Hypercom Appoints William Rossiter Vice President of Marketing

SCOTTSDALE, Ariz.--(BUSINESS WIRE)--Hypercom Corporation (NYSE: HYC) today announced the appointment of William Rossiter as Vice President of Marketing. Mr. Rossiter will be principally responsible for the deployment of the Company’s mobile payment technology. He reports to Philippe Tartavull, Chief Executive Officer and President.

“With this appointment we ramp up our capabilities and strengthen our competitive positioning in mobile payments,” said Mr. Tartavull. “Will is a dynamic and experienced executive with a keen understanding of the mobile and wireless markets and what it takes to win business, build market share and strengthen our global footprint.”

Mr. Rossiter brings to Hypercom nearly a decade of marketing, sales, business development expertise in electronic transactions, mobile payments and consumer electronics. He served for six years with Oberthur Card Systems in positions including Vice President, Wireless Sales & Marketing; Director, Wireless Business Development; National Accounts Manager, and Financial Analyst. He joins Hypercom from the brand strategy consulting firm Bassett & Partners. In his prior roles, he has worked with globally-respected high-tech companies such as Microsoft and Dell, and leading wireless carriers including AT&T, T-Mobile, Telcel and Telefonica. Mr. Rossiter holds a master’s in Business Administration from the Stanford Graduate School of Business, and a bachelor’s in English and Economics from Santa Clara University.

Global payment technology leader Hypercom Corporation delivers a full suite of high security, end-to-end electronic payment products, software solutions 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, self-service 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.

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, expertise and expected performance of the Company’s new Vice President, Marketing; the Company’s expected future performance; market acceptance of new products, product capability and performance, product competitiveness, product sales, revenues and profits, market share, and expected acquisition results and benefits. 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: 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, contract manufacturers and subcontractors; the ability to successfully integrate the technologies, operations and personnel of acquired businesses in a timely manner; the ability to obtain the expected strategic and financial benefits from acquisitions; 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. HYCP