Ty Miller Named to Board of Directors of Paymetric, Inc.

Houston, September 7, 2004 – Paymetric, Inc. announced today that Tyree B. Miller has been named to the company’s Board of Directors. Miller brings 28 years of financial services experience and a wealth of commercial banking knowledge to the Paymetric board.

“Ty’s background, relationships, and years of banking leadership are valuable assets that will further solidify Paymetric’s strong industry position,” said Steve Putney, President & CEO. “His wisdom and industry prominence will help Paymetric leverage and capitalize on its history of success providing commercial payment processing solutions.”

Prior to joining Paymetric, Mr. Miller was at Bank One, serving as President and CEO of the Global Treasury Services (GTS) business unit until the merger with JPMorgan Chase in the summer of 2004. He reported directly to CEO Jamie Dimon and served on the Planning Group, Bank One’s 13-member executive management committee.

GTS provides a comprehensive range of treasury management products and services to businesses across the globe, including payments and transaction processing, trade transactions and working capital optimization.

Previous Bank One responsibilities included President & CEO of Bank One Dallas, Managing Director of Commercial Banking and head of all Commercial Banking products and staff functions, and Chairman & CEO of Bank One, Texas NA.

Miller also served as a director of Anexsys LLC an electronic payments company, PaymenTech LLC a leading merchant processing and electronic payments company, and Visa USA. He was an alternate director and on the Executive Committee of The New York Clearing House. He currently serves on the board of The Cox School of Business at SMU where he was named a Distinguished Alumnus in 2003.

About Paymetric, Inc.
"Paymetric solutions help transform our customers’ payment processing into an enabling part of their business strategy. By integrating payment card workflows with their native SAP sales, procurement, and accounting operations, our customers are able to reduce their cost structure, mitigate financial risk, improve cash flow, and expand revenue opportunities," commented Steve Putney, President and CEO of Paymetric. “But the factor that has created such powerful customer loyalty is absolute commitment to our customers’ success. We know that each customer contract marks the point at which we have only begun to earn their business.”

Contact
www.paymetric.com, info@paymetric.com, (713) 895-2000