China Unionpay Merchant Services (UMS) selected PAX terminals

Shenzhen, China – November 1, 2012

PAX Technology Ltd. (HKSE: 00327), today announced that China Unionpay Merchant Services (UMS) has completed internal evaluation and selected PAX terminals for inclusion in its 2013 annual POS terminal equipment centralized purchasing project.

UMS is a subsidiary of China Unionpay (UNP) with business focus on bankcard acquiring and third-party services, providing quality, efficient and standardized services for card issuers, merchants and cardholders through its far-reaching service network across China.

PAX products approved in this tender by UMS include the full range of countertop, portable, MIS PIN Pad, mobile and wireless terminals. The S80+SP20, S58 and S90 in particular, were ranked as the best by UMS.

For more details, please click the link below: http://www.shabidding.com/chinese/ywxx_view.asp?id=179363

UMS has been a customer and business partner of PAX since 2002, and PAX will continue to provide UMS the world-class, cost effective, superior quality payment products and services.

About PAX (www.pax.com.cn)

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.