26.06.2008 13:30:00
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Hypercom's medCompact is First Terminal to Complete Functional Testing for Germany's New Electronic Health Card
Hypercom Corporation (NYSE: HYC) today announced that its medCompact has
become the first healthcare terminal to pass e-Health BCS (Basic Command
Set) functional tests required by Gematik, the German healthcare
organization. medCompact will be deployed in significant volume in the
second half of this year as part of the migration to the country’s
new health card. Germany’s e-Health card
program is one of the largest IT projects worldwide with a planned
deployment of more than 80 million electronic health insurance cards.
"The successful functional testing of
medCompact marks a significant milestone in the launch of our new
medline portfolio,” explains Frank Büttner,
Healthcare Director at Hypercom. "Crossing
this important hurdle moves us to the forefront of the new health card
introduction.”
Hypercom’s medCompact is designed to process
both the current German health insurance card (KVK1)
and the new electronic healthcare card (eGK2).
The terminal, which will be installed in doctor’s
practices and hospitals, was launched in test regions earlier this year
and has been well received by software integrators and medical
practitioners alike.
Hypercom’s medCompact sets new standards for
health card devices. With a large, high contrast display and embossed
keys, it provides an intuitive and highly secure authentication system
for all service providers in the healthcare industry. In addition to
accepting patient cards, it accommodates up to eight different medical
practitioner cards, making it well suited to environments where several
health care professionals operate at the same time.
Access to the Gematik site and related documents can be found at: http://www.gematik.de/(S(qdbjng2ynmg5bauyejojzq45))/Hersteller_
Kartenterminal_Thales_GmbH.Gematik.
(Due to its length, this URL may need to be copied/pasted into your
Internet browser's address field. Remove the extra space if one exists.)
For additional information on Hypercom’s
medCompact terminal, please visit: http://www.hypercom.com/solutions/medCompact_GM.pdf.
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 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.
1 KVK stands for Krankenversichertenkarte.
2 eGK stands for elektronische Gesundheitskarte.
Hypercom is a registered trademark 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, 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
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