Westpac Awards Hypercom $50 Million Contract

Westpac Banking Corporation Awards Hypercom Five Year Product and Services Supply Contract Valued at up to $50 Million

Selection Considerably Expands Hypercom Footprint

SCOTTSDALE, Ariz.--(BUSINESS WIRE)--Hypercom Corporation (NYSE: HYC) today announced that Westpac Banking Corporation, one of Australia’s largest financial services organizations by market capitalization, has selected and will deploy thousands of Optimum T4200 countertop terminals to merchants throughout Australia. Under the terms of the five year agreement, Hypercom will also service Westpac’s entire installed base of more than 80,000 terminals. Hypercom was selected as Westpac’s supplier after a rigorous RFP process. The T4200 terminal roll out, one of the payment industry’s largest ever in the region, will commence in early 2010. The parties estimate that Westpac will purchase terminals and services valued at approximately $50 million from Hypercom over the five year initial term of the contract.



“Westpac Banking Corporation is highly respected for its leadership, performance, innovation and unwavering singular focus on its customers. Their decision to switch to Hypercom represents a huge market share gain for the company in Australia and New Zealand, considerably expands our footprint, and is a superb endorsement of our company and our products,” said Jacques-Herve Maupin, Managing Director, Hypercom Asia Pacific.



Hypercom’s Optimum countertop and mobile series has received PCI PED security approval, MasterCard Worldwide Payment Terminal Security approval for IP and wireless communication and EMV Level 1 & 2 certifications for chip card transactions. All models 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.



For additional information, please visit http://www.hypercom.com/products/.



About Westpac Banking Corporation (www.westpac.com.au)

Westpac Banking Corporation is ranked in the top five listed companies by market capitalization on the Australia Securities Exchange Limited (ASX). Westpac is strategically focused on Australia, New Zealand and the near Pacific, maintains over 1,200 branches and serves about 10 million customers. Westpac merged with St. George Bank in 2008, Bank of Melbourne in 1997, Challenge Bank in 1995, and Trust Bank in New Zealand in 1996 and acquired Rothschild Australia Asset Management and parts of BT Financial Group in 2002.



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, petroleum, healthcare, prepaid, unattended and many other markets. Hypercom solutions enable businesses in more than 100 countries to securely expand their revenues and profits. Hypercom is a founding member of the Secure POS Vendor Alliance (SPVA) and is the second largest provider of electronic payment solutions and services in Western Europe and third largest provider globally.