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

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

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How it Works

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The Payment Gateway of Choice

Merchants choice:
+ Secure platform for transaction processing
+ Compliant with the latest industry standards and regulations Visa CISP Certified & MasterCard 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

The Authorize.Net Package

Standard Gateway Features
+ Merchant Interface
+ Transaction history + Help guides + Integration specs + Billing details + News updates + Automatic upgrades + AVS & card code filters + Test mode

Add-On Features
+ Automated Recurring Billing (ARB)
+ eCheck.Net + Fraud Detection Suite (FDS) + Cardholder Authentication Programs
+ Verified by Visa + MasterCard SecureCode

+ Virtual Terminal / Batch Upload

+ MOTO & retail transactions

+ Multiple Integration Methods

+ Over 200 shopping carts & software companies

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Merchant Interface

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Merchant Interface Virtual Terminal

5 Areas of Virtual Terminal
+ Order Info
+ Credit Card Info + Checking Account info + Billing Address Info + Shipping Address Info

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Automated Recurring Billing (ARB)

+ Build CC & eCheck 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

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eCheck.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 eCheck.Net Deposits

+ + Settlement statement with transaction details Separate reports for Settlement, Billing, Funding Calculation and Risk Reserve activity

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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

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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

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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.

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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

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Security & Risk Management

+ Address Verification System (AVS)
+ Verifies card holders address at their issuing bank.

+ Card Code (CVV2,CVC2,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 Visas Cardholder Information Security Program All sensitive information is masked both internally and on all interfaces.

+ Cardholder Authentication Programs

+ Verified by Visa & MasterCard Secure Code

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Key Selling Points

Integration + 3rd Party Support + More than 200 integrated partners + Integration Team + Sample Scripts available Stability/Reliability + Redundancy + Increased Capacity + Visa CISP & MasterCard SDP Compliant Support + Unmatched by any competitor! + Large support staff + Phone, email and online chat + Hours: 6 am 6 pm PST, 7x363 Brand Recognition + Widely Recognized and Trusted + Longevity Established in 1996!

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Reseller Pricing
Standard Buy Rates
$149 One Time Set up Fee
$20 Monthly Gateway Fee $0.10 Transaction Fee

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For More Information

Kevin Piccolo Authorize.Net Reseller (866) 649-4105 KevinPiccolo@msn.com

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