The Modular Omni 3750 Delivers EMV 4.0, TDES Security and the 3-Second Transaction Times

Sheffield, UK and Worldwide, November 19, 2003 /Wi-Fi Technology News/- VeriFone, Inc., the world's leading provider of payment solutions, announced that it has shipped its 450,000th Omni 3750 payment terminal. This makes the Omni 3750 the most successful product launch in VeriFone?s 22-year history.

The VeriFone Omni 3750 was designed from the outset to become the de facto standard in payment terminals. Unique features the Omni 3750 include:

? Modular Communications: A unique design allows for ?swap-out? capabilities of different communications modalities, including 14.4kbps dial-up, SSL-protected broadband DSL/cable, Wi-Fi, and Ethernet.

? Smart and Secure: EMV Level 1 and Level 2 type approval, Triple DES and PED certification; and file authentication extend peace of mind.

? Powerful: A 32-bit processor, coupled with 3MB of memory, easily manages multi-application functionality
? Versatile: Flexible libraries and multi-application support provide an easy and secure method to securely add value-added applications, bypassing the need for recertification.

The Omni 3750 has been certified by all of the leading U.S. processors, supports solutions from over 30 value-added application providers, and is shipping to merchants through existing acquirer and ISO channels. To date, Omni 3750 terminals have been installed in over 70 countries.

Upon reaching this milestone, Douglas Bergeron, VeriFone Chairman and CEO, was elated, stating: "It is truly gratifying for VeriFone to see its vision for the industry-standard POS terminal be validated so wholeheartedly by the market. The Omni 3750 squarely positions VeriFone as the definitive leader in the payment industry, as demonstrated by the resounding global success of this terminal. It leads the rest of the pack in regards to certifications, speed, reliability, new market penetration and customer satisfaction. It is imperative that today?s solutions support the latest in EMV, Triple DES and PED security, multi-app, and advanced broadband communications. The Omni 3750 is the best vehicle available to navigate the changing global payment landscape.?

The Omni 3750 is the terminal enabling many industry firsts from across the globe including:


? The first Wi-Fi enabled payment system anywhere in the world, at The Mall of San Marino in Ecuador.
http://www.verifone.com/news/press_rel/html/pr102003_wifi.html
? The first terminal deployment at US Ford Mercury dealers needing to migrate from dial to DSL
http://www.verifone.com/news/press_rel/html/pr101403_ford.html
? The first to support over 30 certified value-added applications, including ?E-Top Up? via GPRS.
http://www.verifone.com/news/press_rel/html/pr071803_belgian.html

Customers have validated the Omni 3750 not just through purchases, but through testimonials as well. ?VeriFone has hit a homerun with the Omni 3750, giving the industry a powerful tool for today and a smart migration path for the future,? said Ton van der Bruggen, General Manager of CCV, VeriFone Dutch distributor. ?It?s a great looking machine with the most user-friendly design available on the market.?

About VeriFone, Inc.
VeriFone, Inc., (http://www.verifone.com) recognized worldwide as the trusted leader in secure electronic payment technologies, provides expertise, solutions and services for today with a smart migration strategy for tomorrow. VeriFone is leading the industry in the delivery of solutions that add value to the point of sale, resulting in improved merchant retention and the generation of new sources of revenue for its partners and customers. VeriFone solutions are specifically designed to meet the needs of vertical markets including financial, retail, petroleum, government and healthcare. VeriFone has shipped over eleven million electronic-payment systems.