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Seeweekly news
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2005-11-17 |
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Innova Card and Hypercom Team to Develop New Products Integrating Universal Secure Integrated Platform |
Innova Card, a
fabless semiconductor company specializing in the design and development of
secure solutions for smart card terminals and global payment technology
innovator Hypercom Corporation (NYSE: HYC) today announced an alliance to
develop and bring to market products integrating USIP(R) Professional IC.
USIP(R) Professional IC (Universal Secure Integrated Platform) is an EMV
and FINREAD compliant System on Chip (SoC) that integrates all the security
and application management functionalities required to build new generations
of trusted devices. USIP(R) Professional IC has been designed to be the most
interoperable, secure and integrated chip, and is ideal for an array of
applications including payment, banking, healthcare, e-government and
multimedia, to name just a few.
The new USIP(R) Professional IC incorporates the most secure 32-bit 100Mhz
RISC processor (MIPS32(R) 4KSd(TM)) from MIPS(R) Technologies, internal
memories (128KB ROM, 128KB SRAM, and 256KB FLASH), and a full panel of
controllers and analogue/digital interfaces. The IC also provides a large set
of patented security and cryptographic features that facilitate application
development and enhance the global security level of point-of-sale/point-of-
interaction products.
"This alliance with Innova Card speaks to our ability to quickly identify,
engage and harness the advanced technologies that can benefit the market now
and going forward," said Neil Hudd, senior vice president, Global Product
Development and Marketing, Hypercom Corporation. "That capability fortifies
our ability to compete globally for greater market share and profits."
"This strategic agreement with Hypercom underscores our state-of-the-art
know-how, and aligns us with the clear leader in global payment technology,"
said Bruno Bernard, CEO of Innova Card. "This alliance will help boost the
deployment of PCI-approved products globally, and strengthen our respective
positions on the market." |
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