Hypercom Ranks Among Top U.S. Networking Companies; Network Systems Division Reinforces Hypercom's Position as Leading Provider of Customized Networking Solutions.

Business Editors/High-Tech Writers

LAS VEGAS--(BUSINESS WIRE)--May 10, 2001

Networld + Interop 2001

Hypercom Corporation (NYSE:HYC) has been named one of the top 200 U.S. public companies in the networking industry due to the efforts of its Network Systems Division, as reported by Network World Magazine. This prestigious network news publication ranks Hypercom and other leaders, in its just released April issue, based on revenues, profits, highest value, fastest growth, earnings per employee and R&D spending.

"Hypercom and its Network Systems Division have a more than 20 year track record of providing customized networking solutions to leading members of the international business community," said T.K. Cheung, president, Hypercom Network Systems. "We are pleased to receive this recognition, and we look forward to demonstrating our customized, multi-service networking solutions to more business owners who want maximize the value of their legacy systems, streamline communications and reduce costs."

Hypercom Network Systems today also introduced its Unity series, a new family of high-performance, multi-service integrated access devices (IADs) for corporate branch locations. The Unity 1500 is geared toward enterprise sectors requiring customized network connectivity, communication and transport solutions for integrating multiple locations. The Unity 1500 incorporates an intelligent distributed processor, extensive protocol options and award-winning capabilities.

Hypercom Network Systems, a division of Hypercom Corporation (NYSE:HYC), designs and manufactures customized voice, data and POS technology solutions to enterprise, carriers and service providers. Hypercom Network Systems' solutions include support for data and voice over a single WAN or LAN connection with integrated capabilities such as VoFR, VoIP, analog and digital voice, router/bridge, VPN, POS networking support and legacy protocol support.

Hypercom Corporation is a leading global provider of electronic payment solutions that add value at the point-of-sale for consumers, merchants and acquirers. Hypercom's products include secure card payment terminals and web appliances, networking equipment and software applications for e-commerce, m-commerce, smart cards and traditional payment applications.

Headquartered in Phoenix, Arizona, Hypercom maintains an installed base of more than 4 million card payment terminals, which operate seamlessly with the products of its Network Systems Division. These solutions are installed in over 100 countries and conduct more than 2.85 billion transactions annually. Hypercom's Internet address is www.hypercom.com.

Hypercom is a registered 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 most recent 10K and subsequent 10Qs.