such as accounting and reconciliation and free up our resources to focus on resolving exceptions. By adding SWIFT connectivity to our Treasury Management System we have benefited from greater operational efficiency and lower levels of risk. It has allowed us to develop and roll out better treasury controls whilst improving the ease and convenience with which we make our paymentsa, explains Karen Fagan, Treasury Back Office Manager, ITV Plc.

Nigel Savory, Managing Director, Europe at Bottomline Technologies said, aA growing number of corporates are adopting a cloud-based approach to connecting with the SWIFT network via our SWIFT Access Service. This delivers the benefits of secure and resilient access to multiple bank relationships, with faster implementation, lower costs and in-house IT resource, while structuring transaction fees and subscriptions on a recurring basis. We are delighted to be working with ITV and look forward to supporting them on this platform for many years to come.a

About Bottomline Technologies

Bottomline Technologies (NASDAQ: EPAY) provides cloud-based payment, invoice and banking 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 Bottomline 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 Technologiesand the BT logo are trademarks of Bottomline Technologies (de), 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. Any statements that are not statements of historical fact (including statements containing the words awilla, abelieves,a aplans,a aanticipates,a aexpects,a alook forwarda, aestimatesa and similar expressions) should be considered to be forward-looking statements.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-Qas and Form 8-Kas 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.