Hypercom Corporation (NYSE: HYC) announced today that The Phoenix Group, the largest independent distributor of point-of-sale products and services, plans to purchase up to $6 million of Hypercom's high security Optimum payment products for resale to its bank and ISO customers throughout the United States.
"Our customers demand the best price and performance in this tough economy and leaders like Hypercom deliver on both. Once you see these sensible, best value devices in action, it is abundantly clear that they raise the bar," said Scott Rutledge, founder and President of The Phoenix Group. "Hypercom's benchmark-setting products are one of the essential components to the secure functioning of the US electronic transaction market."
"Leaders like the Phoenix Group are proactively advancing to deliver the most sensible high security payment products that will help US retailers compete and build profits in today's demanding economic environment. We are delighted to provide the products they need to do just that," said Heidi Goff, President and Managing Director, The Americas, Hypercom Corporation.
Hypercom's high security Optimum T4200 product family for North America consists of four powerful 32-bit multi-application devices that share the same platform, user interface and software toolkit to maximize efficiency, application portability and offer customers a broad range of options to serve any market need.