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Bottomline Appoints Managing Director for Banking in Europe


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© Business Wire 2008
2008-10-02 09:04:00 -

www.bottomline.com - Bottomline Technologies Billy Balfour, 603-501-5219 bbalfour@bottomline.com Bottomline Technologies (NASDAQ: EPAY), a leading provider of collaborative payment, invoice and document automation solutions, today at EuroFinance's 17th Annual Conference on International Cash and Treasury Management announced that Chris Peck has been named Managing Director of the company's banking team for Europe, the Middle East and Africa.

For banks, delivering greater strategic value to corporate clients requires a transition away from long-standing, siloed approaches to cash management products and services. Offering a single, integrated platform for originating and managing transaction and information reporting activity, Bottomline's award-winning WebSeries(R) Global Cash Management Platform delivers the security, reliability and scalability large financial institutions require to retain key clients and bring to market the

types of products they require to address emerging market opportunities.

Mr. Peck, who has served as a member of Bottomline's senior leadership team in Europe since 2000, has worked closely with large corporations, including many FTSE and Fortune 100 accounts, to help guide their treasury and cross-border payments strategies. As managing director of Bottomline's banking team in Europe, Mr. Peck will play an important role in helping the company to serve growing demand for its banking products and services in the region.

"What differentiates Bottomline is our unique ability to be a partner to the world's largest banks, and through a combination of our product capabilities, on-staff experts and proven planning and implementation processes, help them achieve their strategic objectives for payments and cash management," said Rob Eberle, President and CEO, Bottomline Technologies. "As our presence in Europe continues to grow, Chris' leadership and knowledge of this important market will be instrumental in enabling us to support our banking and financial services customers and prospects across the region."

Editorial Note: Bottomline will be exhibiting in booth L39 at EuroFinance's 17th Annual Conference on International Cash and Treasury Management, October 1-3, 2008 in Barcelona, Spain. To arrange an on-site meeting, please contact Nadine ter Meulen at +44 (0) 787-943-1689.

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 and transactions involving global payments, invoice approval, purchase-to-pay, collections, cash management and document process automation. 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, WebSeries 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 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.

Expanded Global Banking Team Supports Growing Market Demand for
Company's Payments and Cash Management Solution


Author:
Hossam Abdel-Kader
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