Hypercom Introduces Entry-Level Optimum T4205 Payment Terminal

Hypercom Corporation (NYSE: HYC) today introduced the PCI PED-approved, 32-bit Optimum T4205 card payment terminal and announced a North American consortium of distributors to market the sleek entry-level dial device to smaller independent merchants. In addition, several major ISO acquirers have indicated their intent to Class A certify the T4205 during the first quarter of 2009.

The consortium, consisting of The Phoenix Group, TASQ Technology and POS Portal, will have exclusive indirect distributorship rights to sell the terminal through 2009.

Chase Paymentech, Elavon, National Processing Company (NPC) and TSYS Acquiring Solutions have indicated their intent to Class A certify the device during the first quarter of 2009. First Data has agreed to support the T4205 on First Data’s Omaha platform during the first quarter of 2009.

The T4205 shares the same platform and compact form factor inherent in Hypercom’s T4200 products. It features a clear and intuitive keypad, large memory and high speed processor for fast transactions, all secured by HyperSafe®32, Hypercom’s exclusive RSA-based security infrastructure. The terminal supports three languages (English, Spanish and French) and can quickly and efficiently process debit, credit, smart card and value-added transactions such as gift/loyalty.

"This product speeds certification time and time to market. Customers who have certified our T4210 or T4220 terminals are ready to go with the T4205. They do not have to re-certify their existing software. The quality assurance, service and support training has already been done,” said Bernie Frey, Vice President of North American Sales, Hypercom Corporation. "The T4205 is a win-win for customers who have free terminal programs or are doing field upgrades, and for smaller merchants who want to benefit from electronic payments.”

"The T4205 is a high quality product when compared to other entry level offerings in the market,” said Scott Rutledge, founder and President of The Phoenix Group. "This product is without question one of the best value PCI PED certified PIN devices in North America. It sets an industry benchmark for entry-level payment terminals and we anticipate a very strong demand.”

"The ease of processor certification, popularity of the Optimum platform, and the enthusiastic reception of the major ISO processors bodes well for the success of the T4205,” said Buzz Stryker, President and CEO of POS Portal. "POS Portal is excited to offer this product to our valued customers.

For additional information, please visit: http://www.hypercom.com/products/T4205.asp.

For an image of Hypercom’s Optimum T4205, please visit: http://www.hypercom.com/library/photos/photospage.aspx?cat=&sel=t4205.

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 business earlier this year, 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 and Optimum & 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, subcontractors, distributors and ISOs; 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