PayLease Announces the Promotion of Two Executives

SAN DIEGO, CA, December 6, 2012 – PayLease, LLC (www.paylease.com), a leading provider of electronic rent payments for the property management industry, today announced it has promoted two management executives to Vice President. Wade Williams is now Vice President of Engineering, and Ben Truehart has been named Vice President of Marketing & Product Management. The promotions are reflective of the company’s commitment to build and maintain a strong and dynamic management team as it continues to expand its e-payment offerings to the property management industry.

In his role as VP, Marketing & Product Management, Mr. Truehart will be responsible for corporate, field and product marketing as well as product roadmap development and execution. Truehart has extensive experience in the payments industry, having previously worked for CDS Global, a Hearst company that manages customer transactions and payment processing for global brands including the American Red Cross, Vogue Magazine and Christie’s International.

As VP of Engineering, Mr. Williams will drive technology initiatives at PayLease including developing software solutions, managing IT and product infrastructure, and maintaining service levels for the PayLease payment solution. Before coming on board with PayLease, Wade was the Vice President of Software Engineering at Networkfleet, a provider of wireless fleet management services. He also served as Senior Software Engineer for the United Nations International Labor Organization (ILO), and various technical capacities at Science Applications International Corporation (SAIC).

Dave Dutch, CEO of PayLease, said “The accomplishments of Ben and Wade have significantly improved PayLease’s organizational structure, client interface, and product offerings. These promotions are richly deserved, and Ben and Wade’s proven expertise will continue to advance PayLease’s strategic goals.”

About PayLease, LLC                                            

PayLease, LLC (www.paylease.com), is a leading electronic payments provider for the property management industry, specifically targeting the multifamily, single family, HOA and commercial markets. PayLease provides property managers the ability to accept and manage rent payments and HOA payments through a secure online interface. With PayLease, residents are able to pay their property manager using an E-check or with a credit card. Since its inception in 2003, PayLease has grown to serve thousands of property management companies nationwide and is among the fastest growing technology companies in the United States.
 
Media Contact:
Ben Truehart                       
VP,  Marketing & Product Management
PayLease LLC    
858.500.4922     
btruehart@paylease.com