Hypercom Global Partners Summit -- Hypercom Corporation (NYSE:
HYC) today announced the expansion of its Optimum family of 32-bit
multi-application electronic payment terminals with a new global
countertop platform featuring the highest security, largest memory and
broadest feature set of any countertop device family of its kind. The
new PCI PED-approved Optimum T4200 family will be available in three
EMV and three non-EMV models, including a dial only model,
Ethernet/SSL with dial backup and wireless GSM/GPRS connectivity also
with dial backup. The new products can be used in either
merchant-facing or hand-over payment environments to meet the varying
requirements of global merchant markets.
The six Optimum T4200 models share the same compact form factor
including a 19-key keypad layout. They also each offer faster
transaction processing, a higher-resolution display and a faster modem
than competitive units. They join a full array of high-performance
Optimum countertop, multi-lane, wireless and portable terminals that
have been adopted by leading banks, retailers and independent sales
organizations around the world since Hypercom introduced its first
32-bit Optimum product in 2004.
"This new Optimum countertop platform beats every competitive
product on a feature-for-feature basis, and has more capabilities for
the price than any other countertop terminal in the industry," said
Gregory Boardman, Vice President, Countertop Products, Hypercom
Corporation. "With these six new terminals, we now have a full line of
32-bit products that offer a migration path from older products for
any single-lane, multi-lane or mobile merchant anywhere in the world."
All six models in the new Optimum T4200 series incorporate a crisp
160 x 80 pixel monochrome display, come standard with 24MB of memory
that is four to eight times larger than similar products, and can
quickly and efficiently process debit, credit, smart card and
value-added transactions such as gift/loyalty and dynamic currency
conversion. At just 8 1/4" long, 3 1/2" wide and 2 1/2" high, they are
smaller than many competitive devices, conserve space on the retail
counter, and are small enough for use in hand-over implementations.
Other key features include:
-- High performance -- All six units are built around a 32-bit
ARM 9 processor. All include Hypercom's adaptive application
architecture for fast multi-application processing that
intelligently integrates all functions, and all have a fast
V.34 modem for fast dial downloads or dial backup to IP and
wireless. All models share the same user interface and
software toolkit to maximize efficiency and offer customers a
broad range of options to serve any market need.
-- High security -- The PCI PED (Payment Card Industry - PIN
Entry Device) approved Optimum T4200 platform also offers an
optional privacy shield, supports DES and Triple DES DUKPT
encryption to protect cardholder PINs, and utilizes Hypercom's
exclusive RSA-based security infrastructure to prevent the
introduction of fraudulent applications or competitor
"slamming." This feature is already in operation with the
Optimum T4100 series and has effectively reduced terminal
attrition without the need for a proprietary device that is
limited to specific hosts.
-- Global capabilities -- The new platform offers three models
with integrated smart card readers. The T4200 series meets
both EMV Level 1 and 2 global payment standards. The easy
hand-over form factor is especially useful for regions that
need this capability. All models are also compliant with the
RoHS (Restriction of the Use of Certain Hazardous Substances)
requirements of the European Union. It also will meet Canada's
Interac standard for exchanging electronic financial
transactions as well as EPSCO and China RoHS for Asian
markets.
-- Easy use, installation and administration -- The Optimum T4200
series features an easy-to-use 19-key keypad, a fast roll
thermal printer, Hypercom's exclusive wizard-style user
interface for faster and more accurate terminal configuration,
and the company's integrated IP diagnostic application with an
embedded help system to aid effective installation and
troubleshooting of IP connectivity while reducing the number
of help desk calls and reducing terminal replacements. It also
offers an SNMP option for remote monitoring of terminal
networks. The support tools and customer designed interface
translates into one of the lowest total costs of ownership for
devices of its kind.
-- Modular connectivity for easy upgrades - The communications
capability in each terminal (dial only, Ethernet/SSL with dial
backup for broadband connections, or GSM/GPRS with dial backup
for wireless use) is provided in a depot upgradeable module.
Each terminal also incorporates connections for external PIN
Pads, and an RS-232 port for external contactless and check
readers.
The Optimum family already includes an array of PCI PED-approved
terminals for single-and multi-lane retailers, including the M4100
Blade, the industry's smallest and first truly mobile payment
terminal; P4100, the first universal touchscreen PIN entry device that
accepts contactless, EMV smart card or magnetic stripe card-based
transactions; P1300, the first PCI PED-approved handheld PIN Pad; and
L4200 and L4250, the first PCI PED-approved multi-lane payment
products with an out-of-the-box, plug and play capability not
requiring add-on components.
The six Optimum T4200 models are expected to be available for
volume shipments in the third quarter.
About Hypercom (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 and Optimum & 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. 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 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. HYCP
