Hypercom Appoints Samia Christine Bounaira Managing Director – Mexico

SCOTTSDALE, AZ and MEXICO CITY, October 14, 2008 (AllPayNews.com) – Hypercom Corporation (NYSE: HYC) today announced the appointment of Samia Christine Bounaira as Managing Director, Hypercom Mexico. Ms. Bounaira is responsible for driving sales, service and support in the country. She takes over for Jaime Arroyo who is now responsible for the Caribbean, Central America and Andean countries (CCA). Ms. Bounaira reports to Heidi Goff, President and Managing Director, The Americas, Hypercom Corporation. Her appointment is effective immediately.

Ms. Bounaira joins Hypercom from Oberthur Technologies, where she was Sales Director, Mexico and Central America. She also held positions with Krones AG and Dornier System GmbH.

“Samia is a seasoned executive with extensive in-country and in-region expertise and an excellent understanding of the financial and retail sectors,” said Ms. Goff. “Her skill and market knowledge makes her ideally suited to lead Hypercom in this important country and will be invaluable in helping us quickly build more market share.”

About Samia Christine Bounaira

Ms. Bounaira has more than 20 years of international sales and management experience in card-based products and services, beverage production solutions and telecommunications. As Oberthur Technologies Sales Director for Mexico and Central America from 2004 to present, Ms. Bounaira directed all aspects of the company’s in-country sales and marketing to the banking, government and transport sectors. Among her many accomplishments, Ms. Bounaira opened the lead office in Mexico City and in less than one year generated significant market share and doubled sales revenues.

Prior to that, Ms. Bounaira worked for fifteen years at Krones AG in a number of positions including Sales and Project Director and Sales and Project Manager based in Mexico City, and Project Manager and Sales Account Manager based in Regensburg, Germany. Previously, Ms. Bounaira worked as a Sales Representative with Dornier System GmbH in Friedrichshafen, Germany.

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, healthcare, prepaid, unattended and many other markets. Hypercom solutions enable businesses in more than 100 countries to securely expand their revenues and profits. With its acquisition of Thales e-Transactions business earlier this year, Hypercom became the second largest provider of electronic payment solutions and services in Western Europe, and solidified its position as the third largest provider globally.

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Hypercom is a registered trademark of Hypercom Corporation. All other products or services mentioned in this document are trademarks, service marks, registered trademarks or registered service marks of their respective owners. This press release includes statements that may constitute forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995, including statements regarding the qualifications of the Company's new Managing Director, Hypercom Mexico; the Company's expected future performance; market acceptance of new products; product capability and performance; product competitiveness and market share; and product sales, revenues and profits. These forward-looking statements are based on management’s current expectations and beliefs and are subject to risks and uncertainties that could cause actual results to differ materially from those described in the forward-looking statements. In particular, factors that could cause actual results to differ materially from those in forward-looking statements include, the ability to attract and retain qualified executives; industry, competitive and technological changes; the loss of, and failure to replace any significant customers; the composition, timing and size of orders from and shipments to major customers; inventory obsolescence; market acceptance of new products and services; compliance with industry standards, certifications and government regulations; the performance of suppliers and subcontractors; our ability to improve our cost structure, including reducing our product and operating costs; our ability to successfully manage our transition to a contract manufacturing model, including the impact on inventories; our ability to allocate research and development resources to new product and service offerings; our ability to increase market share and our competitive strength; our future financial performance and financial condition; risks associated with international operations and foreign currency fluctuations; the state of the U.S. and global economies in general and other risks detailed in our filings with the Securities and Exchange Commission, including the Company's most recent 10-K and subsequent 10-Qs and 8-Ks. Forward-looking statements speak only as of the date made and are not guarantees of future performance. We undertake no obligation to publicly update or revise any forward-looking statements.