Gemplus
and SoloMio Announce Strategic Partnership
GemVentures Invests in SoloMio Gemplus' Philippe
Vallée Joins SoloMio Board of Directors
Luxembourg and Austin, TX- September 8, 2004 - Gemplus International
S.A., (Euronext: LU0121706294 - GEM and NASDAQ: GEMP) the world's largest
provider of smart card solutions, and SoloMio, a visionary leader in
next-generation Smart Call services and technology, today announced a strategic
partnership that will accelerate delivery of call completion solutions to mobile
operators. Together, the companies will jointly market and develop call
management and call completion solutions for Subscriber Identity Module (SIM)
Cards that will enable telecommunications operators to capture revenue normally
lost to uncompleted calls.
The strategic partnership is part of a larger commitment by Gemplus and
GemVentures to SoloMio. GemVentures, the corporate Venture Capital fund of
Gemplus, will have a minority equity interest in SoloMio. Additionally, Philippe
Vallée, head of Gemplus' Telecom Business Unit, will join the SoloMio Board of
Directors. Philippe Vallée is chairman of the Board for the SIM Alliance and
has tremendous experience in both telecom and the smart card industry. To
reinforce this partnership on a practical level, SoloMio has joined Gemplus'
partner program, SIMXplore, which works with content and service providers to
offer SIM-based solutions to operator's networks.
"Our partnership with SoloMio is multi-layered to provide both companies
with the greatest benefit in this competitive market," said Philippe
Vallée, Executive Vice President, Telecom Business Unit for Gemplus. "SoloMio
is very well positioned as an innovator in the call completion and call
management space. The combination of our efforts will make the operators more
successful, giving them new branded services for increased average revenue per
user."
Combining the Smart Card technology with SoloMio's solutions enables mobile
operators to successfully drive more calls to a billable conclusion, increasing
the operator's profitability and the average revenue per user by recapturing
revenue normally lost to uncompleted calls. In addition, the operator-branded
services enhance customer satisfaction and loyalty.
The companies will collaborate on further development of solutions that can
be provided to end users "over-the-air" for a wider market deployment.
More and more, operators are searching for ways to brand their services and
increase end user loyalty. Over-the-air is a more effective way of transmitting
data, value-added services or applications to an existing customer's handset
that doesn't require the customer to physically remove and service the SIM card.
The companies will cross train their sales forces and coordinate solution
services to support operator rollouts of SIM renewals.
"Gemplus has a global footprint that is unmatched in the industry and
SoloMio's partnership with Gemplus strengthens our position and momentum in the
marketplace. Through our cooperation, we can accelerate penetration of call
completion services that are ultimately more profitable for the operator and
more supportive for the end user," said Richard Schwartz, CEO at SoloMio.
About Gemplus
Gemplus International S.A. (Euronext: LU0121706294 - GEM and NASDAQ: GEMP)
is the world's leading player in the smart card industry in both revenue and
total shipments (source: Gartner-Dataquest (2003), Frost & Sullivan,
Datamonitor.) It has the largest R&D team, unrivalled experience, and an
outstanding track record of technological innovation.
Gemplus offers an exceptional range of portable, personalized solutions that
bring security and convenience to people's lives. These include Mobile
Telecommunications, Public Telephony, Banking, Retail, Transport, Identity, WLAN,
Pay-TV, e-government, access control, and a wealth of other applications.
Gemplus' revenue in 2003 was 749 million Euros.
www.gemplus.com
About GemVentures
GemVentures is Gemplus' Corporate Venture Capital Fund. It aims to boost the
smart card industry by investing across Europe, America and Asia, and focusing
on investment in promising companies with high growth potential. The investment
Fund strategy is to encourage the realization of new technologies, new
applications and new services that will drive tomorrow's smart card world. (See www.gemventures.com)
About SoloMio
SoloMio Corporation is a privately held global software company and a visionary
leader of next-generation smart call services and technology. SoloMio's
value-added services software suite delivers more ways to make and take more
calls. Proven to increase voice and data usage and call completion, SoloMio's
Smart Call Services enables telecommunications operators to deliver a range of
highly compelling, configurable, operator-branded services that grow their most
valuable consumer and business segments. With a veteran team that has repeatedly
delivered high-impact products and grown new companies, SoloMio corporate
headquarters are in Austin, Texas, with offices in London, Paris and Munich. For
more information, please visit www.solomio.com
For more information, contact:
Jane Strachey
Gemplus
Office : +33 (0)442364661
Mobile : +33 (0)676493593
jane.strachey@gemplus.com
Alicia Quinn
SoloMio
Office : + 1 512-394-1275
Mobile : + 1 512-657-6733
aqsankar@austin.rr.com
Véronique Corda
Marcom Services, SoloMio
Office : +33 1 45 06 16 68
Mobile : +33 6 24 36 53 85
vcorda@solomio.com
©2004 Gemplus. All rights reserved. Gemplus, and the
Gemplus logo 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.
Some of the statements contained in this release constitute
forward-looking statements. These statements relate to future events or our
future financial performance and involve known and unknown risks, uncertainties,
and other factors that may cause our or our industry's actual results, levels of
activity, performance or achievements to be materially different from any future
results, levels of activities, performance, or achievements expressed or implied
by such forward-looking statements. Actual events or results may differ
materially. Although we believe that the expectations reflected in the
forward-looking statements are reasonable, we cannot guarantee future results,
levels of activity, performance or achievements. Factors that could cause actual
results to differ materially from those estimated by the forward-looking
statements contained in this release include, but are not limited to: trends in
wireless communication and mobile commerce markets; our ability to develop new
technology, and the effects of competing technologies developed and expected
intense competition generally in our main markets; profitability of our
expansion strategy; challenges to or loss of our intellectual property rights;
our ability to establish and maintain strategic relationships in our major
businesses; our ability to develop and take advantage of new software and
services; and the effect of future acquisitions and investments on our share
price. Moreover, neither we nor any other person assumes responsibility for the
accuracy and completeness of such forward-looking statements. The
forward-looking statements contained in this release speak only as of this
release. We are under no duty to update any of the forward-looking statements
after this date to conform such statements to actual results or to reflect the
occurrence of anticipated results.
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