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Data Card Selects Hypercom to Introduce E-Solutions to Australia; Array of Hypercom E-Solutions to Benefit Australian Business Community.


PHOENIX--(BUSINESS WIRE)--Aug. 3, 1999--

Data Card Systems Limited has selected Hypercom Corporation's (NYSE NYSE

See: New York Stock Exchange
:HYC HYC Houston Yacht Club (Texas) ) Ascendent(TM) Advanced Transaction Processor (ATP ATP: see adenosine triphosphate.
ATP
 in full adenosine triphosphate

Organic compound, substrate in many enzyme-catalyzed reactions (see catalysis) in the cells of animals, plants, and microorganisms.
), Loyalty Management System (LMS) and RealPay(TM) E-commerce software to deliver an array of advanced electronic payment processing solutions to merchants, acquirers and processors throughout Australia. Data Card's integrated use of the three Hypercom(R) Ascendent software solutions will enable Data Card to become Australia's first true independent service organization (ISO (1) See ISO speed.

(2) (International Organization for Standardization, Geneva, Switzerland, www.iso.ch) An organization that sets international standards, founded in 1946. The U.S. member body is ANSI.
) and offer private label card processing, loyalty management programs and Internet payment processing to merchants, acquirers and processors throughout the country.

"Data Card's goal is to facilitate the on-line processing of existing and new private label cards, enable merchants to operate new and cost-effective loyalty programs and offer Internet E-commerce capabilities," said Russ Parham, executive director, Data Card Systems. "The Australian market is ready for the ISO model See OSI model. , and Hypercom's Ascendent system firmly places us at the forefront of this new paradigm New Paradigm

In the investing world, a totally new way of doing things that has a huge effect on business.

Notes:
The word "paradigm" is defined as a pattern or model, and it has been used in science to refer to a theoretical framework.
."

"Merchants and processors worldwide today more than ever need to support an array of new payment transactions both at the traditional point-of-sale and via the Internet," said Jairo E. Gonzalez, managing director, global sales and marketing, Hypercom Corporation. "Hypercom's Ascendent software meets that need with a flexible, open platform that can quickly and easily accommodate changing applications and a variety of software platforms."

Hypercom's Ascendent ATP is a fast, efficient high-performance server-based transaction authorization software solution designed to maximize customer options and streamline end-to-end on-line transaction processing (database) On-Line Transaction Processing - (OLTP) The processing of transactions by computers in real time. . Ascendent LMS is an advanced server on-line loyalty system that supports debit, credit and stored-value transactions and provides instantaneous point redemption at any networked, participating merchant. Hypercom's Ascendent RealPay is a transaction processing Updating the appropriate database records as soon as a transaction (order, payment, etc.) is entered into the computer. It may also imply that confirmations are sent at the same time.

Transaction processing systems are the backbone of an organization because they update constantly.
 software solution that allows transaction processors to quickly and easily become Internet payment processors.

Data Card Systems Ltd of Perth, Western Australia This article is about the metropolitan area of Perth, Western Australia. For the local government area, see City of Perth.
Perth is the capital of the Australian state of Western Australia.
, and its associated company EFT Systems, provide card payment processing terminals and services to merchants in the Australian marketplace.

Hypercom Corporation (NYSE:HYC) is a global provider of electronic payment solutions, including multi-function point-of-sale terminals, peripherals, network products, Ascendent 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, 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 and RealPay 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 The Private Securities Litigation Reform Act of 1995 (PSLRA) implemented several significant substantive changes affecting certain cases brought under the federal securities laws, including changes related to pleading, discovery, liability, class representation and awards fees and  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 ob·so·les·cent  
adj.
1. Being in the process of passing out of use or usefulness; becoming obsolete.

2. Biology Gradually disappearing; imperfectly or only slightly developed.
; 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.
COPYRIGHT 1999 Business Wire
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 1999, Gale Group. All rights reserved. Gale Group is a Thomson Corporation Company.

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Publication:Business Wire
Date:Aug 3, 1999
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