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Bottomline Technologies Named to Software Magazine’s Annual ‘Software 500’ for 2007
Leader in Payments and Invoice Automation Solutions Ranks Among the World’s Largest Software Companies for Fifth Consecutive Year

PORTSMOUTH, NH – December 18, 2007 – Bottomline Technologies (NASDAQ: EPAY), a leading provider of collaborative payment and invoice automation solutions, today announced that it has been named for the fifth consecutive year to Software Magazine’s annual Software 500 list.

Software 500 is a revenue-based ranking of the world’s largest software and services organizations, based on total annual software, services and maintenance revenue. Bottomline moved up on this year’s list to number 200 with revenues increasing 16% to $118.3 million for the company’s 2007 fiscal year ended June 30, 2007.

“Bottomline’s increasing rank demonstrates strong growth in the software and services industry with regard to financial applications in particular, which was one of the top four business sectors showing the most revenue momentum on our list between 2006 and 2007,” said John Desmond, Editor of Software Magazine. “In the face of globalization, ongoing regulatory concerns and the transition from paper to electronic financial processes, we anticipate that demand for electronic payments and invoice processing among corporations, banks and other financial institutions will remain strong for years to come.”

Today Bottomline’s solutions for global payments, electronic invoice processing, cash management and financial document automation are used by more than 9,000 customers worldwide, including 65 of the Fortune 100, 15 of the top 25 global banks, a growing number of the nation’s top property and casualty insurers, and other leading financial services firms.

“We’re very pleased to be recognized by Software Magazine again this year,” said Rob Eberle, President and CEO of Bottomline Technologies. “This ranking, on a broader basis, reflects the business value that our customers derive from Bottomline’s software and services.”

About Bottomline Technologies
Bottomline Technologies (NASDAQ: EPAY) provides cloud-based payment, invoice and digital banking 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 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 Technologies 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 2007, Form 10-Q filed November 2007 and any recently filed Form 8K's. 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.

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

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