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Eastern Mountain Sports Blazes New Trails with VeriFone iPad Retailing Solution

Expert Guides Can Now Bring the Full Line of EMS Products to In-Store Shoppers with Retailing App

January 12, 2012   SAN JOSE, CA

Globalbay and EMS 1

Expert guides in four EMS stores have been piloting the VeriFone GlobalBay Retailing App for iPads to outfit shoppers from the full line of products that the company offers in-store and online. The outdoor retailer is readying a rollout of the system in 2012.

SAN JOSE - January 12, 2012 - VeriFone Systems, Inc. (NYSE: PAY), announced today that Eastern Mountain Sports, one of the nation's largest outdoor retailers specializing in outdoor gear, apparel, footwear, and accessories, has successfully piloted the VeriFone GlobalBay iPad solution in four stores and is readying a 2012 rollout. The VeriFone GlobalBay platform is a software-as-a-service (SaaS) offering that enables a suite of next-generation mobile retail software for retailer-to-consumer interaction and leverages retailers' existing POS, e-commerce, and store systems.

Advice goes hand-in-hand with gear and apparel at EMS and now the company's in-store expert guides can outfit shoppers from the full line of products that the company offers by using the VeriFone GlobalBay Retailing App for iPad.

"The VeriFone GlobalBay App is central to our continued efforts to provide the best customer experience in the industry," said EMS CEO Will Manzer. "This solution provides us with the flexibility to deliver the right product and activity content where it's needed - while working with customers."

"No longer are we constrained by square footage as to what we can sell," said Scott Barrett, vice president of ecommerce with EMS. "Utilizing this service from VeriFone enables us to provide consumers with all our products on hand in the store and online."

The VeriFone GlobalBay Retailing App for iPad offers highly configurable features to meet each retailer's unique needs. The App improves the interaction between store associate and consumer while enhancing the overall in-store selling experience. VeriFone's GlobalBay SaaS offerings empower retailers to go live fast and easily scale the solution to optimal levels while avoiding costs and complexity typically associated with custom solutions.

Globalbay and EMS 2At EMS, the VeriFone GlobalBay Retailing App for iPad improves the interaction between store associate and consumer while enhancing the overall in-store selling experience.

"VeriFone GlobalBay configurable mobile applications empower retailers to design and deploy their apps to improve the in-store shopping experience," said Jennifer Miles, VeriFone executive president, North America. "EMS is demonstrating how mobile technology ensures that sales associates are able to fulfill any shopper's product needs."

Additional Resources:
http://ipad.globalbay.com/

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: market adoption and acceptance of our new iPad retailing solutions, 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 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.

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