Tranax and Hypercom Demonstrate ATMConnect on Tranax Mini Bank c4000 at BAI Retail Delivery Conference & Expo

Demo Showcases Hypercom’s New ATMConnect Dial-to-IP Offering

Las Vegas, NV, (ww.AllPayNews.com) November 14, 2006 –Tranax Technologies, a leading developer of automated teller machines (ATMs) and self-service kiosks, and high security electronic transaction solution provider Hypercom Corporation (NYSE: HYC), today announced that Hypercom’s new ATMConnect service will be demonstrated on a Tranax Mini-Bank c4000 at this week’s BAI Retail Delivery Conference & Expo being held this week in Las Vegas. ATMConnect is a service that upgrades dial ATMs to IP without the need to replace the ATM machine.

The integration between Hypercom’s ATMConnect and the Tranax hardware platform enables ATM service providers to dramatically reduce the cost of dial-to-IP migrations, cut transaction times by 80 percent or more, eliminate phone lines by routing transactions over the customer’s existing broadband or wireless connection, and improve security and management control.

ATMConnect is a new service built around Hypercom’s ATMConnect 5100, an Internet gateway that plugs directly into legacy dial ATMs. This small device converts dial messages to IP, provides secure SSL encryption of all transactions, and supports either broadband or wireless connectivity. The “plug and play” product eliminates the need for financial institutions, processors and ISOs to manually input IP addresses and other information when upgrading their ATMs.

The high-value, Tranax Mini-Bank ATMs are the retail industry’s top selling ATM and Self Service hardware platform, with some 75,000 ATMs in North America. The Mini-Bank c4000 is considered its “best-in-class” product combining both ATM and self-service functionality.

For a hands-on demonstration, visit Hypercom’s booth, number 3238.

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.

About Tranax Technologies (www.tranax.com)

Tranax leads the ATM and self-service industry in the design, development, manufacture, and sale of self-service technology to the retail, banking, hospitality, entertainment, and gaming industries. Founded in 1986 by Dr. Hansup Kwon, the Fremont-based company has sold 75,000 ATMs across North America.

# # #

Hypercom is a registered trademark of Hypercom Corporation. ATMConnect 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. This press release includes statements that may constitute forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995, including statements regarding market acceptance of new products, product performance, product sales, revenues and profits. These forward-looking statements are based on management’s current expectations and beliefs and are subject to risks and uncertainties that could cause actual results to differ materially from those described in the forward-looking statements. In particular, factors that could cause actual results to differ materially from those in forward-looking statements include, industry, competitive and technological changes; the loss of, and failure to replace any significant customers; the composition, timing and size of orders from and shipments to major customers; inventory obsolescence; market acceptance of new products and services; the performance of suppliers and subcontractors; risks associated with international operations and foreign currency fluctuations; the state of the U.S. and global economies in general and other risks detailed in our filings with the Securities and Exchange Commission , including the Company's most recent 10-K and subsequent 10-Qs. Forward-looking statements speak only as of the date made and are not guarantees of future performance. We undertake no obligation to publicly update or revise any forward-looking statements.

Contacts:

Marketing Communications

Tranax Technologies

510/770-2227 x408

ccheng@tranax.com

Robin D. Stavisky

New Venture Marketing

650/858-1070

rdsnvm@gmail.com

For Hypercom:

Pete Schuddekopf

602.504.5383

pschuddekopf@hypercom.com

Tony Keller, S&S Public Relations

719.634.8279

tony@sspr.com