HYC Hypercom Corp

Hypercom Corporation (NYSE: HYC) today announced that Avant-Garde Marketing Solutions, Inc., one of the nation’s fastest growing Independent Sales Organizations, has selected and is now marketing Hypercom’s Optimum M4230 multi-application mobile payment terminal and Mobile Network service to its thousands of merchant customers nationwide. Hypercom’s Mobile Solution was selected in head-to-head competition with other global payment providers. Financial terms were not disclosed.

Avant-Garde will market the M4230 mobile terminal with Hypercom’s Mobile Network as an affordable bundled solution that increases businesses’ revenue by enabling them to extend their payment acceptance reach beyond fixed locations.

“The M4230 with Hypercom’s Mobile Network dramatically simplifies activating, conducting and managing wireless transactions, eliminates unnecessary gateway transaction fees, and is a reliable high-security solution that can be deployed anywhere,” said Michael Varian, Director, Avant-Garde Marketing Solutions, Inc. “Demand for mobile payments is clearly increasing as merchants themselves become more mobile. Hypercom’s Mobile Network service and terminal is a perfect package to address the increasing mobile needs of our customers.”

“Avant-Garde’s selection of Hypercom’s GPRS terminal plus network service package is an innovative, highly secure, cost effective and easy to use solution to support the soaring demand for mobile payment acceptance,” said David Cronin, President and Managing Director, North America, Hypercom Corporation. “Many ISOs, distributors and payment processors serving thousands of merchants nationwide have already chosen Hypercom’s mobile solution over all others. And demand continues to grow.”

Unlike competing solutions, Hypercom’s Mobile Network service features simple, usage-based billing with no roaming charges, no additional transaction fees, fast and simple browser-based SIM activation, and 24/7 technical support from a single, secure, reliable source.

Hypercom’s global GPRS network connects to more than 200 networks in over 90 countries.

About Hypercom

Global payment technology leader Hypercom Corporation delivers a full suite of high security, end-to-end electronic payment products, software solutions 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, self-service 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.

Hypercom and Optimum and Design 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 and market share. 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; risks associated with international operations and foreign currency fluctuations, the state of the U.S. and global economies in general, risks associated with the Company being merged with and into VeriFone Systems, Inc. as contemplated by a definitive merger agreement between the companies, and other risks detailed in our filings with the Securities and Exchange Commission, including the Company's most recent 10-K, as amended, 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. HYCP

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