Total Merchant Services to Purchase 20,000 Hypercom Optimum T4100 Payment Terminals; Selects Hypercom as Its Provider of Choice.Fast Growing ISO (1) See ISO speed. (2) (International Organization for Standardization, Geneva, Switzerland, www.iso.ch) An organization that sets international standards, founded in 1946. The U.S. member body is ANSI. Switches to Hypercom with Multi-Million Dollar Deal; Rolls Out New Free Terminal Program Offering PHOENIX -- Hypercom Corporation (NYSE NYSE See: New York Stock Exchange : HYC HYC Houston Yacht Club (Texas) ) today announced that Total Merchant Services Merchant services is the name given in the United States to a broad category of financial services intended for use by businesses. In its most specific use, it usually refers to the service that enables a business to accept a transaction payment by use of the customer's credit or , Inc., one of the industry's fastest growing privately held Independent Sales Organizations This article or section deals primarily with the English-speaking world and does not represent a worldwide view of the subject. Please [ improve this article] or discuss the issue on the talk page. (ISO), has agreed to purchase 20,000 Optimum T4100 multi-application card payment terminals for its precedent setting free terminal program. In conjunction with the multi-million dollar deal, Total Merchant Services has also selected Hypercom as its preferred supplier of card payment terminals. "This agreement represents the largest single order to-date for the T4100, and the latest in a series of significant purchases and processor certifications for this best-of-breed device," said Lisa Shipley, Senior Vice President, National Sales, Hypercom Corporation. "Total Merchant Services' decision to team with Hypercom is particularly gratifying grat·i·fy tr.v. grat·i·fied, grat·i·fy·ing, grat·i·fies 1. To please or satisfy: His achievement gratified his father. See Synonyms at please. 2. , and a terrific endorsement of our company and our products." Because of the advanced functionality of Hypercom's high-speed, high-security IP-enabled payment device, Total Merchant Services has selected the T4100 for use in its new "Sell, Lease or Place" Free Terminal Program. Launched this month, the program sets Total Merchant Services apart from its competitors as the first major ISO to adopt the 32-bit, multi-application, IP-enabled dual-comm terminal - the Hypercom T4100 for a free terminal program. The T4100 units will be configured to support credit, debit, EBT EBT See: Earnings Before Taxes , gift card and loyalty card transactions as well as check conversion and guarantee for Total Merchant Services merchants. "We are committed to providing our sales partners and merchants with the very best products, services and support," said Edward K. Freedman freed·man n. A man who has been freed from slavery. freedman Noun pl -men History a man freed from slavery Noun 1. , President/CEO of Total Merchant Services. "The T4100 is a superior product, and we are raising the bar in the industry by offering this innovative device through our free terminal program." Under the "Sell, Lease or Place" Free Terminal Program, sales partners can choose two options to sell or lease the Hypercom T4100: Option 1 - Hypercom T4100 with dual IP/dial connectivity. Option 2 - Hypercom T4100 with dual dial/IP connectivity and MagTek Check Imager. "With the placement option, sales partners can put their residual commissions on steroids steroids, class of lipids having a particular molecular ring structure called the cyclopentanoperhydro-phenanthrene ring system. Steroids differ from one another in the structure of various side chains and additional rings. by 'placing' these terminals at merchant locations for free," says Freedman. "In addition, to off-set the loss of money from not selling or leasing the terminal, they can earn $200 production bonuses or between $300-$500 in upfront conversion bonus payments on accounts currently processing over $10,000 per month. No matter what our sales partners opt to participate in, we believe it's imperative for them to have choices. That's why we're letting our sales partners decide what will work best for them - sell, lease or place the terminal at the merchant location for free Co and we're offering the most modern, state-of-the-art, multi-app, dual-comm terminal in the market today." About Total Merchant Services (www.upfrontandresiduals.com) Total Merchant Services is a ten-year-old, Colorado based merchant acquirer that offers the best free terminal programs in the industry together with innovative and cost-effective solutions to merchants who accept credit cards for the payment of their goods and services In economics, economic output is divided into physical goods and intangible services. Consumption of goods and services is assumed to produce utility (unless the "good" is a "bad"). It is often used when referring to a Goods and Services Tax. . With over 65,000 merchants processing over $6 billion annually, unprecedented growth with over 4,000 new merchants added each month and representing seven different brand names, Total Merchant Services is one of the fastest growing credit card merchant account acquirers in the nation. For additional information about the company and its services, visit www.totalmerchantservices.com. To learn more about partnering with Total Merchant Services, visit www.upfrontandresiduals.com. About Hypercom (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.
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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