31.07.2007 13:30:00
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Hypercom Optimum T4200 Platform Earns MasterCard Security Approval
Hypercom Corporation (NYSE: HYC) today announced that its new IP-enabled
Optimum T4200 platform has gained approval under MasterCard Worldwide’s
Payment Terminal Security Program, established to ensure that IP and
wireless-based transactions meet the highest levels of security. Also
earning the high security approval are Hypercom’s
mobile Optimum M4100 (the "Blade”)
and the Optimum L4100, L4200 and L4250 multi-lane products.
With these latest approvals, all Hypercom countertop, multi-lane and
mobile terminals introduced since 2005 meet MasterCard’s
requirements. Last September, Hypercom’s
Optimum T4100 countertop terminal became the industry’s
first payment device to meet MasterCard’s
rigorous security standards.
To earn MasterCard’s approval, the products
passed tests demonstrating that they protect transaction and cardholder
data exchanged between the terminals and servers that the terminals
communicate with, using encryption algorithms approved by MasterCard to
guard against attacks such as eavesdropping, traffic injection, or
device masquerading. The tests were conducted by an independent,
accredited lab recognized by MasterCard. The results were reviewed by
MasterCard before the approvals were granted.
The latest MasterCard approvals add to a long list of security
designations received by Hypercom’s newest
Optimum terminals, including PCI approval for secure PIN entry and EMV™
Level 1 and 2 certifications for secure EMV-compliant smart card use in
international markets. All terminals also have built-in security
features such as optional privacy shields, Triple DES encryption to
protect cardholder PINs, and Hypercom’s
exclusive RSA-based security infrastructure to prevent the introduction
of fraudulent applications or competitor "slamming.” "Merchants around the world can deploy our
Optimum terminals with even greater confidence in the integrity of the
data that passes through their payment systems,”
said Gregory Boardman, Vice President, Countertop Products, Hypercom
Corporation. "This is yet another competitive
advantage for our high-performance Optimum product line.”
Hypercom’s recently introduced Optimum T4200
family consists of six 32-bit multi-application terminals with a
consistent "look and feel”
and 19-key keypad layout. The series includes three EMV and three
non-EMV models; with dial only, Ethernet/SSL/dial backup, and wireless
GSM/GPRS/dial backup connectivity available in each category.
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, 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, 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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