SCOTTSDALE, Ariz., May 10, 2010 (BUSINESS WIRE) -- FMI - Marketechnics -- Hypercom Corporation (NYSE: HYC) today introduced the L5000, a revolutionary new product family of customer-facing, multipurpose, multimedia payment terminals featuring the broadest range of functional and communication capabilities for the widest spectrum of multilane retailers.
Hypercom's L5000 family represents the industry's most comprehensive line of high performance, multilane terminals that will connect to any point-of-sale register system with any communications protocol including Wi-Fi and Bluetooth(R).
The new product lineup enables multiple in-store use beyond the traditional checkout line, including in-aisle product locating, barcode price checking, health insurance card processing at the pharmacy, gift card loading and wedding registry processing at kiosks.
Unlike competitors' products, the L5000 features an integrated ADA compliant keyboard, a side lit keypad, braille characters and a headphone jack to assist the visually disabled. It also features a full VGA color display and hardened glass capacitive touch screen providing the industry's brightest and most legible interface for interactive multimedia advertising.
Unlike competitive products, the L5000 features modular communications interfaces (Wi-Fi, Bluetooth, contactless, Power over Ethernet) that enable retailers to change their connectivity options as their needs change. To maximize flexibility and minimize upfront costs, the L5000 also features a modular contactless reader for easy in-field upgrading to contactless card and NFC technology.
Also unlike competitors' products, the L5000 product family includes a cradled, cordless Wi-Fi or Bluetooth(R) hand-over device that lets clerks at jewelry, cosmetic and other high value counters bring the payment device to the customer, thus enabling the employee to stay with the customer throughout the sales process, and do so without unsightly cables.
Hypercom's new multilane product line is powered by a 400 MHz processor and advanced Linux operating system to deliver unrivaled in-store multimedia capabilities and speed.
The L5000 represents the most secure multilane product family ever introduced.
It is designed to meet PCI PTS 2.x security compliance and features the payment industry's widest array of high security data encryption technology. Unlike competitor products, Hypercom's full X509 PKI (public key infrastructure) HyperSafe(R) security layer is also embedded in every model to protect the terminal and applications from hacking and malware attacks. The L5000 product line incorporates Hypercom's HyperSafe(R) Remote Key System (HRKS) for quick and secure on-site, in-store payment terminal key injection at the point-of-sale.
-- L5300 -- the sleekest workhorse for the high-end checkout line with full VGA color 5.7" large screen, brilliantly crisp interactive multimedia display and signature capture, integrated keypad with side lighting, audio speaker and audio port, advanced modular communications and optional Contactless and EMV smart card readers.
-- L5200 -- elegant, rugged entry level workhorse for merchants seeking a smaller signature capture terminal with full VGA color 4.3" screen for in-lane interactive marketing.
-- L5350 -- the sleek cordless version of the L5300, specifically designed for jewelry, cosmetic and other high-end counters.
-- L5400 -- the high end in-aisle wall mounted or countertop seated version with full VGA color 5.7" interactive touch screen multimedia display and barcode scanner for price checks, product locating, product pre-ordering and account balance checking. The L5400 can also be configured for signature capture applications in which an integrated keypad is not required.
"The L5000 is a revolutionary technological advance that gives retailers in all tiers the ability to use these products for far more than just payments.
Competitors talk of evolution, and that's fine for them. But for all multilane retailers in North America and throughout the world, the L5000 allows them for the first time to match the specific needs of each department with a value-added product in the L5000 family, all while knowing that the industry's strongest security is at work in every device," said Lloyd Baylard, Vice President, Multilane Products, Hypercom Corporation.
The L5300 and L5400 will be the available this summer. The L5350 and L5200 will be available early next year. For a hands-on demonstration, visit Hypercom booth #6332 at FMI 2010.
About Hypercom (www.hypercom.com) 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 and HyperSafe 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 of 1995, including statements regarding market acceptance of new products, product capability and performance, product competitiveness, product sales, revenues, 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; inventory obsolescence; market acceptance of new products and services; compliance with industry standards, certifications and government regulations; the performance of distributors, 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 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 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 SOURCE: Hypercom Corporation CONTACT: Hypercom Corporation Pete Schuddekopf, 480-642-5383 firstname.lastname@example.org Copyright Business Wire 2010 -0- KEYWORD: United States
Nevada INDUSTRY KEYWORD: Technology
Other Retail SUBJECT CODE: Product/Service