Blackstone Online Selects Hypercom ePic ICE Card Payment Terminals as Platform for New POS Prepaid Services Activation Program.

Business Editors and High Tech Writers

PHOENIX--(BUSINESS WIRE)--June 6, 2000

Integrated Payment Processing/Prepaid Services System to be Deployed

to Merchants Nationwide with 10,000 Hypercom ePic ICE Terminals

(Hypercom Corporation: NYSE: HYC) -- Blackstone Online, Inc. has selected Hypercom's ePic ICE(TM) card payment terminals as the platform for Blackstone POS and will deploy more than 10,000 Hypercom ePic (ePOS-infocommerce(TM)) ICE terminals during the 12 months. Blackstone Online is one of the nation's leading providers of pre-paid products and services. Blackstone POS is a new point-of-sale activation program for convenience stores, gas stations and other venues that sell prepaid calling cards.

Under the Blackstone POS program, more than 300,000 merchants will be able to offer their customers an array of prepaid products and services, including calling cards, dial tone, Internet and wireless services, using a single integrated Hypercom terminal and printer. With Hypercom(R) ePic ICE 4000 (SmartICE(TM)), ePic ICE 5500 and ePic ICE 6500 touch-screen, menu-driven terminals, merchants can print and activate calling cards, access the Internet, accept smart cards, process MasterCard, Visa, and American Express transactions with electronic receipt capture, and more.

"Blackstone POS simplifies the sales process by eliminating the need to inventory cards, and offers enhanced credit card security via electronic capture and point of purchase card activation," said Eddie Pena, Blackstone Online president. "Hypercom's ePic ICE family of products was the only solution that enabled merchants to better target their prepaid calling card sales while reducing their POS equipment investment. Merchants need only one integrated terminal and printer to handle all of their transactions."

"Hypercom's ePic ICE terminals are the first to integrate fast, secure and reliable card payment capabilities and prepaid service activation," said George Wallner, president and CEO, Hypercom Corporation. "The Hypercom ePic ICE solution goes beyond current magnetic strip activation that requires a separate prepaid calling card activation terminal and a separate printout for the PIN and access number. Hypercom's solution integrates everything into one package for improved convenience to the merchant and the consumer."

Blackstone Online is the premier provider of prepaid telecommunications products and services. Blackstone Online offers the industry's widest assortment of prepaid phone cards, prepaid wireless, prepaid paging, and prepaid Internet services. With more than 3,200 distributors nationwide, and over 7,800 retail accounts in the South Florida region, Blackstone Online is one of the country's largest providers of prepaid telecommunications products and services. For more information on Blackstone Online products and services, call Eddie Pena at 888.639.9590.

Hypercom Corporation (NYSE:HYC) is a global provider of end-to-end electronic payment solutions, including card payment systems, peripherals, network products, software and e-commerce payment solutions that add value at the point-of-sale for consumers, merchants and acquirers.

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, Puerto Rico, Russia, Singapore, Sweden, the United Kingdom and Venezuela. Hypercom's Internet address is www.hypercom.com.

Hypercom is a registered trademark of Hypercom Corporation. ICE and ePOS-infocommerce are 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.

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 March 30, 2000.