Authorize.Net Surpasses 200,000 Active Merchants
2007年11月15日 - 10:00PM
PRニュース・ワイアー (英語)
MOUNTAIN VIEW, Calif., Nov. 15 /PRNewswire-FirstCall/ --
CyberSource Corporation (NASDAQ:CYBS), a leading provider of
electronic payment and risk management solutions, today announced
that its Authorize.Net solution has achieved another merchant
milestone, surpassing 200,000 active merchants on that payment
service. This milestone closely follows Authorize.Net's November 1,
2007 merger with CyberSource. With the merger, CyberSource is now
one of the industry's largest providers of payment management
solutions, with over 220,000 merchants. (Logo:
http://www.newscom.com/cgi-bin/prnh/19990513/CYBRSOURCELOGO)
Authorize.Net is the small business solution for CyberSource,
catering primarily to merchants that process less than $3 million
annually in card volume. Founded in 1996, Authorize.Net has seen
dramatic growth in its merchant base over the past few years. While
it took approximately eight years for the company to surpass
100,000 active merchants, achieving that milestone in August 2004,
it took only slightly more than three additional years to double
that number. "Authorize.Net owes much of its success to its
partners and employees," stated Roy Banks, Authorize.Net president.
"Our partners, particularly our resellers, have been loyal and
dedicated in selling our products and services. They are an
important part of our business and instrumental to the success we
have enjoyed. We remain committed to serving them and helping them
meet the payment management needs of their merchant customers. It
is also important to credit the hard work and dedication of our
employees. This is a tremendous achievement that has been
accomplished through their combined efforts." About CyberSource
CyberSource Corporation is a leading provider of electronic payment
and risk management solutions. CyberSource solutions enable
electronic payment processing for Web, call center, and POS
environments. CyberSource also offers industry leading risk
management solutions for merchants accepting card-not-present
transactions. CyberSource Professional Services designs,
integrates, and optimizes commerce transaction processing systems.
Over 220,000 businesses use CyberSource solutions, including half
the companies comprising the Dow Jones Industrial Average. The
company is headquartered in Mountain View, California, and has
sales and service offices in Japan, the United Kingdom, and other
locations in the United States including Bellevue, Washington and
American Fork, Utah. For more information on CyberSource please
visit http://www.cybersource.com/ or email . For more information
on Authorize.Net small business solutions, please visit
http://www.authorize.net/ or email . "Safe Harbor" statement under
the Private Securities Litigation Reform Act of 1995 Statements in
this release that are not purely historical are forward-looking
statements within the meaning of Section 27A of the Securities Act
of 1933 and Section 21E of the Securities Exchange Act of 1934,
including, without limitation, statements regarding the company's
expectations, objectives, anticipations, plans, hopes, beliefs,
intentions or strategies regarding the future. Forward-looking
statements in this release include, statements regarding: (1) pace
of merchant growth, (2) loyalty and dedication of resellers, and
(3) the company meeting the payment needs of merchant customers.
Factors that could cause actual results to differ materially from
the forward looking statements include risks and uncertainties such
as, changes in customer needs, new products and services offerings
by the company and its competitors, any unforeseen event or any
unforeseen system failures, and other risks indicated in our
filings with the Securities and Exchange Commission. It is
important to note that actual outcomes could differ materially from
those in such forward-looking statements. Readers should also refer
to the documents filed by CyberSource with the Securities and
Exchange Commission, specifically the annual report filed on Form
10-K for the year ended December 31, 2006, filed with the
Securities and Exchange Commission on March 13, 2007, and our
quarterly reports filed on Form 10-Q from time to time, all of
which identify important risk factors. (C) 2007 CyberSource
Corporation. All rights reserved. CyberSource is a registered
trademark of CyberSource Corporation in the U.S. and other
countries. Authorize.Net is a registered trademark of CyberSource
Corporation in the U.S.
http://www.newscom.com/cgi-bin/prnh/19990513/CYBRSOURCELOGO
http://photoarchive.ap.org/ DATASOURCE: CyberSource Corporation
CONTACT: Bruce Frymire of CyberSource, +1-650-965-6042, ; or David
Schwartz of Authorize.Net, +1-425-586-6039, Web site:
http://www.cybersource.com/ http://www.authorize.net/
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