SOURCE: Vindicia

September 15, 2008 09:00 ET

Vindicia Helps Top Online Game Publishers Boost Revenue, Fight Fraud

Cryptic, FireSky, Multiverse and Outspark Latest to Use Company's Next-Generation Billing and Fraud Management Solutions

REDWOOD CITY, CA and AUSTIN, TX--(Marketwire - September 15, 2008) - Austin Game Developers Conference -- Vindicia, a leading provider of on-demand payment management software, today announced the addition of leading gaming publishers Cryptic, FireSky, Multiverse and Outspark to its customer portfolio. The companies will leverage Vindicia's billing and fraud management solutions, selecting Vindicia over competitive solutions for its ability to support multiple business models, including subscription, one time purchases, freemium, digital goods and any combination.

According to the PC Gaming Alliance, online gaming and digital game downloads represented nearly 70 percent of $10.7 billion revenues industry wide last year. Increasingly, game developers are becoming online publishers and as such understand that adopting a scalable billing infrastructure is paramount. From offloading issues around PCI compliance, to payment method flexibility, to International support and fraud management, Vindicia's billing solutions help publishers maximize customer acquisition and retention while providing them with the flexibility to fine-tune their models as customer needs dictate.

"As our online community continued to grow exponentially, we realized we needed to adopt a more sophisticated billing and payments infrastructure -- one that would continue to grow and evolve with us," said Susan Choe, CEO of Outspark. "Vindicia provides us with a powerful billing infrastructure that incorporates a number of 'best practice' features to ensure that we are optimizing the experience for our customers."

"Online game publishers are at the forefront of one of the most dramatic shifts in entertainment -- a world where traditional commerce models fall short," said Gene Hoffman, chairman and CEO of Vindicia. "As innovators like Cryptic, FireSky, Multiverse and Outspark continue to expand their own user communities, as well as their offerings, billing and fraud management solutions move from the tactical to the strategic. Vindicia's solutions were built from the ground up to support a wide variety of business models, allowing each publisher to adopt an infrastructure that is designed for them."

The Business of Making Games

Vindicia CashBox™ is a best-of-breed billing system that improves customer retention and maximizes profit through recurring and real-time payment management. CashBox provides a number of capabilities designed for the game market: the ability to support nearly unlimited pricing plans, fraud management to recover lost revenue and increase community satisfaction; international payment support across different currencies, languages and payment methods; and personalized communications to enhance customer retention. For a more comprehensive list of game publisher capabilities, visit: http://www.vindicia.com/solutions/Gaming.html.

Meet with Vindicia at this week's Austin Game Developers Conference (GDC), booth # 534, at the Austin Convention Center. To schedule a meeting, please contact Juli Greenwood at 781-672-3137 or jgreenwood@chenpr.com.

About Vindicia

Vindicia offers an integrated, on-demand billing and fraud management solution for online merchants. Vindicia CashBox™ is a best-of-breed billing system for creating and managing recurring and real-time payments and helps merchants improve customer retention and maximize profit. Vindicia ChargeGuard™ provides automated fraud screening and chargeback management services that enable merchants to recover lost revenue. A PCI Service Provider Level 1 company and SAS 70 Type 2 audited, Vindicia is a key payment management resource for some of the best-known brands on the Internet. For more information, visit www.vindicia.com.

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