Global | Change

Verifone Launches Professional Services Organization

Will Utilize ISTS Worldwide as Global Partner in Delivery of Professional Services for Integrated Solutions Customers January 10, 2008 San Jose, CA

Verifone Holdings, Inc., (NYSE: PAY) today announced formation of the Verifone Integrated Systems Professional Services organization and an agreement with ISTS Worldwide, Inc. to augment Verifone’s existing solutions delivery capabilities with the global retail and payment solutions delivery capability of ISTS Worldwide.

Verifone Integrated Systems Professional Services will expand Verifone’s solution delivery capabilities in the area of retail IT, enterprise level payments software, POS integration, and custom application development. ISTS Worldwide is a successful solutions provider specializing in the retail and payments industry, with experience working with Verifone products and customers.

“Partnering with ISTS significantly expands Verifone’s professional services capabilities and provides customers with one-stop shopping for integrated products and services,” said Bud Waller, Verifone executive vice president, Integrated Solutions. “ISTS has demonstrated unique expertise in retail payments front-end and back office applications and has developed a cost-effective global delivery model.”

“Our ability to consistently deliver innovative, customer-focused and cost-effective solutions to the retail and payments market makes ISTS an ideal partner for implementation of Verifone’s market-leading solutions,” said Viren Rana, president & CEO, ISTS Worldwide, Inc.

The new professional services organization and partnership will enable Verifone to deliver any custom solution or systems integration project required by its retail and software customers.

“As retailers increase the customer touch points within their stores, implement self-service applications or add new payment methods utilizing Verifone products, these new applications need to be integrated into a retailers existing infrastructure to deliver full value to the retailer,” Waller said. “Our customers look to Verifone to develop the complete solutions which we can now offer with our Professional Services Organization.”

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About ISTS Worldwide
ISTS Worldwide ( Popup) is a leading software development, consulting and systems integration services firm leveraging complementary enablers of People, Process, Technology, Global Delivery capabilities and domain expertise in the Retail & Payment technology verticals. ISTS enables organizations to maximize performance and reduce operating costs through its best of breed technology services stack delivered through a proven hybrid (onsite - offshore) global delivery model.

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.