Paymetric Announces New CFO

HOUSTON, March 22, 2007 – Paymetric, a provider of innovative payment card software solutions, is pleased to announce that Debra South has joined the company as Chief Financial Officer.

“Debra South brings a wealth of accounting and financial expertise to Paymetric,” commented Ty Miller, Paymetric chairman and CEO. “Her years of experience and proven leadership will be important advantages as Paymetric continues to experience rapid growth and build on its strong position in the payment industry. South will be a tremendous asset to our executive management team.”

Prior to joining Paymetric, South was vice president of finance and administration for LogicaCMG and led an initiative to save the company over four million dollars annually in facilities and operating costs during the corporate services transition from Boston to Houston. She has also worked for STS, Worksuite, Igloo Products and KPMG Peat Marwick. At KPMG, South was responsible for the preparation and audit of SEC filings for Casa Ole Restaurants’ initial public offering.

South has over 16 years of experience in accounting and has worked in the software industry for the past eight years. She has a CPA and received her Bachelors Degree in Accounting from Texas A&M University.

About Paymetric, Inc.
Paymetric, Inc. provides software applications that manage and protect payment card transactions in complex payment environments enabling companies to improve return on card acceptance, expand purchasing card programs and comply with data security standards. Paymetric is an Austin Ventures portfolio company, an award-winning SAP Software Partner and an SAP Pinnacle award recipient. Visit www.paymetric.com for additional information.

Contact
Tim Girgenti, VP Marketing, 713.895.2000, tgirgenti@paymetric.com