News | December 18, 2006

Retail Solutions: Hypercom Moves To Strengthen Multi-Lane Team

Gary Franza Appointed Vice President & General Manager, Multi-Lane Systems

Hypercom Corporation (NYSE: HYC) announced today that it has moved to strengthen its Multi-Lane Systems team to provide a more robust platform for multi-lane sales and services in 2007. A number of changes have been made over the past few weeks, including the appointment of Gary Franza as Vice President and General Manager for the Multi-Lane Systems Group, replacing the former general manager.

Mr. Franza brings to the organization a wealth of experience including substantial background in managing indirect and direct distribution sales channels. His background includes over 15 years of global sales and general management experience at WatchGuard Technologies, Insight Enterprises and Hayes Microcomputer Products.

Reporting to Mr. Franza is Robert De Bona, Vice President, National Multi-Lane Sales. Mr. De Bona is a skilled executive and seasoned veteran of retail integrated solutions. He has been with the Hypercom organization for almost three years, and spent more than 14 years with Symbol Technologies. In addition, Russ Dhooge was named Vice President of Operations for the Group and is also reporting to Mr. Franza. Mr. Dhooge brings experience from Ingenico, where he served as Director of Operations for Financial Services, and Paymentech, where he directed POS Terminal and Host System product development.

Hypercom also took a number of actions over the past two weeks to address the performance and productivity of its Multi-Lane Systems sales organization and also plans to further expand its Multi-Lane and Integrated Systems sales team.

Gary Franza and the Multi-Lane Systems team report to O.B. Rawls IV, who has five years of previous experience in multi-lane sales management.

"The performance of our Multi-Lane Systems organization in 2006 required that the company take decisive action to strengthen its position and performance in the market, and create an appropriate platform for selling in 2007 and beyond," said Mr. Rawls. "This new organization will support the current multi-lane L4100 product, the S1300, and the PCI-certified L4200, L4250 and M4100 Blade products, as well as the planned products for 2007 and 2008."

About Hypercom Corporation (www.hypercom.com)
Global payment technology leader Hypercom Corporation (NYSE: HYC) 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, 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.