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Verifone Holdings, Inc. Files S-1 Registration Statement with SEC

January 11, 2005 San Jose, CA

Verifone Holdings, Inc. has filed a registration statement on Form S-1 with the Securities and Exchange Commission relating to a proposed initial public offering of its common stock. A portion of the shares will be issued and sold by Verifone, and a portion will be sold by certain of its stockholders.

Credit Suisse First Boston and JP Morgan Securities Inc. will act as joint book-running managers for the proposed offering. A copy of the prospectus relating to these securities may be obtained, when available, from: Credit Suisse First Boston LLC, Prospectus Department, One Madison Avenue, New York, NY 10010 or JP Morgan Securities Inc. 277 Park Avenue, New York NY 10172.

A registration statement relating to these securities has been filed with the Securities and Exchange Commission but has not yet become effective. These securities may not be sold nor may offers to buy be accepted prior to the time the registration statement becomes effective. This release shall not constitute an offer to sell or the solicitation of an offer to buy nor shall there be any sale of these securities in any State in which such offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any such State.