Hypercom Takes the Lead: Introduces First Universal Contactless Handheld PIN Pad; High Security Multiapplication Device Expands Market for Hypercom.

LAS VEGAS -- ETA Annual Meeting & Expo -- Hypercom Corp. (NYSE: HYC) today introduced the new P4100 PIN Pad, the first universal RF-enabled multiapplication PIN entry device designed to meet the rigorous new PCI (Payment Card Industry) security standards established by Visa International and MasterCard International to protect consumers at the point-of-service. The sleek, compact device easily integrates with Hypercom, VeriFone and Ingenico card payment terminals as well as leading electronic cash register systems, allowing retailers to quickly take advantage of the increase in PIN-based and contactless card transactions.

"The P4100 enables merchants worldwide to seamlessly support issuer mandated software applications and, at the same time, immediately bring contactless payments to the retail countertop," said Neil Hudd, senior vice president, Global Product Development and Marketing, Hypercom Corp. "This device delivers highly secure PIN entry for consumers using debit cards, Electronic Benefit Transfer (EBT) and other PIN-based forms of payment while meeting the tightest requirements to safeguard sensitive data."

Key features of the P4100 include:

--Contactless ISO 14443-compliant RF reader that supports ExpressPay from American Express(R), MasterCard PayPass(R) and Visa(R) Contactless payment programs to help speed transaction times.

--Multiapplication support for multiple smart card-enabled payment and value-added applications.

--Stringent high security designed to meet PCI PED standards and also including Triple DES encryption, DUKPT (Derived Unique Key Per Transaction) key management and MAC (Message Authentication Code).

--Tamper-proof construction with intrusion detection to safeguard the device from external attacks.

--Small, flexible ergonomic design that fits comfortably in the customer's hand and allows twist and turn motion for enhanced privacy.

--High contrast graphical display with 320x240 pixel 64K full-color or 16-grayscale screen for clear and precise user prompting.

--Large, hard-rubber keys with color-coded Cancel, Clear and Entry keys that minimize finger slips and other customer errors, and are water and splash resistant.

--Multiple connectivity options with support for RS-422, RS-232, Ethernet and USB that allow fast and easy integration with competitive credit/debit terminals, and electronic cash registers.

"Integrating contactless technology to the P4100 PIN Pad is a brilliant stroke by Hypercom in support of this new payments technology. This is another example of their leadership expertise in developing high security, multiapplication information and transaction platforms and electronic payment products," said David W. Lott, Managing Partner, Partners Consulting Group LLC.

About Hypercom Corp. (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, health care, 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 registered 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 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 U.S. 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