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Technology Stocks : VeriFone Holdings, Inc. (PAY)

PAY 36.10

+1.8%

3:19 PM EST

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From: JakeStraw	4/10/2008 4:12:58 PM
	of 186

Family Dollar Opts for VeriFone's MX830 and VeriShield Protect biz.yahoo.com Thursday April 10, 3:02 pm ET Discount Retail Chain to Deploy New VeriFone Cardholder Security Protection Solution and Customer-Facing Card Payment Systems SAN JOSE, Calif.--(BUSINESS WIRE)--VeriFone Holdings, Inc. (NYSE: PAY) announced today an agreement with discount retail chain, Family Dollar Stores, Inc. (NYSE:FDO) for VeriFone’s new card security solution, VeriShield Protect, along with an order for VeriFone MX830 customer-facing payment systems. Family Dollar plans to deploy the new payment systems as it rolls out its “Store of the Future” technology program. The retail chain is the first national brand to contract for the new VeriShield Protect card data security program, which was developed to prevent compromise of cardholder data even in the event of a breach. Family Dollar is one of the fastest growing discount store chains in the United States and over the past 10 years more than 4,000 new stores have been added to the chain, which focuses on providing customers with good values on basic merchandise for the family and home in a small-box, neighborhood format.

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