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PAYMETRIC INC. ANNOUNCES REFERRAL PARTNERSHIP WITH OPTIMAL SOLUTIONS

Collaboration Makes Leading Payment Card Processing and Secure Tokenization Solutions Available to Optimal Solutions’ Customers

Atlanta, GA  February 7, 2011 – Paymetric, Inc., the leading provider of integrated and secure payment acceptance solutions, announced today that it has entered into a referral partnership with Optimal Solutions Integration, Inc., a leader in SAP®-based business transformation.  Under the agreement, Optimal Solutions will actively promote Paymetric’s solutions to the company’s mid-sized customers. 

Paymetric will provide industry leading enterprise payment processing and secure tokenization solutions for Optimal Solutions’ impressive client portfolio.  The partnership will provide new sales opportunities for Paymetric and will provide Optimal Solutions with an enhanced service offering and additional revenue. 

“We are excited about the strategic alliance we have formed with Optimal Solutions and applaud them for being a thought leader and proactively providing a way for their clients to overcome their payment processing pain,” said Larry Wine, president and CEO, Paymetric, Inc.  

Paymetric’s XiPay™ On-Demand and XiSecure™ On-Demand solutions enable companies to securely manage, accept and integrate virtually every type of electronic payment originating from any enterprise system. Both solutions operate in an extremely secure, cost-effective way, utilizing Software-as-a-Service (SaaS) delivery and tokenization technology, respectively.  Ultimately, Paymetric’s solutions lower the customers’ total cost of ownership (TCO) via:

·         Inclusive monthly service fee, reduced installation costs

·         Reduced billing, collection, administrative, customer attrition and IT costs

·         Reduced interchange fees

·         Minimized cost of compliance

·         Reduced threat of a data security breach

 “Consolidated financials and fast, seamless, end-to-end payment processing is vital to rapidly growing midsize companies,” Said Elliott Garofalo, SVP SME Practice for Optimal Solutions Integration, Inc.  “The robust financial management functionalities of FinanceOne, Optimal’s turnkey SAP Business All-in-One solution for managing all facets of financial operations, coupled with Paymetric’s proven, SAP-certified payment processing and secure tokenization solutions, provide midsize companies a complete, integrated financial management and processing system that addresses all immediate needs while laying a foundation for growth.

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About Paymetric

Paymetric is the leading provider of integrated and secure enterprise payment acceptance solutions that enable companies to streamline the order-to-cash process, reduce the scope and financial burden of achieving PCI compliance and improve return on electronic payment acceptance. Paymetric’s solutions support virtually every type of electronic payment in any enterprise system where payment is accepted. Paymetric is recognized as an industry leader and is a three-time award-winning SAP certified partner. For additional information visit www.paymetric.com, follow us on twitter at twitter.com/Paymetric or visit our Facebook page at www.Facebook.com/Paymetric.

About Optimal Solutions Integration

Optimal Solutions Integration is a new breed of consulting firm dedicated to driving business transformation for companies and public sector organizations of all sizes. As an award-winning SAP services partner, Optimal provides a comprehensive offering of SAP solutions and services, a proven methodology for accelerated delivery of SAP solutions, deep industry expertise, and a flexible onsite/offshore delivery model that accommodates the reality of business today. Optimal specializes in helping companies maximize ROI on their SAP applications by planning, deploying and maintaining world-class solutions in a time frame they require, and at a cost they demand. For more information about Optimal Solutions Integration, visit, www.optimalsol.com.