Lipman's NURIT and Dione POS Solutions Receive ETSL and ANZ Certifications.

ROSH HAAYIN, Israel -- Lipman Electronic Engineering Ltd. (Nasdaq, TASE: LPMA) today announced that it has received ETSL and ANZ security approvals in New Zealand for a wide range of the company's payment solutions. The approved products include the NURIT 8100 Secure Multifunction Solution, NURIT 8210 Handover Payment Terminal, Dione Secura PIN Pad, Dione Secura Integration Modules and Dione Xplorer Portable Payment Terminal.

These certifications come from the two major payment processors in New Zealand, and along with prior certifications from APCA, the Australian Payment Clearing Association, enable Lipman to market these payment systems to nearly all banks, processors and acquirers in New Zealand and Australia.

ETSL and ANZ certification are required for all terminals and other equipment that connect to their EFTPOS payment networks. The approvals are based on hardware and cryptographic software evaluation by an independent laboratory, to assure compliance with their strict requirements.

Lazy Yanay, EVP Sales and Marketing of Lipman said, "The addition of ETSL and ANZ certifications to our existing APCA certifications supports our overall strategy of developing innovative solutions that meet the needs of specific geographic markets. We believe a great deal of potential exists in this region and intend to capitalize fully on such opportunities as they arise."

Lance Robinson, General Manager of Lipman Australia added, "These certifications significantly enhance our ability to market Lipman products in the Australian and New Zealand markets. With its stringent security requirements, ETSL's and ANZ's certifications reinforce our belief that Lipman's solutions are at the forefront of technological sophistication. We are pleased to be in a position to work with banks, processors and acquirers in these important markets, helping them to ensure that critical customer data is secure at the point of sale and throughout the transaction process."

About Lipman

Lipman is a leading worldwide provider of electronic payment systems. Lipman develops, manufactures and markets a variety of handheld, wireless and landline POS terminals, electronic cash registers, retail ATM units, PIN pads and smart card readers, as well as integrated PIN and smart card ("Chip & PIN") solutions. In addition, Lipman develops technologically advanced software platforms that offer comprehensive and customized transaction processing solutions for its customers, as well as managed professional services such as on-site and call-center support with remote terminal management.

Lipman's corporate headquarters and R&D facilities are located in Israel. Lipman also maintains offices in the US, United Kingdom, Turkey, China, Spain, Finland, Russia, Italy, Canada, Germany, Brazil, Argentina, Mexico, Australia and India. For more information visit www.lipman.biz.

Statements concerning Lipman's business outlook or future economic performance; product introductions and plans and objectives related thereto; and statements concerning assumptions made or expectations as to any future events, conditions, performance or other matters, are "forward-looking statements" as that term is defined under U.S. Federal securities laws. Forward-looking statements are subject to various risks, uncertainties and other factors that could cause actual results to differ materially from those stated in such statements. These risks, uncertainties and factors include, but are not limited to: our dependence on distributors and customers; the competitive market for our products; market acceptance of new products and continuing products; timely product and technology development/upgrades and the ability to manage changing market conditions; manufacturing in Israel; compliance with industry and government standards and regulations; dependence on key personnel; possible business disruption from acquisitions; and other factors detailed in Lipman's filings with the U.S. Securities and Exchange Commission. Lipman assumes no obligation to update the information in this release.