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Gemplus exclusive partner for Tunisian EMV migration Gemplus and SMT to launch smart card based payment system



Tunis, 14 November 2001. Gemplus, the world's number one provider of solutions empowered by smart cards, today announced an exclusive contract with Tunisia's SMT (Societe Monetique Tunisie) to provide technology for the country's migration to a smart card based EMV (Europay, Mastercard and Visa) solution. Gemplus will deliver hundreds of thousand cards, a complete personnalization center, and training and support worth several million Euros. The cards will be distributed countrywide in all the bank's 13 outlets.

Gemplus will be the sole supplier for the first three years of the migration which begins in January 2002.

Tunisia's main source of income is tourism, but it found that tourists were encountering unacceptable levels payment card fraud. As a result SMT, with the support of Tunisian Ministery of Finance, organised a call for tender for a full EMV migration solution. The solution secures people's transactions and therefore increases tourist confidence in Tunisian commerce.

Tunisia is pioneering the use of smart card technology in Africa, and it is the first in the region to implement the EMV security solution. The cards will follow all the international standards of security, following the specifications given by Visa and Mastercard.

" We have chosen Gemplus because their knowledge and expertise for EMV migration has been proven " says Monsieur Kessair, Directeur Général, Société Monétique de Tunisie. " One of the key factors in the decision making process is the constant presence of the Gemplus team and the levels of service, support it was able to deliver ".

" We are really proud to be the partner of the pioneer in Africa, security is an important issue and we think that this step will be lead the way to other EMV migrations in the region " comments Sami Bagdhadi - Gemplus Director of Sales SEMEA.


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About Gemplus
GEMPLUS: the world's number one provider of solutions empowered by Smart Cards (Gartner Dataquest 2001).


Gemplus helps its clients offer an exceptional range of portable, personalized solutions that bring security and convenience to people's lives. These include mobile internet access, inter-operable banking facilities, e-commerce and a wealth of other applications.


Gemplus is the only completely dedicated, truly global player in the Smart Card industry, with the largest R&D team, unrivalled experience, and an outstanding track record of technological innovation.

Gemplus trades its shares on Euronext Paris S.A. First Market and on the Nasdaq Stock Market™ as GEMP in the form of ADSs. Its revenue in 2000 was 1.205 Billion Euros. It employs 7200 people in 37 countries throughout the world.


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Contact
Marielle Bricman
tel: 33 4 42 36 55 96
email: marielle.bricman@gemplus.com

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