Bottomline Technologies Wins Big in Aite Group’s 2016 Cash Management Vendor Evaluation

Company takes 4 out of 8 awards


PORTSMOUTH, N.H., May 31, 2016 (GLOBE NEWSWIRE) -- Bottomline Technologies (NASDAQ:EPAY), a leading provider of cloud-based payment, invoice and digital banking solutions, is pleased to announce that they have won four out of eight awards in Aite Group’s 2016 Cash Management Vendor Evaluation. The study, which profiles and compares the offerings and strategies of leading cash management vendors in the U.S., awards those vendors who stand out among their peers. Bottomline was a recipient of four of the eight awards: Best User Experience, Best Small Business Capabilities, Best Partner and Most Open Architecture.

According to the report, which was compiled in part by feedback from customers, “Bottomline has made a number of good moves over the last several years to establish itself as a very strong player in the cash management vendor market.”

“It’s a tremendous honor to have been considered by Aite in this evaluation,” said Norm Deluca, Bottomline’s Managing Director of Digital Banking. “We’re particularly proud of the categories we’ve won because they speak to the core of Bottomline’s guiding principles. Delighting the customer is what we are always striving for. These awards are a great validation that our efforts to help our customers innovate, win and grow have been successful.”

About Aite Group 
Aite Group is a global research and advisory firm delivering comprehensive, actionable advice on business, technology, and regulatory issues and their impact on the financial services industry. With expertise in banking, payments, insurance, wealth management, and the capital markets, we guide financial institutions, technology providers, and consulting firms worldwide. We partner with our clients, revealing their blind spots and delivering insights to make their businesses smarter and stronger. Visit us on the web and connect with us on Twitter and LinkedIn.

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.


            

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