Global | Change

Verifone Provides Managed Services Pay-At-The-Table Solution to Italy’s Rossopomodoro Chain

PAYware Express Gateway Services and Software Drive POS-Integrated Verifone Vx 670 WiFi-Enabled Systems July 18, 2011 San Jose, CA

Verifone Systems, Inc. (NYSE: PAY), today announced an agreement to supply a managed services pay-at-the-table solution to the Rossopomodoro restaurant chain in Italy. Rossopomodoro is part of the Sebeto Group.

Utilizing Wi-Fi enabled Verifone Vx 670 mobile payment acceptance systems that are managed through the Verifone PAYware Express gateway service, Rossopomodoro staff are able to accept payment at the table, with check amounts automatically generated from the restaurant chain's existing POS system.

"Verifone provides Rossopomodoro with a complete managed services solution that gives us complete control over our payment infrastructure, including consolidated reporting of payments from all of our locations," said Sebeto Group President Franco Manna. "Servers can accommodate our guests promptly and efficiently through one integrated payment process, ensuring greater satisfaction and increased productivity."

The Verifone managed services solution has been deployed at all 110 Rosso Pomodoro locations in Italy. Rossopomodoro also operates in the UK, Spain, Iceland, Turkey, Saudi Arabia, Japan, the United States and Argentina. Sebeto Group also owns other successful restaurants brands throughout Europe including Anema & Cozze and Pizza & Contorni.

"This is a very prestigious win for Verifone's managed service pay-at-the-table solution and we hope to expand on our relationship with Rossopomodoro in the future," said Imanuel Baharier, general manager of Verifone Italy.

Verifone managed services programs incorporate hardware, software, security and services into one cost-effective, secure and easy-to-budget solution that improves efficiency of servers and counter clerk and enhances the overall customer experience.

Safe Harbor Statement under the Private Securities Litigation Reform Act of 1995 for Verifone Systems, Inc.
This press release includes certain forward-looking statements related to Verifone Systems, Inc. within the meaning of the Private Securities Litigation Reform Act of 1995. These statements are based on Verifone 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 Systems, Inc. These risks and uncertainties include: the successful rollout of managed services pay-at-the-table solution in Italy, 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.

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