March 9, 2009

PAYMETRIC, INC. LEASES AUSTIN OFFICE SPACE

AUSTIN—Paymetric, Inc., a leading provider of ePayment integration and security solutions, has leased 3,309 square feet of office space in the American Bank of Commerce Building, located at 610 West 5th Street, for a local office.

Matt Epple with the Austin office of The Weitzman Group handled negotiations for Paymetric in cooperation with Tim Mooney with Live Oak Gottesman. Mike Martine with Martine Properties represented the landlord.

Paymetric, Inc. is the global leader in integrated and secure ePayment processing for ERP systems. Paymetric combines proven expertise in ERP payment workflow and security with powerful ePayment processing services to dramatically reduce the total cost of payment acceptance, transform and streamline enterprise payment processes, and substantially reduce the burden of PCI compliance and data security.  Paymetric is an Austin Ventures portfolio company and an award-winning SAP software partner. The company’s web site is www.paymetric.com.