×

3Pea International Selects Futurex Excrypt™ SSP9000 Hardware Security Module for EMV Card Issuance and Transaction Processing

BULVERDE, Texas--(BUSINESS WIRE)-- Futurex, a trusted manufacturer of hardware-based data security solutions, today announced that 3Pea International, Inc. (OTCBB:TPNL), a leading payment solutions provider in the health care industry, has selected the Excrypt™ SSP9000 hardware security module (HSM) for their EMV transaction processing and card issuance needs.

A long-time customer of Futurex, 3Pea International selected the Excrypt™ SSP9000 HSM as part of an upgrade from their existing Excrypt™ SSP7000 units. By upgrading to the Excrypt™ SSP9000, 3Pea International takes advantage of Futurex’s continued compliance with emerging standards, such as PCI HSM, and is prepared for the introduction of EMV technology in the United States.

Established in 1995, 3Pea International has a reputation for creativity in the issuance of prepaid card products to the healthcare industry and beyond. In addition to traditional prepaid card services, 3Pea provides comprehensive, market-leading technology for secure payment solutions tightly coupled with real-time claims adjudication services to more than 62,000 pharmacies nationwide. Since 2007, 3Pea International has issued over 30 million cards to the healthcare industry.

"As an authorizing processor to various card networks, the Excrypt™ SSP9000 Hardware Security Module provides a complete solution for current key management and authorization requirements for an issuer such as Card Verification and PIN validation, and future authorization requirements such as EMV," said Mark Newcomer, President, 3Pea International. “The Excrypt™ SSP9000 compliance to emerging standards such as PCI HSM also allows it to be integral to the core security strategy of our Card Management System, and will be used to protect cardholder data in compliance with PCI-DSS.”

The Excrypt™ SSP9000 is the world’s fastest payment HSM, operating at up to 2,250 transactions per second. In addition to unmatched processing speed, the Excrypt™ SSP9000 offers robust physical and logical security, compliance with all current and emerging industry standards, and a customizable architecture designed for seamless functionality expansion.

For more information about Futurex, please e-mail info@futurex.com or call +1 830-980-9782.

About Futurex (www.futurex.com)

For over 30 years, Futurex has been a globally recognized name in providing secure, robust, and cost‐effective data encryption security solutions. Over 15,000 customers worldwide have trusted Futurex’s innovative hardware security modules and key management servers to provide market-leading technology for the secure encryption, storage, and transmission of sensitive data. Futurex maintains an unyielding commitment to offering advanced, standards-compliant data encryption solutions alongside world class customer service.

About 3Pea International (www.3pea.com)

3Pea International, Inc. is a payment solutions company which currently focuses on providing prepaid debit program management and processing services. We provide a card processing platform consisting of proprietary systems and innovative software applications based on the unique needs of our programs. Through this platform, we provide a variety of services including transaction processing, card creation and fulfillment, cardholder enrollment, value loading, cardholder account management, reporting, integrated voice response, and customer service. For more information about 3Pea please visit www.3pea.com.

Forward-Looking Statements:

Certain statements in this news release may contain forward-looking information within the meaning of Rule 175 under the Securities Act of 1933 and Rule 3b-6 under the Securities Exchange Act of 1934, and are subject to the safe harbor created by those rules. All statements, other than statements of fact, included in this release, including, without limitation, statements regarding potential future plans and objectives of the companies, are forward-looking statements that involve risks and uncertainties. There is no assurance that such statements will prove to be accurate, and actual results and future events could differ materially. 3Pea undertakes no obligation to publicly update or revise any statements in this release, whether as a result of new information, future events, or otherwise.

Futurex
Adam Cason, 830-980-9782 Ext. 1313
acason@futurex.com
or
3Pea International, Inc.
Brian Polan, 702-749-7234
Investor Relations
Investor@3Pea.com
bpolan@3Pea.com

Source: Futurex and 3Pea International, Inc.