June 23, 2009 (FinancialWire) — Hypercom Corp. (NYSE: HYC) said that The Phoenix Group, a distributor of point-of-sale products and services, plans to purchase up to $6 million of Hypercom’s Optimum payment products for resale to its bank and ISO customers throughout the United States.

Scottsdale, Arizona-based Hypercom is a payment technology firm whose products 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’s Optimum T4200 product line for North America consists of four 32-bit multi-application devices that share the same platform, user interface and software toolkit to maximize efficiency, application portability and offer customers a broad range of options to serve any market need.

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