LifeLock Enters Into Agreement With Leading Credit Bureau

LifeLock(R), the industry leader in identity theft protection, and TransUnion, a global leader in credit and information management, have entered into an agreement that will leverage TransUnion’s secure, automated processes to expedite and enhance the delivery of identity theft services that LifeLock currently provides to its members.

"Protecting consumers just became easier," said LifeLock CEO Todd Davis. "While we have been growing our company by providing a strong layer of defense against identity theft, we have been looking to develop a business solution with the credit bureaus that takes advantage of leading technology and provides our members with a process unchallenged in our industry."

Specifically, the agreement between LifeLock and TransUnion will automate and streamline the processes through which fraud alerts and opt outs are set, confirmed to be in-force and credit reports are provided for LifeLock members. These enhancements will serve to further strengthen LifeLock’s delivery of proactive consumer identity theft protection services.

"We believe in empowering consumers through education and choice," said Mark Marinko, TransUnion president of Consumer Services, "This effort will help ensure that regardless of whether consumers choose to manage their own credit directly through the services TransUnion provides or authorize LifeLock to handle those kinds of responsibilities on their behalf, their requests and personal information will be handled in a highly efficient and secure manner."

According to the 2007 Identity Fraud Survey Report by Javelin Research, 8.4 million U.S. consumers were victims of identity fraud during the 2007 calendar year.

About LifeLock(R)
Founded in 2005, LifeLock works to close many of the doors identity thieves go through to misuse personal information. Closing in on 1.5 million members, LifeLock has earned multiple awards, including the Red Herring 100 Global Award as one of the Top 100 start-ups in the world. LifeLock was the recipient of two American Business Awards for advertising in 2008, and most recently, garnered an additional award honor for advertising from the International Business Awards. LifeLock representatives are available to assist members 24 hours a day, seven days a week from the company’s secure facility in Tempe, Ariz. LifeLock (http://www.lifelock.com/) is a private company backed by Goldman Sachs, Kleiner Perkins Caufield and Byers, as well as Bessemer Venture Partners.

About TransUnion
As a global leader in credit and information management, TransUnion creates advantages for millions of people around the world by gathering, analyzing and delivering information. For businesses, TransUnion helps improve efficiency, manage risk, reduce costs and increase revenue by delivering comprehensive data, advanced analytics and decisioning. For consumers, TransUnion provides the tools, resources and education to help manage their credit health and achieve their financial goals. Through these and other efforts, TransUnion is working to build stronger economies worldwide. Founded in 1968 and headquartered in Chicago, TransUnion employs more than 3,600 employees in more than 25 countries on five continents. http://www.transunion.com/