Family Dollar Opts for VeriFone's MX830 and VeriShield Protect

Discount Retail Chain to Deploy New VeriFone Cardholder Security
Protection Solution and Customer-Facing Card Payment Systems
SAN JOSE, Calif.--(Business Wire)--
VeriFone Holdings, Inc. (NYSE: PAY) announced today an agreement
with discount retail chain, Family Dollar Stores, Inc. (NYSE:FDO) for
VeriFone's new card security solution, VeriShield Protect, along with
an order for VeriFone MX830 customer-facing payment systems.

Family Dollar plans to deploy the new payment systems as it rolls
out its "Store of the Future" technology program. The retail chain is
the first national brand to contract for the new VeriShield Protect
card data security program, which was developed to prevent compromise
of cardholder data even in the event of a breach.

Family Dollar is one of the fastest growing discount store chains
in the United States and over the past 10 years more than 4,000 new
stores have been added to the chain, which focuses on providing
customers with good values on basic merchandise for the family and
home in a small-box, neighborhood format.

"Credit acceptance expands payment options for our customers and
VeriFone's MX830 fits well with our focus on value and convenience,"
said Josh Jewett, CIO of Family Dollar. "Just as importantly,
VeriShield Protect ensures that our stores do not store or transmit
any consumer card account data that could be compromised."

VeriShield Protect shields credit and debit account information
from the moment a card is swiped until the data is received at a
decryption appliance located in a secure location for payment
authorization.

"Family Dollar is taking a historic step in payment card history,"
said Bud Waller, VeriFone executive vice president, Integrated
Systems. "Protecting the 'Store of the Future' with VeriShield
Protect's end-to-end encryption solution is the start of a new era in
proactive protection of consumer cardholder information."

Direct Source, Inc. of Chanhassen, MN, a retail systems deployment
specialist and VeriFone business partner, will work with VeriFone and
Family Dollar on the installation of the MX830 systems. The MX830 will
be integrated with SAP's Triversity Transactionware General
Merchandise POS system and will feature electronic signature
acceptance, credit, debit and electronic benefits transfer payments,
as well as phone card activation at the point of sale.

Additional Resources:

www.verifone.com/verishield-protect

About Family Dollar

Operating small store locations, Family Dollar is one of the
fastest growing discount retail chains in the United States. Family
Dollar offers a core assortment of name-brand and quality consumable
merchandise supplemented by fashion and seasonal merchandise at
everyday low prices.

Beginning with one store in 1959 in Charlotte, North Carolina, the
Company currently operates more than 6,500 stores in 44 states. Family
Dollar Stores, Inc., a Fortune 500 company, is based in Matthews,
North Carolina, just outside of Charlotte and is a publicly held
company with common stock traded on the New York Stock Exchange under
the symbol FDO. For more information, please visit
www.familydollar.com.

About Direct Source:

Headquartered in Minneapolis, Direct Source
(http://www.directsource.com) is a nationally recognized retail
integration and installation services provider for tier one retailers,
with an expanding network of more than 1,500 regional installation
specialists. Direct Source's flexible in-store solutions are designed
to help retailers maintain a competitive edge, improve store
productivity and customer service. Direct Source draws upon its
flexible, innovative, industry-encompassing experience to design
solutions that help clients operate faster, smarter and more
profitably.

About VeriFone Holdings, Inc. (www.verifone.com)

VeriFone Holdings, Inc. ("VeriFone") (NYSE: PAY) is the global
leader in secure electronic payment solutions. VeriFone provides
expertise, solutions and services that add value to the point of sale
with merchant-operated, consumer-facing and self-service payment
systems for the financial, retail, hospitality, petroleum, government
and healthcare vertical markets. VeriFone solutions are designed to
meet the needs of merchants, processors and acquirers in developed and
emerging economies worldwide.

VeriFone Public Relations
Pete Bartolik, 508-283-4112
pete_bartolik@verifone.com

Copyright Business Wire 2008