The photophysical properties of two bis(benzothiazolylidene)squaraine dyes have been studied in aromatic hydrocarbon and alcoholic solvents. These dyes exhibit fluorescence quantum yields of 0.06-0.52 and excited singlet lifetimes of 0.48-2.5 ns in these solvents. Although the photophysical properties of the dyes are independent of solvent polarity in the hydrocarbon solvents, in alcoholic solvents a marked hyposchromic shift in the absorption and emission spectra and a reduction in lifetimes of excited state have been observed. These effects have been correlated with the hydrogen bond donating ability of the alcoholic solvents.