Hi B,
I like it. Looks like the breakout in price and vol is for real
Here's the news that caused the spike - (where the heck do you find these??)
Hypercom to Provide Sanswire.Net With Turnkey IP Telephony Solution For Multinational Service Rollout
BusinessWire, Tuesday, June 08, 1999 at 08:14
PHOENIX--(BUSINESS WIRE)--June 8, 1999--Sanswire.Net, a rapidly
growing Internet communications service provider, will deploy an
integrated end-to-end IP telephony infrastructure solution from
Hypercom Corp. (NYSE:HYC) to provision services in as many as 140
cities throughout the world. Uniting technology components under its
e.Telephony solution, Hypercom's Network Systems division will supply
a turnkey solution consisting of its IP.tel Voice-over-IP gateways,
credit and debit card payment acceptance platforms and a central
billing system.
Sanswire.Net plans to add IP telephony services to its wireless
Internet access solutions in 15 U.S. cities and seven international
locations by the year's end, selling direct and through growing
reseller channels. Sanswire.Net President Michael Molen believes the
new services could support as much as 10 million minutes per month
within a year. "Because Hypercom offers so many integral components of
provisioning IP telephony, we'll be able to roll out faster and
realize payback much more quickly than we would if we had to integrate
gateways and administrative platforms from different companies," Molen
says.
IP Telephony Complements Existing Sanswire.Net Offerings
Based in Atlanta, Sanswire.Net provides innovative wireless
Internet access services through hotels and other businesses at T1
speeds. With Sanswire.Net's hotel service, travelers are able to take
advantage of flat-rate, cost-saving Internet access rates when they
check in. The IP telephony services will complement existing offerings
in hotel environments and through other business channels. "Some of
our existing customers can take advantage of the new IP telephony
offerings to differentiate themselves by catering to the needs of the
mobile business workforce," Molen says. "Beyond that, IP telephony has
tremendous widespread appeal of its own, and we hope to enter some new
markets by offering users the fullest suite of cost-saving IP
services. Hypercom's experience in these markets will definitely
benefit us as we roll out."
Hypercom's e-Telephony Solution
Recently nominated for Best of Show at the N+I Spring '99 event,
Hypercom's e-Telephony solution combines five components of IP
telephony service provisioning that ISPs, next-gen telcos and CLECs
need in various combinations:
Integrated, End-to-End Business Technology Solutions: Hypercom's
turnkey solution includes fully integrated, best-of-breed technology
solutions:
-- IP.tel Voice Gateways: Hypercom Network System's IP.tel
voice-over-IP gateways raise the industry bar on carrier-class
solutions with an intensive reliability strategy, fault-tolerant
parallel processing architecture and second-generation
scalability of more than 1,000 T1 or E1 voice connections. IP.tel
houses suites of features for calling cards, Interactive Voice
Response (IVR), billing and payment.
-- Billing Solutions: e-Telephony leverages IP.tel's IVR and Call
Supervision capabilities for accurate call administration that
reduces overhead and voice traffic on the IP circuits. In
addition, the billing solution integrates an IVR Driver,
authentication systems (for pre and post-paid calling cards), and
a customer database to track account balances, PIN numbers and
billing information for customers that do not use cards. The
solution also generates bills, either printed or via the Web.
-- Payment: Hypercom combines everything carriers need to support
pre- and post-paid calling cards which have been so instrumental
in growing the IP telephony market. In addition, Hypercom is
leveraging its dominance in electronic credit/debit card payment
to broaden use of IP telephony by adding full-featured support
for regular credit and debit cards.
-- On-line Service Launch and Channel Development: The full
profitability potential of selling an Internet service can not be
realized without leveraging on-line sales and marketing
opportunities. Pioneered by Hypercom's Net Transactions group,
the Internet Merchant System(tm) furnishes all of the core
facilities needed for a successful Internet business launch.
-- Account Management and Customer Self-Service: A component of the
Internet Merchant System, StoreManager, adds extensive customer
service and account management faculties. Using StoreManager,
resellers can check how many minutes have been credited to their
accounts, calling card users can purchase and recharge virtual
cards, consumers can check status of payments and account
balances, and more.
Strategic Planning: With extensive experience building voice and
integrated voice/data networks, Hypercom will help next-gen carriers
construct sound business plans; design end-to-end technology
solutions, and think through customer service, billing and account
management strategies.
Marketing/Business Partner: In working with Hypercom,
next-generation carriers instantly acquire a global business partner
that can help extend marketing reach, local presence and resell
opportunities.
About Sanswire.Net
Sanswire.Net is a developer and marketer of wireless technology
that provides the consumer high-speed, wireless access to the Internet
without the use of a telephone line. The Company has begun a national
roll-out of its "last mile solution" and has experienced tremendous
interest in its products and services throughout the country. An
international roll-out is scheduled for the third quarter of 1999.
Headquartered in Atlanta, GA, Sanswire.Net targets business
consumers including office buildings, hotels, office complexes and
condominiums and has developed a unique solution for the multiple
dwelling market that provides Internet access over the existing wires
in the building. The Company's objective is to become the leader in
wireless Internet access throughout the world. To find out more
information on Sanswire.Net, visit them at www.sanswire.net.
About Hypercom Corp.
Hypercom Corp. is a global leader in electronic payment,
networking and electronic commerce. With two decades of vision and
innovation, Hypercom consistently focuses on increasing customer
profitability through technological solutions that deliver greater
functionality and scalability. Hypercom helps the world's largest
telecom carriers, banking and financial organizations, retail chains
and credit card corporations take maximum advantage of technology
evolutions such as those now occurring via the Internet. Headquartered
in Phoenix, Hypercom Corp. has distribution in close to 70 countries
worldwide and annual sales of approximately $300 million.
AND
Hypercom Continued POS Market Share Gains in 1998; Publisher's Data Shows Hypercom Shipments Swelled by 70% Last Year While VeriFone, Others Lost Market Share
BusinessWire, Monday, June 07, 1999 at 16:01
PHOENIX--(BUSINESS WIRE)--June 7, 1999--Survey data released by
Credit Card Management, a Faulkner & Gray publication, showed that
Hypercom Corporation (NYSE:HYC) shipments of card payment systems in
the US and Canada increased by 70% in 1998. The publication reported
that Hypercom(R) boosted its share of the North American market to
22.5% from 17% a year earlier, while VeriFone's market share declined
from 57% in 1997 to 52% in 1998. During 1998, Hypercom shipped 390,000
terminals, up from 229,000 the previous year.
The survey follows on the heels of data released last October by
THE NILSON REPORT, of Oxnard, California, which showed that in 1997
Hypercom had increased its shipments by 44%. VeriFone in 1997
experienced a decline in shipments both in the U.S. and on a worldwide
basis, according to that report.
"This latest data demonstrates the continued gains Hypercom is
making in the electronic payments industry at the expense of both the
market leader and would-be challengers," said Al Irato, Hypercom's
president and chief executive officer.
"Credit Card Management reports that total industry shipments in
North America increased by 416,428 units in 1998 over 1997, and
Hypercom accounted for 38% of the total industry growth last year,"
Irato said. "Hypercom's goal is to be the world's leading provider of
payment systems at the point-of-sale and these market share surveys
indicate that we are on the right track. Hypercom is reshaping the
dynamics in the payment systems industry by delivering innovative,
value-add solutions such as our ICE family of terminal devices and
Ascendent(TM) software solutions."
Faulkner & Gray's online CardLine publication also reported that
IVI Checkmate Corp., the company formed by the merger of Checkmate
Electronics and International Verifact, had restated shipment data to
concede that the newly-combined company shipped only 260,039 devices
in 1998, representing a drop in market share to 15% versus the
combined 17% reported separately for the two companies in 1997.
In line with its growth strategy, Hypercom has recently
introduced a number of new products. Hypercom's new ICE-PAC(TM)
Customization System for the first time lets merchants, processors and
merchant acquirers display custom advertising and promotions on their
ICE 5000 terminals. Hypercom's Ascendent SigCap electronically
captures and stores millions of signatures and receipts. Hypercom's
new wireless ICE 5000 expedites mobile and remote payment processing.
The company is also aggressively expanding its focus on entering
and establishing a leadership position in the estimated $500 million
multi-lane payment terminal systems market, recently acquired JTS
CheckqueOut Solutions, and just announced Price Chopper Supermarket's
initial commitment to purchase Hypercom's touch-screen, multi-lane ICE
payment terminal system.
Hypercom Corporation (NYSE:HYC) is a global provider of
electronic payment solutions, including multi-functional point-of-sale
terminals, peripherals, network products, Ascendent payment and
transaction software and Internet-based and electronic commerce
payment solutions. On a global basis Hypercom delivers the services
and technology infrastructure required to quickly integrate and deploy
new payment applications. These applications provide competitive
value-add programs, improved business performance and low total cost
of ownership.
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