Hypercom Wireless Payment Terminals at Arizona State Fair Let Fairgoers Use Credit/Debit to Pay for Rides.Hypercom Teams with Element Payment Services & Apriva to Provide a Complete Wireless Solution PHOENIX -- Hypercom Corporation (NYSE NYSE See: New York Stock Exchange : HYC HYC Houston Yacht Club (Texas) ) today announced that its wireless payment technology will enable 2006 Arizona State Fair The Arizona State Fair is an annual state fair, held at a permanent fairgrounds in Phoenix, Arizona. visitors to pay for rides with credit and debit cards debit card, card that allows the cost of goods or services that are purchased to be deducted directly from the purchaser's checking account. They can also be used at automated teller machines for withdrawing cash from the user's checking account. at all ticket booths on the midway Midway, island group (2 sq mi/5.2 sq km), central Pacific, c.1,150 mi (1,850 km) NW of Honolulu, comprising Sand and Eastern islands with the surrounding atoll. Discovered by Americans in 1859, Midway was annexed in 1867. A cable station was opened in 1903. , extending electronic payments to areas that cannot be reached with wired connectivity and also allowing the fair to accept debit cards for the first time. The use of Hypercom's Optimum M2100 wireless payment terminals at the ticket booths will eliminate the need for fairgoers to carry cash to buy ride tickets or wristbands. The wireless terminals are expected to speed lines, increase ticket sales, minimize cash handling and enhance guest convenience at the fair, which opens in Phoenix on October 13 and runs through November 5 (closed Mondays). Thanks to Hypercom, Element Payment Systems and Apriva, the devices are also expected to be used at future Arizona State Fairs as well as at other fairgrounds n. pl. 1. same as fairground. events that previously have not accepted credit card payments, including the Maricopa County Fall Beautiful Home & Landscape Show, Crossroads of the West Gun Show, Way Out West Bird Expo and Ter-Mark Gun Show. "Taking credit cards for rides has always been a challenge because we move the ticket booths regularly to accommodate different fair layouts, so installing the cables required to carry the transactions over a wired connection for each event has been impractical im·prac·ti·cal adj. 1. Unwise to implement or maintain in practice: Refloating the sunken ship proved impractical because of the great expense. 2. as well as expensive. In addition, we have never been able to accept debit cards," said Kristi Walsh, Marketing Director for the Arizona State Fair. "With these wireless payment terminals from Hypercom, we can offer both credit and debit card payments while also maintaining flexibility in ticket booth and attraction placement to continually improve the guest experience." The terminals were sold and placed by Element Payment Services, a provider of point-of-sale equipment and payment solutions to more than 30,000 merchants around the country. All transactions will be routed to the credit card processor through gateways provided by Apriva, a wireless solution provider whose wireless point-of-sale services enable merchants to process financial transactions from any location using major credit card processors. Hypercom, Element and Apriva are all based in Arizona. The Hypercom Optimum M2100 wireless terminal is a compact, high-speed, battery-operated device that facilitates fast, secure point-of-sale transactions for restaurants, delivery services, car rental companies, sports stadiums, medical facilities, kiosks and other businesses that require non-stationary payment systems. Its small form factor will enable easy placement in the tight booth space. About Hypercom Corporation (www.hypercom.com) Global payment technology leader Hypercom Corporation (NYSE: HYC) 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 pre·pay tr.v. pre·paid, pre·pay·ing, pre·pays To pay or pay for beforehand. pre·pay  ment n. , unattended and many other markets. Hypercom solutions enable
businesses in more than 100 countries to securely expand their revenues
and profits.
About Apriva (www.Apriva.com) Founded in 1999, Apriva is the leading wireless solutions provider integrating the hardware, software and network infrastructure required to develop and deploy high-performance high-reliability solutions in the Point of Sale (POS (1) See point of sale and packet over SONET. (2) "Parent over shoulder." See digispeak. POS - point of sale ) and Secure Mobile Messaging markets. Apriva offers end-to-end solutions (jargon) end-to-end solution - (E2ES) A term that suggests that the supplier of an application program or system will provide all the hardware and/or software components and resouces to meet the customer's requirement and no other supplier need be involved. Compare: turn-key solution. including Point of Sale, Handheld Smart Card Readers and Secure Mobile Messaging, Direct Store Delivery and Subscriber Acquisition that make it easy and cost-effective to develop, deploy and maintain highly secure and reliable business critical mobile applications. Visit www.Apriva.com for more information. Apriva - Proving the Possibilities. About Element Payment Services, Inc. (www.elementPS.com) Element Payment Services, Inc., provides powerfully diverse, full-service payment solutions that deliver flexible, scalable services; industry-leading POS equipment and solutions; robust reporting capabilities, and reliable, responsive 24-hour customer support to over 30,000 merchants nationwide. Element is a registered Merchant Service Provider with First National Bank of Omaha and Wells Fargo Wells Fargo armored carriers of bullion. [Am. Hist.: Brewer Dictionary, 1147] See : Protectiveness Wells Fargo company that handled express service to western states; often robbed. [Am. Hist. Bank, N.A., Walnut Creek Walnut Creek, residential city (1990 pop. 60,569), Contra Costa co., W Calif., in the San Francisco Bay area; inc. 1914. It is the trade and shipping center of an extensive agricultural area where walnuts are among the major product. , CA. Hypercom and Optimum & Design are registered 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. This press release includes statements that may constitute forward-looking statements forward-looking statement A projected financial statement based on management expectations. A forward-looking statement involves risks with regard to the accuracy of assumptions underlying the projections. 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, 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 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 services; the performance of suppliers and subcontractors; risks associated with international operations Internal Operations (I.O., IO or I/O) is a fictional American Intelligence Agency in Wildstorm comics. It was originally called International Operations. I.O. first appeared in WildC.A.T.S. volume 1 #1 (August, 1992) and was created by Brandon Choi and Jim Lee. 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 |
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