Hypercom Expands e-Health Initiative in Germany
SCOTTSDALE, Arizona, and BAD HERSFELD, Germany, April 21, 2009 – Hypercom Corporation (NYSE: HYC) today announced that it has expanded its worldwide initiative for high security electronic health card systems with the introduction of the medMobile terminal. The ultra secure mobile device is specifically designed to support the thousands of physicians who make house calls/visits throughout Germany. This is Hypercom’s fourth healthcare device released in support of Germany’s e-Health card program. With the latest addition to its e-health product line, Hypercom becomes the only transaction solutions provider offering a complete family of high security data transaction products for Germany’s doctors, dentists, hospitals, pharmacies and other health care service providers.
“Germany is initiating a sweeping advanced technology e-health system that will speed and streamline the delivery of vital data and significantly reduce the cost of the healthcare system. Hypercom is providing state-of-the-art high security systems and our unparalleled expertise to support Germany’s migration to its new health card,” said Ulf Hönick, Vice President, Healthcare, Hypercom Corporation. “Our Germany-specific and global skill in health care data security and efficiency well positions us to expand our support for the migration to highly secure electronic health systems and programs.”
Germany’s e-Health card program is one of the largest e-Health IT projects worldwide with a planned deployment of more than 80 million electronic health insurance cards. In addition to Germany, Hypercom’s solutions facilitate electronic health care in a number of other countries including Australia, France and the United States.
Hypercom’s medMobile sets a new benchmark for mobile health care devices. The innovative terminal for physicians on the go features a high contrast graphical display, built-in PIN Pad, integrated Health Professional Card (HPC) and electronic health card (eGK) readers, long-life Li-ion rechargeable batteries and USB connectivity for fast downloads to physicians’ computers. medMobile stores up to 200 medical records. The unit supports the current German health insurance card (KVK), the new chip-based electronic healthcare card and the HPC used by doctors, dentists and other healthcare service providers. Approval of the new device, in accordance with German certification requirements, is expected within the next two months.
In addition to medMobile, Hypercom’s secure medLine product family for the German e-health card program includes the medCompact countertop, the medHybrid for data authentication and payment and the medModular unattended unit.
For an image of Hypercom’s medMobile, please visit: https://www.medline-online.com/produkte/medmobile.html.
*eGK stands for elektronische Gesundheitskarte
*KVK stands for Krankenversichertenkarte
About Hypercom (http://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 in 2008, 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.