SCOTTSDALE, Ariz. & BAD HERSFELD, Germany - (Business Wire) Hypercom Corporation (NYSE: HYC) today announced that its worldwide initiative for high security electronic health card systems is accelerating. The German health care organization Gematik has notified the company that its medMobile™ terminal is now BCS (Basic Command Set) approved. medMobile is an ultra secure mobile device specifically designed to support the thousands of physicians who make house calls/visits throughout Germany and those that practice at hospitals, pharmacies and geriatric institutions, such as residential care homes. The medMobile is Hypercom’s fourth healthcare device released in support of Germany’s e-Health card program. “Hypercom is the only transaction solutions provider with a complete and future proof family of high security data transaction products for Germany’s doctors, dentists, hospitals, pharmacies and other health care service providers,” said Ulf Hönick, Vice President, Healthcare, Hypercom Corporation. “Our global skill in health care data security and efficiency well positions us to expand our support for the migration to highly secure electronic health systems and programs.”
“Healthcare providers can purchase the e-Health BCS-approved medMobile and will, according to health care self administration announcements, be reimbursed for their investment in e-Health BCS terminals,” said Mr. Hönick.
Germany’s e-Health card program is one of the largest e-Health IT projects worldwide with a planned deployment of more than 80 million electronic health insurance cards. In addition to Germany, Hypercom’s solutions facilitate electronic health care in a number of other countries including Australia, France and the United States.
Hypercom’s medMobile sets a new benchmark for mobile health care devices. The innovative terminal for physicians on the go features a high contrast graphical display, built-in PIN Pad, integrated Health Professional Card (HPC) and electronic health card (eGK¹) readers, long-life Li-ion rechargeable batteries and USB connectivity for fast downloads to physicians’ computers. medMobile stores up to 200 medical records. The unit supports the current German health insurance card (KVK²), the new chip-based electronic healthcare card and the HPC used by doctors, dentists and other healthcare service providers.
In addition to medMobile, Hypercom’s secure medline® product family for the German e-health card program includes the medCompact® countertop, the medHybrid® for data authentication and payment and the medModular® unattended unit.
For an image of Hypercom’s medMobile, please visit: https://www.medline-online.com/produkte/medmobile.html.
For information on potential reimbursement please visit: http://www.kbv.de/presse/11710.html
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, petroleum, healthcare, prepaid, unattended and many other markets. Hypercom solutions enable businesses in more than 100 countries to securely expand their revenues and profits. Hypercom is a founding member of the Secure POS Vendor Alliance (SPVA) and is the second largest provider of electronic payment solutions and services in Western Europe and third largest provider globally.
1 eGK stands for elektronische Gesundheitskarte
2 KVK stands for Krankenversichertenkarte
Hypercom, medCompact, medHybrid and medModular are registered trademarks of Hypercom Corporation. medMobile 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 capability and performance, product competitiveness, product sales, revenues and profits, market share, and expected acquisition results and benefits. 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 excess and obsolescence; market acceptance of new products and services; compliance with industry standards, certifications and government regulations; the performance of suppliers, subcontractors and contract manufacturers; product warranty expenses; goodwill and other intangible impairments; the ability to successfully integrate the technologies, operations and personnel of acquired businesses in a timely manner; the ability to obtain the expected strategic and financial benefits from acquisitions; 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 and 8-Ks. 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. HYCP
Hypercom Corporation
Pete Schuddekopf, +1-480-642-5383
pschuddekopf@hypercom.com
or
Hypercom Northern Europe
Markus Scheffler, +49 6621 84611
mscheffler@hypercom.com
