China Construction Bank (CBC) Selects PAX terminals

Shenzhen, China – December 18, 2012

PAX Technology Ltd., today announced that China Construction Bank (CBC) has completed internal evaluation and selected PAX terminals for inclusion in its 2013 annual POS terminal equipment centralized purchasing project.

PAX products that have been approved in this tender by CBC include the full range of countertop, portable, MIS PIN Pad.

CBC is a leading commercial bank in China providing a comprehensive range of commercial banking products and services. CBC has been a customer and business partner of PAX since 2006, and we are very pleased to have the opportunity to continue to provide our world-class, cost effective, superior quality payment products to CBC.

About PAX (

PAX Technology Limited (“PAX”) is a global provider of electronic payment solutions offering world-class, cost effective and superior quality payment solutions. Building on its service excellence and proven leadership position in Asia, PAX is ranked one of the fastest growing payment solution providers with world-class manufacturing and R&D capabilities and a growing sales and channel partner network across the globe.