PAX’s Three New Products Sparkle at CARTES 2015

Shenzhen, China – 23th November 2015

PAX Technology (HKEx: 00327 – PAX GLOBAL), a global leader in the provision of secure electronic payment terminal solutions, garnered recognition and applause from the industry with its new point-of-sale (POS) payment terminal solutions products at CARTES Paris 2015, the world’s leading trade show for Secure Payment, Identification and Mobility.

Many visitors were impressed by PAX’s attractive product portfolio, especially by the new pocket-sized S920 mobile terminal and new multilane retail devices PX5 and PX7 which generated a great amount of interest. PAX believes that its innovative solutions provide new growth opportunities to the ever-changing payment industry.

Mr. Andrew Wu, Vice President of PAX, said, “CARTES is the most important annual event for PAX. Under the unexpected circumstance in Paris, we still stuck to the plan to organize the show at a very high level. We are so grateful for all the visitors coming to our booth, so that we have a chance to showcase some of the industry’s best value-added solutions and financial software applications.”
Mr. Jack Lu, CEO of PAX, added, “In recent years, PAX maintains its growth momentum across all global markets. We will continue our expansion in R&D investment in order to sustain our long-term growth target. We would like to thank our worldwide channel partners who visited us at CARTES. As always, PAX will continue to provide quality payment terminals with excellent technical support.”

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).