News | November 6, 2006

Point Of Sale Business Solution: Hypercom Appoints Kazem Aminaee Senior Vice President — Hypercom EMEA

Industry Veteran to Propel Company's Growth in Europe, the Middle East & Africa

Hypercom Corporation (NYSE: HYC) announced the appointment of Kazem Aminaee as Senior Vice President and General Manager - Hypercom EMEA. He will be responsible for directing and driving the company's sales, service and support in Europe, the Middle East and Africa. Mr. Aminaee will report to O.B. Rawls IV, Senior Vice President - International Sales. Mr. Rawls has been overseeing the day-to-day operations of Hypercom EMEA in addition to his global duties.

Mr. Aminaee joins Hypercom from Gemplus Group where he has served as Senior Vice President, Financial Services, EMEA, for the past two years. He has also held positions with Ingenico Group, Bull Smart Cards & Terminals and Bull Information Systems Ltd., and RIVA France S.A.

"Hypercom has a strong and growing presence in EMEA, and Kazem Aminaee brings the skill and market knowledge to help us continue to build market share," said O.B. Rawls IV. "Kazem is a highly experienced executive with in-depth experience and success in the electronic transaction business, and a thorough understanding of the point-of-sale business in Europe, the Middle East and Africa."

About Kazem Aminaee
Mr. Aminaee has more than 18 years of expertise in the electronic payment, ATM and smart card industries. In his most recent position with Gemplus Group, the smart card solutions provider, he directed all aspects of the company's sales, marketing and customer support to the banking and financial services sector in the region, and generated double-digit growth.

Previously, Mr. Aminaee held multiple executive positions at electronic payment solutions provider Ingenico Group. As Vice President, Retail & Petrol Europe, his responsibilities included directing sales to the multi-lane retail, petrol and financial acquirer sectors, entering into strategic partnership programs with leading EPOS suppliers and system integrators, negotiating major multi-million dollar contracts, and building a client service team in three countries. As Chief Marketing Officer, he established and built a centralized product marketing function and supervised a team of professionals in four countries. He was also a member of the company's Executive Committee.

Mr. Aminaee previously was Vice President, Sales and Marketing - South Europe for RIVA France S.A., where he directed the multi-million dollar sales portfolio of point-of-sale products for the retail market, and held a number of marketing and sales posts with Bull Smart Cards & Terminals Division and Bull Information Systems Ltd., a provider of smart cards, ATM cash dispensers, point-of-sale terminals and other payment products. His responsibilities at the two Bull companies included building direct and indirect sales channels, defining new products and services for the retail market, and opening new business opportunities for GSM smart cards, banking smart cards and ATMs throughout Europe.

Mr. Aminaee is fluent in three languages. He holds a Master's Degree in Engineering with emphasis on Electronic Systems Engineering and Digital Signal Processing from the University of Orsay in France.

About Hypercom (www.hypercom.com)
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.