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Gemplus® Realizes Strong Support for Java Card™ Technology-Based Smart Cards
With Millions of Smart Cards using Java Card Technology, Gemplus sees a strong trend towards Sun Microsystems' open platform solution
SAN FRANCISCO, CA - JavaOneSM 2001 - June 4, 2001 - Gemplus (NASDAQ:GEMP), the world's leading provider of smart card solutions, today announced it continues to realize growing demand for Java Card™ technology-based smart cards.
Propelled by the launch of the three-dollar GemXpresso® card for Smart VISATM program in 2000, Gemplus continues to realize growing use of Java Card technology by clients worldwide. The secure, open/multi-application and interoperable nature of Java Card technology has proven to be highly successful for many of Gemplus' clients including Fleet Bank and Providian. As Gemplus moves towards offering a comprehensive Card Management System (CMS), the ability to download multiple applications will become even more valuable in providing card issuers and their card holding customers, fully customized, flexible and scalable smart card solutions.
*Dataquest/Gartner reports growth of greater than 45% from 1999 - 2000 with significant potential in the Financial Services and in the IT /e-business sectors, where the use of flexible and scalable solutions offerings like Java Card technology will be paramount. Widescale adoption of open, Java Card technology-based solutions in the financial arena is complimented by another key driver in North America: The US Department of Defense has embraced PKI technology using Java Card technology in its current rollout of military ID cards for active and reserve components of the military. In addition, the Wireless industry has strong demand for Java Card technology-based SIM (Subscriber Identification Module) cards anticipated with mobile commerce migrating from 2G to 3G technology. Gemplus' recent acquisition of SLP Infoware, a mobile CRM solutions firm, compliments this trend as well.
As a founding member of the Java Card Forum and an active leading participant in GlobalPlatform and OpenCard Consortium, Gemplus is actively working alongside Sun and iPlanet TM E-commerce Solutions to drive global interoperability for smart card technology as well as EMV standards. These continued efforts will assure more complex, effective and usable product offerings from Gemplus, Sun and the smart card community.
"The rapidly increasing number, and the rapidly increasing complexity, of electronic, identity sensitive, on line financial transactions requires convenient, easy to use and easy to manage solutions that are available through smart card technology. Java Card technology is a key competitive factor in our solution offering," confirms Dr. Mel Slater, Senior Vice President, Strategic Alliances at Gemplus.
"Java Card technology was developed through an open process with key industry players to provide card vendors, developers and issuers with an interoperable, multi-application based smart card platform, " said Richard Green, vice president and general manager, Java Software, Sun Microsystems. "Gemplus has made significant contributions to this open process and is helping lead the community of smartcard suppliers offering economical, secure, customizable smart card solutions."
Gemplus will be exhibiting at JavaOne 2001 in San Francisco, June 4th - 8th at booth #326.
*Note: DataQuest/Gartner Report on the Smart Card Industry for 2000 - May 2001.
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About Gemplus
GEMPLUS: the world's leading smart card solutions provider
Since its creation in 1988, Gemplus International S.A.(Euronext: Sicovam 5768 and NASDAQ:GEMP) has driven the global marketing and deployment of smart card-based applications for telecommunications, financial services and e-business security.
Gemplus is instrumental throughout the value chain - chip design, card management systems, software development, and consulting - delivering integrated custom-made solutions for the security, personalization and privacy management needs of clients and partners worldwide.
Gemplus technology has played a defining role in the development of wireless telephony since the introduction of SIM cards into the GSM standard in 1990. For more than a decade, Gemplus has pioneered applications that enable network operators around the world to answer the changing needs of their customers. Gemplus was first to market with a 3G card and supplies a product range compliant with new and emerging transmission standards - 2.5G, 3G.
In 2000, revenue was 1.205 billion Euros, up 57% from the previous year's 767 million Euros. Net income was 99 million Euros. Gemplus employs more than 7800 people in 37 countries worldwide.
Since December 11, 2000, Gemplus shares have been trading on Euronext Paris S.A. First Market and on Nasdaq Stock Market™ as GEMP in the form of ADSs.
Gemplus: www.gemplus.com
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Contacts
Gemplus, Marielle Bricman
Technology PR Manager, Global
tel: 33 4 42 36 55 96
email: marielle.bricman@gemplus.com
Gemplus, Kerry Butler
Public Relations Specialist
tel: 1 215.390.1541
email: kerry.butler@gemplus.com
Vantage, Theresia Qwist/Jenny Suh
tel: 1 415 908 0444
email: PR@vantage
IT SHOULD BE NOTED THAT CERTAIN OF THE STATEMENTS CONTAINED IN THIS RELEASE MAY CONSTITUTE FORWARD-LOOKING STATEMENTS WITHIN THE MEANING OF SECTION 27A OF THE SECURITIES ACT OF 1933 AND SECTION 21E OF THE SECURITIES EXCHANGE ACT OF 1934. THESE STATEMENTS RELATE TO FUTURE EVENTS OR OUR FUTURE FINANCIAL PERFORMANCE AND INVOLVE KNOWN AND UNKNOWN RISKS, UNCERTAINTIES AND OTHER FACTORS INCLUDING WITHOUT LIMITATION CUSTOMER DEMAND FOR OUR PRODUCTS, SUPPLY OF KEY COMPONENTS, DEVELOPMENTS IN THE MARKET AND ADVANCES IN TECHNOLOGY THAT MAY CAUSE OUR OR OUR INDUSTRY'S ACTUAL RESULTS, LEVELS OF ACTIVITY, OR PERFORMANCE TO MATERIALLY DIFFER FROM THOSE EXPRESSED OR IMPLIED BY SUCH FORWARD-LOOKING STATEMENTS. FOR A MORE DETAILED DESCRIPTION OF THESE FACTORS, PLEASE SEE GEMPLUS' MOST RECENT FILINGS WITH THE SECURITIES AND EXCHANGE COMMISSION. THESE STATEMENTS REFLECT MANAGEMENT'S CURRENT EXPECTATIONS REGARDING FUTURE EVENTS AND OPERATING PERFORMANCE AND SPEAK ONLY AS OF THE DATE OF THIS RELEASE. WE ARE UNDER NO DUTY TO UPDATE OR REVISE ANY OF THE FORWARD-LOOKING STATEMENTS AFTER THIS DATE OR TO CONFORM SUCH STATEMENTS TO ACTUAL RESULTS OR TO REFLECT THE OCCURRENCE OF ANTICIPATED RESULTS.
©2001 Gemplus S.A. All rights reserved. Gemplus and GemXpresso are registered trademarks and service marks of Gemplus S.A. All other trademarks and service marks are the property of their respective owners.
Sun, Sun Microsystems, the Sun logo, iPlanet, Java Card and The Network Is The Computer are trademarks or registered trademarks of Sun Microsystems, Inc., in the United States and other countries.
©2001 Gemplus All rights reserved. Gemplus,
the Gemplus logo and GemSense are trademarks and service marks of Gemplus
S.A. and are registered in certain countries. All other trademarks and
service marks, whether registered or not in specific countries, are the
property of their respective owners.
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