Bottomline Technologies Announces Licensing Agreement with Oracle; Companies Strengthen Global Technology and Marketing Partnership

Business Wire, July 12, 2005

PORTSMOUTH, N.H. -- Bottomline Technologies (NASDAQ: EPAY), a leading provider of payments and invoice automation software and services, today announced the company has signed an embedded software license distribution agreement with Oracle.

Under the terms of the agreement, Bottomline has broadened its relationship with Oracle to include OEM and reseller opportunities. The company is embedding Oracle(R) Database 10g in current versions of its payments automation products. This licensing agreement creates new market opportunities for Bottomline to provide its industry leading products to organizations seeking to benefit from the performance, security and reliability of Oracle Database 10g and reduce their total cost of ownership.

"Organizations today are actively looking for applications that can help drive productivity and profitability across their financial operations," said Doug Kennedy, vice president, Worldwide Alliances and Channels, Oracle. "As our relationship with Bottomline continues to expand, we look forward to extending the benefits of payments and invoice automation solutions built on Oracle Database 10g to our joint customers worldwide."

Bottomline was upgraded to Certified Partner status in the Oracle PartnerNetwork in December 2004. This partnership allows users to extend their existing ERP investments by leveraging Bottomline's products to more effectively facilitate the capture, workflow, transaction and communication of core financial processes. Bottomline's solutions have been validated for use with Oracle Database 10g.

"Bottomline is committed to helping its customers around the world to make the most of their IT investments," said Joe Mullen, CEO of Bottomline Technologies. "We recognize the growing demand in the marketplace for Oracle's products and are pleased to be able to offer electronic payment and collection solutions that enhance the functionality and capabilities of Oracle applications."

About Oracle PartnerNetwork

Oracle PartnerNetwork is a global business network of 15,000 companies who deliver innovative enterprise software solutions based on Oracle software. Through access to Oracle's premier products, education, technical services, marketing and sales support, the Oracle PartnerNetwork program provides partners with the resources they need to be successful in today's global economy. Oracle partners are able to offer customers' leading-edge solutions backed by Oracle's position as the world's largest enterprise software company. Partners who are able to demonstrate superior product knowledge, technical expertise and a commitment to doing business with Oracle can qualify for the Oracle Certified Partner levels. http://oraclepartnernetwork.oracle.com

About Bottomline Technologies

Bottomline Technologies (NASDAQ: EPAY) is a leading provider of payments and invoice automation software and services. Bottomline maintains its corporate headquarters in Portsmouth, NH, and international headquarters in Reading, England. For more information, visit Bottomline on the Web at www.bottomline.com, or dial (800) 243-2528 or (603) 436-0700.

Bottomline Technologies and the BT logo are registered trademarks of Bottomline Technologies, Inc. which may be registered in certain jurisdictions. All other brand/product names are trademarks of their respective holders. Oracle, JD Edwards, PeopleSoft, and Retek are registered trademarks of Oracle Corporation and/or its affiliates.

Cautionary Language

This press release may contain forward-looking statements that involve risks and uncertainties, including statements regarding expected benefits of use of the Company's products and future growth or results. Among the important factors which could cause actual results to differ materially from those in the 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 10K filed September 2004, Form 10Q filed May 2005 and any recently filed Form 8K's.