/news

Mar 10, 2010, 9:26am

Hypercom Continues to Expand ZKA Certified Product Portfolio in Germany

Hypercom Corporation (NYSE:HYC) today announced an expanded portfolio of high security payment and digital transaction solutions validated in compliance with the EMV POS specification of Germany’s Central Credit Committee, the Zentraler Kreditausschuss (ZKA).

With ZKA approval of the already-approved Artema Hybrid, now configured with cardholder-facing S10 PIN Pad, Hypercom strengthens its position as the leading provider of payment and digital transaction solutions to the German market. The latest approval follows ZKA certification in May 2009 for Hypercom’s Optimum T4200 countertop terminals with options for ISDN, TCP/IP and GPRS connectivity, as well as the M4240 Bluetooth and M4230 GPRS mobile models, all with integrated smart card readers. In 2008, Hypercom’s Artema Hybrid became the first device to be awarded ZKA TA 7.0 approval for the German Electronic Cash card scheme.

“With the Artema Hybrid and S10, we are bringing more easy-use products to consumers and high speed, high performance payment products to Germany’s important retail banking sector, allowing retailers to expedite the fast and secure transmission of critical transaction data,” said Peter Vesco, Managing Director, Northern Europe, Hypercom Corporation.

Some 250,000 Artema Hybrid terminals have been deployed in Germany, and this latest certification of the terminal combined with S10 PIN Pad adds significantly to the nationwide deployment of the ZKA’s new Technical Appendix (TA) 7.0 chip-based standard.

Additional resources: http://www.hypercom.com/products/ArtemaHybrid.asp

About Hypercom (www.hypercom.com)

Global payment technology leader Hypercom Corporation delivers a full suite of high security, end-to-end electronic payment products, software solutions and services. The Company's solutions address the high security electronic transaction needs of banks and other financial institutions, processors, large scale retailers, smaller merchants, quick service restaurants, and users in the transportation, petroleum, healthcare, prepaid, self-service and many other markets. Hypercom solutions enable businesses in more than 100 countries to securely expand their revenues and profits. Hypercom is a founding member of the Secure POS Vendor Alliance (SPVA) and is the second largest provider of electronic payment solutions and services in Western Europe and third largest provider globally.

Hypercom and Artema are registered trademarks of Hypercom Corporation. All other products or services mentioned in this document are trademarks, service marks, registered trademarks or registered service marks of their respective owners.

This press release includes statements that may constitute forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995, including statements regarding market acceptance of new products, product capability and performance, product competitiveness, product sales, revenues and profits, market share, and expected acquisition results and benefits. These forward-looking statements are based on management’s current expectations and beliefs and are subject to risks and uncertainties that could cause actual results to differ materially from those described in the forward-looking statements. In particular, factors that could cause actual results to differ materially from those in forward-looking statements include: industry, competitive and technological changes; the loss of, and failure to replace any significant customers; the composition, timing and size of orders from and shipments to major customers; inventory obsolescence; market acceptance of new products and services; compliance with industry standards, certifications and government regulations; the performance of suppliers, contract manufacturers and subcontractors; the ability to successfully integrate the technologies, operations and personnel of acquired businesses in a timely manner; the ability to obtain the expected strategic and financial benefits from acquisitions; risks associated with international operations and foreign currency fluctuations, the state of the U.S. and global economies in general and other risks detailed in our filings with the Securities and Exchange Commission, including the Company's most recent 10-K and subsequent 10-Qs and 8-Ks. Forward-looking statements speak only as of the date made and are not guarantees of future performance. We undertake no obligation to publicly update or revise any forward-looking statements. HYCP

Powered by Businesswire

Comments

Post your comment

Comments

No one has commented on this page yet.

RSS feed for comments on this page | RSS feed for all comments

Follow PYMNTS.com