NOVA Information Systems Selects Verifone Vx 610 for Sprint Nextel CDMA Wireless Payment Systems
Fast Wireless Device Ideal for Mobile Merchants
October 24, 2006
San Jose, CA
San Jose, CA - October 24, 2006 - Verifone Holdings, Inc. (NYSE: PAY) today announced that NOVA Information Systems has selected the Verifone Vx 610 portable payment solution with which to supply merchants wireless payment transactions utilizing Sprint Nextel’s CDMA service.
NOVA has Class-A certified the Vx 610 and will release it to its sales channels following the completion of a beta period.
“Verifone’s Vx 610 represents a next-generation wireless payment solution that will provide added value to our new clients, as well as to existing mobile merchants interested in the speed delivered by this device,” said David L. Strider, executive vice president, North America Business Development, NOVA. “This payment solution is ideal for anyone who needs to offer payment on the go or in a temporary location.”
“Mobile merchants need to look to the future,” said Jesse Adams, Verifone executive vice president, North America Sales. “We are eager to work with NOVA to equip existing and new customers with the Vx 610 and the benefits of IP-based payment transactions.”
Verifone's Vx 610 delivers blazing performance, high-end functionality, and exceptional ease of use - without tying customers to a fixed location. The Vx 610 is powered by a 32-bit processor to securely handle multi-application needs swiftly, and its modular design provides true investment protection, allowing easy adaptation to new technologies and alternate communications protocols. It is ideal for use in outdoor markets, delivery services, and for instantly adding an extra lane during peak business hours.
NOVA Information Systems, a leader in the payment processing industry is a wholly owned subsidiary of U.S. Bancorp (NYSE: USB). Combined, NOVA and its affiliates First Horizon Merchant Services, euroConex and Elan provide global merchant processing services to financial institutions and clients in the United States, Canada, and Europe. NOVA offers integrated payment processing services to more than 1,000,000 merchants worldwide. For more information, visit www.novainfo.com
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.