Verifone Announces RoHS Compliant Shipments
Meets Deadline for Hazardous Substance Restrictions on Shipments to European Union
June 29, 2006
San Jose, CA
San Jose, CA - June 29, 2006 - Verifone Holdings, Inc. (NYSE: PAY) today announced the successful transition to RoHS-compliant product variants shipped to European Union countries.
With implementation of RoHS-- the Restriction of the Use of Certain Hazardous Substances -- the EU has banned the use of lead, cadmium, mercury, hexavalent chromium, PBB and PBDE flame-retardants in most electrical and electronic equipment put on the EU markets. Beginning July 1, 2006, all products put on the EU markets must comply with the Directive.
As a trusted global leader in the secure electronic payment industry, Verifone is committed to protecting the environment, using non-hazardous materials and enabling the proper disposal of its products at the end of their useful life, and therefore will also provide these RoHS-compliant products on a global basis during the second half of 2006.
“Today’s announcement marks the achievement of a cross-functional company wide effort to successfully re-invest and re-engineer our broad product portfolio to adhere to the RoHS guidelines,” said Paul Rasori, Verifone vice president of product marketing. “Verifone understands that our payment solutions are often a critical piece in our partner’s day-to-day business operations, and the transition to environmentally friendly products must be seamless and transparent.”
Verifone’s RoHS compliant products have been designed to be compatible with existing non-compliant variants, while also adhering to Verifone’s existing product specifications and high-standards of performance and reliability.
Additional Resources: http://www.verifone.com/services/environmental
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.