CyberSource Names Michael Walsh Vice President, Worldwide Sales
MOUNTAIN VIEW, Calif., December 15, 2004
CyberSource Corporation (NASDAQ: CYBS) today announced the appointment of Michael Walsh as vice president of worldwide sales. Mr. Walsh has been in the payment industry for more than six years and prior to that held sales and business development positions at Oracle Corporation and Merrill Lynch. Mr. Walsh brings a combination of sales professionalism, a track record of success, and strong knowledge of the payment industry to the role. He was previously a senior director in the sales department at CyberSource and has been with the company for over six years.
"Mike has played a major role in this organization's success," said Bill McKiernan, chairman and CEO. "He has consistently demonstrated the ability to deliver results and motivate a team. He understands our industry, our products, and the needs of our customers. His intellect, solid values, passion and industry knowledge make him an ideal choice for this position. I am delighted that Mike will be leading our world wide sales organization."
About CyberSource
CyberSource Corporation is a leading provider of electronic payment and risk management solutions. CyberSource solutions enable electronic payment processing for Web, call center/IVR, and POS environments and manage fraud risk associated with card-not-present transactions. CyberSource Professional Services designs, integrates, and optimizes enterprise-wide commerce transaction systems. Over 5,000 businesses use CyberSource solutions, including half of the Dow Jones Industrial companies. 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. For more information, please visit CyberSource's web site at www.cybersource.com or email info@cybersource.com.
Editorial Contact:
Bruce Frymire
CyberSource Corporation
650.965.6042
bfrymire@cybersource.com
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