SF.....Another Rock and Roll Day, get me my Dramamine .....just when you thought it was safe to get into the water........
NFF options opening in the morning. Also some news on HYC watch this one carefully.
Best wishes,
Burj
Hypercom Names John Marshall Senior Vice President and General Manager, North American POS
PHOENIX--(BUSINESS WIRE)--July 6, 1999--Hypercom Corporation (NYSE:HYC) today announced the appointment of John Marshall as senior vice president and general manager, Hypercom North America POS. Mr. Marshall will be directly responsible for managing and directing Hypercom(R) sales, service and support throughout the United States, Canada, Mexico and Puerto Rico. Marshall will report to Chris Alexander, president of Hypercom Worldwide Payment Solutions, a new streamlined organization responsible for all payment product sales and support, including Hypercom's POS Multi-Lane Division and The Horizon Group. Marshall had previously served as senior vice president of sales, US/Canada POS.
"Hypercom's shipments soared by almost 45% in the US last year, in large part due to John Marshall's efforts. His appointment to this newly-created position is directly in line with our goal to continue that momentum, simplify our organizational structure, improve efficiency and provide existing and potential customers with the most advanced value-added electronic payment solutions," said Chris Alexander, president, Hypercom Worldwide Payment Solutions.
Marshall is a 30-year veteran of the electronic payments, banking, data processing and communications industries. Prior to joining Hypercom in 1987, Marshall was vice president of sales and marketing for Ausnet and its subsidiary, EFTEL, the operators of Australia's only independent EFT switch networking running both ATMs and card payment systems.
Hypercom Corporation (NYSE:HYC) is a global provider of electronic payment solutions, including multi-functional point-of-sale terminals, peripherals, network products, Ascendent(TM) 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.
Headquartered in Phoenix, Arizona, Hypercom markets its products in more than 70 countries through a global network of affiliates and offices in Argentina, Australia, Brazil, Chile, China, France, Hong Kong, Hungary, Japan, Mexico, Russia, Singapore, Sweden, the United Kingdom and Venezuela. Hypercom's Internet address is www.hypercom.com.
Note to Editors: Hypercom is a registered trademark of Hypercom Corporation. Ascendent is a trademark of Hypercom Corporation. All other products or services mentioned in this document are trademarks, service marks, registered trademarks or registered service marks of their respective owners.
Certain matters discussed within this press release are forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. Although management of Hypercom believes the expectations reflected in such forward-looking statements are based on reasonable assumptions, it can give no assurance that its expectations will be attained. Factors that could cause actual results to differ materially from expectations include industry, competitive and technological changes; risks associated with international operations and foreign currency fluctuations; the composition, timing and size of orders from and shipments to major customers; inventory obsolescence; market acceptance of new products and other risks detailed from time to time in Hypercom's SEC reports, including the company's 10-K dated September 28, 1998.
CONTACT:
Hypercom Corporation
Pete Schuddekopf, 602/504-4383
pschuddekopf@hypercom.com
or
The Financial Relations Board
Virginia Needham, 310/442-0599
vneedham@frb.bsmg.com
or
Lois Paul & Partners
Marty Hoag, 650/286.3840
marty-hoag@lpp.com
KEYWORD: ARIZONA INTERNATIONAL ASIA PACIFIC LATIN AMERICA EUROPE
ANADA
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