Global | Change

Verifone To Present Multi-Lingual MX870 At Cards Middle East 2006

Interactive Multimedia Platform To Be Demonstrated At Region’s Leading Cards and Payments Event May 23, 2006 London and Dubai
London & Dubai - May 23, 2006 -Verifone Holdings, Inc. (NYSE: PAY) today announced that it will present its latest generation solutions – including the multi-lingual MX870 multimedia platform – at Cards Middle East 2006 in Dubai, United Arab Emirates (22nd – 23rd May 2006, Al Bustan Rotana Hotel, Dubai).

Cards Middle East, now in its 7th year, is the leading cards and payment event for the region. Verifone will be exhibiting at the show following its debut attendance last year, and will be demonstrating the new multimedia MX870 device – which features support for multi-languages, including Arabic – alongside its latest generation Vx Solutions family of IP-based countertop and wireless-based mobile payment solutions.

The Verifone MX870 enables retailers to take advantage of sophisticated multimedia delivery and powerful branding capabilities for a variety of value-added applications, such as mobile phone top-up, loyalty or lottery schemes. The MX870 combines full-motion video, a vibrant 65,536-colour display, and high quality digital sound to deliver unprecedented digital signage opportunities for branding, promotion and advertising at the Point of Sale.

Verifone’s expanding presence in the key Middle East region is supported by its four Verifone International Partners and payment sector experts – International Turnkey Systems (Kingdom of Saudi Arabia, Kuwait and Lebanon), Marshal Equipment (Oman, UAE, Bahrain and Qatar), Eastern Networks (Jordan and Yemen) and Systems Engineering of Egypt.

“The Middle East is a growing territory for Verifone, our market share is increasing year on year,” said Nigel Bidmead, Managing Director for Verifone EMEA. “With major new revenue opportunities available to banks and retailers through Verifone’s latest solutions, including our new MX870, we are looking forward to further increasing our presence and support for our customers in the region.”

The MX870 combines a secure payment solution and multimedia delivery platform in a single networking appliance. With support for magnetic stripe and smart card acceptance and a contactless reader, the modular MX870 also provides the ideal platform for a variety of value-added applications and services.

Additional Resources:

Cards Middle East 2006, Al Bustan Rotana Hotel, Dubai, UAE - United Arab Emirates from 22 to 23 May.

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.