Hypercom is aggressively focused on providingstandards-based security solutions that give customers and consumers confidencethat their payment transactions are protected against criminal and negligentacts. Today`s standards have served the industry well, but as criminal attacksbecome more sophisticated, this industry`s security implementations must evolveto cover the complete secure POS lifecycle. The SPVA will advance securityimplementations based on the unique perspective and experience of paymentvendors around the world," said Philippe Tartavull, CEO and President, Hypercom."Ingenico is strongly committed to further promoting security complianceglobally. The formation of an alliance of secure POS payment system vendors willdramatically enhance our customers` ability to fight fraud, while makingsecurity more convenient to deploy and to maintain for all stakeholders of thepayment ecosystem," said Philippe Lazare, CEO, Ingenico. "Secure POS devices represent the entry point for all transactions in retailenvironments. In this age where criminals are able to pinpoint any weaknesses inthe end-to-end system, the obvious place security strategy must begin is as atthe point of sale.
The SVPA will build on the unique experience of its membersand their `entry point` position to advance more secure solutions that lowerrisk for consumers, merchants and acquirers," said Doug Bergeron, CEO, VeriFone.To see a Webcast of the announcement, please visit About Hypercom ()Global payment technology leader Hypercom Corporation delivers a full suite ofhigh security, end-to-end electronic payment products and services. TheCompany`s solutions address the high security electronic transaction needs ofbanks and other financial institutions, processors, large scale retailers,smaller merchants, quick service restaurants, and users in the transportation,petroleum, healthcare, prepaid, unattended and many other markets. Hypercomsolutions enable businesses in more than 100 countries to securely expand theirrevenues and profits. With its acquisition of Thales e-Transactions in 2008,Hypercom became the second largest provider of electronic payment solutions andservices in Western Europe, and solidified its position as the third largestprovider globally. About Ingenico ()Throughout the world, banks and retailers rely on Ingenico for secure andexpedient electronic transaction acceptance.
Ingenico solutions leverage proventechnology, established standards and unparalleled ergonomics to provide optimalreliability, versatility and usability. This comprehensive range of products iscomplemented by a global array of services and partnerships, enabling businessesin a number of vertical sectors to accept transactions anywhere their businesstakes them About VeriFone Holdings, Inc. ()VeriFone Holdings, Inc. ("VeriFone") (NYSE: PAY), a global leader in secureelectronic payment technologies, provides expertise, solutions and services fortoday with a migration strategy for tomorrow. VeriFone delivers solutions thatadd value to the point of sale, resulting in improved merchant retention and thegeneration of new sources of revenue for its partners and customers. VeriFonesolutions are specifically designed to meet the needs of vertical marketsincluding financial, retail, petroleum, government and healthcare.
Safe Harbor Statement under the Private Securities Litigation Reform Act of 1995This press release includes statements that may constitute forward-lookingstatements within the meaning of the Private Securities Litigation Reform Act of1995, including statements regarding the development, adoption, implementation,interoperability, performance and effectiveness of electronic payments industrysecurity standards, the development of future security standards and guidelinesintended to reduce and prevent fraud and other threats to electronic paymenttransaction integrity, and lower risk for all participants in card paymenttransactions. These forward-looking statements are based on current expectationsand beliefs and are subject to risks and uncertainties that could cause actualresults to differ materially from those described in the forward-lookingstatements. In particular, factors that could cause actual results to differmaterially from those in forward-looking statements include: the ability of theAlliance to attract significant industry membership and participation in itsactivities and adherence to its policies and guidelines; industry, technologicaland regulatory changes; industry and market acceptance of and compliance withnew security standards and guidelines; compliance with disparate certificationrequirements and government regulations; the state of the U.S. and globaleconomies in general and other risks detailed in the companies` filings with theSecurities and Exchange Commission, including the companies' most recent 10-Kand subsequent 10-Qs and 8-Ks.
Forward-looking statements speak only as of thedate made and are not guarantees of future performance. We undertake noobligation to publicly update or revise any forward-looking statements. For Secure POS Vendor AllianceCandace orCarol 404-816-2037 or 678-640-7822 (mobile) Copyright Business Wire 2009. MUSCATINE, Iowa--(Business Wire)--Iowa First Bancshares Corp. (OTCBB: IOFB) today reported operating results forthe three month period ended March 31, 2009. Consolidated net income totaled$1,038,000 or $.91 per share, which was a first quarter record high for theCompany. This compared to $981,000 or $.84 per share for the same period lastyear.