ETA Annual Meeting & Exposition -- Hypercom
Corporation (NYSE: HYC) today introduced IntelliNAC, a
high-density, multifunction point-of-sale network access controller
that speeds transactions for financial institutions, merchants and
other entities whose businesses benefit from processing large
volumes of payment transactions securely, and gives Independent
Sales Organizations (ISOs) a unique selling point to offer to their
merchant customers. IntelliNAC builds on Hypercom’s
industry-leading secure networking technology that is considered
the platinum standard for modern, high-performance transaction
networks, routing billions of transactions daily for hundreds of
financial institutions worldwide.
“Merchants frequently experience spikes in data transactions and
face increasingly complex criminal attempts to hack their payment
systems, all of which hurts profits and damages the brands of
acquirers, ISOs, merchants and others,” said T.K. Cheung, Vice
President of Global Quality and Security at Hypercom Corporation.
“IntelliNAC’s advanced telecommunications capabilities integrated
into a secure, high-density unit specifically designed for
point-of-sale dial and IP communications deliver even more advanced
security and transaction capacity than our current networking
products.”
Unlike competing products, the IntelliNAC authenticates
transactions via Public Key Infrastructure standards required for
PCI-DSS compliance and does so in multiple secure zones, meaning
that the public key or certificate is never exposed. IntelliNAC is
also vendor agnostic; with the IntelliNAC as the backbone of their
secure payment systems, ISOs can offer to merchants payment
terminals from any manufacturer, any payment application and any
networking technology.
Also unlike competitors’ products, IntelliNAC enables ISOs to
grow their businesses and lower their total cost of ownership by
employing one integrated product to consolidate secure transport of
their entire product offering: debit, credit, gift and stored value
cards, electronic benefits transfer, age verification, prepaid,
check conversion, electronic signature capture and advertising, as
well as transaction processing and terminal downloads.
Additionally, the system provides real-time reporting of their
daily operations and transactions volumes.
The IntelliNAC system enables acquirers and processors to
control end-to-end transaction transport on their own, thus
eliminating the need to employ multiple third-party vendors and
allowing ISOs to deploy quickly and securely their terminals and
services to the field. IntelliNAC’s standards-based design
facilitates easy migration from legacy systems to IP, and rapid
adoption of emerging technologies such as VoIP carrier systems in
the future. The system’s expandable platform design protects
customers’ investments against future growth in transaction volumes
at significant scale. Hypercom also has plans to add mobile to
cellular gateway support.
Futureproof Integration for the Most Demanding Network
Environments
Hypercom's IntelliNAC concentrator utilizes an advanced,
high-density Digital Signal Processor network interface module that
supports a full family of analog boards supporting PSTN connection
or T1, E1 boards supporting CAS and ISDN PRI trunks on a single
card. As a result, a single 19-inch-wide chassis can support up to
16 digital trunk lines totaling 480 multispeed, multiprotocol modem
or data ports. The chassis also supports TCP/IP network interface
cards, allowing a user to mix and match dial and IP transactions
within a single, common platform designed for flexibility.
In addition to the network access interfaces, the IntelliNAC
system uses Secure Socket Layer to encrypt and transmit
transactions virtually instantaneously. The high-density,
multifunction network access controller supports an array of host
connection options such as X.25, SNA or TCP/IP, plus Wide Area
Network interfaces supporting use of IP VPN.
Other features include hot-swappable components and dual AC or
DC power supplies, dynamic multiprotocol dial access software,
powerful transaction routing and load balancing functions and
protocol conversion. For IP networking users, IntelliNAC can
directly connect to the Internet and provides firewall function to
protect a corporate LAN.
The feature-rich IntelliView™ network management server system
and associated applications for IntelliNAC provide all of the tools
needed to manage high-volume point-of-sale/point-of-transaction
networks in true client/server architecture. Specifically designed
for transaction networks, these systems provide features for status
monitoring and detailed reporting, configuration management,
activity and performance statistics, alerts and alarms, transaction
statistics and analysis, remote downloads and upgrades.
About Hypercom
Global payment technology leader Hypercom Corporation delivers a
full suite of high security, end-to-end electronic payment
products, software solutions 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, petroleum, healthcare, prepaid, self-service and
many other markets. Hypercom solutions enable businesses in more
than 100 countries to securely expand their revenues and profits.
Hypercom is a founding member of the Secure POS Vendor Alliance
(SPVA) and is the second largest provider of electronic payment
solutions and services in Western Europe and third largest provider
globally.
Hypercom is a registered trademark of Hypercom Corporation.
IntelliNAC and IntelliView are 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 of 1995, including statements
regarding market acceptance of new products, product capability and
performance, product competitiveness, product sales, revenues and
profits and market share. 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; the success of the launch of our next generation
networking technology products and the related customer acceptance
of said products; inventory obsolescence; market acceptance of new
products and services; compliance with industry standards,
certifications and government regulations; the performance of
suppliers, contract manufacturers and subcontractors; risks
associated with international operations and foreign currency
fluctuations, the state of the U.S. and global economies in
general, risks associated with the Company being merged with and
into VeriFone Systems, Inc. as contemplated by a definitive merger
agreement between the two companies, and other risks detailed in
our filings with the Securities and Exchange Commission, including
the Company's most recent 10-K, as amended, and subsequent 10-Qs
and 8-Ks. 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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