SOURCE: Lightbridge, Inc.

December 19, 2006 16:01 ET

Authorize.Net Launches New Web Site Dedicated to ISO Education and Development

BURLINGTON, MA -- (MARKET WIRE) -- December 19, 2006 -- Authorize.Net Corp., a service of Lightbridge, Inc. (NASDAQ: LTBG), today announced the launch of a new Web site dedicated to providing support for the company's extensive community of Independent Sales Organizations (ISOs), also known as resellers. The Authorize.Net® Reseller Toolkit is intended to become a one-stop resource for all of a reseller's needs, including information for learning more about Authorize.Net's products, services and tools. The site will enhance our ISOs' ability to sign up more merchants and increase their revenue. The site also includes information about reselling opportunities with Authorize.Net third-party partners, frequently asked questions (FAQs), a blog, a newsletter archive, and more.

Since its founding in 1996, Authorize.Net has established itself as a loyal and preferred payment gateway partner to the ISO community, building a unique reseller channel that is unparalleled in the payment gateway industry. In addition to offering leading payment gateway products and services, key benefits that Authorize.Net resellers enjoy include:

--  Competitive buy rates and reliable residual payments
--  Free reseller and merchant support
--  Free merchant billing
--  Online merchant provisioning
"Authorize.Net owes a great deal of its success to our ISO partners," stated John Bodine, Authorize.Net vice president of sales and marketing. "Our new Reseller Toolkit is an important addition to our efforts to provide resellers with information and solutions that will help them to be more successful. The Reseller Toolkit has been designed to support the ongoing sales and educational needs of the ISO community."

In addition to earning sales residuals by selling payment gateway accounts, Authorize.Net's 2,700 active resellers can enhance their revenues by selling value-adding products including Authorize.Net's eCheck.Net®, Automated Recurring Billing™, Fraud Detection Suite™, and Card Present (retail) accounts as well as numerous third-party solutions that have been integrated to the payment gateway.

"U.S. Merchant Systems and Authorize.Net helped pioneer the e-commerce revolution," stated Cihat Zeyt, chief executive officer, U.S. Merchant Systems. "Over the years we've been exceptionally fortunate to benefit from Authorize.Net's growing staple of products and services. As the e-commerce industry matures, honing our selling skills will become more critical than ever. Authorize.Net's Reseller Toolkit is a great innovation that will allow our sales teams and agents the ability to maximize their potential, generating additional revenue for both U.S. Merchant Systems and Authorize.Net."

Authorize.Net resellers are invited to visit the new Reseller Toolkit at To inquire about opportunities reselling Authorize.Net products and services, please contact Reseller Support at 1-888-437-0481.

About Authorize.Net® (

Now celebrating its tenth year, Authorize.Net provides secure, reliable, Internet Protocol (IP) based payment gateway solutions that enable over 158,000 merchants to authorize, settle and manage electronic transactions anytime, anywhere, via Web sites, at retail, mail order/telephone order (MOTO) call centers and on wireless devices. Authorize.Net is sold through an extensive network of reseller partners and leading financial institutions that offer its industry leading payment services to their merchant customers. Authorize.Net is a service of Lightbridge, Inc.

About Lightbridge® (

Lightbridge, Inc. (NASDAQ: LTBG) is a leading e-commerce, analytics and decisioning company that businesses trust to manage customer transactions. Lightbridge adds value to fraud screening, credit qualification and payment authorization. Lightbridge solutions leverage intelligent automated systems and human expertise, delivered primarily through the efficiencies and cost savings of an outsourced business model. Businesses use Lightbridge to make smarter decisions, deliver better services, provide secure payments, reduce costs and enhance the lifetime value of their customers. For more information, visit

About U.S. Merchant Systems (

Founded in June, 1992 in San Jose, CA, U.S. Merchant Systems provides merchant accounts to businesses so they can accept credit cards, including Visa, MasterCard®, American Express®, Discover® and Diners Club International®. In addition, U.S. Merchant Systems provides its customers with solutions to help them better manage their businesses including wireless services, CRM solutions, customer loyalty programs and more. For additional information, including products, partnerships and affiliate programs, please visit

AUTHORIZE.NET, LIGHTBRIDGE, the Lightbridge logo and eCheck.Net are registered trademarks and Automated Recurring Billing and Fraud Detection Suite are trademarks of Lightbridge Inc. or its subsidiaries. All other marks are the property of their respective owners.

Forward-looking Statements

Certain statements in this news release that are not historical facts, including, without limitation, those relating to the Company's products, partnerships, services, third party solutions, the Authorize.Net Reseller Toolkit, increased revenue generation, markets and growth prospects and success are forward-looking statements that involve risks and uncertainties. Such statements are based upon the current beliefs and expectations of the management of the company. Actual results may vary materially from those contained in forward-looking statements based on a number of factors including, without limitation, (i) the adverse impact that the Company's decision to exit the TDS business will have on its revenues, net income, stock price, and future business and operations, (ii) risks and costs associated with the Company's continuing commitments under TDS customer contracts and TDS related operating leases and the difficulty of transitioning TDS customers to other vendors and subleasing or exiting facilities, as the case may be, (iii) risks and costs associated with the termination of employees, (iv) dependence on a limited number of clients, (v) the Company's revenue concentration in the wireless telecommunications business, (vi) continuing rapid change in the telecommunications industry, payment processing industry, and other markets in which the Company does business that may affect both the Company and its clients, (vii) the impact of competitive products, services and pricing on both the Company and its products and services, (viii) market acceptance of the company's new or enhanced products, services, technologies and/or the Reseller Toolkit, (viii) current and future economic conditions generally and particularly in the telecommunications and payment processing industry, (ix) uncertainties about the Company's ability to execute on, and about the impact on the Company's business and operations of, its objectives, plans or strategies as a result of potential technological, market or competitive factors, or its decision to exit the TDS business, (x) the impact of compensation expense, restructuring, asset impairment and other charges on the Company's business and operations including, without limitation, those related to the Company's decision to exit the TDS business, (xi) integration, employee retention, recognition of cost and other benefits and revenue synergies, and other risks associated with acquisitions, (xii) the industry risks associated with Authorize.Net's business and operations including, without limitation, illegal or improper uses of Authorize.Net's payment system, unauthorized intrusions and attacks on Authorize.Net's payment system that may impair the operation of its payment systems, changes in or failures to comply with credit card association rules and governmental regulations, changes in the application of existing laws and the impact of new laws, and dependence on relationships with resellers, certain financial institutions and third party payment processors, and (xiii) the factors disclosed in the Company's filings with the U.S. Securities and Exchange Commission including, without limitation, its 2005 Annual Report on Form 10-K, second quarter 2006 Quarterly Report on Form 10-Q and other public filings. The Company undertakes no obligation to update any forward-looking statements.

Contact Information