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100% Uptime - Nationwide

Real-time replication of transactions within secure, multiple server centers nationwide.

Over five hundred new merchants locations added per week.

Tens of thousands of merchant locations in the United States.

Extensive Support programs utilizing experienced industry technicians and developers.

Designed for Financial Institutions and Collection Agencies with interfaces to most collection software companies.


The Fastcheck Network is compliant with U.S. Patents: 5,484,988; 6,164,528; 6,283,366 and 6,354,491, reflecting the electronic check conversion process owned by LML Payment Systems Inc.

Contact:

Brent Smith Pete Schuddekopf
Cyclone Software Hypercom Corporation
Office: 970-353-4555 602.504.5383
brent@cyclonesoft.com pschuddekopf@hypercom.com
www.fastchecknetwork.com
 

Cyclone Software Selects Hypercom’s Transaction Transport Service for ‘Fastcheck’ Check Verification and Conversion Network

GREELEY, CO May 16, 2007 – Cyclone Software announced today that it has selected Hypercom Corporation’s (NYSE: HYC) transaction transport service to extend Cyclone’s nationwide ‘Fastcheck’ check verification and check conversion network to merchants using dial-up communications. Cyclone maintains one of the fastest growing databases of bad check writers nationwide.
 
“With Hypercom’s high security transaction transport technology, we can extend our services to the hundreds of thousands of U.S. merchants still relying on dial-up communications,” said Cyclone Software President Mick Phillips. “Those merchants can now quickly route checks presented for payment to our verification centers via a simple software download and toll-free telecommunications.”

“Cyclone Software’s selection of Hypercom is an endorsement of our value proposition, and another clear indicator of market demand for an alternative supplier of dial and IP transaction services,” said John Andrews, Senior Vice President, Hypercom Global Customer Service. “Simply put, Hypercom’s transaction transport capability offers a combination of performance, price, service and know-how that can’t be beat.”
 
Cyclone Software’s Fastcheck Network is a privately labeled service offered to collection agencies that has become the nations most popular verification service nationwide, with over 500 new check verification merchants locations added per week.

Hypercom’s transaction transport service moved more than 1.6 billion transactions worldwide in 2006, representing a 15% increase globally over 2005. The service is powered by robust, ultra high-density MegaNAC® Network Access Controllers (NACs) strategically positioned within the North American Public Switching Telephone Network (PSTN) and at processor data centers. Hypercom’s transaction transport service supports all POS terminal protocols at any modem speed up to V.92 and provides uninterrupted service with no single point of failure, seamless load balancing, state-of-the-art Web-based reporting, and simple all-inclusive pricing.

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.

About Cyclone Software

Cyclone Software, since 1978, provides proprietary account receivable software, collection software, and The Fastcheck Network IP based check verification service for the collection, financial and check industry.  Cyclone’s products are marketed to over 100,000 locations nationwide through various sales channels of customers including collection agencies, independent sales offices and banks. For more information, please visit the Web site at www.fastchecknetwork.com or contact Brent Smith 970-353-4555.

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Hypercom is a registered trademark of Hypercom Corporation. All other products or services mentioned in this document are trademarks, service markets, registered trademarks or registered service marks of their respective owners.