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Fraud Management Takes A Lesson from Life: Learn to Share -- iovation and the MRC Host Best Buy and Obopay During Breakfast

SAN JOSE, Calif. (BusinessWire EON) May 29, 2007 --     Online retailers, e-commerce fraud managers, press and analysts are encouraged to attend this free breakfast session. The panel, moderated by Tom Donlea, executive director of the MRC, will include Tim Laudenbach, credit risk manager at Best Buy, Mike O'Connor, fraud operations manager at Obopay Inc., and Jon Karl, co-founder and senior vice president of business development and marketing at iovation.

Time: 7 - 8 a.m.



Date: June 5, 2007

Place: The St. Claire Hotel, San Jose, Calif., Santa Cruz room

To register for the event, visit http://iovation.com/pressroom/events_contact.php.

For more information contact Melanie Adamson at melaniea@mackenzie-marketing.com.

About The Merchant Risk Council

The Merchant Risk Council consists of over 7,800 merchants, vendors, financial institutions and law enforcement agencies. Its subscribers share the common goal of protecting and encouraging the thriving online commerce industry by establishing best practices for cyber-fraud prevention. In addition, the MRC works with federal and local law enforcement agencies such as the Federal Bureau of Investigation, Secret Service, the U.S. Department of Justice and the U.S. Postal Inspectors to help catch and prosecute cyber criminals. The Board of Directors and Advisors consists of leading industry professionals, eCommerce retailers, solution providers and financial institutions and includes representatives from Adobe, Apple, Best Buy, CompUSA, Costco.com, CyberSource, Debix, Discover Network, eFunds, Expedia, Hewlett-Packard, iovation, Microsoft, Neiman Marcus, Orbitz Worldwide and Sterling Consulting International.

About iovation

iovation is the device reputation authority for secure online business. The company provides proven anti-fraud and strong authentication solutions that allow businesses to protect customers, reduce fraud and meet compliance requirements online. The solution links physical devices (PCs) and online accounts and can facilitate the sharing of device reputations among subscribers. In production environments for more than four years, iovation currently manages the reputation of millions of devices, and protects more than 250 million transactions for customers every year. Visit http://www.iovation.com for more information.

Legal Notice: All rights reserved. iovation is either a trademark or registered trademark and the iovation logo is a service mark of iovation. Other product or service names mentioned herein are the trademarks of their respective owners.

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