Valutec Class A Certifies Gift and Loyalty Applications on Hypercom’s Optimum T4200 Platform--

SCOTTSDALE, AZ and FRANKLIN, TN, July 10, 2008 -- Hypercom Corporation (NYSE: HYC) and Valutec Card Solutions, LLC today announced that Valutec has Class A certified its proprietary gift and loyalty products on the Optimum T4200 platform. The certification will allow Valutec’s resellers and their merchants to benefit from Hypercom’s new PCI PED approved, 32-bit multi-application card payment terminals.

“By combining Valutec’s stored value applications with Hypercom’s new, high-performance countertop product line, our resellers and their merchants will be in an excellent position to reap the profit-generation benefits of gift and loyalty programs at the point-of-sale,” said Dan Brames, General Manager of Valutec, a leading provider of closed-loop, in-store gift and loyalty card solutions to small and medium-sized businesses.

“Valutec’s certification validates the Optimum T4200’s industry-leading memory footprint, extensive functionality and state-of-the-art security. It is the latest in a series of certifications that we’ve received for our technology and another clear indicator that Hypercom is becoming the payment provider of choice for merchants globally,” said Heidi Goff, President and Managing Director, the Americas, Hypercom Corporation.

Hypercom’s Optimum T4200 family consists of six powerful, multi-application terminals with a consistent “look and feel”, based on the same user-friendly and space-saving ergonomics. The Valutec Class A certified terminals include models with dial only and Ethernet/dial backup connectivity. The new terminals join a full array of high-performance Optimum countertop, multi-lane, wireless and portable terminals that have been adopted by leading banks, retailers and independent sales organizations globally since Hypercom introduced its first 32-bit Optimum product in 2004.

For additional information on Hypercom’s Optimum T4200, please visit: http://hypercom.com/products/countertop.asp.

About Valutec (www.valutec.net)

Valutec Card Solutions, LLC (www.valutec.net) is a leading provider of turnkey gift and loyalty card services to small- and mid-market general and specialty retail, restaurant, spa/beauty salon and hospitality merchants. Headquartered in Franklin, Tennessee, Valutec Card Solutions, LLC, a Metavante (NYSE:MV) company, currently services over 15,000 merchants in over 40,000 locations.

Metavante and Valutec are registered trademarks of Metavante Corporation, which is the principal subsidiary of Metavante Technologies, Inc.

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. With its acquisition of Thales e-Transactions 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.

Hypercom and Optimum and Design are registered trademarks 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 market acceptance of new products, product certifications, 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.