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Intersections Reports 10.7% Revenue Increase Y/Y

5, Country, Priority, UNITED STATESBy Robert McKinley 05/12/2010

Intersections financial results for 1Q/10 reflect a revenue of $96.6 million, compared to $87.3 million in 1Q/09 for a 10.7% increase. Consolidated adjusted EBITDA was $6.4 million. Total subscribers decreased to approximately 4.2 million as of March 31, 2010, compared to approximately 4.3 million subscribers as of December 31, 2009, and total consolidated revenue for the first quarter of 2010 was $96.6 million, including $5.1 million from the Background Screening segment, compared to $87.3 million for the first quarter of 2009, including $4.4 million from the Background Screening segment. Subscription revenue, net of marketing and commissions associated with subscription revenue, was $42.8 million for the first quarter of 2010, compared to $40.6 million for the first quarter of 2009, an increase of 5.3 percent. Consolidated cash flow provided by operations for the quarter ended March 31, 2010, was approximately $8.9 million. Intersections’ latest results visit CardData (www.carddata.com).

INTERSECTIONS REVENUES
1Q/09: $87.3 million
2Q/09: $90.3 million
3Q/09: $92.9 million
4Q/09: $94.1 million
1Q/10: $96.6 million
Source: CardData (www.carddata.com)

Intersections Partners With ITAC for Identity Theft Recovery

5, Country, Priority, UNITED STATESBy Robert McKinley 04/06/2010

Identity theft prevention provider Intersections has teamed with ITAC to enhance the “IDENTITY GUARD” product
suite with a more robust identity theft recovery
service. An exclusive feature of ITAC Victim Assistance that will now be
available to IDENTITY GUARD(R) customers is the electronic notification
to all ITAC Member companies, primarily banks, that alert them of
suspected fraud. ITAC, the Identity Theft Assistance
Center, is the national advocate for identity theft victims and a
leading voice on identity policy. A nonprofit supported by financial
services companies, ITAC is dedicated to protecting all consumers
through education, research and the criminal prosecution of identity
crime. ITAC created the first national identity theft resolution network six
years ago for financial services companies that offer it as a free
service for their customers. Recognized for its innovative
public/private solution to identity theft, ITAC and its dedicated team
of identity theft recovery professionals will add significant value to
the IDENTITY GUARD product suite.

Intersections Announces 2009 Revenue of $364.6MM

5, Country, Priority, UNITED STATESBy Robert McKinley 03/19/2010

Intersections announced an uptick in revenue for the year ended December 2009. Total revenue was $364.6 million for the year ended December 31, 2009, including $18.5 million from the Background Screening segment. Total revenue for the year ended December 31, 2008 was $361.6 million, including $27.8 million from the Background Screening segment.
Adjusted EBITDA before share-based compensation for the year ended December 31, 2009, prior to non-cash impairment charges, decreased to $18.6 million from $45.1 million for the comparable period in 2008.
Loss before taxes and noncontrolling interest was $10.4 million for the year ended December 31, 2009, including a loss before taxes and noncontrolling interest of $11.3 million for the Background Screening segment, $5.8 million for the Online Brand Protection segment, and $2.9 million for the Bail Bonds Industry Solutions segment. Loss before taxes and noncontrolling interest was $27.9 million for the year ended December 31, 2008, including a loss before taxes and noncontrolling interest of $19.7 million for the Background Screening segment, $14.9 million for the Online Brand Protection segment, and $4.1 million for the Bail Bonds Industry Solutions segment.
Net loss was $6.4 million, or ($0.36) per diluted share, for the year ended December 31, 2009, compared to net loss of $16.0 million, or ($0.93) per diluted share, for the year ended December 31, 2008.
Cash flow provided by operations for the year ended December 31, 2009 was approximately $17.4 million.

Intersections’ Revenues Rise 3.5% Sequentially

5, Country, Priority, UNITED STATESBy Robert McKinley 08/11/2009

Identity risk management specialist Intersections reported revenue for the second quarter of $90.3 million, compared to $87.3 million for the first quarter and $94.2 million for 2Q/08. The 3.5% sequential Q2 growth was driven by the Consumer Products and Service business. Net loss was $2.7 million for 2Q/09, compared to net income of $4.4 million for the quarter ended June 30, 2008. Subscription revenue, net of marketing and commissions associated with subscription revenue, was $42.6 million for the second quarter, compared to $40.6 million for the first quarter. Total subscribers decreased to approximately 4.5 million as of June 30th, compared to approximately 4.7 million subscribers at year-end 2008. Subscriber additions of approximately 813,000 in the second quarter were offset by subscriber cancels of 882,000. During the quarter Intersections announced that the “ID Vault” personal password and online identity protection technology will be updated to provide broader protection against newer, more sophisticated security threats including the ‘Moxie’ man-in-the-middle SSL attack. In July, the Company terminated its joint venture agreement with Control Risks Group and purchased the noncontrolling interest of Screening International. For complete details on Intersections’ latest performance visit CardData (www.carddata.com). (CF Library 4/24/09)

INTERSECTIONS REVENUES
2Q/08: $94.2 million
3Q/08: $93.4 million
4Q/08: $88.1 million
1Q/09: $87.3 million
2Q/09: $90.3 million
Source: CardData (www.carddata.com)

Equifax’s TALX Settles FCRA Violations

5, Country, Priority, UNITED STATESBy Robert McKinley 07/10/2009

The FTC has settled with Equifax’ consumer information reseller TALX for failing to provide proper FCRA disclosures. The proposed settlement requires TALX to pay a $350,000 civil penalty. TALX sells income and employment history information about consumers to lenders and pre-employment screeners. The company allegedly violated the FCRA by
not providing the “Notice to Users of Consumer Reports: Obligations of
Users Under the FCRA” and the “Notice to Furnishers of Information:
Obligations of Furnishers Under the FCRA.” In addition to the penalty,
the proposed settlement requires TALX to provide the required notices to
users and furnishers.

Intersections to Update “ID Vault” Protection

5, Country, Priority, UNITED STATESBy Robert McKinley 04/24/2009

ID risk management provider Intersections will update its “ID Vault” personal password and online identity protection technology to provide broader protection against more sophisticated security threats. “ID Vault” offers protection against online identity theft and fraud
when customers are banking, shopping and investing online by securing
usernames and passwords in a tamper-proof, smart card-based USB device. The service monitors a “white
list” of more than 8,500 financial and shopping sites, and verifies the
IP addresses and sign-in protocols of these sites in order to protect
consumers from signing into fraudulent imposter sites designed to steal
online identities. ID Vault automatically signs consumers into their
online accounts without typing, so they’re protected against keystroke
loggers and other spyware. The new service will also be available to Intersections’ financial services partners.

Intersections Q3 Net Income Soars by 59%

5, Country, Priority, UNITED STATESBy Robert McKinley 11/20/2008

Identity theft protection service provider Intersections reported third quarter revenue of $93.4 million, an increase of 31%% compared to 3Q/07. Net income rose 59% year-on-year for the third quarter to $2.7 million. However, the Company noted that enrollments have fallen during the third and fourth quarters compared to the first half of the year. Total subscribers decreased to approximately 4.9 million at the end of the third quarter, compared to approximately
5.3 million subscribers at year-end 2007, as a result of the recent loss of the Discover wholesale subscriber base. Subscription revenue, net of marketing and commissions associated with subscription revenue, for the third quarter was $49.2 million, compared to $39.4 million for the third quarter of 2007 and $51.0 million for the second quarter of 2008. During the third quarter Intersections acquired a minority ownership in Guard ID, a privately held company in California, for approximately $3.3 million. For complete details on Intersection’s third quarter performance visit CardData ([www.carddata.com](http://www.carddata.com)).

Intersections’ IDENTITY GUARD Expands

5, Country, Priority, UNITED STATESBy Robert McKinley 05/07/2008

Intersections has made a major enhancement to its “IDENTITY GUARD Total Protection” service by adding a feature that provides secure storage and access to personal records and financial accounts via cell phone or PDA making it convenient to monitor all of your financial records any time. “MOBILE LOCKBOX” uses easy-to-use software allowing the user to store and access virtually any kind of personal information anytime, anywhere via computer, cell phone or PDA. “IDENTITY GUARD Total Protection” helps consumers protect their credit from identity theft, and also provides 360-degree protection on the Internet, on PCs, or when traveling.

Intersections Revenue Climbs 40% in Q4

5, Country, Priority, UNITED STATESBy Robert McKinley 03/14/2008

Intersections reported revenue for the fourth quarter of $77.0 million, compared to $54.7 million for the year-ago quarter and $71.4 million for the prior quarter. Net income for the fourth quarter was $3.3 million, compared to $639 thousand for the quarter ended December 31, 2006, and $1.7 million for the quarter ended September 30th. Total subscribers increased to approximately 5.3 million as of December 31st, compared to approximately 4.6 million subscribers as of December 31, 2006. Subscriber additions of approximately 1.1 million in the fourth quarter of 2007 were partially offset by subscriber cancels of 797 thousand. For complete details on Intersections’ latest results visit CardData ([www.carddata.com][1]).

INTERSECTIONS REVENUE
4Q/06: $54.6 million
1Q/07: $58.2 million
2Q/07: $65.1 million
3Q/07: $71.4 million
4Q/07: $77.0 million
Source: CardData (www.carddata.com)

[1]: http://www.carddata.com

Intersections Q3 Revenue Rises 29% Y/Y

5, Country, Priority, UNITED STATESBy Robert McKinley 11/09/2007

VA-based credit card enhancement provider, Intersections, reported revenue for the third quarter of $71.4 million, a 29% increase over 3Q/06. However, net income decreased 35% to $1.7 million, compared to the same quarter last year. Total subscribers increased to approximately 5.0 million as of September 30th, compared to 4.6 million subscribers at the beginning of the year. Subscription revenue, net of marketing and commissions associated with subscription revenue, increased to $39.4 million for the third quarter from $35.1 million for the second quarter, and from $31.8 million for 3Q/06, an increase of 12% and 24%, respectively. Intersections has more than 7 million customers, primarily acquired through marketing partnerships and consumer-direct marketing of Intersection’s “Identity Guard” brand. For complete details on Intersections’ third quarter performance visit CardData ([www.carddata.com][1]).

[1]: http://www.carddata.com

Intersections’ Safe Connect Targets Bots

5, Country, Priority, UNITED STATESBy Robert McKinley 08/15/2007

Intersections and CA-based Sana Security have introduced “Identity Guard Safe Connect” to combine credit bureau file monitoring and behavior-based anti- malware “Identity Guard Safe Connect” protects people and data by using advanced behavioral technology to detect and remove malicious software attacks as they occur on their computer. This eliminates the need for scanning and signature updates, providing instant and constant protection against known and unknown threats, including malicious bots that can be used to install key logging software to steal passwords and data. Intersections is a provider of branded and fully customized identity management solutions. Sana Security products offer enterprises, small businesses and consumers instant and constant protection against threats, increasingly complex attacks, data compromise and identity theft.

Intersections’ 2Q/07 Revenues Soar 43.5%

5, Country, Priority, UNITED STATESBy Robert McKinley 08/09/2007

VA-based identity management solutions specialist Intersections reported revenue for the second quarter of $65.1 million, a 43.5% increase over 2Q/06. Net income for the quarter was $1.3 million, compared to $484,000 for the first quarter but down 51.4% from the year ago quarter. The Company says top line growth in its Consumer Products and Services segment drove the revenue increase. Total subscribers increased to approximately 4.85 million as of June 30th, compared to approximately 4.63 million subscribers as of year-end 2006. Subscription revenue, net of marketing and commissions associated with subscription revenue, increased to $35.1 million for the second quarter, a 34.1% jump. For more information on Intersections’ second quarter performance visit CardData ([www.carddata.com][1]).

[1]: http://www.carddata.com

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