Hypercom to Provide Staples with 6,500 High Speed Payment Terminals and Technology
Fast, Smart, Easy-Use Terminals Going to Nation’s Leading Office Supply Retailer
PHOENIX, June 11, 2003 – Global payment technology leader Hypercom Corporation (NYSE: HYC) today announced that Staples, Inc. will purchase and install 6,500 Hypercom card payment terminals and technology. This latest in a series of multi-million dollar wins for Hypercom includes the new EMV-type approved ICE™ 6000Plus with HyperSafe™ operating system security. The terminals will be installed at point-of-sale registers at Staples’ checkout counters throughout the U.S.
“Staples is a remarkable company that leads its industry through its smart operations, terrific products and customer service, and their selection of Hypercom is particularly gratifying,” said O.B. Rawls IV, president, Hypercom North America. “We know that our industry-leading smart, fast and easy-use payment technology will help Staples advance its leadership position, and we are delighted that this blue-chip, enormously recognized and respected company has selected our fast, easy-use and reliable technology and terminals over all others.”
Smart, Fast, Secure and Easy-Use Terminals = More Value for Retailers and Consumers
Businesses worldwide recognize Hypercom as the world’s premier provider of fast, high performance card payment and transaction networking technology and products. Hypercom’s Internet-enabled ICE devices are high performance, touch screen-based card payment terminals that incorporate physical security features and Hypercom`s HyperSafe operating system.
In addition to the embedded HyperSmart® payment applications, Hypercom’s ICE terminals support a range of value-added applications and services including electronic signature and receipt capture, on-screen advertising, customer-pole display, interactive electronic
coupons -- as well as secure credit, debit, EBT and EMV smart card functions. All Hypercom ICE terminals meet the latest security requirements for PIN-based transactions, including 3DES capabilities.
About Staples
Staples, Inc. is an $11.6 billion retailer of office supplies, business services, furniture and technology to consumers and businesses from home-based businesses to Fortune 500 companies in the United States, Canada, the United Kingdom, France, Italy, Spain, Belgium, Germany, the Netherlands and Portugal. Headquartered outside Boston, Staples invented the office superstore concept and today is the largest operator of office superstores in the world. The company has 58,000 associates serving customers in approximately 1,500 office superstores, mail order catalogs, e-commerce and a contract business.
About Hypercom
Celebrating its silver anniversary and 25 years of technology excellence, innovation and leadership, Hypercom Corporation is a leading global provider of electronic payment solutions that add value at the point-of-sale for consumers, merchants and acquirers, and yield increased profitability for its customers. Hypercom`s products include secure web-enabled information and transaction terminals that work seamlessly with its networking equipment and software applications for e-commerce, m-commerce, smart cards and traditional payment applications.
Hypercom`s widely-accepted Internet-enabled, consumer-activated and EMV-approved touch-screen ICE (Interactive Consumer Environment) information and transaction terminals enable acquirers and merchants to decrease costs, increase revenues and improve customer retention.
Headquartered in Phoenix, Arizona, Hypercom has shipped more than six million terminals in over 100 countries, which conduct over 10 billion transactions annually.
Contact:
Pete Schuddekopf
Hypercom Corporation
602.504.5383
pschuddekopf@hypercom.com
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