Meets Environmental Requirements for Electrical Equipment
San Jose, CA - March 05, 2007 - Verifone Holdings, Inc. (NYSE: PAY) today announced that it has achieved compliance with the “Administrative Measures on the Control of Pollution Caused by Electronic Information Products” – commonly referred to as China RoHS – as required by China's Ministry of Information Industry.
Equivalent to the European Union’s Restriction of the Use of Certain Hazardous Substances, the China regulations restrict the importation into and production within China of electrical equipment containing certain hazardous materials, such as lead, mercury, cadmium, hexavalent chromium, PBB and PBDE flame-retardants.
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.
“Verifone has made another major step in the transition to environmentally friendly products,” said Paul Rasori, Verifone vice president of global product marketing. “We are committed to ensuring customers enjoy the broadest product portfolio in compliance with global standards for safe materials in electronic equipment.”
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.
About Verifone Holdings, Inc.
Verifone Holdings, Inc. (“Verifone”) (NYSE: PAY) is the global leader in secure electronic payment solutions. Verifone provides expertise, solutions and services that add value to the point of sale with merchant-operated, consumer-facing and self-service payment systems for the financial, retail, hospitality, petroleum, government and healthcare vertical markets. Verifone solutions are designed to meet the needs of merchants, processors and acquirers in developed and emerging economies worldwide.