Hypercom medCompact is First Terminal approved for Germany’s New Electronic Health Card
Approval Paves the Way for National Rollout
SCOTTSDALE, AZ and BAD HERSFELD, GERMANY, September 22, 2008–Hypercom Corporation (NYSE: HYC) today announced that its medCompact is the first healthcare terminal to receive e-Health BCS (Basic Command Set) approval from Gematik, the German healthcare organization. Starting next month, the device will be available in significant volumes as part of the introduction of the country’s new health card. Germany’s e-Health card program is one of the largest IT projects worldwide with a planned deployment of more than 80 million electronic health insurance cards.
“This is a first for Hypercom, a first for the electronic transaction industry and a significant step forward in the launch of Germany’s new health card infrastructure,” says Frank Büttner, Vice President e-Health at Hypercom. “With this certification, healthcare providers can purchase an e-Health BCS-approved medCompact high security authentication device, and according to the announcements of the health care self administration doctors and hospitals will be reimbursed for their investment in e-Health BCS terminals.”
Hypercom’s medCompact is designed to process both the current German health insurance card (KVK1) and the new electronic healthcare card (eGK2). The terminal complies with the upcoming e-Health (SICCT3) standard and can easily be connected to medical practitioner, hospital and pharmaceutical IT systems.
Hypercom’s medCompact sets new standards for health card devices. With a large, high contrast display and embossed keys, it provides an intuitive and highly secure authentication system for patients and healthcare service providers. In addition to accepting patient cards, it accommodates up to eight different medical practitioner cards, making it well suited to environments where several health care professionals operate in the same location.
For additional information on Hypercom’s full line of healthcare terminals, please visit: www.medline.hypercom.com or http://www.hypercom.com/solutions/medCompact_GM.pdf.
For information on potential reimbursement please visit: http://www.kbv.de/presse/11710.html
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, 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.
1 KVK stands for Krankenversichertenkarte.
2 eGK stands for elektronische Gesundheitskarte
3 Secure Interoperable Chip Card Terminal