EX-99.4 5 dex994.htm PRESENTATION TO EMPLOYEES Presentation to Employees
The Vision Takes Shape
CyberSource
Company All-Hands Meeting June 18, 2007
Exhibit 99.4


2
"Safe Harbor" statement under the Private Securities Litigation Reform Act of 1995
Statements
in
this
presentation
that
are
not
purely
historical
are
forward-looking
statements within the meaning of Section 27A of the Securities Act of 1933 and
Section 21E of the Securities Exchange Act of 1934, including, without limitation,
statements regarding the company's expectations, objectives, anticipations, plans,
hopes, beliefs, intentions or strategies regarding the future. For example, statements
of expected synergies, timing of closing, customer solutions, e-commerce
growth,
and
industry
leadership
are
all
forward-looking
statements.
Risks,
uncertainties and assumptions include the possibility that development of these
products and services may not proceed as planned; that the merger does not close or
that the companies may be required to modify aspects of the transaction to achieve
regulatory approval; or that prior to the closing of the proposed merger, the
businesses of the companies suffer due to uncertainty; that the parties are unable to
successfully execute their integration strategies or achieve planned synergies; other
risks
that
are
described
from
time
to
time
in
CyberSource’s
and
Authorize.Net
Holdings, Inc.’s Securities and Exchange Commission reports (including, but not
limited to, CyberSource’s
annual report on Form 10-K for the year ended December
31,
2006,
and
Authorize.Net’s
Form
10-K
for
the
year
ended
December
31,
2006,
and
subsequently filed reports).
If any of these risks or uncertainties materializes or any
of
these
assumptions
proves
incorrect,
CyberSource’s
or
Authorize.Net’s
results
could
differ
materially
from
CyberSource’s
or
Authorize.Net’s
expectations
in
these
statements.
Neither CyberSource
nor Authorize.Net
assume any obligation and they
do not intend to update these forward-looking statements.


The Vision Takes Shape


4
CyberSource
Acquisition
Value: approx $565M
Ownership: 53/47
McKiernan: Chairman & CEO
Cruickshank: President & COO CyberSource
Banks: President Authorize.Net
Close Sep/Oct


5
A Perfect, Friction-Free
Payment Transaction.
Worldwide.
Own Payment Management



eCommerce Payment Management Depth
Mid-Sized to Enterprise Sales Expertise
7


SMB IP Payment Depth
Web
MOTO
POS
Mobile
Extensive Channel Network & Systems
2,500 Resellers :  175,000 Merchants
8


9
Top-Bottom Coverage
Extensive Distribution Network
~200,000 Merchants
1.1B Txns
/ $65B Processed 2006


MEB
SMB


11
eCommerce Growth
Small to Enterprise
Domestic & Global
Web-based
Payments


12
Additional Information and Where to Find It
CyberSource
and Authorize.Net
will file a joint proxy statement/prospectus with the
SEC in connection with the proposed merger. Investors and security holders are
urged to read the joint proxy statement/prospectus when it becomes available and
any other relevant documents filed with the SEC because they will contain important
information. Investors and security holders will be able to obtain these documents
free of charge at the website maintained by the SEC at www.sec.gov. In addition,
documents
filed
with
the
SEC
by
CyberSource
are
available
free
of
charge
by
contacting
Investor
Relations,
CyberSource
Corporation,
1295
Charleston
Road,
Mountain View, California 94043-1307, (650) 965-6000, and documents filed with the
SEC by Authorize.Net
are available free of charge by contacting Investor Relations,
Authorize.Net
Holdings, Inc., 293 Boston Post Road, West #220, Marlborough, MA
01752, (866) 916-7380.
Participants in Solicitation
CyberSource
and Authorize.Net, and their respective directors, executive officers and
other possible employees and advisors, may be deemed to be participants in the
solicitation
of
proxies
from
the
stockholders
of
CyberSource
and
Authorize.Net
in
connection with the merger and related items. Information regarding the directors and
executive
officers
of
CyberSource
and
their
ownership
of
CyberSource
shares
is
set
forth
in
the
proxy
statement
for
CyberSource’s
2007
annual
meeting
of
stockholders,
which was filed with the SEC on April 9, 2007. Information regarding the directors and
executive
officers
of
Authorize.Net
and
their
ownership
of
Authorize.Net
stock
is
set
forth
in
the
proxy
statement
for
Authorize.Net's
2007
annual
meeting
of
stockholders,
which was filed with the SEC on April 30, 2007. Investors may obtain additional
information regarding the interests of those participants by reading the proxy
statement/prospectus when it becomes available.