CEO America Inc. and Hypercoms HBNet Team Up

Global payment technology leader Hypercom Corporations HBNet, Inc. subsidiary and loyalty program innovator CEO America, Inc. have teamed to provide card issuers and retailers with Creditz digital currency transactions and HBNets high speed transaction delivery network. Effective immediately, Creditz digital currency card transaction processing will be completed at the point-of-interaction faster than ever before. Creditz is the first and only international sub micro-payment system that exchanges cash from consumer to merchant, merchant to consumer, manufacturer to consumer, and consumer to consumer in stores, online and through cell phones, including payments under one cent. The innovative ubiquitous Creditz stored value digital currency card is now available to consumers, retailers and anufacturers throughout the US, Canada and United Kingdom. Demand is accelerating as brand name retailers realize the value added benefits they can now provide their consumers through the convenience and simplicity offered by the new revolutionary Creditz digital currency system. Creditzs Digital Currency Card converts loyalty points/miles and rebates into digital currency to purchase products. A customer purchases goods and services from a participating merchant and presents his or her Creditz account card. The merchant immediately loads applicable loyalty Creditz and manufacturers rebates onto the card and, as the points and rebates accrue, the customer can then use the card to purchase additional products at any participating merchant. Demand for the innovative loyalty payment system is accelerating sharply as more and more brand name retailers sign up to offer their customers value, flexibility and convenience inherent in the Creditz account card. Hypercoms high performance HBNet network for North Americas dial and IP POS market speeds the authorization and processing of electronic transactions. The advanced HBNet transaction network is powered by Hypercoms ultra high-density MegaNAC®180 Network Access Controllers (NACs), which are strategically positioned within the North American Public Switching Telephone Network (PSTN) and at processor data centers. HBNet provides resiliency, fail-over and transaction overflow capabilities. It delivers continuous, uninterrupted service, seamless load balances, and is constructed to have no single point-of-failure. The network also incorporates a Web-based facility for processors to quickly access a rich array of statistical information. Data can be displayed in a variety of ways or mined in detail for trend analysis. Trending and exception analysis lets processors quickly detect unusual transaction activity and take appropriate, proactive action.