Hypercom and Netbanx To Provide Internet-based POS Payment Solutions For `Clicks and Mortar' Retailers

Business Wire, May 22, 2000

Business Editors/High Tech Writers

Internet World UK 2000

LONDON--(BUSINESS WIRE)--May 22, 2000

Merchants Can Now Deliver an Array of New Services at the

Point-of-Sale

(Hypercom Corporation: NYSE: HYC) -- Netbanx, the UK's most popular and established Internet payment gateway operator will provide Hypercom ePic ICE(TM) 5500 Internet-enabled card payment web appliances to UK "bricks & mortar" retailers operating virtual storefronts. Under the terms of the agreement, Hypercom's newly-formed ePicNetz(TM) subsidiary will also act as an Application Service Provider (ASP) to these "clicks & mortar(TM)" merchants. Netbanx (www.netbanx.com) provides a high security on-line card processing service to e-tailers which has been certified by all leading British banks. Hypercom(R) is a global provider of electronic payment solutions.

"Many of our clients operate in both the real and virtual worlds of retailing and want advanced, unified, payment solutions that can work seamlessly together and promote cross traffic between their differing types of storefronts," says "Mr Howard Elsey, Sales and Marketing Manager, Netbanx who continues: We selected Hypercom's ePic ICE 5500 because in addition to it being the most technically advanced point-of-sale terminal on the market, multiple additional services can be launched because it is an Internet-enabled device. The flexibility of the Hypercom solution allows merchants to draw customers to their on-line sites and advertise special promotional offers to them."

Hypercom's ePic (ePOS-infocommerce(TM)) ICE 5500 brings touch screen, graphic display technology to a flexible, economical point-of-sale terminal. Packed with value-added features, Hypercom's ePic applications and ICE 5500 terminal platforms form a multi-function payment system incorporating high-speed communications using Hypercom's FastPOS(TM) modem technology and screen-based operation. When used in concert with Hypercom's ePicPortz(TM) software, the ePic ICE 5500 enables merchants to access a range of Internet-based services including: e-mail, on-screen advertising, interactive electronic coupons, electronic receipt capture and merchant e-commerce functions.

"Hypercom's ePic strategically converges the physical and virtual worlds, and transforms POS terminals into information delivery and program access platforms with which merchants can leverage the power of the Internet to provide consumers with an array of new services," comments Jairo E. Gonzalez, Senior Executive Officer, Hypercom Corporation. "We are pleased to join Netbanx in introducing these new services to UK retailers."

"Hypercom's Internet-enabled ICE 5500 card payment web appliance is the most technically-advanced, easy-to-use and value-packed electronic transaction terminal available," comments Ted Satchell, Senior Vice President - EMEA for Hypercom Corporation. "It is an ideal platform for Netbanx to offer to retailers as it supports both the Internet and smart cards."

Netbanx is part of the NetInvest Group of companies that has been established to provide a full range of Internet services to UK companies wanting to capitalise on the benefits achievable via the Web - including a high security on-line card processing service to e-tailers which has been certified by all leading British banks. Netbanx is the most popular and established UK Internet payment gateway. The company also operates the UK's largest on-line shopping mall - www.centreshop.com and ePoints an electronic loyalty program for merchants and Internet shoppers. Additional NetInvest subsidiaries provide web site development, hosting services, domain name registrations and telecommunications services.

Hypercom Corporation (NYSE: HYC) is the global provider of end-to-end electronic payment solutions, including card payment systems, peripherals, network products, software and e-commerce payment solutions that add value at the point-of-sale for consumers, merchants and acquirers.

Headquartered in Phoenix, Arizona, Hypercom markets its products in more than 70 countries through a global network of affiliates and offices. European offices are located in the United Kingdom, Sweden, France, Germany, Hungary, Russia and South Africa. More information on Hypercom and its products can be found at www.hypercom.com.

Hypercom is a registered trademark of Hypercom Corporation. ICE, "clicks & mortar", ePOS-infocommerce, ePicPortz, FastPOS and ePicNetz are 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.

Certain matters discussed within this press release are forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. Although management of Hypercom believes the expectations reflected in such forward-looking statements are based on reasonable assumptions, it can give no assurance that its expectations will be attained. Factors that could cause actual results to differ materially from expectations include industry, competitive and technological changes; risks associated with international operations and foreign currency fluctuations; the composition, timing and size of orders from and shipments to major customers; inventory obsolescence; market acceptance of new products and other risks detailed from time to time in Hypercom's SEC reports, including the company's 10-K dated March 30, 2000.