PAX Honored as a ‘Shenzhen Key Software Enterprise’

Shenzhen(China), 11 June 2014

PAX Technology Ltd., a leading global provider of electronic payment terminals, is pleased to announce that PAX has been successfully recognized as a Shenzhen Key Software Enterprise.

The verification process for 2013 Shenzhen Key Software Enterprise is administered by the Economy, Trade and Information Technology Commission of Shenzhen Municipality to evaluate those enterprises who engage in independent intellectual property development for software products and also enjoy annual software sales incomes and tax payments that satisfy specific qualification standards. Those qualified enterprises can enjoy certain preferential government policies. The objective of this recognition is to encourage the growth and development of enterprises and actively promote the development of the entire software industry.

Mr. Jack Lu, CEO of PAX, stated: “Honored as a Shenzhen key software enterprise, PAX’s overall strength in software development and product innovation is proven by the recognition it received from both government and society. Indeed, PAX will continue to innovate its products and increase R&D investment to offer customers world-class, cost effective, and superior quality payment products and services.”
About PAX (www.pax.com.cn)
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, 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.