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Fujitsu Leverages VeriFone’s GlobalBay Solution to Power its Advanced Mobile Point of Sale

  Fujitsu Leverages VeriFone’s GlobalBay Solution to Power its Advanced Mobile
  Point of Sale

Fujitsu GlobalSTORE Arms Retailers with Tablet and Smartphone-based Solution

Business Wire

SUNNYVALE, Calif. & SAN JOSE, Calif. -- November 07, 2012

VeriFone Systems, Inc. (NYSE: PAY), and Fujitsu have entered a partnership
agreement to offer retailers sophisticated mobile retailing solutions powered
by VeriFone GlobalBay and integrated with the Fujitsu GlobalSTORE® solution,
or as a standalone mobile point of sale (POS).

The co-branded solutions provide Fujitsu retail customers with a sophisticated
mobile POS, enabling retailers to serve consumers from anywhere in the store.
They feature support for advanced mobile payment acceptance, including digital
wallets and alternative payments.

“Mobile is a rapidly changing world for retailers, and the VeriFone GlobalBay
offering was the clear choice to keep us ahead of the curve,” said Brian
Yates, director of Retail Product Marketing, Fujitsu America. “Fujitsu’s
integrated solutions provide the ability for VeriFone to leverage the same
pricing, promotions and business logic capabilities as a retailer’s
traditional GlobalSTORE Point of Sale terminals, from mobile devices.”

Retailers are looking to mobile solutions to increase revenue, improve store
operations and enhance the consumer shopping experience. The vast array of
emerging mobile devices, payment technologies, and loyalty and promotional
offers presents retailers with a complex landscape to navigate. Retailers are
relying on their trusted partners to help them make sense of and capitalize on
this new world of mobile. This partnership between VeriFone and Fujitsu
provides a clear roadmap for meeting their needs well into the future.

“Fujitsu recognizes the importance of mobility as part of their POS strategy
and we are pleased that they recognize VeriFone GlobalBay’s capabilities to
keep them ahead of the curve,” said Sandeep Bhanote, vice president and
general manager, Mobile Retailing Solutions, VeriFone. “This partnership
brings together best-of-breed mobile and POS technologies to support
retailers’ needs in a complex and rapidly evolving world.”

Click on these links to learn more about Fujitsu GlobalSTORE and VeriFone
GlobalBay.

Safe Harbor Statement under the Private Securities Litigation Reform Act of
1995 for VeriFone Systems, Inc.

This press release includes certain forward-looking statements related to
VeriFone Systems, Inc. within the meaning of the Private Securities Litigation
Reform Act of 1995. These statements are based on VeriFone management’s
current expectations or beliefs and are subject to uncertainty and changes in
circumstances. Actual results may vary materially from those expressed or
implied by the forward-looking statements herein due to changes in economic,
business, competitive, technological and/or regulatory factors, and other
risks and uncertainties affecting the operation of the business of VeriFone
Systems, Inc. These risks and uncertainties include: customer acceptance and
adoption of our new solution offerings, our ability to protect against fraud,
the status of our relationship with and condition of third parties upon whom
we rely in the conduct of our business, our dependence on a limited number of
customers, uncertainties related to the conduct of our business
internationally, our dependence on a limited number of key employees, short
product cycles, rapidly changing technologies and maintaining competitive
leadership position with respect to our payment solution offerings. For a
further list and description of such risks and uncertainties, see our filings
with the Securities and Exchange Commission, including our annual report on
Form 10-K and our quarterly reports on Form 10-Q. VeriFone is under no
obligation to, and expressly disclaims any obligation to, update or alter its
forward-looking statements, whether as a result of new information, future
events, changes in assumptions or otherwise.

About Fujitsu

Fujitsu is the leading Japanese information and communication technology (ICT)
company offering a full range of technology products, solutions and services.
Over 170,000 Fujitsu people support customers in more than 100 countries. We
use our experience and the power of ICT to shape the future of society with
our customers. Fujitsu Limited (TSE: 6702) reported consolidated revenues of
4.5 trillion yen (US$54 billion) for the fiscal year ended March 31, 2012. For
more information, please seehttp://www.fujitsu.com.

Fujitsu America, Inc., is a leading ICT solutions provider for organizations
in the U.S., Canada and the Caribbean. Fujitsu enables clients to meet their
business objectives through integrated offerings and solutions, including
consulting, systems integration, managed services, outsourcing and cloud
services for infrastructure, platforms and applications; data center and field
services; and server, storage, software and mobile/tablet technologies. For
more information, please
visit:http://solutions.us.fujitsu.com/andhttp://twitter.com/fujitsuamerica.

Fujitsu, the Fujitsu logo and "shaping tomorrow with you" are trademarks or
registered trademarks of Fujitsu Limited in the United States and other
countries. GlobalSTORE is a trademark or registered trademark of Fujitsu
America, Inc. in the United States and other countries. VeriFone, the VeriFone
logo, GlobalBay and “The Way To Pay” are trademarks or registered trademarks
of VeriFone Systems, Inc. in the United States and other countries. All other
trademarks and product names are the property of their respective owners.
Information provided in this press release is accurate at time of publication
and is subject to change without advance notice.

About VeriFone Systems, Inc. (www.verifone.com)

VeriFone Systems, Inc. (“VeriFone”) (NYSE: PAY) is the global leader in secure
electronic payment solutions. VeriFone provides expertise, solutions and
services that add value to the point of sale with merchant-operated,
consumer-facing and self-service payment systems for the financial, retail,
hospitality, petroleum, government and healthcare vertical markets. VeriFone
solutions are designed to meet the needs of merchants, processors and
acquirers in developed and emerging economies worldwide.

Contact:

Editorial Contacts:
VeriFone Media Relations
Pete Bartolik, 508-283-4112
pete_bartolik@verifone.com
or
Fujitsu
Karen Richardson, 408-746-3300
karen.richardson@us.fujitsu.com
or
Finn Partners
Carol Edwards, 212-593-5858
carol.edwards@finnpartners.com
 
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