Global | Change

Verifone Announces MX880 Large Display Payment System

Latest Addition to MX800 Series Incorporates Tactile Keyboard with Largest Full-Motion Display for Secure Payment, High-Impact Promotions and Disability Law Compliance January 12, 2009 New York

(NRF 2009, Booth #2437) – Verifone Holdings, Inc. (NYSE: PAY), today introduced the MX880, a customer-facing multi-function payment system that combines a tactile keypad with the largest full-motion color video display and most powerful processor in the Verifone MX Solutions retail portfolio.

With a secure, Linux-based OS, forms-based application development environment and optional browser-based user interface, the MX880 offers maximum flexibility for creating secure payment and value-added applications. Based on the popular MX800 Series architecture, over 50 ISV’s will be able to easily offer support for the MX880 to their clients.

“With more than 300,000 systems installed, the MX800 Series has become the de facto standard in consumer facing payment systems,” said Paul Rasori, Verifone senior vice president, marketing. “With the combination of large screen and tactile keypad, the MX880 adds more choice and flexibility for retailers, who can mix and match it with other MX800 systems in their unique environment to maximize revenue-generation schemes.”

Designed to meet PCI PED specifications, the MX880 goes beyond industry security standards by supporting VeriShield Protect, Verifone’s end-to-end cardholder data encryption solution. The MX880 delivers high-impact promotions and value-added applications, while quickly and securely processing payments in every kind of situation, from high-volume attended lanes, to self-service check-outs and kiosks. The tactile keyboard ensures compliance with all requirements for PIN entry by the visually impaired.

The new system, like other members of the MX800 Series, takes advantage of Verifone’s PAYware Vision, a fully integrated suite of software for device asset tracking, remote software downloads, marketing content delivery, signature capture and charge back processing, all from a secure central point of administration.

The MX880 provides maximum display space for video promotions and signature capture, incorporated with a tactile keypad for PIN entry. The large screen area efficiently accommodates optional signature capture, coupled with scrolling receipts, full-motion video, branding and suggestive selling.

The MX880 will be available by mid-2009.

Additional Resources:

www.verifone.com/mx880

About Verifone Holdings, Inc. (www.verifone.com)
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.

Safe Harbor Statement under the Private Securities Litigation Reform Act of 1995 for Verifone Holdings, Inc.:
This press release includes certain forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. These statements are based on management's current expectations or beliefs and are subject to uncertainty and changes in circumstances. Actual results may vary materially from those expressed or implied by the forward-looking statements herein due to changes in economic, business, competitive, technological and/or regulatory factors, and other risks and uncertainties affecting the operation of the business of Verifone Holdings, Inc. These risks and uncertainties include: our ability to successfully manufacture, distribute, market and sell the MX880 and related software applications, our customers' acceptance and adoption of our newly released products and applications, our ability to protect against fraud, the status of our relationship with and condition of third parties upon whom we rely in the conduct of our business, our dependence on a limited number of customers, uncertainties related to the conduct of our business internationally, our dependence on a limited number of key employees, short product cycles, rapidly changing technologies and maintaining competitive leadership position with respect to our payment solution offerings. For a further list and description of such risks and uncertainties, see our filings with the Securities and Exchange Commission, including our annual report on Form 10-K and our quarterly reports on Form 10-Q. Verifone is under no obligation to, and expressly disclaims any obligation to, update or alter its forward-looking statements, whether as a result of new information, future events, changes in assumptions or otherwise.