MetraTech Deployed at Guarulhos International GRU Airport in Brazil to Modernize Billing and Settlement for Busiest Airport in Latin America

Wed Jan 23, 2013 9:00am EST

* Reuters is not responsible for the content in this press release.

  SAO PAULO, BRAZIL, Jan 23 (Marketwire) -- 
MetraTech, the leading provider of agreements-based billing (ABB(TM)) and
compensation solutions, announced the deployment of its MetraNet(R)
billing platform at Sao Paulo International Airport in Guarulhos, Brazil.
MetraTech was selected in August by GRU Airport's new concessionaire as
the billing platform for the airport and the system went live on November
15th, just in time to handle a new single-day passenger record on the eve
of a long weekend with a national holiday and the Brazilian F1 Grand
Prix. 

    Investments in Brazil's airports have struggled to keep pace with air
travel that has doubled in the past decade as Latin America's fastest
growing economy has risen. In preparation for an expected influx of more
than 500,000 visitors during the month long World Cup 2014 soccer
tournament and Summer Olympics in 2016, the Brazilian Government
determined that private sector involvement would accelerate the necessary
investments to the airports. In the resulting auction in February 2012,
management of Guarulhos, Latin America's busiest airport, was awarded to
the Invepar-ACSA Consortium. 

    The Invepar-ACSA consortium is led by Invepar - Investimentos e
Participacoes em Infraestrutura SA, which owns 90 percent of the
consortium and belongs to employee pension funds from companies including
banks Banco do Brasil and Caixa Economica Federal, as well as oil company
Petrobras - Petroleo Brasileiro SA and OAS Investimentos. ACSA - Airport
Company South Africa owns 10 percent of the consortium. 

    With a winning bid of 16.2 billion reais ($7.8 billion USD) Invepar-ACSA
consortium won the rights to operate Sao Paulo's international hub for 20
years. The Brazilian government raised a total of 24.5 billion reais ($14
billion USD) through the award of licenses to private companies to
operate three of the country's busiest airports, aimed at having the
facilities upgraded and ready for the World Cup, and the 2016 Olympic
Games swiftly thereafter.

    On June 14th of 2012 a 20-year concession contract was signed between
Invepar-ACSA consortium and the Brazilian Government, giving rise to the
Guarulhos International Airport Concessionaire, in which Invepar-ACSA has
51 percent participation and Infraero (Airport Infrastructure Brazilian
Company) has 49 percent participation.

    After its winning bid, it was important for the new GRU operator to begin
collecting revenue and rolling out new services at GRU. The Brazilian
civil aviation regulatory agency, ANAC, officially certified the MetraNet
solution for airport billing and Invepar-ACSA obtained permission to
transition operations and administration from Infraero to the new GRU
Airport Concessionaire. 

    "This is a significant achievement for GRU Airport as we formally take
over operations for Sao Paulo International Airport," said Marcus Abreu,
CFO at GRU Airport. "We've found in MetraNet a solution that can not only
monetize aviation services, but also all other services such as mall and
properties which we expect to increase following a trend we see in other
airports around the world."

    In 2011 the GRU Airport was ranked 1st in terms of transported
passengers, aircraft operations, and cargo handled in Brazil. Sao Paulo
is the busiest passenger airport in Latin America with approximately 34
million passengers (2012) and over 340,000 tons of cargo (2012). MetraNet
is automating processes and financial models for greater accuracy and
transparency to GRU Airport and its airline and concession partners.

    These financial models involve complex calculations based on Airport Use
Agreements and contracts. Billing calculations require dynamic charging
of a diverse set of services including landing/take-off, terminal usage,
enplanement/deplanement, flight support, utilities, ground handling,
passenger facility charges and retail leases.

    "The ability of MetraNet to be easily configured to support all of our
business models in record time made it possible for this milestone to
occur," said Luiz Ritzmann, CIO at GRU Airport. "The ease of use and high
visibility also helped us to quickly make any adjustments necessary to
comply with regulatory rules during certification." 

    MetraNet is the only billing and compensation platform built on an
extensible metadata-driven architecture that makes it simple for
customers to model services, introduce services and pricing plans, and to
change them in rapid response to market demands. Billing and multi-party
settlement functionality such as commissioning, revenue sharing and other
B2x compensation schemes are supported on the same powerful platform.
Partnerships with 3rd parties can be handled with accuracy, visibility
and control for all.

    Scott Swartz, founder and chief executive officer of MetraTech Corp.,
said, "We are extremely proud that GRU selected MetraNet as its billing
solution and they have been a terrific partner. With the upcoming World
Cup 2014 and Summer Olympics in 2016, we are excited to be working with
GRU to modernize airport billing and grow new services at the airport." 

    About Guarulhos International Airport Concessionaire S.A.
 The Guarulhos
International Airport Concessionaire S.A., known by the brand name GRU
Airport - International Sao Paulo Airport was incorporated by GRUPAR who
signed on June 14th of 2012 a 20-year concession contract of the
international airport of Sao Paulo with the Brazilian Government. 

    Grupar is comprised of the Invepar Group, a reference in the South
American transportation infrastructure segment; ACSA (Airports Company
South Africa), which operates some of the fastest growing airports of the
world, such as the Johannesburg airport (South Africa) and Bombay
(India); and Infraero, with extensive experience in operating 63 domestic
and international airports throughout Brazil.

    About MetraTech
 MetraTech Corp. offers an innovative approach for
monetizing relationships with customers, partners, and suppliers.
Organizations are empowered to embrace change through a unique
agreements-based billing and compensation solution that models and
supports fluid, personalized, multi-party agreements. We automate
business processes and business models to address rapidly changing or
sophisticated business models. Our products are deployed globally, and
our customers use MetraTech to innovatively create and securely collect
revenue, compensate partners and manage their customer lifecycle in 12
languages, 28 currencies and 90 countries. Customers include Arkadin,
Concur (NASDAQ: CNQR), The Depository Trust and Clearing Corporation
(DTCC), CETIP, the City of Chicago, LifeLock (NYSE: LOCK), Microsoft
(NASDAQ: MSFT), PGi, Telmore and Telus (NYSE: TU). 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 and www.metanga.com,
or contact us at marketing@metratech.com.

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Media Contact: 
Erin Rohr 
617-236-0500 
metratech@metiscomm.com 

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