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2016-02-18

Bottomline Technologies, Inc.: Bottomline Technologies Awarded Best Technology Initiative of the Year

PORTSMOUTH, N.H., Feb. 18, 2016 (GLOBE NEWSWIRE) -- Bottomline Technologies
(NASDAQ:EPAY), a leading provider of cloud-based payment, invoice, and
digital banking solutions, is delighted to have won the award for Best
Technology Initiative of the Year, as recognized by The Card and Payment
Awards 2016.

This most prestigious award ceremony recognizes excellence and innovation in
the UK and Irish card and payments industry. Judged by an independent panel
of industry experts, Bottomline was selected from initial submissions and
shortlisted against six influential and dominant contenders to achieve this
impressive award.

The Best Technology Initiative award recognized Bottomline Technologies Agency
Services as a solution that delivers innovation in payments. Specifically,
the judges were looking for a winner that could demonstrate and measure the
use of technology as an enabler for business and customer advantage.

Using existing bank payment channels, Bottomline's Agency Services solution
enables Agency Banks and card programs to offer a new set of payment rails
and improved flexibility in how funds are transferred to and from card
accounts. Previously excluded from offering payment types such as Direct
Debits and Faster Payments, the global prepaid market now benefits from being
able to deliver 'Banking Lite' functionality to their customers.

"It is exciting to see such innovation in this space," comments Michael Harty
Managing Director of The Card and Payments Awards. "Bottomline's submission
was impressive and persuasively won across the judging panel as a prop that
is truly changing the industry."

"We are delighted that our technology has been recognized as an enabler to the
prepaid market," said Nigel Savory, Managing Director, Bottomline
Technologies Global Business Solutions. "Agency Services gives program
providers the ability to deliver the same functional benefits as traditional
bank accounts, presenting significant advantages for both program providers
and end-users."

About Bottomline Technologies

Bottomline Technologies (NASDAQ:EPAY) powers mission-critical business
transactions. We help our customers optimize financially-oriented operations
and build deeper customer and partner relationships by providing a trusted
and easy-to-use set of cloud-based digital banking, fraud prevention,
payment, financial document, insurance and healthcare solutions. Over 10,000
corporations, financial institutions and banks benefit from Bottomline
solutions. 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, Inc. which may be registered in certain
jurisdictions. All other brand/product names may be trademarks of their
respective owners.

This press release may contain "forward-looking statements" within the meaning
of the Private Securities Litigation Reform Act of 1995, including statements
reflecting our expectations about our ability to execute on our growth plans.
Any statements that are not statements of historical fact (including but not
limited to statements containing the words "believes", "plans",
"anticipates", "expects", "look forward", "confident", "estimates" 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
including, among others, 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' operational and financial results, refer to
our Form 10-K for the fiscal year ended June 30, 2015 and any subsequently
filed Form 10-Qs and 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.
Contact for Media:

Christine Nurnberger
Bottomline Technologies
603.501.6186
cnurnberger@bottomline.com

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This announcement is distributed by NASDAQ OMX Corporate Solutions on behalf of NASDAQ OMX Corporate Solutions clients.
The issuer of this announcement warrants that they are solely responsible for the content, accuracy and originality of the information contained therein.
Source: Bottomline Technologies, Inc. via Globenewswire

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