Shenzhen China, 13th November 2012

PAX Technology Ltd., a global leader in the provision of secure electronic payment solutions, showcased a new range of innovative smart technologies and payment terminals at Cartes 2012 in Paris last week. The show attracted 430 exhibitors and abound 20 thousands of visitors.

Adding to its existing portfolio of point-of-sale terminals, PAX focused customer attention in Paris on the new high-end family of Linux terminals (integrated retail PINpad S300, countertop S800, portable S900) and the innovative D-series devices, especially the compact D200 wireless battery operated secure PINpad.

PAX has been investing heavily to ensure that all products, new and existing, come with the latest PCI and EMV certifications, as well as compliancy with Contactless NFC schemes such as MasterCard PayPass and Visa payWave.

At Cartes it was clear this year that customers better understand the scale of our company and the cost and quality benefits which we can bring them as a payments solution partner.

Many visitors at Cartes conveyed their appreciation of the skilled technical resources which PAX offers as a turnkey provider of secure payment solutions. We would like to thank all our global customers for their ongoing support and look forward to further helping them grow their business.

Attendance at the Paris show exceeded our expectations this year, with huge levels of interest from global acquiring banks, processors, payment system integrators, telco operators as well as other POS terminal manufacturers.

The PAX Group of companies offers the widest range of POS terminals, software applications, and technical services available from a single source. With offices in the USA, Hong Kong, UK, China and Brazil, as well as a global channel partner network, PAX customers anywhere in the world.

About PAX (www.pax.com.cn)

Founded in 2001, PAX Technology Limited (“PAX”) is an innovative 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 considered 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.