PAX Ships over 1 Million POS Terminals in 2012

Shenzhen (China), 20 December 2012

PAX today announced that the number of secure POS terminals shipped by the company during 2012 has exceeded 1 million units, delivered to over 60 major markets worldwide. This represents a significant milestone in PAX’s rapid global development.

PAX senior management remains optimistic about further growth prospects in 2013 due to the implementation of a more competitive sales offering and new high tech product model additions to the existing portfolio.

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.