Business Editors/High-Tech Editors
SCOTTSDALE, Ariz. & TORONTO--(BUSINESS WIRE)--July 22, 2008--Hypercom Corporation (NYSE: HYC) and MSC, a wholly owned subsidiary of Moneris Solutions Corporation, today announced that Hypercom's Artema Modular unattended payment terminal with MSCâs PIN Pad API has received Interac Association Chip 2.0 PED Device Certification for use within the Interac Direct Payment (IDP) network. The Artema Modular is sold by MSC as the K800. The new certification from Canada's leading electronic payment association means that integrators can use the device securely in all types of indoor and outdoor vending and ticketing machines, and multi-media kiosks.
The Artema Modular has already received several other international certifications including PCI PED, EMV Level 1 & 2 and ZKA and is compliant with the European Unionâs RoHS (Restriction of Hazardous Substances) requirements. The terminal incorporates a complex, multi-layered security system to ensure sensitive data is protected throughout the transaction, as well as a metal keypad and card reader bezel that provide top level protection against vandalism.
MSC is singularly focused on providing payment solutions to Canada's acquirers, integrators and retailers that incorporate the highest security and broadest features. "We are able to provide these solutions by combining MSC's software services and support with Hypercom's Artema Modular and Optimum card payment terminals," said Douglas Hatton, Vice President Payment Solutions, MSC.
"There is an increasing demand for high security self-service payment solutions, and we are meeting that demand head on with Artema Modular," said Paul DeRosse, Country Manager, Hypercom Canada. "Interac Association Chip PED Device Certification together with this product's established performance and security credentials give integrators, vending and ticketing operators a rugged, highly functional device that will protect their investment in unattended card payments."
Hypercom's rugged Artema Modular includes a motorized or manual card reader, main controller and secure PIN Pad that can be integrated with vending and ticketing machines or multi-media kiosks. The high security payment solution features a durable all-climate keyboard, an easy-to-read backlit display and multiple communications options.
The market for self-service payments is growing rapidly throughout Canada, driven by the introduction of EMV chip cards for credit and debit transactions, and the Artema Modular / K800 provides the ideal solution for machine integrators and operators alike.
MSC, a wholly owned subsidiary of Moneris Solutions Corporation, provides point-of-sale (POS) service and support to small and large customers across Canada, as well as providing technical service and support to a number of leading Canadian acquirers, solution providers and merchants. For more information contact POSsales@msPOScorp.com or call 1-800-948-9929.
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, Optimum & Design and Artema 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, 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
Hypercom CorporationPete Schuddekopf, email@example.comHigh Road Communications for MSCSharon Lassman, firstname.lastname@example.orgCasey Sayre & Williams for HypercomCarolyn McEwen, email@example.com
State Keywords: ArizonaIndustry Keywords: Technology; Hardware; Professional Services; Banking; Retail; Other RetailSource: Hypercom Corporation
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