REWE Group Deploying 30,000 Hypercom Payment Systems in 6,000 Supermarkets

Hypercom Corporation (NYSE: HYC) today announced that Cologne-based REWE Group, one of the largest retail chains in Germany, has selected and will deploy 30,000 Artema Hybrid PIN Pad payment systems within the next 30 months. Under the terms of the multi-million dollar three-year agreement, an initial deployment of 10,000 systems has just been completed. The Artema Hybrid PIN Pad replaces an incumbent provider’s product and was selected in head-to-head competition with other global payment providers.

Hypercom’s Artema Hybrid PIN Pad will work in tandem with POS Partner GmbH’s POSCardZVT point of sale terminal software. REWE-Informations-Systeme GmbH has supported and defined the solution with its partners and is overseeing the mass installation.

"We selected Hypercom because they are a recognized and competent provider of payment systems. The addition of their Artema Hybrid PIN Pad payment systems is a win-win for our customers and our company,” said Jens Siebenhaar, Managing Director of REWE-Informations-Systeme GmbH.

"Leading retailers today demand high speed, high performance payment systems that expedite the fast and secure transmission of vital transaction data, and that is exactly what Hypercom delivers,” said Peter Vesco, Managing Director, Northern Europe, Hypercom Corporation. "REWE Supermarket’s selection of Hypercom speaks to our company and products’ competitive advantages and reinforces our already significant footprint in this important market.”

Some 300,000 Artema Hybrid systems have been deployed in Germany alone, and the product has set a new standard in the market for fast and reliable card payments. Artema Hybrid features a single slot "hybrid” card reader and secure integrated PIN Pad for magnetic stripe and chip card transactions. It was the first terminal to be certified according to the TA 7.0 chip-card specifications, recently introduced by the Zentraler Kreditausschuss (ZKA) German banking association.

About REWE Group (www.rewe.de)

The REWE Group is an international company with more than 320,000 employees serving the retail and tourism sectors in 16 European countries. REWE Group sales exceed EUR 50 billion.

REWE Group’s goal is to expand its food trading and travel core businesses and achieve sustainable profitability. To achieve these goals, strategic business units and responsibilities have been defined and new reporting processes support the management of each unit. As part of a structural reform, the REWE Group has introduced a category management (CM) unit to unite purchasing and sales. There is a clear split of responsibilities between purchasing, sales and category management, with a focus on the core business units discounter and full range retailer as well as clearly defined responsibilities between regional and central offices. The new organization of the company’s product line is more customer-oriented, enabling not only speed and efficiency in decision making and processing; but also facilitating an increased quality of the products.

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