High Security Multi-Application Device Expands Market for Hypercom

LAS VEGAS, ETA Annual Meeting & Expo, April 20, 2006–Hypercom Corporation (NYSE: HYC) today introduced the new P4100 PIN Pad, the first universal RF-enabled multi-application PIN entry device designed to meet the rigorous new PCI (Payment Card Industry) security standards established by Visa International and MasterCard International to protect consumers at the point-of-service. The sleek, compact device easily integrates with Hypercom, VeriFone and Ingenico card payment terminals as well as leading electronic cash register systems, allowing retailers to quickly take advantage of the increase in PIN-based and contactless card transactions.

“The P4100 enables merchants worldwide to seamlessly support issuer mandated software applications and, at the same time, immediately bring contactless payments to the retail countertop,” said Neil Hudd, senior vice president, Global Product Development and Marketing, Hypercom Corporation. “This device delivers highly secure PIN entry for consumers using debit cards, Electronic Benefit Transfer (EBT) and other PIN-based forms of payment while meeting the tightest requirements to safeguard sensitive data.”

Key features of the P4100 include:

LAS VEGAS, ETA Annual Meeting & Expo, April 20, 2006–Hypercom Corporation (NYSE: HYC) today introduced the new P4100 PIN Pad, the first universal RF-enabled multi-application PIN entry device designed to meet the rigorous new PCI (Payment Card Industry) security standards established by Visa International and MasterCard International to protect consumers at the point-of-service. The sleek, compact device easily integrates with Hypercom, VeriFone and Ingenico card payment terminals as well as leading electronic cash register systems, allowing retailers to quickly take advantage of the increase in PIN-based and contactless card transactions.

“The P4100 enables merchants worldwide to seamlessly support issuer mandated software applications and, at the same time, immediately bring contactless payments to the retail countertop,” said Neil Hudd, senior vice president, Global Product Development and Marketing, Hypercom Corporation. “This device delivers highly secure PIN entry for consumers using debit cards, Electronic Benefit Transfer (EBT) and other PIN-based forms of payment while meeting the tightest requirements to safeguard sensitive data.”

Key features of the P4100 include:

• Contactless ISO 14443-compliant RF reader that supports ExpressPay from American Express®, MasterCard PayPass® and Visa® Contactless payment programs to help speed transaction times.
• Multi-application support for multiple smart card-enabled payment and value-added applications.
• Stringent high security designed to meet PCI PED standards and also including Triple DES encryption, DUKPT (Derived Unique Key Per Transaction) key management and MAC (Message Authentication Code).
• Tamper-proof construction with intrusion detection to safeguard the device from external attacks.
• Small, flexible ergonomic design that fits comfortably in the customer’s hand and allows twist and turn motion for enhanced privacy.
• High contrast graphical display with 320×240 pixel 64K full-color or 16-grayscale screen for clear and precise user prompting.
• Large, hard-rubber keys with color-coded Cancel, Clear and Entry keys that minimize finger slips and other customer errors and are water and splash resistant.
• Multiple connectivity options with support for RS-422, RS-232, Ethernet and USB that allow fast and easy integration with competitive credit/debit terminals, and electronic cash registers.

“Integrating contactless technology to the P4100 PIN Pad is a brilliant stroke by Hypercom in support of this new payments technology. This is another example of their leadership expertise in developing high security, multi-application information and transaction platforms and electronic payment products,” said David W. Lott, Managing Partner, Partners Consulting Group LLC.