PayLease Wins San Diego Business Journal’s 2012 Innovation Award

PayLease, a leading provider of electronic payments for the property management industry, today announced it was awarded the 2012 Innovation Award by the San Diego Business Journal. PayLease received the top honor, the Award of Excellence in the category of Finance, for its rent payment solutions for the property management industry.

The Innovation Awards recognizes the breakthrough technologies and unique products and services developed by San Diego companies in a broad spectrum of industries. Winners were selected by an independent panel of judges for their unique contributions in the fields of biotech, green energy, finance, marketing, medical devices and research, consumer and mobile products, software and technology. Over 100 San Diego companies entered to win the Innovation Award in their respective category.

For more information about the awards or the San Diego Business Journal, visit www.sdbj.com.

About PayLease

PayLease, (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. For more information, please visit www.paylease.com.