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July 07, 2008

Rosetta Stone Names GlobalCollect its Preferred Global E-commerce Payment Service Provider

Rosetta Stone expands its partnership with GlobalCollect, the world's
premier payment service provider of local e-payments

Amsterdam, The Netherlands -- Rosetta Stone Inc., the leading provider of language-learning software, has chosen GlobalCollect as the preferred payment service provider for its e-commerce transactions. Since 2007, GlobalCollect has successfully facilitated payment processing for both the Rosetta Stone European and Japanese e-commerce activities. Under the expanded partnership www.RosettaStone.com, the flagship website, will be added. Across all sites, customers can chose from an array of payment methods.

Jay Topper, CIO of Rosetta Stone, said: "We are pleased to expand our partnership with GlobalCollect as they continue to provide us with a consistent, integrated and cost-effective solution for managing our online payments over a single platform on a worldwide basis."

Jan Manten, CEO of GlobalCollect, added: "I'm delighted to deepen our business relationship with Rosetta Stone. With online community click-through access to CD-ROM and Online Language Learning Software for 31 different languages, Rosetta Stone is truly a global player. GlobalCollect's expertise in terms of the various customer payment preferences across the globe and a proven track record as a leading international e-payment service provider matches their needs perfectly."

About Rosetta Stone
Rosetta Stone Inc. is the leading provider of language-learning software. Acclaimed for the speed, power and effectiveness of its Dynamic Immersion® method, Rosetta Stone has revolutionized language-learning. While teaching 31 languages to millions of people in more than 150 countries throughout the world, Rosetta Stone is the key to language-learning success.  Inc. Magazine has named Rosetta Stone Inc. one of the 500 fastest-growing companies in the United States, and for the third year Deloitte and Touche has named it one of the fastest-growing technology companies in Virginia. The company was founded in 1992 on two core beliefs: that the natural way people learn languages as children remains the most successful method for learning new languages; and that interactive CD-ROM and online technology can replicate and activate the immersion method powerfully for learners of any age. The company is based in Arlington, Va. For more information, visit www.RosettaStone.com

About GlobalCollect
GlobalCollect is the world's premier Payment Service Provider of local e-payment solutions for international Card Non-Present (CNP) businesses such as internet, mail and telephone order and specializes in a wide range of industries such as travel, ticketing, telecommunications, retail, publishing, portals, online games and digital content. While most providers limit their payment services to a technical link with payment acquirers, GlobalCollect is a full-service partner providing a comprehensive service portfolio from contractual and technical solutions to local payment processors worldwide, bank account network management, matching, reporting and finally fund remittance. Through one single web-enabled technical and administrative interface, our online payment platform offers the largest range of local e-payment methods and currencies in over 200 countries, including all major credit and debit cards, direct debits, bank transfers, real-time bank transfers, e-Wallets, cash at outlets, prepaid methods, checks and invoices. 

Contact GlobalCollect
Bettina Duske
Manager PR & Marketing Communications
e-mail: press.globalcollect@globalcollect.com

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