08.04.2009 13:30:00

Demand Builds for Hypercom Secure Remote Key Injection Initiative

Hypercom Corporation (NYSE: HYC) today announced an escalating demand for its secure remote key injection initiative with Electronic Payment Systems and Mercury Payment Systems piloting the company’s HyperSafe® Remote Key System (HRKS). The two companies are piloting the innovative solution on their terminals of choice, the Optimum T4210 and T4220.

HRKS is the industry’s first standards-based remote key injection product that allows retailers to quickly and securely initiate on-site, in-store payment terminal key injection at the point-of-sale. The new system offers a fast and highly secure alternative to the industry’s traditional secure room key injection process.

"Remote key injection is incredibly convenient. It streamlines the process and completely eliminates the costs and disruptions incurred with traditional secure room key injections. No one has to swap out their terminals, ship units back and forth or incur any down time. We, much like our clients, like to stay on the leading track of products and ease of support,” said Anthony Maley, Chief Operations Officer, Electronic Payment Systems.

"First-class customer support is a fundamental business imperative, even more so in today’s challenging economy,” said Matt Taylor, Chief Operating Officer, Mercury Payment Systems. "The faster you help your customers, the better. Remote key injection lets you do just that.”

HRKS eliminates the need for off-site secure room key injections by incorporating PKI (Public Key Infrastructure) to securely distribute symmetric 3DES keys. HRKS meets ANSI x9.24 and Visa PIN Security Guidelines for remote key management, and is FIPS 140-2 Level 3 and X509 compliant.

"The time, convenience, cost and security benefits of remote key injection are clear, demand for this new solution is escalating and we anticipate significant market traction going forward,” said Lloyd Baylard, Vice President, Multilane Products, Hypercom Corporation.

For information on HRKS, please visit: http://www.hypercom.com/services/hypersaferemotekeysystem.aspx.

For information about Mercury Payment Systems please visit www.mercurypay.com.

For information about Electronic Payment Systems please visit www.eps-na.com.

About Hypercom (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.

Hypercom, HyperSafe 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, market share, and expected acquisition results and benefits. 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; the ability to successfully integrate the technologies, operations and personnel of acquired businesses in a timely manner; the ability to obtain the expected strategic and financial benefits from acquisitions; 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 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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