Jewelry Television(TM) Finds Payment Processing Engine in Litle & Co.

Jewelry Television(TM) Finds Payment Processing Engine in Litle & Co.

$500 Million Home Shopping Network Chooses Litle for Payment Management Solutions

LOWELL, Mass., Oct. 24 /PRNewswire/ -- Litle & Co. today announced its selection by Jewelry Television(TM), a $500 million home shopping network, as the transaction processing and payment management engine for the network and its companion web site, www.jtv.com -- a top five online jewelry retailer according to Internet Retailer.

"Litle & Co.'s passion for consumer-direct business is reflected in service and technology platforms that recognize the precision that we need to support our growth," said Lisa Tennant, vice president, cash management and merchant services, Jewelry Television. "Our implementation experience was seamless and transparent, critical needs for a business like ours on the move."

"It's a privilege to serve Jewelry Television, an early leader of direct response television and e-commerce," said Tom Litle, president and CEO, Litle & Co. "Looked at strategically, payment management is a critical component of enabling efficient scaling of direct businesses. Litle & Co.'s growth is evidence of this, and we look forward to doing whatever we can to contribute to Jewelry Television's continued growth."

About Jewelry Television

Jewelry Television(TM), along with www.jtv.com, is the nation's fastest- growing home shopping network, focusing exclusively on the sale of fine jewelry and loose gemstones. Jewelry Television airs live programming 24 hours a day, seven days a week. The network is the 11th largest fine jewelry retailer in the United States according to National Jeweler.

Industry experts host Jewelry Television programming, bringing rare, beautiful and affordable merchandise to people everywhere. Many of the on-air hosts hold Accredited Jewelry Professional certifications and even Graduate Gemologist degrees from the Gemological Institute of America. Jewelry Television shows can be viewed live from www.jtv.com, which contains all merchandise for sale and a Learning Library with informative videos and articles about gemstones.

Headquartered in Knoxville, Tennessee, Jewelry Television acquired Shop At Home in 2006, including its popular branded line, Bella Luce. Jewelry Television's annual revenues are approximately $500 million.

About Litle & Company

Litle & Co. is a leading provider of card-not-present transaction processing, payment management and merchant services for businesses that sell directly to consumers through catalog, direct response television (DRTV), recurring payment and e-commerce channels. Founded in 2001, and based in Lowell, Mass., Litle & Co. is in high-growth mode-acknowledged by No. 1 rankings on both the Deloitte New England Technology Fast 50 and the Inc. 500 in 2006.

   Media Contact:   John Stevens   Litle & Co.   978-275-6620   jstevens@litle.com  

First Call Analyst:
FCMN Contact:

Source: Litle & Co.

CONTACT: John Stevens of Litle & Co., +1-978-275-6620,
jstevens@litle.com

Web site: http://www.litle.com/
http://www.jtv.com/

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Profile: International Entertainment