Paris, Cartes & IDentification 2009, November 16, 2009 - High security electronic transaction solutions provider Hypercom Corporation (NYSE: HYC) today announced it has been awarded the prestigious Sesame Award at Cartes 2009 for its HyperSafe Remote Key System (HRKS).
"The most effective security solutions, continual innovation and a singular focus on our customers are at the centerpiece of what we do, and this award validates our more than 30 year commitment to delivering the very best cost effective breakthrough solutions to the market," said Philippe Tartavull, Chief Executive Officer and President, Hypercom Corporation.
Hypercom HRKS: Winner of SESAME AWARD for Banking/Financial/Retail
Hypercom's Remote Key System is the industry's first standards-based remote key injection product that allows retailers to quickly and securely initiate on-site, in-store payment terminal key injection at the point-of-sale. The system offers a fast and highly secure alternative to the industry's traditional secure room key injection process.
HRKS eliminates the need for off-site secure room key injection by incorporating PKI (Public Key Infrastructure) to securely distribute symmetric 3DES keys. HRKS meets ANSI x9.24 and Visa PIN Security Guidelines for remote key management, and is FIPS 140-2 Level 3 and X509 compliant.
For further information, visit: http://www.hypercom.com/services/hypersaferemotekeysystem.aspx.
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.
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Hypercom and HyperSafe 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.
