934280--2/27/2009--CYBERSOURCE

related topics

{product, market, service}

{stock, price, operating}

{system, service, information}

{acquisition, growth, future}

{regulation, government, change}

{provision, law, control}

{condition, economic, financial}

{operation, international, foreign}

{personnel, key, retain}

{property, intellectual, protect}

{loss, insurance, financial}

{tax, income, asset}

{cost, operation, labor}

{regulation, change, law}

Risks Related to Our Business Potential system failures and lack of capacity issues could negatively affect demand for our services. A breach of our eCommerce security measures could reduce demand for our services. We could incur chargeback or merchant fraud losses that would adversely affect our earnings. Our revenue and customer relationships could be impacted if we were to lose bank sponsorship. We may not be able to adequately protect our proprietary technology and may be infringing upon third-party intellectual property rights. If we are not able to fully utilize relationships with our sales alliances, we may experience lower revenue growth and higher operating costs. Our fraud detection services and marketing agreement with Visa U.S.A. can be terminated. If we lose key management personnel, we may not be able to successfully manage our business and achieve our objectives. Failure to manage future growth effectively may have a material adverse effect on our financial condition and results of operations. Charges to earnings resulting from the application of the purchase method of accounting might adversely affect the market value of our common stock. We may pursue strategic acquisitions and our business could be materially and adversely affected if we fail to adequately integrate acquired businesses. Our international business is subject to additional foreign risks that could harm our business, results, and financial condition. Risks Related To Our Industry The intense competition in our industry could reduce or eliminate the demand for our products and services. Our market is subject to rapid technological change and to compete we must continually enhance our systems to comply with evolving standards. The demand for our products and services could be negatively affected by a reduced growth of eCommerce or delays in the development of the internet infrastructure. Global economics, political and other conditions may adversely affect trends in consumer spending, which may adversely impact our revenue and profitability We may become subject to government regulation and legal uncertainties that would adversely affect our operations and financial results. Risks Related to Ownership of Our Common Stock Potential fluctuations of our quarterly results could cause our stock price to fluctuate or decline. The trading price of our common stock has fluctuated and may continue to fluctuate due to factors outside our control. The anti-takeover provisions in our certificate of incorporation, including the issuance of authorized preferred stock, could adversely affect the rights of the holders of our common stock.

Full 10-K form ▸

934280--2/27/2009--CYBERSOURCE_CORP