Global | Change

Verifone Announces Retail Banking Distribution Agreement with BLM Technologies

Reseller Agreement Broadens Distribution of Verifone Banking Solutions to Empower Tellers and Enhance Customer Service February 28, 2008 San Jose, CA

Verifone Holdings, Inc. (NYSE: PAY) today announced a reseller arrangement with BLM Technologies, a leading provider of end-to-end branch technology solutions for financial institutions. BLM will market and distribute Verifone retail banking products.

Verifone retail banking solutions, including the industry-leading PCI PED approved Vx810, and the MX800 family of products, provide financial institutions with the ability to offer a new range of services to customers and to take full advantage of the time that the customer interacts with the teller.

“With its strong customer relationships in the retail banking industry, BLM provides Verifone with an experienced partner to accelerate our growth in this industry,” said Greg R. McFaul, general manager of Verifone’s Vertical Markets Group. “Our experience in delivering customer-facing solutions is well-suited for the teller workstation, banker’s desk, lobby kiosk’s and drive-thru environments and enables the bank to handle a larger number and wider variety of transactions.”

As one of the largest distributors of banking equipment in the United States, BLM is an independent resource offering unbiased analysis of hardware and service options.

“The advanced technology of Verifone’s payment products provides the ideal foundation for customer-facing bank applications,” said Dave Cunningham, vice president of Sales & Marketing for BLM Technologies, “Banks are increasingly intent on differentiating their services to customers and the combination of enhanced service, branding opportunities and multimedia content provides that ability.”

The MX870, the flagship of the MX800 family, offers the most advanced color ¼-VGA systems available on the market today, ideally suited to attention grabbing marketing programs. It provides an ideal platform for customer identification through magswipe/PIN entry when integrated with teller systems.

The multimedia capabilities of the MX800 family provide an opportunity to visually engage the customer with a dynamic brand and product messaging on a transaction device, to retain demand deposit customers and up-sell them to new bank products. It also provides electronic signature capture capabilities to reduce paperwork associated with signed documents and streamline their processing.

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About BLM Technologies ( Popup) Headquartered in Minneapolis, BLM Technologies is a single source provider of information technology consulting and branch automation solutions and services for the retail banking industry. BLM Technologies provides complete, custom solutions nationwide including hardware sales, fulfillment and installation; on-site and depot repair services; and asset disposal/recycling services. BLM Technologies sells and services products from the leading manufacturers of banking hardware. BLM Technologies has provided these solutions to financial institutions for over 25 years. BLM Technologies delivers, “Solutions you can bank on.”

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.