Paymetric in Top Quarter of Deloitte’s Technology Fast 500 List

Houston, October 19, 2005 – Paymetric™, Inc., the leading provider of SAP-integrated card payment solutions, has been named to Deloitte & Touche USA LLP’s prestigious Technology Fast 500 List, a ranking of the fastest-growing technology companies in North America. Deloitte, one of the nation’s leading professional services organizations, bases its annual ranking on the percentage revenue growth that technology companies achieved over five years from 2000 to 2004.

“We are delighted that Paymetric has been named the 124th fastest growing technology company in North America,” said Steven Putney, President and CEO of Paymetric. “This ranking demonstrates that Paymetric is delivering payment solutions that create value for buyers and suppliers alike. With a talented employee base that has more than doubled in the past year, more than 30 partnerships and alliances with premiere organizations in the payments and technology industries, the proven ability to execute an aggressive product development strategy, and a rapidly growing customer base that includes scores of blue chip companies, we are fulfilling our mission to become a dominant provider in the electronic payments industry.”

“Sustaining revenue growth of 1,711% over five years is a tremendous achievement,” said Tony Kern, deputy national managing principal of Deloitte’s Technology, Media & Telecommunications industry practice. “Paymetric’s phenomenal growth puts it in select company.”

In addition to ranking on Deloitte’s Technology Fast 500, Paymetric ranked tenth on Deloitte’s Texas Technology Fast 50, a ranking of the 50 fastest growing technology firms in Texas. For more information on Deloitte’s Technology Fast 50 or Technology Fast 500 programs, visit www.fast500.com.

About Paymetric, Inc.
Paymetric, Inc. provides financial supply automation solutions for credit card and payment card transactions, enabling organizations to integrate buying and selling functions into their ERP-enabled business operations. For businesses accepting cards, Paymetric seamlessly integrates card transactions across the enterprise and through financial institutions to enhance cash flow, reduce days outstanding and increase compliance with processors. For organizations with purchasing card programs, Paymetric integrates card activity into the procure-to-pay process for greater expense control, increased financial visibility, and consolidated procurement records. An Austin Ventures portfolio company, Paymetric is an award-winning SAP partner and a certified SAP developer. Additional information can be found on the company’s web site, www.paymetric.com.

About Deloitte
Deloitte refers to one or more of Deloitte Touche Tohmatsu, a Swiss Verein, its member firms and their respective subsidiaries and affiliates. As a Swiss Verein (association), neither Deloitte Touche Tohmatsu nor any of its member firms has any liability for each other’s acts or omissions. Each of the member firms is a separate and independent legal entity operating under the names “Deloitte”, “Deloitte & Touche”, “Deloitte Touche Tohmatsu” or other related names. Services are provided by the member firms or their subsidiaries or affiliates and not by the Deloitte Touche Tohmatsu Verein.
Deloitte & Touche USA LLP is the US member firm of Deloitte Touche Tohmatsu. In the US, services are provided by the subsidiaries of Deloitte & Touche USA LLP (Deloitte & Touche LLP, Deloitte Consulting LLP, Deloitte Financial Advisory Services LLP, Deloitte Tax LLP and their subsidiaries), and not by Deloitte & Touche USA LLP.


Contact
Wayne Wilson, (713) 895-2007, wwilson@paymetric.com