iBIZ Enters Asia Pacific Region with Local Representation and Partnerships

Tokyo, Japan & Bellaire, Texas, USA, August 18, 2004–iBIZ Software is entering the Japanese market with the local representation from MRS Corporation and will be focusing on enabling merchants to become compliant with J/Secure as well as other 3-D Secure programs from Visa and MasterCard. In doing so, iBIZ will be working aggressively to help JCB implement payer authentication for their millions of cardholders who conduct online transactions. In other parts of the Asia Pacific region iBIZ is working closely with local iBIZness Partners to answer the needs of issuers and acquirers for comprehensive, robust and cost effective online authentication solutions.

“JCB is pleased that iBIZ so quickly certified the CommerSafe MPI and CommerSafe ACS for J/Secure,” states Julie Krueger, VP of Emerging Technologies for JCB. “Because iBIZ has a very strong global presence, they are an excellent international partner that will support J/Secure implementations around the world.”

“iBIZ is excited to work with JCB in Asia Pacific and around the world together with our global iBIZness Partners,” remarked Yaron Charka, CEO of iBIZ Software. “Partnering with JCB is yet another commitment of iBIZ to its customers worldwide, and another important layer in our penetration to the Asian market on our way to becoming the global leading provider of online authentication software solutions.”

About JCB International

JCB is an international credit card brand and the largest card issuer and acquirer in Japan. JCB launched its card business in Japan in 1961 and began expanding overseas in 1981. Its merchant network includes 11.7 million merchants and spans 189 countries and territories. JCB cards are now issued in 18 countries and territories, with 51.6 million cardmembers. As part of its international growth strategy, JCB has formed alliances with more than 320 leading banks and financial institutions globally to increase merchant coverage and cardmember base. JCB’s corporate philosophy of “Service from the heart”, a commitment to responsive and high-quality service, continues to guide it as it creates the future together with its customers, merchants and partners. For further information, please visit the JCB Co. Ltd. home page at: http://www.jcb-global.com/english or http://www.jcbinternational.com.

About iBIZ Software, Inc.

Founded in the year 2000, iBIZ is a pioneer in online payment card security and offers robust online authentication solutions for banks and processors worldwide. iBIZ Software’s CommerSafe Product Suite, has been compliant with each of the 3-D Secure programs from their very launch, including Verified by Visa, MasterCard SecureCode and JCB J/Secure. In line with its focus on online authentications, iBIZ develops solutions for site authentication and user authentication. These solutions are designed to combat the worldwide problem of spoofed sites and emails commonly known as ‘Phishing’. iBIZ continues to prove itself as a valuable partner for payment card issuing banks, processors, acquiring banks, payment service providers and online merchants as well as the channel partners working in these areas. iBIZ Software is based in Bellaire, Texas, has its sales headquarters in Munich, Germany and maintains a sales office in Buenos Aires, Argentina. iBIZ has customers and channel partners in the United States, Latin America, Australia, South East Asia, Russia, Central and Western Europe, the Middle East and Africa. For more information, visit us at http://www.iBIZ-Software.com.