Wincor Nixdorf and Hypercom Team to Provide Complete POS Solutions; Companies Sign Strategic Reseller Agreement to Bundle Hypercom's High-Security Payment Terminals into Wincor's Total Solution Offerings.AUSTIN, Texas & PHOENIX -- Enhancing its leadership in total POS solutions POS Solutions, is an Australian company. The company provides software and services to small and medium businesses, where the company has enjoyed steady growth so making it particularly well-known in Australian Newsagencies where its software has taken hold as the market leader. , Wincor Nixdorf Wincor Nixdorf (FWB: WIN) is a corporation that provides retail and retail banking hardware, software, and services. Wincor Nixdorf is engaged primarily in the sale, manufacture, installation and service of self-service transaction systems (such as ATMs), retail banking equipment today announced that it has entered into a strategic reseller agreement with Hypercom Corporation (NYSE NYSE See: New York Stock Exchange :HYC HYC Houston Yacht Club (Texas) ) under which Wincor Nixdorf will provide Hypercom's multi-lane Optimum payment terminals as a key part of its total solutions for grocery and convenience stores The following is a list of convenience stores organized by geographical location. Stores are grouped by the lowest heading that contains all locales in which the brands have significant presence. , mass merchandisers, specialty retailers and quick service restaurants in the United States United States, officially United States of America, republic (2005 est. pop. 295,734,000), 3,539,227 sq mi (9,166,598 sq km), North America. The United States is the world's third largest country in population and the fourth largest country in area. . Both companies anticipate expanding the offering to global markets, and will cooperate closely on joint sales and marketing opportunities. The agreement follows certification of Hypercom's Optimum terminals for Wincor Nixdorf POS (1) See point of sale and packet over SONET. (2) "Parent over shoulder." See digispeak. POS - point of sale software. "This agreement with Hypercom is an important part of Wincor's total solutions strategy," said Doug Evans Doug Evans is the name of:
Wincor Nixdorf is one of the fastest growing, most profitable companies in retail technology, with a customer base that includes many of the world's most admired retail brands. Wincor Nixdorf works with its customers as a valued technology partner whose strength lies in combining software, services and hardware to create best-in-class store solutions for the largest chains, as well as mid-tier retailers and franchise operators. "Wincor Nixdorf is a leader in the global information technology marketplace and has customers in many important market segments. The strategic relationship embodied in our new agreement with Wincor Nixdorf substantially strengthens our positioning with customers in the form of grocery and convenience stores, mass merchandisers, specialty retailers and quick service restaurants, beginning in the USA. Hypercom was chosen for its immediate availability of 'best in class' multi-lane POS products required to make this relationship successful. We see terrific opportunities for close cooperation in sales and marketing activities to increase Hypercom's visibility in the principal market segments served by Wincor Nixdorf," said William Keiper, Hypercom Chief Executive Officer and President. Hypercom is the world leader in high security electronic transaction and payments technology. The company's Optimum L4100, L4200 and L4250 multi-lane terminals complement Wincor Nixdorf's solution offerings with their industry-leading transaction speeds and the ability to handle multi-step transactions such as credit/debit authorization and loyalty points calculation without cashier intervention. In addition, Hypercom's payment terminals meet the strict security requirements set forth by VISA PCI-PED, Interac (Canada) and EMV EMV Elektromagnetische Verträglichkeit (German: Electromagnetic Compatibility) EMV EuroPay, MasterCard, Visa (Smart debit cards) EMV Europay, Mastercard and Visa EMV Eftermiddagsverksamhet . Equipped with bright, large screens, these terminals are designed to provide an easy and intuitive payment experience for customers. The dual head magnetic stripe reader reduces the need for customers to swipe more than one time. In addition, Hypercom's Forms Processing Engine (FPE FPE Final Prediction Error FPE Floating Point Exception (a computer math error) FPE Fokker-Planck Equation FPE Fire Protection Engineering FPE Free Primary Education (Africa) ) application allows for easy integration into retailers' current systems. Optional payment interfaces on these devices include contactless payment and a smart card reader. About Hypercom Global payment technology leader Hypercom Corporation 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, unattended and many other markets. Hypercom solutions enable businesses in more than 100 countries to securely expand their revenues and profits. More information is available at http://www.hypercom.com. About Wincor Nixdorf Wincor Nixdorf is one of the world's leading suppliers of IT solutions to the retail and banking industries. The company's extensive portfolio, consisting of hardware products, software, consulting, maintenance and other services, is aimed at reducing the cost and complexity of business processes while improving customer service. Wincor Nixdorf is the world's third largest supplier of POS systems and automated teller machines automated teller machine (ATM), device used by bank customers to process account transactions. Typically, a user inserts into the ATM a special plastic card that is encoded with information on a magnetic strip. and the number one supplier of POS systems in Europe (source: Clarendon Report, April 2005). With over 7,000 employees and net sales Net Sales The amount a seller receives from the buyer after costs associated with the sale are deducted. Notes: This amount is calculated by subtracting the following items from gross sales: merchandise returned for credit, allowances for damaged or missing goods, freight of EUR EUR In currencies, this is the abbreviation for the Euro. Notes: The currency market, also known as the Foreign Exchange market, is the largest financial market in the world, with a daily average volume of over US $1 trillion. 1,744 million last fiscal year, Wincor Nixdorf operates in over 90 countries with manufacturing plants in Germany and Singapore. Worldwide headquarters are in Paderborn, Germany and North American North American named after North America. North American blastomycosis see North American blastomycosis. North American cattle tick see boophilusannulatus. headquarters are in Austin, Texas. For more information, visit www.wincor-nixdorf.com/usa. 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 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 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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