Hypercom Appoints Robert J. Miklosko Vice President of Global Engineering, Research & Development

SCOTTSDALE, September 23, 2008 (AllPayNews.com) – Hypercom Corporation (NYSE: HYC) today appointed Robert J. Miklosko Vice President of Global Engineering, Research and Development. Mr. Miklosko reports to Henry Gaillard, Senior Vice President, Global Operations. His appointment is effective immediately.

Mr. Miklosko joins Hypercom from Magellan Navigation, Inc. where he was Vice President, Worldwide Engineering. He previously held positions with Panasonic Mobile Communications Development Corporation of USA, NEC America, Inc., JRC International, Inc., Ericsson Mobile Communications, Inc. and Westinghouse Electric Corporation.

“Robert is a highly skilled engineering and product development leader with in-depth experience in global multi-site management of R&D, outsourced development centers and original design manufacturer partners,” said Mr. Gaillard. “He is ideally suited to direct Hypercom’s global engineering, research and development, execute our product roadmap and help us gain market share.”

About Robert Miklosko

Mr. Miklosko has more than 20 years experience in wireless and consumer electronic planning, design and development and project and product management. As Vice President, Worldwide Engineering at Magellan Navigation from 2004 to present, Mr. Miklosko directed all aspects of the company’s research and development, including a cross-functional engineering team of more than 100 engineers across three global development sites. He transitioned a vertically structured engineering organization into a leveraged and scalable open development model using ODM (original design manufacturer) and third party outsourcing, and reduced R&D investment while more than tripling the number of annual product launches.

Prior to that, Mr. Miklosko spent four years with Panasonic Mobile Communications Development Corporation of USA as Vice President, Product Planning and Product Engineering from 2000 to 2004. There, he established a product planning and management team for the Americas’ handset business, created a product engineering organization that completed more than 50 successful product launches, established ISO-9000 process initiatives and global product planning processes for international markets, and directed the Americas’ market product quality department that received top supplier quality awards.

As Director of Product Engineering for NEC America Inc.’s Communications Terminal Group from 1996 to 2000, Mr. Miklosko organized and directed a design engineering team. He also established and managed new business development teams for AMPS, TDMA and CDMA wireless standards, oversaw product-line planning, customer RFI/RFP responses, and directed post-launch field engineering, product enhancement and cost reduction initiatives.

Mr. Miklosko also held served as Manager of Digital Communications Products for JRC International, Inc; Team Leader-Cellular Base station Integration, Verification and Test for Ericsson Mobile Communications, Inc.; and Senior Engineer and Product Development Team Leader for Westinghouse Electric Corporation’s Electronic Systems Group.

Mr. Miklosko holds a Master of Science in Technical Management from Johns Hopkins University, a Master of Science in Electrical Engineering from Polytechnic University and a Bachelor of Science in Electrical Engineering from Pennsylvania State University. He is a member of the Product Development and Management Association and is the author/co-author of two U.S. patents.

About Hypercom (www.hypercom.com)

Global payment technology leader Hypercom Corporation delivers a full suite of high security, end-to-end electronic payment products and services. The company’s solutions address the high security electronic transaction needs of banks and other financial institutions, processors, large scale retailers, smaller merchants, quick service restaurants, and users in the transportation, healthcare, prepaid, unattended and many other markets. Hypercom solutions enable businesses in more than 100 countries to securely expand their revenues and profits. With its acquisition of Thales e-Transactions business earlier this year, Hypercom became the second largest provider of electronic payment solutions and services in Western Europe, and solidified its position as the third largest provider globally.