Hypercom Delivers Unified EMV Level 2 Implementation Across Optimum and Artema Product Platforms

Tue Nov 17, 2009 1:05am EST
 
[-] Text [+]
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

Hypercom Corporation
Pete Schuddekopf, 480-642-5383
pschuddekopf@hypercom.com
or
Hypercom Southern EMEA
Alan Moss, +34 9172 27765
amoss@hypercom.com



Copyright Business Wire 2009

 

Featured Broker sponsored link

Editor's Choice

A selection of our best photos from the past 24 hours.  Slideshow 

Most Popular on Reuters

  • Articles
  • Video