American Banknote Cardservices Signs Deal To Deploy Hypercom Card Payment Systems to Retailers and Restaurateurs; Hypercom Solutions Add Value at the Point-of-Sale.

PHOENIX--(BUSINESS WIRE)--Sept. 9, 1999--

American Banknote Cardservices (ABCS) will deploy more than 1,500 Hypercom Corporation (NYSE:HYC) T7P card payment systems and S8 Secure PIN pads to retailers throughout the US. The Hypercom(R) solutions will help ABCS expand its merchant base by offering credit, debit and EBT (electronic benefits transfer) payment options and electronic gift card programs to small and medium-sized merchants. ABCS is the independent processing and sales subsidiary of American Banknote Corporation. The deployment will begin immediately.

"Hypercom's solutions will allow us to quickly deliver an array of revenue-generating features and options at the point of sale," said Brent Bowen, president, American Banknote Cardservices. "They are ahead of the curve in electronic payment transactions, and that is important to us. Their vision is clear, and their products and services are in line with our goal of delivering state-of-the-art, value-added solutions to our merchants."

Hypercom's T7P is a compact, high-performance terminal that supports draft capture, debit, check and proprietary card processing, and new payment vehicles such as chip card-based credit, debit and stored value cards. Hypercom's easy-to-use S8 Secure PIN pad incorporates a secure single chip microcontroller, sealed housing with switch to detect tampering and mask program software that ensures security and fast response times for processing debit and EBT transactions.

"Hypercom's card payment system is extremely reliable and easy to operate. It processes transactions very quickly and enables processors to offer specialized products to the retail market," said John Marshall, senior vice president and general manager, Hypercom North America POS. "We are pleased to support American Banknote Cardservices' efforts to expand its network."

American Banknote Cardservices, Inc., based in Moorestown, New Jersey, is a front-end processor, independent sales organization and subsidiary of American Banknote Corporation, a leading global provider of secure transaction solutions, documents and systems. Headquartered in New York, American Banknote Corporation maintains operations in Argentina, Australia, Brazil, Chile, France, New Zealand, Hong Kong and the US.

Hypercom Corporation (NYSE: HYC) is a global provider of electronic payment solutions, including multifunction point-of-sale terminals, peripherals, network products, Ascendent(TM) payment and transaction software and Internet-based and electronic commerce payment solutions. On a global basis Hypercom delivers the services and technology infrastructure required to quickly integrate and deploy new payment applications. These applications provide competitive value-added programs, improved business performance and low total cost of ownership.

Headquartered in Phoenix, Arizona, Hypercom markets its products in more than 70 countries through a global network of affiliates and offices in Argentina, Australia, Brazil, Chile, China, Germany, Hong Kong, Hungary, Japan, Mexico, Russia, Singapore, Sweden, the United Kingdom and Venezuela. Hypercom's Internet address is www.hypercom.com.

Note to Editors: Hypercom is a registered trademark of Hypercom Corporation. Ascendent 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.

Certain matters discussed within this press release are forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. Although management of Hypercom believes the expectations reflected in such forward-looking statements are based on reasonable assumptions, it can give no assurance that its expectations will be attained. Factors that could cause actual results to differ materially from expectations include industry, competitive and technological changes; risks associated with international operations and foreign currency fluctuations; the composition, timing and size of orders from and shipments to major customers; inventory obsolescence; market acceptance of new products and other risks detailed from time to time in Hypercom's SEC reports, including the company's 10-K dated September 28, 1998.