Hypercom
Corporation (NYSE: HYC) today announced that Everlink
Payment Services Inc., a leading provider of integrated payment
solutions and services in Canada, has Class A certified Hypercom’s high
security SPOS32
payment software application V3.3 which supports both MSR1/EMV
transactions and Everlink’s MFC2 POS Specification on the
Optimum T4200 countertop and M4200 mobile product family. With this
certification, local Everlink distributors can now order Hypercom
systems, considerably increasing the number of Canadian Independent
Sales Organizations (ISOs) that can purchase Hypercom’s products.
"Everlink Payment Services is singularly focused on providing Canada’s
processors, banks, credit unions, ISOs and merchants with the highest
quality and most robust card payment systems available. Hypercom's new
Optimum EMV line is a perfect fit for this high priority focus,” said
Jim Hackett, Vice President, Business Development, Everlink Payment
Services Inc.
"Everlink’s certification opens the door for more businesses to use
Hypercom’s Optimum products and will significantly strengthen our high
security product footprint in Canada. Optimum sets the benchmark for
electronic payments through advanced security features that provide a
safe shopping experience for consumers, dependability for merchants and
the lowest total cost of ownership for customers,” said Brent Smith,
Country Manager, Hypercom Canada. "SPOS32 is our premier, feature-rich
off-the-shelf payment application for our Optimum products. The software
will easily migrate to our next generation products, has an electronic
cash register interface for use by a wide range of customers, speeds up
transactions and bolsters card payment security.”
Hypercom’s high security, PCI approved and Interac-certified Optimum
fixed countertop and mobile payment terminals in Canada include the
Optimum T4210 (dial), T4220 (Ethernet with dial), T4230 (GPRS with dial)
countertop and M4230 GPRS and M4240 Bluetooth mobile card payment
terminals.
Each Optimum terminal also incorporates Hypercom’s full X509 PKI (public
key infrastructure) HyperSafe®
Secure security layer to protect the terminal and applications from
hacking and malware attacks. Protecting the operational procedures and
maintenance of payment terminals is just as important as protecting
cardholder data. Hypercom’s HyperSafe suite of security products defends
terminals from rogue applications and malware, protects the terminal
management system from communicating with fraudulent terminals and
provides the industry’s only remote key management system. The key
benefits for banks, processors and large retailers: protects their
investment in the point of sale estate; reduces the potential for
fraudulent use of terminals; and ensures the secure transport of
cryptographic keys.
About Everlink
Everlink Payment Services Inc. based in Markham, ON, is a joint-venture
company owned by FIS and Celero Solutions, and is fully compliant and
EMV certified with the Interac, MasterCard and Visa associations.
Everlink is a recognized leader in the dependable secure delivery of
Electronic Transaction Processing services, EMV Chip, Managed ATM
Services and Integrated Payment Solutions in the Canadian financial
services marketplace. Everlink is the first in Canada to instantly issue
a fully personalized, Interac and MasterCard certified EMV Chip card.
With extensive market share in the Canadian Credit Union and Bank
industry, Everlink products, solutions and services are delivered to
more than 330 credit unions, 30 schedule I, II and III banks, 4 major
Group Processors, and an ever increasing number of POS and ATM ISOs.
For more information about Everlink, visit www.everlink.ca.
About Hypercom
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.
1 Magnetic stripe reader
2 Merchant Flexible Close
Hypercom, Hypersafe and Optimum and Design 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 and market share.
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; risks associated with international
operations and foreign currency fluctuations, the state of the U.S. and
global economies in general, risks associated with the Company being
merged with and into VeriFone Systems, Inc. as contemplated by a
definitive merger agreement between the companies, and other risks
detailed in our filings with the Securities and Exchange Commission,
including the Company's most recent 10-K, as amended, 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
