HYPERCOM SECURES ORDERS IN CHINA FOR POINT-OF-SALE TERMINALS AND NETWORKING PRODUCTS DISTRIBUTORS IN CHINA PURCHASE HYPERCOM'S POS TERMINALS AND NETWORKING PRODUCTS HYPERCOM SELECTED AS PREFERRED PROVIDER FOR POS TRANSACTION PRODUCTS BY CHINA CONSTRUCTION BANK. PHOENIX, Dec. 11 /PRNewswire-Asianet/ -- Hypercom Corporation (NYSE: HYC) has received multiple orders from distributors in China for point-of-sale (POS) terminals and additional networking equipment as part of a previous agreement, Hypercom (Booth 3537, Fall Internet World) announced today. The combined orders are for approximately US $14.3 million through early 1998. "These orders demonstrate not only the competitiveness of the Hypercom product, but also the effectiveness of our distribution channels in China," said Clive Cooper-Smith, Managing Director, Hypercom's Asia-Pacific Rim Region. "Hypercom's strength in the China market is a result of our pioneering work and the substantial investment we are making in establishing local presence. We opened an office in Beijing in August and plan to open two more offices in China in coming months." Hypercom Selected as Preerred Provider by China Construction Bank In other news, Hypercom was selected as a preferred provider of POS solutions for national China Construction Bank. Hypercom is the only foreign company chosen by the China Construction Bank for a selective program. "We chose Hypercom Corporation as one of our 'Three Excellence' partners because company offers excellent products, excellent service and excellent value," said Li Derang, Vice President of Technology, China Construction Bank. "Hypercom helps us provide to our clients the benefits of leading-edge technology, high security for transactions and high performance. We are confident that this business relationship is an excellent start on our long- term business relationship with Hypercom." Founded in 1954 and headquartered in Beijing, China Construction Bank is one of five specialized banks in China. The bank has assets of approximately RMB 2,125.3 million. Hypercom Corporation Hypercom Corporation is a leading supplier of point-of-sale (POS) payment systems, enterprise networking solutions and client/server software. Phoenix, AZ-based Hypercom sells its products in more than 50 countries worldwide. The company has corporate offices in the Asia-Pacific Rim Region in Beijing, Hong Kong, Singapore, Tokyo and Sydney. Hypercom's common stock is traded on the New York Stock Exchange under the symbol "HYC". 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 prospectus dated November 13, 1997. SOURCE Hypercom Corporation CONTACT: Clive Cooper-Smith of Hypercom Asia Pacific, 011-852-9310- 3331; or John Chester of Hammond Farrell Inc., 212-995-5680, ext. 208, or [email protected], for Hypercom/