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Press Releases

Paymetric Employees Support Katrina Victims With Cash and Food Donations to American Red Cross, Houston Food Bank


Houston, September 2, 2005
–Paymetric, Inc., today announced that the Company and its employees are donating $14,000 to the American Red Cross for Hurricane Katrina disaster relief. The funds were raised through an initial corporate commitment, plus a one-for-one contribution matching program initiated by Paymetric to encourage employee participation. Additionally, the company collected numerous non-perishable food and personal hygiene items, which are being delivered to the Houston Food Bank today.

”Paymetric’s employees have reached into their hearts and pockets to help the victims of Katrina,” said Steven Putney, President and CEO of Paymetric. “We want the victims of this tragic storm – many of whom are finding refuge in our headquarters city of Houston – that the people of Paymetric are with you.”


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.

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


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