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Wincor Nixdorf to distribute Hypercom terminals in US

31 July 2006  |  2433 views  |  0 Source: Wincor Nixdorf

Enhancing its leadership in total POS solutions, Wincor Nixdorf today announced that it has entered into a strategic reseller agreement with Hypercom Corporation (NYSE:HYC) under which Wincor Nixdorf will provide Hypercom's multi-lane Optimum payment terminals as a key part of its total solutions for grocery and convenience stores, mass merchandisers, specialty retailers and quick service restaurants in the United States.

Both companies anticipate expanding the offering to global markets, and will cooperate closely on joint sales and marketing opportunities. The agreement follows certification of Hypercom's Optimum terminals for Wincor Nixdorf POS software.

"This agreement with Hypercom is an important part of Wincor's total solutions strategy," said Doug Evans, vice president of retail, Wincor Nixdorf USA. "Wincor Nixdorf and Hypercom have worked together on a number of shared customers, and we've been impressed with Hypercom's products and people. The strategic reseller agreement is a natural extension of our existing relationship."

Wincor Nixdorf is one of the fastest growing, most profitable companies in retail technology, with a customer base that includes many of the world's most admired retail brands. Wincor Nixdorf works with its customers as a valued technology partner whose strength lies in combining software, services and hardware to create best-in-class store solutions for the largest chains, as well as mid-tier retailers and franchise operators.

"Wincor Nixdorf is a leader in the global information technology marketplace and has customers in many important market segments. The strategic relationship embodied in our new agreement with Wincor Nixdorf substantially strengthens our positioning with customers in the form of grocery and convenience stores, mass merchandisers, specialty retailers and quick service restaurants, beginning in the USA. Hypercom was chosen for its immediate availability of "best in class" multi-lane POS products required to make this relationship successful. We see terrific opportunities for close cooperation in sales and marketing activities to increase Hypercom's visibility in the principal market segments served by Wincor Nixdorf," said William Keiper, Hypercom Chief Executive Officer and President.

Hypercom is the world leader in high security electronic transaction and payments technology. The company's Optimum L4100, L4200 and L4250 multi-lane terminals complement Wincor Nixdorf's solution offerings with their industry-leading transaction speeds and the ability to handle multi-step transactions such as credit/debit authorization and loyalty points calculation without cashier intervention. In addition, Hypercom's payment terminals meet the strict security requirements set forth by VISA PCI-PED, Interac (Canada) and EMV. Equipped with bright, large screens, these terminals are designed to provide an easy and intuitive payment experience for customers. The dual head magnetic stripe reader reduces the need for customers to swipe more than one time.

In addition, Hypercom's Forms Processing Engine (FPE) application allows for easy integration into retailers' current systems. Optional payment interfaces on these devices include contactless payment and a smart card reader.

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