MagTek Announces the Launch of DynaPro And DyanPro Mini to Provide Security And Mobility for a Variety of Card-Based Payments

Seal Beach, CA (JANUARY 14, 2014) – MagTek, Inc., a global leader in retail electronic payments security technology, today announces the launch of its DynaPro suite of payment terminals. MagTek understands the merchants' need for flexibility, security and return on investment when it comes to the evolving card technology environment. To meet this demand, MagTek developed the DynaPro suite of devices for the traditional brick and mortar countertop and the rapidly growing mobile platforms that support Apple's iOS and Bluetooth 4.0 (BLE).

The DynaPro and DynaPro Mini are secure card reading and PIN-entry devices, designed to accept magnetic stripe, EMV contact and contactless chip transactions in small, ruggedized form-factors for ease-of-use and maximum reliability.

"DynaPro devices immediately encrypt data at the point of swipe, using industry standard encryption and eliminate the burden associated with proprietary encryption systems", says John Arato, MagTek's Vice President and General Manager for Retail Products. "When merchants use DynaPro devices, sensitive card and PIN data is never 'in the clear' and with MagnePrint® card authentication, ATM, debit, credit and gift cards can be authenticated in real-time, identifying counterfeit or cloned cards and making them useless to criminals."

For both small and enterprise deployments, units can be configured at the factory or via Magensa, MagTek's wholly-owned subsidiary and service provider for Remote Key Injection and device configuration.

For more information about MagTek and the DynaPro suite of products, please visit MagTek at booth #329 during the 103rd Annual National Retail Federation Conference and Expo, January 13-14 at the Jacob Javits Center, New York, NY.

About MagTek
Since 1972, MagTek has been a leading manufacturer of electronic devices and systems for the reliable issuance, reading, transmission and security of cards, checks, PINs and other identification documents. Leading with innovation and engineering excellence, MagTek is known for quality and dependability. Its products include secure card readers, check scanners, PIN Pads and distributed credential issuing systems. These products are used worldwide by financial institutions, retailers, hotels, law enforcement agencies and other organizations to provide secure and efficient electronic payment and identification transactions.

Today, MagTek continues to innovate with the development of a new generation of security-centric products secured by MagneSafe™. By leveraging strong encryption, secure tokenization and real time authentication, MagneSafe products enable users to assess and validate the trustworthiness of credentials used for online identification, payment processing, and other high-value electronic transactions.

MagTek is based in Seal Beach, California and has sales offices throughout the United States, Europe, and Asia, with independent distributors in over 40 countries. For more information, please visit www.magtek.com.