28.03.2007 13:56:00

Bottomline Technologies Forms Strategic Partnership with Infosys BPO

Bottomline Technologies (NASDAQ: EPAY), a leading provider of collaborative payment and invoice automation solutions, today announced that Infosys BPO, the business process outsourcing (BPO) subsidiary of Infosys Technologies, will integrate Bottomline’s capabilities for invoice automation into its outsourced services offering for global corporate clients. In many financial process outsourcing initiatives, technology has quickly emerged as a key differentiator, particularly as the global BPO market becomes more competitive. With industry estimates indicating that more than 90 percent of finance-oriented outsourcing contracts seek to include the accounts payable function, the ability to expand capabilities in this area is critical for outsourcing providers. Choosing to deploy Bottomline’s invoice management software capabilities through this partnership will enable Infosys BPO to bring to market an easy to deploy, cost-effective alternative to manual, in-house invoice processing for its clients. "The selection of Bottomline by one of the world’s largest BPO providers further confirms our strategy of extending our payment capabilities into a full accounts payable automation suite,” said Rob Eberle, President and CEO of Bottomline Technologies. "This partnership allows us to address outsourcing demand and establish a new channel for the delivery of our solutions. We’re excited by the opportunity to work with Infosys BPO, supplying technologies which can help solve the invoice processing challenges of their clients.” Bottomline’s approach to invoice automation, which combines software for electronic workflow and payment with fully outsourced services for invoice data capture, enables organizations to immediately realize the benefits of electronic invoicing by accepting both electronic and paper invoices. With all invoices represented as electronic data files, users are not only able to accelerate invoice approval but gain new levels of insight into departmental spend and the overall efficiency of working capital. "In order to drive maximum benefit for our clients, we partner to provide best-of-breed technology solutions from companies such as Bottomline,” said Amitabh Chaudhry, CEO & MD, Infosys BPO. "Accounts payable represents a non-core, labor-intensive process prime for outsourcing. Through our partnership with Bottomline, we believe we have found the right mix of expertise and product capabilities to deliver a best-in-class approach to transforming this business function.” About Infosys BPO Ltd. Infosys BPO Ltd (www.infosys.com/bpo), the business process outsourcing subsidiary of Infosys Technologies, was set up in 2002. Today, it is ranked among the leading BPO companies in India by NASSCOM, Dataquest, the International Association of Outsourcing Professionals, Red Herring, and others. Infosys BPO focuses on integrated end-to-end outsourcing and delivers transformational benefits to its clients through reduced costs, ongoing productivity improvements, and process reengineering. Infosys BPO operates in India, the Czech Republic, China, and Philippines (through a partner), and employs about 10,000 people. It closed FY 2005-06 with revenues of $85.5 million. About Bottomline Technologies Bottomline Technologies (NASDAQ: EPAY) provides collaborative payment and invoice 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 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 2006, Form 10-Q filed February 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.

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