Wednesday, February 22, 2012

First Data Class BPlus Certifies Equinox M4230 ... - AZ Venture Capital

?Equinox Payments, a leading high-security electronic transactions solutions provider and portfolio company of The Gores Group, LLC, and First Data Corporation today announced that First Data Commercial Services has Class BPlus certified Equinox?s high-security M4230 mobile GPRS and T4230 fixed GPRS PCI PED-approved card payment terminals on First Data?s Commercial Services Omaha platform. The certification opens an important sales channel for additional Equinox devices to the over 100,000 First Data merchants in the U.S.

?This certification by First Data Commercial Services underscores the growing demand for innovative, high-security payment products and confirms that our advanced security, engineering, and features meet an array of merchant needs while ensuring a safe shopping experience for consumers,? said Chris Dismukes, VP of Financial Solutions, Equinox Payments.

The Class BPlus certification of the Equinox T4230 and M4230 payment terminals adds to the growing number of T4200 series terminals already Class BPlus certified on the First Data Commercial Services Omaha platform. The T4230 and M4230 are powerful, multi-application terminals with optional EMV capability and are based on the same user-friendly interface and space-saving ergonomics as the previously certified T4205, T4210 and T4220 models. And, like all of the Equinox terminals Class BPlus certified by First Data Commercial Services, these new additions have already proven to be a success with leading banks, retailers and independent sales organizations.

About Equinox Payments, LLC

Equinox Payments, formerly known as Hypercom USA, headquartered in Scottsdale, Arizona, a portfolio company of The Gores Group, LLC, is a leading payment terminal manufacturer and related secure software provider. Through its commercial offices in the United States, Latvia, Manila and Australia, and a service repair facility in Mexico, Equinox?s more than 200 employees deliver secure payment terminals, applications and services to hundreds of thousands of merchants.

About The Gores Group, LLC

The Gores Group, LLC is a private equity firm focused on acquiring controlling interests in mature and growing businesses which can benefit from the firm's operating experience and flexible capital base. The firm combines the operational expertise and detailed due diligence capabilities of a strategic buyer with the seasoned M&A team of a traditional financial buyer. The Gores Group, which was founded in 1987 by Alec E. Gores, has become a leading investor, having demonstrated over time a reliable track record of creating substantial value in its portfolio companies alongside management. The firm?s current private equity fund has committed equity capital of more than $4 billion. Headquartered in Los Angeles, The Gores Group maintains offices in Boulder, CO, and London. For more information, please visit www.gores.com.

Equinox Payments is a registered trademark of Equinox Payments, LLC. All other products or services mentioned in this document are trademarks, service marks, registered trademarks or registered service marks of their respective owners.

Source: http://azventurecapital.com/arizona-technology/data-class-bplus-certifies-equinox-m4230-t4230-gprs-payment-terminals/

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