Harvard University Accounts Payable Selects Bottomline's PayBase E-Pay System.

Business/Technology Editors

PORTSMOUTH, N.H.--(BUSINESS WIRE)--Feb. 8, 2000

Bottomline Technologies Premier Electronic Payment Software to Manage

All Harvard Employee T& Reimbursements and Vendor Payments

Bottomline Technologies(R) (NASDAQ:EPAY), the premier provider of Web-enabled billing, payment, and electronic banking solutions, today announced that Harvard University Accounts Payable has implemented PayBase - Electronically Sent Payments (ESP), LaserCheck(R), and Check Fraud Avoidance (CFA). The PayBase package transmits electronic expense reimbursement payments for approximately 80% of Harvard's employees. The university has also launched PayBase for over 500,000-invoiced vendor payments.

Harvard University Accounts Payable, a longtime user of the PayBase system, selected Bottomline as the vendor of choice because of the company's track record and robust product line. Bill Hoyt, director of procurement, Harvard University explained, &uot;Our experience with Bottomline Technologies has always been positive - both from customer service and product functionality standpoints. We've been pleased with the LaserCheck system, and we were confident that the electronic payments package would deliver the level of power and sophistication we were seeking. Bottomline was the natural choice for us.&uot;

&uot;Harvard University Accounts Payable is a perfect candidate for our PayBase suite, as they needed a quick, efficient disbursement cycle and a system that could seamlessly progress from paper to electronic payments,&uot; remarked Dan McGurl, president and CEO of Bottomline Technologies. &uot;Our electronic payments package transitions the organization away from costly, time consuming paper-based payroll methods, and creates a direct electronic pathway between the university and their staff. PayBase provides a secure, centralized environment in which to deploy their electronic vendor payments as well.&uot;

Automated Employee Expense Reimbursements

The integration of Bottomline's PayBase Electronic Payments suite and Concur Technologies' Xpense Management Solution (XMS) provides a fully automated expense reporting, approval, auditing, and payment system. For staff reimbursements, PayBase interfaces directly with Concur's XMS package and for most of the university's 75,000 T& disbursements, produces a direct deposit electronic payment. Bottomline's LaserCheck system also interfaces directly with XMS and prints checks for the remaining staff. To help protect against check fraud, PayBase - CFA also transmits a check issue file to the bank's Positive Pay anti-fraud system.

Paperless American Express Disbursements

With PayBase installed, the Harvard Accounts Payable staff can click a single &uot;button&uot; and the payment file, taken directly from the Concur system, is automatically reformatted and translated to the bank's specification. This translation capability is a unique PayBase functionality and key to the process. Once translated, the bank is able to &uot;read&uot; and process this Financial EDI payment file, enabling Harvard Accounts Payable to consolidate multiple invoices with same-day due dates for one vendor (such as American Express) into a single payment. Bottomline creates an EDI transaction for AMEX (ANSI 820) that they use to update their accounts receivable system.

The Harvard University expense reporting system operates on the Web using the Microsoft Windows NT computing platform. They utilize Microsoft Internet Information Server for the XMS and PayBase applications, which support 12,000 users. Harvard's Financial Administration utilizes Oracle Financials to support accounting and accounts payable processes. The Bottomline - Oracle A/P system also supports approximately 12,000 users networked via Web connections to the University's Sun Server.

About Harvard University

Harvard University, which celebrated its 350th anniversary in 1986, is the oldest institution of higher learning in the United States. Founded 16 years after the arrival of the Pilgrims at Plymouth, Harvard has grown from 9 students with a single master to an enrollment of more than 18,000 degree candidates, including undergraduates, and students in 10 graduate and professional schools. Over 14,000 people work at the University, including more than 2,000 faculty. There are more than 7,000 faculty appointments in affiliated teaching hospitals. Six presidents of the United States - John Adams, John Quincy Adams, Theodore and Franklin Delano Roosevelt, Rutherford B. Hayes, and John Fitzgerald Kennedy - were graduates of the University. Their faculties have produced 34 Nobel Laureates.

About Bottomline Technologies

Bottomline Technologies(R) (NASDAQ: EPAY) is the leading provider of Web-enabled billing, payment, and electronic banking solutions for the business-to-business market. Bottomline's three integrated eBusiness offerings enable corporations and financial institutions worldwide to automate, control and integrate all money movement. PayBase(R) provides a pathway from traditional paper checks to electronic payments. NetTransact, the Company's business-to-business bill presentment and payment suite, enables enterprise billers and their trading partners to electronically present, adjudicate, and pay bills on-line. Bottomline's ICM division is a leading developer of web-enabled electronic banking and treasury management solutions. Today, Bottomline's offerings are utilized by over 2,500 organizations representing every major industry sector. Founded in 1989, Bottomline maintains its headquarters in Portsmouth, NH and has satellite offices located in most major cities. For more information, dial [phone] or visit Bottomline on the web at www.bottomline.com.

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 the Company's financial results, refer to the Company's Form 10-K filed February 1999.