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Paymetric Inc. Named a TAG Top 40 Innovative Technology Company

“Top 40” recognizes companies for contributions to Georgia technology community

ATLANTA (March 17, 2011) – The Technology Association of Georgia (TAG), the state’s leading association dedicated to the promotion and economic advancement of Georgia’s technology industry, today announced Paymetric, Inc. as one of its  Top 40 Innovative Technology Companies in Georgia. TAG will recognize this prestigious group at the 2011 Georgia Technology Summit (GTS) on March 23, 2011, at the Cobb Galleria.

TAG’S Top 40 Awards recognize Georgia-based companies for their innovation, financial impact, and their efforts at spreading awareness of Georgia’s technology initiatives throughout the U.S. and globally.

“Each of the 40 companies we are recognizing have made a significant impact on how we live and do business through their technology innovation,” said Tino Mantella, president & CEO of TAG. “We applaud each of these companies for their success and contribution to making Georgia a leading state for technology education, research and business. At TAG we are committed to supporting companies like these and we fully expect that, with their ongoing leadership and innovation, Georgia’s technology community will continue to grow and be top in class in the U.S. and beyond.”

Paymetric’s XiPay™ On-Demand and XiSecure™ On-Demand solutions enable companies to 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 and administrative costs

·         Reduced customer attrition costs

·         Reduced interchange fees

·         Reduced IT costs

·         Minimized cost of compliance

“We take great effort in formulating and developing electronic payment integration and tokenization solutions that improve the productivity and security of large and mid-size enterprises around the world,” said Larry Wine, president and CEO, Paymetric, Inc. “At the same time, we are committed to strengthening the entire technology community of Georgia because of the important role this sector plays in our state’s economic development, job creation and overall competitiveness.”

The Georgia Technology Summit is TAG’s flagship event that brings together C-level executives, entrepreneurs, technology professionals and academia to celebrate and recognize Georgia’s technology community. This year’s theme, Innovation Next Generation, will address how organizations are leveraging social networking to reach buyers and how they are incorporating social media tools in the workplace.

For more information about TAG and the Georgia Technology Summit and to register for the event, visit http://www.tagonline.org/georgia-technology-summit.php.  

Paymetric will be hosting a free webinar introducing the company’s newest solution, Data Intercept for SAP, on March 22^nd at 2PM EST.  To register please click here. Visit us at the Georgia Technology Summit at table #21.

About The Technology Association of Georgia (TAG)

TAG is a leading technology industry association dedicated to the promotion and economic advancement of the state’s technology industry. TAG provides leadership in driving initiatives in the areas of policy, capital, education and giving, and also brings the technology community together through events, initiative programs and networking opportunities. TAG serves as an umbrella organization for 27 special interest groups, or societies, including Women in Technology (WIT). Additionally, TAG’s charitable arm, the TAG Education Collaborative, is focused on helping science, technology, engineering and math (STEM) education initiatives thrive. For more information visit the TAG website at www.tagonline.org or TAG’s community website at www.TAGthink.com.

About Paymetric

Paymetric, Inc. is the leading provider of integrated and secure electronic 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. Visit www.paymetric.com  or follow us at www.twitter.com/paymetric for additional information.

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