Spread one slice of bread with the jam and one slice with the cream cheese and sandwich the slices. Butter the outside of the sandwich on both sides.
Put the sandwich in the panini press and close the lid (do not press on the panini maker or the filling will leak out). Cook according to the panini maker instructions until the bread is lightly browned and crispy. Let cool for 3 to 4 minutes, then slice into sticks and serve.