Hypercom Achieves SIBS Certification and Commences Sales in Portugal.

WOKING, United Kingdom and PHOENIX -- Hypercom Corp. (NYSE: HYC) announced today that it is entering Portugal and commencing product sales, effective immediately. The actions follow certification of the Optimum P2100 PIN entry payment device for use in the country by the Sociedade Interbancaria de Servicos' (SIBS).

"We are bringing to this important country's banking and retail sectors high security, multiapplication information and transaction products that expedite the fast and secure transmission of vital financial and business data," said O.B. Rawls IV, senior vice president, international sales, Hypercom Corp. "SIBS is committed to maximizing the efficiency of the Portuguese banking system with innovative, effective and secure payment technology. We have the products to help meet that objective, and believe that the potential market is considerable."

The use of payment cards and terminals is escalating rapidly throughout Portugal. The number of cards has jumped to 14.7 million from 2.4 million in 1990, with debit cards overtaking their credit counterparts three to one, according to industry sources. Nearly 58% of retail purchases are now made with cards versus cash. The installed base of point-of-sale terminals now exceeds 150,000, and that figure is expected to double within the next three years. This momentum to electronic payments is the result of SIBS expertise in payment system automation services, supported by more than 50% of the country's banks.

The first Hypercom Optimum product for Portugal, the P2100, is a high-performance countertop unit that can handle payment transactions, as well as gift and/or loyalty cards and other value-added services. The device features tight security with EVM 2.0 and Visa PED certification, integrated privacy shield, high-contrast full graphics display and a large color-coded and DDA (Disability Discrimination Act) compliant keypad with clear internationally recognized user prompts. The leading product in its category, the P2100 is available with optional hybrid magnetic stripe and smart card reader.

The company's next two Optimum products for the Portuguese banking and retail sectors are the T2100 countertop and M2100 mobile payment terminals. The T2100 provides a versatile countertop terminal with configurations including V.90 and Ethernet connectivity. The M2100 uses wireless GSM or GPRS communications to transact payments for mobile businesses such as pizza delivery, sporting events, market traders, shopping kiosks and taxis.

About SIBS (www.sibs.pt)

SIBS (Sociedade Interbancaria de Servicos) is the Interbank services company in Portugal. Formed in 1983, the company now has 33 shareholders representing the banking community in Portugal. SIBS focuses its activity on the development of cooperative services in line with the general interest of the banking community, both with a domestic Portuguese and international context.

About Hypercom (www.hypercom.com)

Global payment technology leader Hypercom Corp. 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 of Hypercom Corp. Optimum and Design is a trademark of Hypercom Corp. 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 size, 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 United States 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