PAX Presents Terminals at Cipher Exhibition in Beijing

Shenzhen, China, 21th December 2015

PAX Technology (HKEx: 00327 – PAX GLOBAL), a global leader in the provision of secure electronic payment terminal solutions, recently presented its products with certification from China’s State Cryptography Administration at the “State Commercial Cipher Code Exhibition” 2015 held at the Beijing Exhibition Centre.

The event, whose focus is on Commercial Encryption & Information Security, brings together leading payment industry experts, manufacturing companies, academics, and members of China’s Cryptographic Industry Association to exchange views on the future of commercial software code and security.

PAX products passed rigorous testing procedures and successfully obtained special cryptographic certification. These devices include mobile payment terminals (S90, D210, S900, S920), countertop models (S60, S80, S500, S800) and mPOS range (D180, D200).

Mr. Alex Dong, VP for Research & Development at PAX, stated, ‘PAX supports the development of domestic cryptography, and has constantly increased R&D investment in this area. The whole range of PAX’s products is certified by China’s State Cryptography Administration. By joining the “State Commercial Cipher Code Exhibition”, PAX will further solidify its leadership position in the domestic market.’

About PAX (www.pax.com.cn)
PAX Technology is an innovative global provider of electronic payment solutions, offering world-class, cost-effective and superior quality products. Building on its service excellence and proven leadership position, PAX is one of the fastest growing payment industry suppliers with state-of-the-art manufacturing facilities, excellent R&D capabilities and a worldwide network of sales and channel partners. PAX is listed on the Hong Kong stock exchange as PAX Global Technology Ltd. (0327.HK).