Global | Change

Verifone Prices Follow-On Offering

September 20, 2005 San Jose, CA

Verifone Holdings, Inc. (NYSE: PAY) announced today that it has priced its public offering of 13,078,248 shares of common stock at $20.78 per share, the closing price of the shares on the New York Stock Exchange on Monday, September 19. The aggregate public offering price of the offering was $271,765,993. The offering included 2,500,000 shares sold by Verifone and a further 10,578,248 shares sold by selling stockholders, including members of management. The underwriters have been granted a 30-day option to purchase up to an additional 1,961,737 shares from the selling stockholders.

J.P. Morgan Securities Inc. and Lehman Brothers Inc. served as joint book-running managers. Credit Suisse First Boston, Goldman, Sachs & Co., Wachovia Securities and SunTrust Robinson Humphrey served as co-managers.

Copies of the prospectus relating to the offering may be obtained from J.P. Morgan Securities Inc., Prospectus Department, One Chase Manhattan Plaza, Floor 5b, New York, New York, 10081, or Lehman Brothers Inc., c/o ADP Financial Services, Integrated Distribution Services, 1155 Long Island Avenue, Edgewood, New York, 11717.

This press release shall not constitute an offer to sell or a solicitation of an offer to buy, nor shall there be any sale of these securities in any state or jurisdiction where such offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of such state or jurisdiction. Any offer or sale will be made only by means of the written prospectus forming a part of the effective registration statement.

About Verifone Holdings, Inc.
Verifone Holdings, Inc. (“Verifone”) (NYSE: PAY), a global leader in secure electronic payment technologies, provides expertise, solutions and services for today with a migration strategy for tomorrow. Verifone delivers solutions that add value to the point of sale, resulting in improved merchant retention and the generation of new sources of revenue for its partners and customers. Verifone solutions are specifically designed to meet the needs of vertical markets including financial, retail, petroleum, government and healthcare.