Hypercom Delivers Unified EMV Level 2 Implementation Across Optimum and Artema Product Platforms
PARIS–(BUSINESS WIRE)– CARTES & IDentification 2009 — Hypercom Corporation (NYSE: HYC) today announced that it is now delivering a common, unified EMV Level 2 implementation across its major product lines. Effective immediately, the company’s Optimum and Artema product platforms, both of which are EMV 4.2a Level 2 type approved, are using the exact same software kernel. The implementation includes Optimum and Artema countertop, mobile and unattended terminals. This initiative ensures a consistent user experience globally using these newly certified products with faster certification, streamlined application development and quicker time to market.
“Wherever an EMV payment card is presented at any Hypercom payment device in any location around the world, all participants in the value chain can be assured of the same high quality experience,” said Stephen Downie, Head of the EMV Centre of Excellence at Hypercom. “Achieving this common unified implementation across our different products and platforms helps ensure that we deliver the fastest time to market to our customers.”
For additional information, please visit http://www.hypercom.com/products/.
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. 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, Artema and Optimum and 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 certifications, product sales, revenues and profits, 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; 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