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Gemplus tops Frost & Sullivan's global market study of smart card industry for the second year running
Cartes 2001, Paris, 23October 2001 – Gemplus (NASDAQ:GEMP), the world’s leading provider of smart card-enabled solutions, has today been recognised as the undisputed global market leader in the smart card industry based on a market study in 2000. Two independent global market surveys now confirm Gemplus’ market leadership in the smart card industry as this report follows a world ranking by Dataquest Gartner announced earlier this year.
According to Frost & Sullivan’s market data, Gemplus recorded a massive 623 million smart cards shipped in 2000, 66 million cards shipped ahead of its closest competitor Schlumberger.
The report ranking is an important milestone for Gemplus as it continues to strengthen its position in the telecommunications, financial services and e-Business security markets by offering a complete smart card solutions package from software, hardware to applications and services.
“We are very proud and delighted at being recognized as the global market leader by Frost & Sullivan,” said Antonio Perez, CEO of Gemplus International SA. “We are determined to capitalise on our market position now and agressively work towards broadening our lead whislt the market consolidates and continues to grow. “
This successful ranking follows a series of groundbreaking partnerships. Gemplus’ multi-application solutions for the banking and retail industries have been co-developed and//or adopted by key market players such as Visa, Providian Financial Corporation, First USA, Fleet Credit Card Services and Target Corporation. Gemplus has strengthened its position in the 3G market by providing the first 3rd Generation card which is currently being deployed by NTT DoCoMo. Gemplus is also enhancing its smart card infrastructure technology for PC OEM partners like Compaq, and jsut teamed up with Palm enabling the company to provide a multi-application smart card infrastructure solution for the mobile and PDA market.
Frost & Sullivan estimates the smart card market to expand to 3.66 billion units shipped by 2004. The full report can be obtained from Frost & Sullivan, code 6334 dated September 2001.
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About Gemplus
GEMPLUS: the world's number one provider of solutions empowered by Smart Cards (Gartner Dataquest 2001, Frost & Sullivan 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.
Gemplus: Your Passport to the Digital Age
www.gemplus.com
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Press contacts
Gemplus Corporate, Séverine Percetti
tel: 33 (0)4 42 36 67 67
email: severine.percetti@gemplus.com
©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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