Hypercom’s <i>SmartPayments</i> Payment Processing Suite Is Certified for Windows Vista
Compatibility with Windows Vista-Based PCs Offers Enhanced Security
PHOENIX, June 14, 2007–Hypercom Corporation (NYSE: HYC) today announced that its SmartPayments™ solution suite has become the first electronic payment processing software to pass certification tests ensuring compatibility with Windows Vista. The Hypercom SmartPayments Client and SmartPayments Server product lines have earned the “Certified for Windows Vista” designations from Microsoft Corp.
The certified for Windows Vista logo helps ensure that Hypercom SmartPayments products work smoothly with Windows Vista-based PCs and enable merchants to make full use of the new security features and other enhancements of the new Microsoft operating system. Hypercom SmartPayments products still maintain their certifications for earlier-generation operating systems, including Microsoft Windows XP and Windows Server 2003.
“Products that carry the Certified for Windows Vista logo have met explicit standards of reliability and quality, and have been tested and proven to deliver a superior experience with Windows Vista,” said Dave Wascha, Director of Windows Client Product Management at Microsoft Corp. “We are pleased that the Hypercom SmartPayments solution suite carries the Certified for Windows Vista logo and takes advantage of the new technologies available in Windows Vista.”
“These certifications demonstrate our commitment to providing best-in-class payment processing solutions to merchants, keeping pace with their network infrastructure needs and providing optimal security,” said Bill Pittman, Vice President, Hypercom Payment Solutions. “By combining Payment Applications Best Practices certification from the card issuing associations with support for Windows Vista security upgrades, our SmartPayments suite offers an excellent defense against spyware, malware and data theft.”
Hypercom’s SmartPayments solution suite provides a secure, scalable platform for easily integrating payment processing solutions with point-of-sale, accounting/billing, Customer Relationship Management (CRM) and Internet shopping cart systems. Native support for XML Web Services permits cross-platform integration with Windows, Linux®, AS/400 and other applications, simplifying deployment and administration and minimizing the total cost of ownership. SmartPayments products can process credit, debit, Electronic Benefits Transfer (EBT), electronic check services and gift/loyalty cards; support signature and check image capture and receipt retrieval for chargeback protection; interface with any client-side device including a PC, payment terminal, PIN pad, card reader or kiosk; and equip mid-sized merchants with large-store payment functionality.
SmartPayments Client adds electronic payment processing capabilities to any PC-based POS system, serving the growing number of retailers who are replacing traditional cash registers with software solutions that can not only record sales but also manage inventory, track customer information, and connect to back-office accounting systems. It captures electronic payment information either from a keyboard entry or PIN Pad, passes it to the integrated POS system, and routes transactions to SmartPayments Server or a third-party payment processor.
SmartPayments Server is a complete electronic payment processing solution that combines a comprehensive front-end payment application for retail, restaurant, mail-order/telephone-order and Internet transactions with a centralized transaction processing gateway that can run as an inexpensive in-store controller for smaller merchants, at corporate headquarters of multi-store operations, or in datacenters that process payments for multiple businesses. The product has a built-in browser-based virtual terminal for anytime/anywhere management by merchants or ISO/resellers.
Both SmartPayments products run on Windows XP, Windows 2003 and Windows 2000 operating systems, as well as Windows Vista.
About Hypercom (http://www.hypercom.com)
Global payment technology leader Hypercom Corporation (NYSE: HYC) delivers a full suite of high security, end-to-end electronic payment products 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, healthcare, prepaid, unattended and many other markets. Hypercom solutions enable businesses in more than 100 countries to securely expand their revenues and profits.
Hypercom is a registered trademark of Hypercom Corporation. SmartPayments is a trademark 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 performance, product sales, revenues and profits. 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; the performance of suppliers and subcontractors; 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. 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.