SCOTTSDALE, Ariz., June 23, 2009 – 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.” Read More