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LPMA Lipman Electronic Engineerin (MM)

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Share Name Share Symbol Market Type
Lipman Electronic Engineerin (MM) NASDAQ:LPMA NASDAQ Common Stock
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
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Global Payments Launches New Retail and Restaurant Applications

12/08/2004 11:00pm

PR Newswire (US)


Lipman Electronic Engineerin (MM) (NASDAQ:LPMA)
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Global Payments Launches New Retail and Restaurant Applications ATLANTA, Aug. 12 /PRNewswire-FirstCall/ -- Global Payments Inc. (NYSE:GPN), a worldwide provider of electronic transaction processing solutions, today announced the introduction of new wireless and dial-up products for U.S. retail and restaurant industries. (Logo: http://www.newscom.com/cgi-bin/prnh/20010221/ATW031LOGO ) Retail @dvantage(R) NURIT Wireless and Retail @dvantage(R) NURIT Dial products provide processing for credit, debit and electronic benefits transfer (EBT) cards. The new Dial product also provides optional electronic check, as well as gift and loyalty card processing. These applications are designed to ensure fast processing of multiple payment options, and help to minimize merchant processing costs by meeting card association compliance requirements, and operate on the Lipman NURIT family of terminals. The Restaurant @dvantage NURIT Dial is a complete payment processing tool targeting a variety of restaurants, taverns and bars. Restaurant @dvantage NURIT Wireless offers processing capabilities ideal for mobile and temporary locations such as outdoor concessions, stadiums, kiosks, delivery services and pay-at-the table establishments. "We are very pleased that Global supports Lipman's current line of POS terminals and PINpads. We truly value our growing relationship with Global Payments," said Mony Zenou, president and CEO of Lipman USA Inc. "Global is an industry leader and we are always excited to work with them," he added. "We are delighted with our strong relationship with Lipman and are pleased to offer Class A certification and support on its new line of terminals and PINpads, as well as on the entire line of Lipman products. The Lipman 8000 series terminals have the robust features required to support the many applications of our ISOs, financial institutions and direct customers," said Jeffery C. McWey, executive vice president, Global Payments. Lipman (NASDAQ:LPMA)(TASE:LPMA) is a leading worldwide provider of electronic payment systems. Lipman develops, manufactures and markets a variety of handheld, wireless and landline POS terminals, electronic cash registers, retail ATM units, PINpads and smart card readers, all under the NURIT(R) brand name. In addition, Lipman develops technologically advanced software platforms that offer comprehensive and customized transaction processing solutions for its customers. For additional information, please visit http://www.lipmanusa.com/ or contact Randall R. Wheeler, Executive Vice President, Sales and Marketing, Lipman USA, Inc. (800) 454-7626. Global Payments Inc. (NYSE:GPN) is a leading provider of electronic transaction processing services for consumers, merchants, Independent Sales Organizations (ISOs), financial institutions, government agencies and multi- national corporations located throughout the United States, Canada, Latin America and Europe. Global Payments offers a comprehensive line of processing solutions for credit and debit cards, business-to-business purchasing cards, gift cards, check guarantee, check verification and recovery, as well as terminal management and money transfer services. For additional information about the company and its services, visit http://www.globalpaymentsinc.com/ . This announcement may contain forward-looking statements pursuant to the "safe-harbor" provisions of the Private Securities Litigation Reform Act of 1995. These forward looking statements involve risks and uncertainties such as product demand, market and customer acceptance, the effect of economic conditions, competition, pricing, development difficulties, foreign currency risks, costs of capital, continued certification by credit card associations, the ability to consummate and integrate acquisitions, and other risks detailed in the Company's SEC filings, including the most recently filed Form 10-Q or Form 10-K, as applicable. The Company undertakes no obligation to revise any of these statements to reflect future circumstances or the occurrence of unanticipated events. Contact: Phyllis McNeill 770 829-8245 http://www.newscom.com/cgi-bin/prnh/20010221/ATW031LOGO http://photoarchive.ap.org/ DATASOURCE: Global Payments Inc. CONTACT: Phyllis McNeill of Global Payments Inc., +1-770-829-8245, or Web site: http://www.globalpaymentsinc.com/

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