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Intermarche Selects Hypercom for Payez Mobile Contactless Trial

Business Wire, Nov 3, 2008

PARIS -- Cartes & IDentification 2008 - Hypercom Corporation (NYSE: HYC) today announced that Intermarche, one of France's leading retailers with almost 1,500 retail outlets, has installed and is successfully using Hypercom's Wymix[R] PIN pad with contactless reader as part of the Payez Mobile trial for NFC payments in two test sales outlets in Caen and Strasbourg. The Payez Mobile trial was launched in November 2007 by seven major banks and three mobile operators in France united in the Association Europeenne Payez Mobile. It has confirmed that there is a significant consumer interest in payment by mobile phone.

"Our top priority is to create the best shopping experience for our consumers and we are doing that with Hypercom's Wymix contactless PIN pad," said Hugues Poingant, Intermarche operators in charge of payment for Les Mousquetaires, Intermarche. "Contactless payment offers an innovative, simple, fast and convenient alternative at the checkout, and we are pleased to participate in this important trial."

"Intermarche's use of Hypercom's high security contactless payment product, fully integrated with the Wynid[R] server-based payment solution, brings added convenience for consumers who want the speed and security of faster check-out lines," said Kazem Aminaee, Managing Director, Southern Europe, Hypercom Corporation.

Hypercom's Wymix PIN pad incorporates a chip card and magnetic stripe reader designed for integration with cash register systems at the point of sale. Already used at many thousands of points of sale throughout France, the Wymix has recently been upgraded to support payment with contactless cards or NFC-enabled phones. For additional information please visit http://www.hypercom.com/products/wymix.asp

About the Groupement des Mousquetaires

With almost 4,000 sales outlets in Europe and a turnover of 32.7 billion euros in 2007, Les Mousquetaires are one of France's major multi-lane retailers. Founded in France in 1969, this Group of independent operators is based on a private initiative and consists of more than 3,000 independent operators and 130,000 employees. Les Mousquetaires are also present in Portugal, Spain, Belgium, Poland, and in the Balkans. Its brands are Intermarche, Ecomarche, Veti, Roady and Restaumarche.

By ensuring the best ratio of quality to price, Les Mousquetaires puts the consumer in the heart of their considerations.

About Hypercom (www.hypercom.com)

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. With its acquisition of Thales e-Transactions business earlier this year, Hypercom became the second largest provider of electronic payment solutions and services in Western Europe, and solidified its position as the third largest provider globally.

Hypercom, Wymix and Wynid 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 and services, capability, security, competitiveness and performance of products and services, the Company's financial results, market share, and expected acquisition results and benefits. 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; the performance and security of the Company's products and services; compliance with industry standards, certifications and government regulations; the performance of suppliers, contract manufacturers and subcontractors; the ability to successfully integrate the technologies, operations and personnel of acquired businesses in a timely manner; the ability to obtain the expected strategic and financial benefits from acquisitions; 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 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

 

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