PartnerTech signs an order with Hypercom

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PartnerTech signs an order with Hypercom worth SEK 70 million PartnerTech has signed an order with Hypercom Financial AB to manufacture credit card terminals for use in an online system. The agreement is worth SEK 70 million. The order is to be fully delivered before the end of December. Hypercom has developed and obtained an order for a new and secure terminal for credit card payments, including the equipment that will guarantee secure funds transfer by means of PIN codes. Hypercom has in turn chosen PartnerTech to manufacture the credit card terminals. PartnerTech president Mikael Jonson comments, "Delivery of Hypercom's advanced product has already started, and the project will be concluded before the end of December. The product requires a great deal of technical expertise, particularly when it comes to security. A project like this one, which is highly demanding in terms of both time requirements and technology, allows us to demonstrate our skills and know-how in a variety of areas." Leif Nilsson, CEO of Hypercom Financial AB comments, "We were attracted by PartnerTech's flexibility and extensive technical expertise." Hypercom Corporation, which is a global leader in the field of payment systems, has its head office in Phoenix, Arizona. The company has installed over 5 million of its terminals in more than 100 countries. Hypercom is listed on the New York Stock Exchange. PartnerTech AB develops and manufactures electronics products under contract for leading growth companies, primarily in the telecom infrastructure, IT/mechatronics, and medical technology segments. The company, which has some 1,150 employees in Sweden and abroad, is quoted on the O list of the Stockholm Stock Exchange. For additional information, please contact: Mikael Jonson, President, PartnerTech AB, phone +46 (0)70 678 1001 Leif Nilsson, CEO, Hypercom Financial AB, phone +46 (0)733 367920 ------------------------------------------------------------ This information was brought to you by Waymaker The following files are available for download: