CyberSource's investor relations program has been recognized for excellence by Institutional Investor Magazine. The company was ranked second in the nation in the Computer Services & IT Consulting category, according to buy-side participants in Institutional Investor's 2009 ranking of America's Best Investor Relations.
The buy-side portion of the survey reflects the opinions of more than 650 analysts and portfolio managers at 400 investment firms managing an estimated $5.7 trillion in assets. Respondents were asked to rank companies in the industries they cover that excel at investor relations.
"The global financial crisis is prompting many analysts and investors to demand more information and greater transparency from public companies," explains Institutional Investor's Thomas W. Johnson, who helped direct the survey. "The companies cited in our ranking of America's Best Investor Relations have risen to the challenges presented by this very difficult economic environment and demonstrated their commitment to their investors."
"This is a tribute to Steve Pellizzer, CyberSource Chief Financial Officer, and Katrina Rymill, our Director of Investor Relations, and their commitment to providing investors with relevant, timely, and accurate information," said Bill McKiernan, Chairman and Chief Executive Officer of CyberSource. "As a company, we are committed to transparency in our communication with the investment community and Steve and Katrina do a great job providing that communication."
The full list of winners in Institutional Investor's ranking of America's Best Investor Relations can be found at www.iimagazine.com.
CyberSource Corporation (Nasdaq: CYBS) is a leading provider of electronic payment and risk management solutions. CyberSource solutions enable electronic payment processing for Web, call center, and POS environments. CyberSource also offers industry leading risk management solutions for merchants accepting card-not-present transactions. CyberSource Professional Services designs, integrates, and optimizes commerce transaction processing systems. Approximately 262,000 businesses use CyberSource solutions, including half the companies comprising the Dow Jones Industrial Average. The company is headquartered in Mountain View, California, and has sales and service offices in Japan, the United Kingdom, and other locations in the United States including Bellevue, Washington and American Fork, Utah. For more information on CyberSource please visit www.cybersource.com or email firstname.lastname@example.org. For more information on Authorize.Net small business solutions, please visit www.authorize.net or email email@example.com.