MetraTech Partners With MuleSoft to Automate Integrations for Metanga Customers

BOSTON, MA -- (Marketwire) -- 03/14/13 -- MetraTech Corp., the leading provider of agreements-based billing™, commerce and compensation solutions, today announced an agreement with MuleSoft, provider of the world's most widely used integration platform, to provide end-to-end solutions for connecting its Metanga SaaS billing solution to SaaS and on-premise accounting applications. Powered by CloudHub, the award-winning integration platform as a service (iPaaS) from MuleSoft, the partnership enables Metanga to offer packaged integration apps that automate business processes across leading accounting applications, including Intacct, NetSuite, QuickBooks Online, QuickBooks Desktop and Microsoft Dynamics GP (NASDAQ: MSFT).

Metanga is a commerce and billing engine providing management of customer enrollment, product catalogs, pricing, promotions, invoicing, customer self-care and payment capture for cloud, financial, communications and media, and transportation and utility verticals. Metanga supports end-to-end revenue models that enable billing functionality to extend into a CRM system like Salesforce.com (NYSE: CRM) and integration with financial applications. These integrations are supported through a robust set of SOAP and RESTful APIs. It is designed to facilitate consumption-based billing for online applications that require more than simplistic recurring credit card billing. By coupling Metanga with leading financial management applications, customers are provided with a sophisticated billing capability to expand their service offerings.

"Metanga customers are looking for the shortest path to monetization for their cloud-based offerings," said Esmeralda Swartz, CMO of MetraTech. "With the integration apps that we've built on CloudHub, it's fast and easy for our customers to connect Metanga to leading accounting and financial systems without the need for custom code. Metanga customers can preserve their investment in financial management applications, but are now empowered to take advantage of sophisticated subscription and usage billing. The speed and agility enabled by on-demand integrations, offers our customers increased scalability and flexibility as their business grows."

MetraTech's Metanga and MuleSoft offer five packaged integration apps, one to each of the following accounting platforms: Quick Books Online, Quickbooks Enterprise, Intacct, Netsuite and Microsoft Dynamics GP. These applications address the following integration scenarios most commonly faced by Metanga customers:

• Updating of balances for invoicing with complete payment synchronization between Metanga and accounting
• Synchronization of products with accounting to allow revenue categorization
• Automating the revenue reporting process by providing details of receivables and recognition codes
• Supporting dunning processes by associating revenues with synchronized customer accounts

"We're pleased Metanga has joined our growing ecosystem of SaaS providers that leverage CloudHub to offer seamless integration as a part of their offering," said Chris Purpura, vice president and general manager of CloudHub at MuleSoft. "Connecting customers through custom point to point code doesn't scale or meet the multi-tenancy requirements of SaaS. The CloudHub SaaS partnership program is designed to help fast growth SaaS providers like MetraTech's Metanga to automate business processes across applications, removing the largest friction point for new customer adoption."

To sign up for the QuickBooks, Intacct, NetSuite and Microsoft GP integration applications from MetraTech's Metanga please visit: http://www.metratech.com/metanga/.

About MuleSoft
MuleSoft provides the most widely used integration platform for connecting SaaS and enterprise applications in the cloud and on-premise. With the rise of cloud and mobile, enterprises face a choice: get overwhelmed by the resulting explosion of end points or seize the opportunity to gain competitive advantage. Founded on the idea that connecting applications should not be hard, MuleSoft lets organizations harness the power of their applications through integration. MuleSoft's Anypoint™ technology eliminates costly, time-intensive point-to-point integration, enabling business agility. Delivered as a packaged integration experience, CloudHub™ and Mule ESB™ are built on proven open source technology for the fastest, most reliable integration without vendor lock-in. Supporting billions of transactions per day, MuleSoft is used in production by thousands of enterprises, including Walmart, MasterCard, Nokia, Nestlé and Honeywell, and powers integrations with leading SaaS vendors such as Salesforce.com, NetSuite, Workday, Intuit and Metanga.

For more information: www.MuleSoft.com
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About MetraTech
MetraTech Corp. simplifies and enables global commerce innovation, while helping businesses respond to an ever changing customer and partner relationship landscape. We empower businesses to embrace change through a unique agreements-based billing, commerce and compensation solution that models and supports fluid, personalized, multi-party agreements for customers, partners and suppliers. We automate business processes and business models to address rapidly changing or complex business strategies. Our products are deployed globally, and our customers use MetraTech to innovatively create and securely collect revenue, provide settlement to partners and manage their customer lifecycle in 12 languages, 28 currencies and 90 countries. Customers include Arkadin, Concur, The Depository Trust and Clearing Corporation (DTCC), CETIP, The City of Chicago, GRU Sao Paulo International Airport, GXS, Intercall, LifeLock, Microsoft, PGi, Telus, and Telmore. The company is headquartered in Boston, with offices in London, Paris and Rio de Janeiro. MetraTech is a venture-backed, privately held company whose investors include Accel Partners, Meritech Capital and Vesbridge Partners. For more information, please visit www.metratech.com.