Global Payments Selects Hypercom's SmartPayments to Expand Payment Processing Services for Integrated Solutions

Hypercom Corporation (NYSE: HYC) today announced that it has signed a worldwide licensing agreement with Global Payments Inc. (NYSE: GPN), a world leader in payment processing services. Under the terms of the agreement, Global Payments will license Hypercom’s SmartPayments Server and Client software products as key technology components of its host electronic transaction processing platform. Financial details were not disclosed. Hypercom SmartPayments will facilitate Global Payments’ ability to expand quickly in several key markets by providing an infrastructure and total solution that supports retail multi-lane, mobile commerce, IP terminals, an e-commerce virtual terminal solution for card not present, and card present transactions including debit. Finally, Hypercom SmartPayments provides the ability to support integrated plug-ins for Microsoft’s Retail Management System (RMS) and Intuit’s QuickBooks accounting packages. "Hypercom’s best-of-breed SmartPayments solution adds to our world-class transaction processing platform, expands our reach, and gives our merchants a robust, high speed, high security IP, dial & Web-based point-of-sale (POS) technology to simplify transaction delivery,” said Michael Reidenbach, Chief Information Officer, Global Payments Inc. "The combination of SmartPayments Server and SmartPayments Client gives merchants the ability to easily process payments as a PC-based, stand-beside solution or integrated into the merchants' POS inventory control system,” said Lisa Shipley, Managing Director, Hypercom North America. "Global Payments’ selection of our SmartPayments product set is a strong endorsement of our company and our products.” Hypercom’s SmartPayments Solution was designed from the ground up with next generation technology "XML Web Services” providing a secure platform to easily integrate payment processing with business critical processes with ubiquitous client side applications and devices. The technology simplifies the installation and integration with the in-store merchant infrastructure and delivers "large store functionality” into mid-size business environments, enabling secure centralized transaction processing, easier administration and management at a lower total cost of ownership. The SmartPayments Solution suite is an electronic payment processing solution for PC-based cash registers and consists of SmartPayments Client (SPC) and SmartPayments Server (SPS). The SPC runs on PCs and serves as conduit between PIN-Pads and multilane terminals and the SPS. The SPS can run as a low end in-store controller, at corporate headquarters or in a datacenter as a payment gateway. SPS has a built-in web browser based virtual terminal for end user and merchant management console for ISO/resellers. About Global Payments Inc. (www.globalpaymentsinc.com) Global Payments Inc. (NYSE: GPN) is a leading provider of electronic transaction processing services for consumers, merchants, Independent Sales Organizations (ISOs), financial institutions, government agencies, multi-national corporations and gaming establishments located throughout the United States, Canada, Latin America, Europe and the Asia Pacific region. Global Payments offers a comprehensive line of processing solutions for credit and debit cards, business-to-business purchasing cards, gift cards, electronic check conversion and check guarantee, check verification and recovery, as well as terminal management. The company also provides consumer money transfer services from the U.S. and Europe to destinations in Latin America, Morocco and the Philippines. For more information about the company and its services, visit http://www.globalpaymentsinc.com About Hypercom (www.hypercom.com) Global payment technology leader Hypercom Corporation (NYSE: HYC) 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, healthcare, prepaid, unattended and many other markets. Hypercom solutions enable businesses in more than 100 countries to securely expand their revenues and profits. Hypercom is a registered trademark and SmartPayments is a trademark 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 This announcement may contain forward-looking statements pursuant to the "safe-harbor” provisions of the Private Securities Litigation Reform Act of 1995. These forward-looking statements involve risks and uncertainties such as product demand, market and customer acceptance, the effect of economic conditions, competition, pricing, development difficulties, foreign currency risks, costs of capital, continued certification by credit card associations, the ability to consummate and integrate acquisitions, and other risks detailed in the Company's SEC filings, including the most recently filed Form 10-Q or Form 10K, as applicable. Global Payments undertakes no obligation to revise any of these statements to reflect future circumstances or the occurrence of unanticipated events.