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VeriFone Systems Achieve ZKA Security Certification in Germany

Thu. October 15, 2009; Posted: 06:00 AM
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SAN JOSE, Calif., Oct 15, 2009 (BUSINESS WIRE) -- PAY | Quote | Chart | News | PowerRating -- VeriFone Holdings, Inc. (NYSE: PAY | Quote | Chart | News | PowerRating) today announced an expanded portfolio of payment solutions validated in compliance with the EMV POS specification of Germany's Central Credit Committee, the Zentraler Kreditausschuss (ZKA).

ZKA's certification of VeriFone's Vx 810 DUET dual-use compact countertop solution and Vx 810 PINpad enables VeriFone's local partner, CCV Deutschland GmbH to broadly distribute the systems in Germany.

"Germany is a very important market to VeriFone and we're eager to introduce these innovative products here, working closely with our VeriFone International Partner, CCV," said Lazy Yanay, VeriFone executive vice president for Continental Europe, South East Europe and Asia. "The recent announcement that Ingenico plans to acquire a processor in Germany has created a tremendous opportunity for VeriFone with the majority of the processing market. We intend to seize this opportunity and this new accreditation and expand market share in Germany."

"VeriFone's global industry leadership in implementing international and security standards and CCV's local market insight and expertise is a winning combination for our customers in Germany," said CCV Deutschland General Manager Reinhard Blum. "VeriFone's broad portfolio of advanced electronic products serves every major market and these systems add to our portfolio with the latest features and a consumer-ready interface that provides superior readability as well as outstanding usability."

The Vx 810 and Vx 810 DUET are members of the successful Vx Solutions product family, which includes other ZKA-approved products such as the Vx 570 countertop and the Vx 670 portable devices.

Additional Resources: http://www.verifone.com/countertop/vx-810-duet.aspx

About CCV Deutschland GmbH

CCV's core business centers on electronic payment traffic within Europe. It operates internationally, with headquarters in Arnhem, the Netherlands, and branches in Belgium, Germany, and Switzerland. Using state-of-the-art technology, CCV is able to provide both standard products and custom solutions. CCV payments solutions are used internationally in the wholesale, retail, petroleum and public transport sectors by all renowned network providers. CCV Deutschland GmbH is part of the CCV Holding, a pan-European acting concern with Dutch roots, domiciled in Arnheim, NL.

About VeriFone Holdings, Inc. (www.verifone.com)

VeriFone Holdings, Inc. ("VeriFone") (NYSE: PAY | Quote | Chart | News | PowerRating) 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.

Safe Harbor Statement under the Private Securities Litigation Reform Act of 1995

This press release includes certain forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. These statements are based on 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 Holdings, Inc. These risks and uncertainties include: our ability to grow sales of our Vx products in the German market, our customers' acceptance and adoption of our newly released products and applications, 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.

SOURCE: VeriFone Holdings, Inc.

VeriFone Media Relations 
Pete Bartolik, 508-283-4112 
pete_bartolik@verifone.com
For full details on VeriFone Holdings Inc (PAY) click here. VeriFone Holdings Inc (PAY) has Short Term PowerRatings of 5. Details on VeriFone Holdings Inc (PAY) Short Term PowerRatings is available at This Link.

    


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