Products and Services Overview November 2006 What

Products and Services Overview November, 2006

What We Do + Authorize. Net provides an Internet Protocol (IP) payment gateway that enable merchants to authorize, settle and manage credit card and electronic check transactions from… + Web Sites + Mail Order + Retail Stores + Mobile Devices © 2004 Lightbridge, Inc 2

Company Overview + Over 100, 000 Active Merchants + Dominant Gateway in Small & Medium Business market since 1996 + Acquired by Lightbridge, Inc. (NASDAQ: LTBG), April 2004 + Burlington, MA + 130+ Employees + American Fork, Utah Reseller / Channel Management, Business Development, Finance & Inside Sales + Bellevue, Washington Engineering, Operations, Product Management, Marketing & Reseller Support © 2004 Lightbridge, Inc 3

The Payment Gateway of Choice Merchants’ choice: + Secure platform for transaction processing + Compliant with the latest industry standards and regulations Visa CISP Certified & Master. Card SDP (in progress) + Widespread third-party solution support from over 200 leading shopping carts, VARs and software companies + Connected directly to the Chase Paymentech Tampa Processing Platform © 2004 Lightbridge, Inc 5

The Authorize. Net Package Standard Gateway Features + Merchant Interface + Transaction history + Help guides + Integration specs + Billing details Add-On Features + Automated Recurring Billing (ARB) + e. Check. Net + Fraud Detection Suite (FDS) + Cardholder Authentication Programs + News updates + Verified by Visa + Automatic upgrades + Master. Card Secure. Code + AVS & card code filters + Test mode + Virtual Terminal / Batch Upload + MOTO & retail transactions + Multiple Integration Methods + Over 200 shopping carts & software companies © 2004 Lightbridge, Inc 6

Merchant Interface © 2004 Lightbridge, Inc 7

Merchant Interface – Virtual Terminal 5 Areas of Virtual Terminal + Order Info +

Automated Recurring Billing (ARB) + Build CC & e. Check Transaction Volume! + Three easy ways to create a subscription: 1. Merchant Interface 2. Batch upload capability 3. From a previously settled transaction + Multiple recurrence intervals and trial period + Low maintenance + E-mail notifications when credit card expires + Activation through the Reseller Interface © 2004 Lightbridge, Inc 9

e. Check. Net + Accept and Process Electronic Check Transactions + No additional integration necessary + Accept payments over the internet or by phone + Charge for one-time or recurring payments + Collect funds from personal or corporate bank accounts + Merchant must submit separate application + Reconcile e. Check. Net Deposits + Settlement statement with transaction details + Separate reports for Settlement, Billing, Funding Calculation and Risk Reserve activity © 2004 Lightbridge, Inc 10

Fraud Detection Suite (FDS) + Provides Web merchants with powerful tools to identify, manage and prevent suspicious and potentially costly fraudulent transactions + Easily implemented + Designed with Authorize. Net merchants’ interests in mind + Full setup wizard that walks merchants through tools + Highly effective + Combat two types of fraud: verification and settlement fraud + Overlapping filters/tools to provide extra protection + Customizable rules for merchants specific business needs + Process as normal + Authorize & hold for review + Do not authorize, but hold for review + Decline / Reject © 2004 Lightbridge, Inc 11

Card Present Services + Eliminates the cost of a dedicated phone line + Alternative to virtual and private data networks + Easy-to-use management and development environments + Short learning curve for fast employee training + Fast transaction speeds + Cost effective © 2004 Lightbridge, Inc 12

Multi-User Accounts + Coming soon! + Administrative controls for both resellers and merchants + Accessible through both Merchant and Reseller Interfaces + Multiple logins provided by “Account Administrator” + User-friendly controls and functionality + Excellent solution for call centers, Accounting depts. , fulfillment houses, etc. © 2004 Lightbridge, Inc 13

Dedicated Risk Department + Helps Merchants Detect Suspicious Transactions + Proactively monitors transaction activity + Notifies merchants of any suspicious activity identified on their account + Recommends specific steps for tightening security + Helps Merchants Prevent Suspicious Transactions + Educates merchants on the security tools available & “best practices” + Authorize. Net has published a Security “Best Practices” white paper http: //www. authorizenet. com/files/securitybestpractices. pdf + Abuse Management + Enforces Acceptable Use Guidelines + Monitors and terminates all “adult” merchants on a monthly basis © 2004 Lightbridge, Inc 14

Security & Risk Management + Address Verification System (AVS) + Verifies card holders address at their issuing bank. + Card Code (CVV 2, CVC 2, CID) + Three to four digit security code printed on credit cards. + Transaction Key + Unique alphanumeric key used as second layer of identification for merchants when submitting AIM transactions to Authorize. Net. + Credit Restrictions + Only allows credit to be issued against previously settled debit transactions. + CISP Certified + Certified with Visa’s Cardholder Information Security Program + All sensitive information is masked both internally and on all interfaces. + Cardholder Authentication Programs + Verified by Visa & Master. Card Secure Code © 2004 Lightbridge, Inc 15

Key Selling Points Integration Support + 3 rd Party Support + Unmatched by any competitor! + More than 200 integrated partners + Large support staff + Integration Team + Phone, email and online chat + Sample Scripts available + Hours: 6 am – 6 pm PST, 7 x 363 Stability/Reliability Brand Recognition + Redundancy + Widely Recognized and Trusted + Increased Capacity + Longevity – Established in 1996! + Visa CISP & Master. Card SDP Compliant © 2004 Lightbridge, Inc 16