CyberSource Corp.

William McKiernan is the Chairman and Chief Executive Officer of CyberSource Corporation. Prior to founding CyberSource, Mr. McKiernan was President and Chief Operating Officer of McAfee Associates, now Network Associates; Mr. McKiernan held this position during the company's initial public offering. Before joining McAfee, Mr. McKiernan was Vice President of Princeton Venture Research, Inc. and held management positions at ROLM/IBM. In addition to serving on the Board of Directors of the MMRF, Mr. McKiernan is the West Coast Chairman of the Boston College Technology Council. Mr. McKiernan holds a Bachelor of Science from Boston College and an MBA from Harvard Business School.

Mr. Ford is responsible for the development of CyberSource's products and services, as well as orchestrating the company's product marketing and product management execution. Prior to joining CyberSource, Mr. Ford led the research, development and quality assurance efforts for Extensity's suite of Java-based e-business applications. Mr. Ford has also served as Vice President of Engineering for Intrinsa, which introduced the industry's first software defect-detection solution using component simulation. Prior to Intrinsa, Mr. Ford was Vice President of Engineering for Objectivity, where he was also responsible for professional services and customer support. He was also Vice President of Engineering and Vice President of Advanced Technology at Boole & Babbage. Mr. Ford started his career with IBM South Africa where he held various software and hardware engineering positions.

Mr. Martin directs the engineering activities for all CyberSource products, including global electronic payment, risk, reporting and compliance management. Mr. Martin began his CyberSource career in 1998. He has held positions of increasing responsibility since then, including, most recently, the position of senior director of engineering, where he oversaw development efforts for the company's web applications and reporting systems. He was named vice president, engineering, in March of 2006. Before coming to CyberSource, Mr. Martin was a manager at Sterling Software, engaged full-time at the National Aeronautics and Space Administration. Earlier in his career, he was a consultant working with US West in software development. He holds a bachelor's degree in computer science from Huntingdon College.

Mr. Dembner leads CyberSource's marketing team - directing strategy and program execution across solutions marketing, industry marketing, corporate communications, demand generation and market intelligence. Mr. Dembner has 20 years of technology marketing experience in enterprise software, telecommunications and Internet services. He previously served as Vice President, Marketing for Applicast, driving the company from initial launch to a position as one of the leading enterprise application service providers. He was also Vice President, Marketing and Business Development for Honeycomb Software, an early developer of Web content management tools. Mr. Dembner has also served as a senior consultant to a number of fast-growing technology companies - building business plans and marketing programs for clients such as Atempo, @Home, ILOG, Optimal Networks and Wayfarer. Early in his career he held product management, product marketing and corporate strategy positions with Farallon Computing, ROLM/IBM and Strategic Planning Associates (now Mercer Management Consulting). Mr. Dembner holds a B.S. in Economics from the University of Pennsylvania's Wharton School and an M.B.A. from Stanford's Graduate School of Business. He serves on the Board of Directors of the Merchant Risk Council.

Nine years as chief architect of CyberSource's annual survey of internet fraud have given Doug Schwegman a unique insight into the impact of eCommerce fraud on the American economy. He has been quoted in scores of industry, general business, and news media outlets on a diverse array of eCommerce fraud-related topics, including financial implications of the problem, most popular fraud detection tools and measures, chargeback strategies, and industry best practices for fraud prevention. He has spoken on these topics to a variety of organizations, including the U.S. intelligence community, the Merchant Risk Council, NACHA, the Electronic Payments Association, and the International Conference on Operations and Fulfillment. Mr. Schwegman has served as CyberSource Corporation's Director of Customer and Market Intelligence since 2000. Prior to CyberSource, Mr. Schwegman was a senior consultant at International Planning and Research, an international marketing consulting firm, supporting clients such as IBM, HP, and Microsoft, with market intelligence and analysis on the Asia Pacific region. He worked in worldwide market intelligence for Apple Computer for 13 years both in the U.S. and in Europe. Mr. Schwegman holds a BA and MBA from Southern Illinois University and a Masters of International Management from the Garvin School of International Management - Thunderbird.

Carl F. Pascarella has served as a member of our Board of Directors since March 2009. Mr. Pascarella is currently an Executive Advisor at TPG, a leading global private equity firm. From August 1993 to August 2005, he was the President and Chief Executive Officer of Visa USA and also Director of Visa International. From January 1983 to August 1993, Mr. Pascarella served as President & CEO and Director of Visa Asia Pacific LTD. Before joining Visa USA, Mr. Pascarella served as a Vice President of the International Division of Crocker National Bank and also the Head of the California International Banking and Trade Finance organization for Crocker National Bank. He also served as a Vice President of Metropolitan Bank at Bankers Trust Company. Mr. Pascarella previously served as a director of Cobalt Networks Inc., Business Objects S.A and BroadVision Inc. He holds a degree in Business from the University of Buffalo and an M.S. from the Stanford Sloan Program at the Graduate School of Business at Stanford University. There are no family relationships among any of our directors or named executive officers.

John J. McDonnell, Jr. has served as a member of our Board of Directors since September 2000. Since October 2008, Mr. McDonnell has been the Chief Executive Officer of ExaDigm, Inc., a provider of wireless and wired point-of-sale terminal solutions. Prior to that, he served as the Chief Executive Officer and Chairman of TNS Inc., a telecommunications company which provides network services for the financial industry, from March 2001 to December 2006. He founded TNS Inc. in 1990 and served as its Chief Executive Officer, President and director from its founding until it was acquired by PSINet Inc. in November 1999. In April 2001, Mr. McDonnell and a group of investors reacquired TNS Inc. from PSINet. He previously served as Chief Executive Officer of PaylinX Corporation ( PaylinX ) from January 2000, and as a director of PaylinX from February 1999, both until our acquisition of PaylinX in September 2000. He also serves on the board of directors of DealerTrack, Inc. Mr. McDonnell holds a BEE from Manhattan College and an MEE from Rensselaer Polytechnic University.