Mercantec Integrates to Lightbridge's Authorize.Net to Provide Industry Leading Payment Options
1 December 2004
BURLINGTON, Mass. -- Dec. 1, 2004 -- Lightbridge, Inc. (Nasdaq:LTBG), a leading analytics, decisioning and e-commerce company and the parent company of Authorize.Net(R), today announced a partnership with Mercantec, Inc.(R), a global provider of e-commerce solutions for small and mid-sized businesses, to integrate Mercantec's PowerCommerce(R) 2005 to the Authorize.Net Payment Gateway.
As part of the agreement, Mercantec has been certified through Authorize.Net's Shopping Cart Certification Program, which provides that the company's solutions meet Authorize.Net's highest integration, performance and security standards. Merchants are now able to sell their goods or services over the Internet using Mercantec's PowerCommerce suite of Web site building and storefront solutions together with the Authorize.Net Payment Gateway to process secure customer orders online.
"Mercantec is widely recognized as an e-commerce pioneer and leader," said Roy Banks, president, Lightbridge's Authorize.Net Business Unit. "We are pleased to have them as an Authorize.Net certified shopping cart and look forward to providing their merchants with an industry leading Internet Protocol (IP) transaction processing solutions."
"Authorize.Net is an important enhancement to our platform," added Bill Tait, founder and chief executive officer, Mercantec. "We recently began offering merchant accounts through e-onlinedata, Inc. and the addition of Authorize.Net really completes our package, creating a product that will be enthusiastically embraced by our merchants and resellers."
About Authorize.Net (www.authorize.net)
Authorize.Net provides secure, reliable, Internet Protocol (IP) based payment gateway solutions that enable merchants to authorize, settle and manage electronic transactions anytime, anywhere, via Web sites, 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 analytics, decisioning and e-commerce company that businesses trust to manage customer transactions. Lightbridge adds value to fraud screening, credit qualification, payment authorization, billing, and enhanced voice and data services. Lightbridge solutions leverage intelligent automated systems and human expertise, delivered primarily through the efficiencies and cost savings of an outsourced business model. Businesses around the world 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 www.lightbridge.com or call 800-LIGHTBR.
About Mercantec, Inc.
One of the Internet's e-commerce pioneers, Mercantec serves small and medium-sized businesses from its headquarters in Chicago. Established in 1995, Mercantec has a long history of providing easy, complete, and secure web site building and online storefront solutions. Today, Mercantec has over 70,000 customer installations worldwide through industry-leading web hosting firms, site designers, Internet service providers, and telecommunications companies. For additional information, please visit www.mercantec.com or call 630-305-3200.
