Gilbarco achieves major milestone

100,000 FlexPay Encrypting PIN Pads shipped aid convenience stores in improving payment security

GREENSBORO, NC – October 4, 2010 – Gilbarco Veeder-Root announced today that it has exceeded 100,000 FlexPay Encrypting PIN Pads (EPP) shipped. Since launching the first PCI-certified solution for fuel dispensers in 2008, Gilbarco’s modular PIN-pad and card reader solutions have enabled retailers to meet PCI requirements and protect against credit and debit card fraud.

The FlexPay EPP allows retailers to offer the convenience of debit payments to their fueling customers in a compliant, highly secure manner, by using the Triple Data Encryption Standard (TDES). Gilbarco received the industry’s first PCI-UPT certification in 2010, in advance of a potential future mandate. These offerings are part of Gilbarco’s array of cost-effective security and compliance products. As the global leader in forecourt payment security, Gilbarco was first dispenser manufacturer with a PCI-certified EPP, first to market with a secure encrypting card reader, and first to market with an EMV / chip & PIN solution for the Canadian market.

“As fueling dispensers continue to evolve we are excited about the options that we offer today and will continue to release going forward, not just with payment security, but also with digital media, alternative fuels, metering technologies, and more,” said Richard Browne, Vice-President, Marketing, North America. “Our new FlexPay UPT CRIND®, our exciting partnership with Outcast Media for entertainment at the pump, Wisdom™ Intelligent Device Management and our DEF and Ethanol dispensers are all part of Gilbarco’s industry leading technology roadmap. We are excited to continue to work with our customers to develop products that help them effectively manage and grow their businesses.”

Gilbarco will be exhibiting its payment security products, including the new FlexPay UPT CRIND at the National Association of Convenience Stores (NACS) Show, October 6 - 8 at the Georgia World Congress Center in Atlanta, Booth 1039.

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About Gilbarco Veeder-Root
 Gilbarco Veeder-Root is the worldwide technology leader for retail and commercial fueling operations. We offer the broadest range of integrated solutions from the forecourt to the convenience store and head office. For almost 150 years, Gilbarco has earned the trust of its customers by providing long-term partnership, uncompromising support and proven reliability. In fact, we help manage the business and maximize the bottom lines for 19 of the top 20 convenience store operators in the U.S.
 

For further information contact:
Lucy Sackett, Director Outbound Marketing
 Gilbarco Veeder-Root
Tel: (336) 547-5607
Fax: (336) 547-5890
e-mail:mediainquiry@gilbarco.com