Doubleknot, Inc.OLD SITECompanyPress RoomDoubleknot Announces Partnership with Mercury Payment Systems

For Immediate Release

Doubleknot Announces Partnership with Mercury Payment Systems for Online Payment Processing

SARATOGA, CA – June 1, 2012 –Doubleknot (www.doubleknot.com), a leading provider of revenue generating cloud software and services, and Mercury Payment Systems (www.mercurypay.com), the leading POS-integrated payment processor, today announced a new partnership. They will provide nonprofits and other industries improved support for complex online commerce transactions as wells as a new set of payment options to offer their customers online.

“Our new partnership gives us the opportunity to increase our presence in such markets as nonprofits, zoos and camps,” said Matt Taylor, Mercury Chief Executive Officer.  “Doubleknot’s strength in these markets and our partner-centric sales model make this an excellent fit.”

“We are quite pleased to be partnering with such a highly regarded payment processing firm,” said John Rees, President of Doubleknot.  “We are very selective in the vendors we choose, especially those that have a mission-critical impact on our clients’ revenue generating abilities. By partnering with Mercury, our clients can reduce payment processing fees, offer and accept gift cards and experience one-stop customer service.”

About Doubleknot

Doubleknot, a leading provider of cloud-based applications, tools and support services, provides a suite of flexible online marketing, event registration and constituent management software that helps organizations promote awareness and increase participation.  Doubleknot provides unique hosted solutions for Scouting, Zoos & Aquariums, Camps & Conference Centers, Educational Programs, Causes, Associations & Clubs, and Religious Organizations.  For more information on Doubleknot please visit www.doubleknot.com or follow us on Twitter.

About Mercury Payment Systems

Mercury Payment Systems is one of the fastest-growing payment processing companies in North America.  Mercury is a trusted, award-winning channel partner to over 500 point-of-sale (POS) Independent Software Vendors and 2,500 POS Value Added Resellers, delivering secure and reliable integrated payments and visionary technology leadership to the industry.  Mercury is pioneering the "Social POS," empowering its merchants to identify, acquire and retain customers through unique engagement and closed-loop measurement using Mercury's patent-pending SaaS mobile loyalty platform.  For more information, please visit www.MercuryPay.com.

FOR MORE INFORMATION CONTACT

Doubleknot – David Mimeles, 408 -971-9120, ext 203, DMimeles@Doubleknot.com

Mercury Payment Systems – Jan Owen, 800-846-4472 ext 3472, JOwen@MercuryPay.com

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