Hypercom Brings EMV Card Payment to Dubai’s Metro

Hypercom Corporation (NYSE: HYC) today announced that it has completed the full EMV certification of all of its Artema Modular self-service payment systems and Artema Compact countertop terminals across 49 Dubai Metro stations to speed ticketing for 4 million passengers per month. The EMV certification means that travelers on Dubai’s urban railway network will benefit from secure and convenient payment using their chip and PIN cards.

"This latest certification reinforces our leadership position in self-service payment technology, our leadership in metro and rail ticketing systems, and brings new levels of speed and convenience to hundreds of thousands of travelers,” said Brian J. Stobo, Vice President, Middle East and Africa, Hypercom Europe.

Thales, the integrator in charge of the Dubai Metro fare collection system, selected Hypercom’s self-service and countertop payment systems for this implementation. Laurent Eskenazy, bids and system director for revenue collection systems of Thales, explains, "Demand for future-proof self-service systems is accelerating globally, enabling consumers to benefit from round-the-clock access to goods and services. With Hypercom, we are bringing state-of-the-art self-service ticketing throughout Dubai’s premier metro system.”

Hypercom’s Artema Modular unattended payment system has become the product of choice for integrators and operators of self-service systems throughout Europe. At toll roads, parking meters and ticketing machines, Artema Modular provides a rugged and reliable card payment solution that has been designed to ensure the highest levels of transaction security.

About Hypercom

Global payment technology leader Hypercom Corporation 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, petroleum, 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 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, 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 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