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Hypercom Introduces IN-tact IP Gateway Converter to Speed Card Payment Transactions for Retailers

14 March 2005, 08:30am ET
No IP Payment Terminal Required; IN-tact 1201 Lets Virtually Any Merchant

Quickly Harness the Power, Speed of the Internet

PHOENIX, March 14 /PRNewswire-FirstCall/ -- Global payment technology leader Hypercom Corporation (NYSE:HYC) today introduced the Hypercom(R) IN-tact(TM) 1201; a compact, high speed, low cost Internet Protocol (IP) gateway device that converts virtually any manufacturer's dial card payment terminal or dial ATM into a faster, IP-enabled card device. The new device is specifically designed for small and multi-lane retailers who want the faster transaction speeds and lower communications costs inherent in Internet connectivity.

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"Hypercom's IN-tact 1201 will allow merchants worldwide to quickly, easily and very cost-effectively add the power and transaction speed of Internet connectivity to their existing card payment terminals, regardless of what manufacturer's name appears on the terminal. Any merchant who wants the speed and cost savings of IP connectivity can gain these competitive advantages, faster and more affordably than ever before with IN-tact," said Guilherme Blumenthal, Executive Vice President, Sales and Operations, Hypercom Corporation.

Fast, Easy IP Connectivity for Retailers

Hypercom's new IN-tact 1201, along with the IN-tact 1101 introduced last April, are the ideal intelligently integrated solutions for retailers who want the speed and lower costs of IP connectivity, but don't necessarily need the additional benefits of the newer multi-application IP-based card payment terminals.

Measuring 6" (wide) x 1.5" (height) x 8" (deep), Hypercom's compact IN-tact devices allow the retailer to quickly and easily connect to the Internet. The IN-tact 1201 provides a phone line interface for use with any vendor's dial terminal or ATM (or multiple devices through the use of a standard 'line splitter'), whereas the IN-tact 1101 allows as many as 16 Hypercom terminals to quickly and easily connect to the Internet. Both innovative solutions use 3DES and Secure Socket Layer (SSL) session security to encrypt and transmit transactions through the Internet with even greater security than through the existing phone line. Transaction times are significantly reduced, accelerating check out lines and boosting the retailer's profit lines.

Unmatched Features, Functionality = Fast, Easy, Secure

The global payment technology leader's IN-tact 1201 delivers features and functionality that far exceeds that of the competition. The innovative device features a "V.anything" modem that enables ultra fast transactions as well as the high speed downloads available with the more contemporary card payment terminals. Additionally, thanks to Hypercom's advanced 'NAC' technology, the IN-tact 1201 is also a fully 'transaction aware' switching device. That means that it can intelligently route transactions to multiple hosts, including backup hosts, and can seamlessly integrate with the routing schemes of an existing NAC network, such as HBNet. Competitive devices don't offer any of these benefits.

Unlike other devices, Hypercom's innovative IN-tact technology also gives resellers, Independent Sales Organizations (ISOs), and/or financial institutions the ability to deliver an array of time saving and/or revenue-generating, profit-building services to the merchant countertop. IN-tact, for example, continually monitors and alerts a help desk to any interruption in services. SNMP (Simple Network Management Protocol) and Internet interface allows support staff to proactively troubleshoot issues right down to the terminal level, perhaps even before the merchant has realized that a problem exists. IN-tact also provides a wealth of statistical information that allows an acquirer to gain valuable insight into the transaction patterns of its merchant portfolio.

"IN-tact delivers the horsepower of Internet connectivity to retailers who want to speed the checkout line without the additional benefits of the new, true 32-bit multi-application card payment terminals, and it can do it faster and smarter than any other device out there," said Eric Duprat, Senior Vice President, Global Marketing and Product Development, Hypercom Corporation.

Fast, Secure and Intelligent Integration at The Point-of-Transaction

"Merchants who thought they were trapped with slow dial-up technology now have the option to ramp onto the Internet, speed their transactions, increase security and cut their communications costs with IN-tact," said Duprat. "IN-tact intelligently integrates with the merchant's existing terminal and ATM base to deliver high speed, high security transactions over the Internet, while preserving the merchant's investment in equipment and training. With IN-tact, we are bringing to market a fast, efficient, affordable, dependable and intelligent solution that adds a new and very logical dimension to card payments for retailers, ISOs and financial institutions worldwide."

"IN-tact is another clear example as to why Hypercom is regarded as a leader in payment and transaction technology innovation. This innovative, profit building technology can quickly and easily transform the retail countertop at merchant locations worldwide," said Nick Holland, Director, Emerging Technologies Advisory Service, Mercator Advisory Group.

About Hypercom ( )

Observing 26 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-transaction for consumers, merchants and acquirers, and yield increased profitability for its customers.

Widely recognized as the global payment technology innovator, Hypercom delivers comprehensive card payment terminal, network access device, server and transaction networking solutions that help merchants and financial institutions generate revenues and increase profits.

Headquartered in Phoenix, Arizona, Hypercom's card payment terminal, network and server solutions are leading the transformation of electronic payments in more than 100 countries.

Hypercom is a registered trademark of Hypercom Corporation. IN-tact and HBNet are 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 performance, product sales, revenues and profits. 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; the performance of suppliers and subcontractors; 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. 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. HYCP

Pete Schuddekopf
Hypercom Corporation

SOURCE Hypercom Corporation
-0- 03/14/2005
/CONTACT: Pete Schuddekopf of Hypercom Corporation, +1-602-504-5383,

/Photo: NewsCom:

AP PhotoExpress Network: PRN1
PRN Photo Desk,

/Web site:


CO: Hypercom Corporation
ST: Arizona

-- LAM010 --
0536 03/14/2005 08:30 EST

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