CYBS Cybersource (MM)

MOUNTAIN VIEW, Calif., May 28 /PRNewswire-FirstCall/ -- CyberSource Corporation (NASDAQ:CYBS), a leading provider of electronic payment and risk management solutions, today announced that Bill McKiernan, Chairman and Chief Executive Officer, has been named a finalist for the Ernst & Young Entrepreneur Of The Year 2009 Award in Northern California. (Logo: http://www.newscom.com/cgi-bin/prnh/19990513/CYBRSOURCELOGO) According to Ernst & Young LLP, the awards program recognizes entrepreneurs who demonstrate extraordinary success in the areas of innovation, financial performance and personal commitment to their businesses and communities. Mr. McKiernan was selected as a finalist from over 100 nominations by a panel of independent judges. Award recipients will be announced at a special gala event on June 13, 2009 at The San Jose Fairmont. CyberSource was founded by McKiernan in 1994 over a barbershop in Menlo Park, California. Today, CyberSource is a full-service payment management company, processing approximately 25% of all U.S. online commerce and growing rapidly around the world. In 2008 the company processed 1.9 billion transactions, representing over $109 billion in transaction value. More than 262,000 businesses use CyberSource solutions, including half the companies comprising the Dow Jones Industrial Average. "It is an honor to be recognized among the entrepreneurs in Silicon Valley," said McKiernan. "CyberSource has been fortunate in being a leading-edge contributor to the growth of the Internet as a platform for commerce. This recognition is principally due to the passion and dedication of hundreds of CyberSource employees over the last 15 years." The Ernst & Young Entrepreneur Of The Year awards program celebrates its 23rd anniversary this year. The program has expanded to recognize business leaders in over 135 cities in 50 countries throughout the world. 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. Approximately 262,000 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 . About Ernst & Young's Entrepreneur Of The Year(R) Awards Program Ernst & Young's Entrepreneur Of The Year(R) Award is the world's most prestigious business award for entrepreneurs. The award makes a difference through the way it encourages entrepreneurial activity among those with potential and recognizes the contribution of people who inspire others with their vision, leadership and achievement. As the first and only truly global award of its kind, the Ernst & Young Entrepreneur Of The Year(R) award celebrates those who are building and leading successful, growing and dynamic businesses, recognizing them through regional, national and global awards programs in more than 135 cities in 50 countries. (C)2009 CyberSource Corporation. All rights reserved. CyberSource is a registered trademark in the U.S. and other countries. All other brands and product names are trademarks or registered trademarks of their respective companies. http://www.newscom.com/cgi-bin/prnh/19990513/CYBRSOURCELOGO http://photoarchive.ap.org/ DATASOURCE: CyberSource Corporation CONTACT: Bruce Frymire of CyberSource Corporation, +1-650-965-6042, Web Site: http://www.cybersource.com/

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