SOURCE: Lightbridge

September 27, 2005 08:30 ET

Authorize.Net®, a Service of Lightbridge, Announces the Adoption of eCheck.Net® by Dydacomp

BURLINGTON, MA -- (MARKET WIRE) -- September 27, 2005 -- Authorize.Net Corp., a service of Lightbridge, Inc., (NASDAQ: LTBG) today announced that eCheck.Net®, its fully integrated electronic check payment solution, has been adopted by Dydacomp, a leading provider of business automation software for the catalog industry.

As one of the pioneer electronic check payment solutions available to Card Not Present merchants, eCheck.Net has long been a popular alternative to credit card payments. By accepting electronic checks, Dydacomp's 10,000 merchants can expand the payment options and convenience available to their customers, potentially increasing customer loyalty and revenues. Dydacomp's adoption of eCheck.Net follows two releases of major enhancements to eCheck.Net over the past year.

In November 2004, Authorize.Net announced a series of feature enhancements to eCheck.Net including:

--  Expanded support for corporate, prearranged and call center
--  Support for transactions to business checking accounts.
--  New and improved reporting tools for viewing batch statistics,
    chargebacks and returned items.
--  Improved reconciliation abilities with a new funding calculation
--  Enhanced settlement statement allowing merchants to view entry
Additionally, on September 13, 2005, Authorize.Net announced additional eCheck.Net enhancements for both resellers and merchants, including:
--  More flexible pricing options including lower buy rates.
--  Ability to initiate the eCheck.Net setup process from within the
    Authorize.Net Reseller Interface.
--  Expedited up-front transaction validation providing merchants with
    faster transaction results.
--  Additional fee withholding summaries to help make merchant
    reconciliation even easier.
--  A new streamlined eCheck.Net application.
"Dydacomp has long been an important and valued Authorize.Net partner," stated Roy Banks, Authorize.Net president. "Their adoption and support of eCheck.Net validates that the enhancements delivered are valued by the industry. As the percentage of electronic check payments continues to increase, we expect eCheck.Net to become an increasingly important payment service for Dydacomp, and we look forward to growing the business with them."

Robert Coon, Dydacomp president, added, "As we evaluated electronic check payment methods, it became clear that eCheck.Net was a natural enhancement to our offerings. The Authorize.Net Payment Gateway has been a core component of our Mail Order Manager (M.O.M) and SiteLINK Web commerce solution for some time. By adding eCheck.Net to our solutions, we are enhancing our offerings as well as the options available to our merchants."

About Dydacomp

Mail Order Manager (M.O.M.) has been the industry leader in PC-based order processing and catalog management systems for over fifteen years and has been installed at nearly 10,000 businesses worldwide. Dydacomp Development, the developers of M.O.M., has been serving the direct marketing industry since 1983. For more information about Mail Order Manager and Dydacomp, visit or call (800) 858-3666.

About Authorize.Net® (

Authorize.Net provides secure, reliable, Internet Protocol (IP)-based payment gateway solutions that enable over 124,000 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

AUTHORIZE.NET, ECHECK.NET, LIGHTBRIDGE, and the Lightbridge logo are registered 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, enhancements, services, markets and growth expectations for eCheck.Net 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) dependence on a limited number of clients, (ii) the Company's revenue concentration in the wireless telecommunications business and the declining subscriber growth rate in that business, (iii) continuing rapid change in the telecommunications industry and payment processing industries, and other markets in which the company does business that may affect both the company and its clients, (iv) the impact of competitive products, services and pricing on both the company and its products and services, (v) market acceptance of the company's new or enhanced products, services and technologies, (vi) 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 or attacks on Authorize.Net's payment system that may impair the operations of its payment system, changes or failures to comply with credit card association rules, governmental regulation and the application of existing laws to Authorize.Net's business and dependence on relationships with a third party payment processors, and (vii) factors disclosed in the company's filings with the U.S. Securities and Exchange Commission including, without limitation, its 2004 Annual Report on Form 10-K and its most recent Quarterly Report on Form 10-Q. The company undertakes no obligation to update any forward-looking statements.

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