Hypercom and Keycorp Team to Provide Complete POS Solutions

    Companies Sign Strategic Distributor Agreement to Expand Electronic
Payments in Canada

    PHOENIX & TORONTO, November 6 /CNW/ - Hypercom Corporation (NYSE:   HYC)
and Keycorp Limited (ASX: KYC) today announced that they have entered into a
strategic agreement under which Keycorp will distribute Hypercom's new
countertop, mobile and multi-lane Optimum payment solutions throughout Canada
as part of Keycorp's Managed Payment Services Program. Both companies will
cooperate closely on joint sales and marketing opportunities. The agreement
follows Interac Association Device Certification of Hypercom's new Optimum
T4200 electronic payment terminals.

    "Keycorp's goal is to provide Canada's acquirers and retailers with
software and service solutions through our Managed Payment Services Program,
and this requires us to take advantage of the highest security and broadest
feature set available in card payment terminals and PIN Pads. We are doing
just that with Hypercom's new Optimum product family," said Joe Bonin, Senior
Vice President, Keycorp Canada.

    Keycorp has been providing payment solutions to the Canadian payment
market since the early 1990s and has recently expanded its business in Canada
by acquiring Canada's largest service provider to the payments industry.
Keycorp's managed payment services strategy allows it to provide the industry
best solutions to its customers by partnering with leading industry companies
like Hypercom.

    "We are focused squarely on capturing market share in high-growth
geographies and we are doing it with an exceptional range of services and
secure PCI-certified products and solutions sold and supported by the right
professionals in the right geographies," said Lisa Shipley, Senior Vice
President and General Manager, Hypercom North America. "Our strategic
agreement with Keycorp is directly in line with that strategy, and it will
strengthen our ability to more quickly deliver the very best solutions to the
Canadian market."

    The use of payment cards and terminals is escalating rapidly throughout
Canada. The installed base of point-of-sale terminals now exceeds 600,000, and
that figure is expected to grow at a minimum rate of 6% per year. This growth
excludes the terminal refresh requirements to meet EMV requirements.

    Hypercom's Optimum T4200 family of electronic payment terminals recently
received Interac Association Device Certification from Canada's leading
electronic payment exchange standards organization, for use within the Interac
Direct Payment (IDP) network. That latest certification adds to the T4200's
other security features, including PCI PED approval for secure PIN entry and
EMV Level 1 & 2 certifications for global merchant markets, and enhances the
platform's built-in global capabilities such as integrated smart card readers
and compliance with the European Union's RoHS requirements for hazardous

    The new terminals join a full array of high-performance Optimum
countertop, multi-lane, wireless and portable terminals that have been adopted
by leading banks, retailers and independent sales organizations around the
world since Hypercom introduced its first 32-bit Optimum product in 2004.

    About Keycorp (www.keycorp.net)

    Keycorp Limited (ASX: KYC) is a global provider of secure electronic
transactions: with solutions from smartcards and point-of-service transaction
systems to payment engines and managed services.

    Keycorp is a founding member of the MULTOS consortium, which has
responsibility for developing the MULTOS multi-application smartcard operating
system. Keycorp develops and distributes smartcard operating systems such as
MULTOS, as well as smartcard applications.

    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.

    Hypercom and Optimum & Design are registered trademarks 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. 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; compliance with industry standards, certifications and government
regulations; 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 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

For further information:

For further information: Hypercom Corporation Pete Schuddekopf,
602-504-5383 pschuddekopf@hypercom.com or S&S Public Relations for Hypercom
Tony Keller, 719-634-8279 tkeller@hypercom.com or Keycorp Limited Dr Ken Carr,
+ 61 2 9414 5200 Fax: + 61 2 9415 1363 kcarr@keycorp.net

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