Quickbooks Pos Software

CyberSource Corporation , a leading provider of electronic payment and risk management solutions, today announced financial results for its third quarter ended September 30, 2006.

(Logo: http://www.newscom.com/cgi-bin/prnh/19990513/CYBRSOURCELOGO ) -- Revenue in the third quarter was $17.4 million, a 39% increase over the same period last year. -- Net income for the third quarter was $0.3 million on a GAAP basis compared to $1.6 million for the third quarter of the prior year. Non- GAAP net income, which excludes stock-based compensation expense, the non-cash portion of the tax provision, depreciation and amortization expense, and other non-recurring charges and income was $2.2 million compared to $1.8 million for the third quarter of the prior year. A reconciliation of the historical GAAP to non-GAAP measures is attached with the financial statements.

CASHIN is launching a prepaid medical insurance product linked to its prepaid airtime and electricity vending, wireless payment terminal offering. Merchants renting CASHIN terminals will be given the option to package a number of prepaid medical insurance policies with the CASHIN terminal. These medical insurance packages are designed to give low income workers previously unaffordable cover including: - accidental hospital cover for admission and treatment at any private hospital for up to R50,000 - accidental hospital cover at any state or provincial hospital (unlimited) - illness and out-of-hospital benefits, entitling the policy holder to treatment at over 17,700 service providers countrywide - R10,000 funeral cover, inceasing to R50,000 in the event of accidental death - HIV/AIDS package including access to drugs and counselling - Dentistry cover - Optometry cover The CASHIN terminal is an EMV certified payment terminal with innovative payment applications bundled together.