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                                                                    EXHIBIT 99.1

           HYPERCOM CORPORATION SIGNS DEFINITIVE AGREEMENT TO ACQUIRE
                       GOLDEN EAGLE LLC AND GOLDEN LEASING

       LEADING MICRO-TICKET LEASING ORGANIZATION BRINGS VITAL COMPONENT TO
                            HYPERCOM'S EPIC STRATEGY

                   PHOENIX, Dec. 15 /PRNewswire/ -- Hypercom Corporation (NYSE:
                   HYC), a global provider of end-to-end electronic and
                   e-commerce payment solutions, today announced that it has
                   signed a definitive agreement to acquire substantially all of
                   the assets of Golden Eagle LLC and Golden Leasing ("Golden"),
                   a micro-ticket leasing organization for point-of-sale
                   terminals. The acquisition of Golden will add a leasing
                   component to Hypercom's ePic (ePOS-infocommerce) strategy.
                   The acquisition, for an additional payment of $18.5 million
                   in cash and $4 million in stock, with additional earn out
                   payments if certain objectives are met, is expected to close
                   in early January 2000, subject to customary closing
                   conditions.

                   Golden, located in Ridgefield, CT, will operate as a
                   standalone business unit under the name of Golden Leasing,
                   and will enable Hypercom to offer the ISO/bank processor
                   marketplace a comprehensive, all inclusive equipment
                   acquisition/deployment program encompassing purchase, rental
                   or lease options for the equipment.

                   "Hypercom has just announced its Internet-based
                   ePOS-infocommerce (ePic) system," said George Wallner,
                   president and CEO of Hypercom. "This web-enabled countertop
                   electronic payment commerce and information platform will
                   replace the traditional card payment terminals with its
                   Internet-enabled touch-screen ICE terminals. The ability to
                   provide integrated micro-leasing is a critical element of
                   this replacement strategy. Golden is a leader in its
                   industry. They will provide Hypercom with the POS equipment
                   leasing infrastructure to deliver and manage our end-to-end
                   solution in the leasing transaction marketplace. We expect
                   that it will create significant recurring revenue
                   opportunities -- for merchants, for processors, for acquirers
                   -- and for Hypercom."

                   "ePic integrates touch-screen based, point-of-sale hardware,
                   client/server software, and Internet web technologies into an
                   integrated system that brings the power of the Internet to
                   the point-of-sale," said Wallner. The value-added
                   applications associated with this high-performance system
                   include electronic receipt (signature) capture, electronic
                   coupons, advertising, email and electronic commerce. "These
                   new applications provide much more than just a terminal. As a
                   result, there is an opportunity for recurring revenues to the
                   merchants, processors, acquirers and Hypercom, and Golden
                   provides us with the foundation for managing these services
                   in the leasing transaction marketplace," said Wallner.
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                   ABOUT HYPERCOM CORPORATION

                   Hypercom Corporation is a global provider of end-to-end
                   electronic payment solutions, including card payment systems,
                   peripherals, network products, software and e-commerce
                   payment solutions that add value at the point-of-sale for
                   consumers, merchants and acquirers.

                   Headquartered in Phoenix, Arizona, Hypercom(R) markets its
                   products in more than 70 countries through a global network
                   of affiliates and offices in Argentina, Australia, Brazil,
                   Chile, China, Germany, Hong Kong, Hungary, Japan, Mexico,
                   Russia, Singapore, Sweden, the United Kingdom and Venezuela.
                   Hypercom's Internet address is www.hypercom.com.

                   Forward-Looking Statements

                   Certain statements in this press release may be
                   forward-looking statements within the meaning of the federal
                   securities laws. These statements include, among others,
                   anticipated future recurring revenue opportunities.
                   Forward-looking statements are inherently subject to risk and
                   uncertainties, some of which cannot be predicated or
                   quantified. You should be aware that our actual results could
                   differ materially from those contained in the forward-looking
                   statements due to a number of factors, some of which are
                   beyond our control. Factors that could affect our results and
                   cause them to differ from those contained in the
                   forward-looking statements include: industry and competitive
                   factors and product delays that may impact sales growth;
                   unanticipated expenses; market reluctance to new products and
                   technologies; failure to successfully negotiate definitive
                   agreements and complete transactions, such as with Golden
                   Eagle LLC and Golden Leasing; and inability to assimilate
                   acquisitions, in an appropriate or timely manner. You should
                   also consider carefully statements contained in our reports
                   filed with the Securities and Exchange Commission, including
                   our Annual Report on Form 10-K for the fiscal year ended June
                   30, 1999 which address additional factors that could cause
                   our actual results to differ from those set forth in the
                   forward-looking statements found in this press release.

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

                   SOURCE Hypercom Corporation

                   CONTACT: Jonathon E. Killmer, 602-504-5224, or
                   jkillmer@hypercom.com, or Maureen McGarrigle, 602-504-4802,
                   or mmcgarrigle@hypercom.com, both of Hypercom Corporation.



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