Gemplus
appoints Frans Spaargaren new CFO and Executive VP
Yves Guillaumot, former CFO and Executive VP is leaving the Company
Luxembourg - May 14 2004 - Gemplus International S.A. (Euronext:
LU0121706294 - GEM and NASDAQ: GEMP), the world's leading provider of smart card
enabled solutions, today announced the appointment of a new Chief Financial
Officer and Executive Vice President, Frans Spaargaren, effective June 1, 2004.
Frans Spaargaren replaces Yves Guillaumot, who, after 6 years in Gemplus,
will leave the Company to pursue other interests.
"I want to thank Yves for the significant contributions he has made
toward the turnaround of Gemplus, and wish him all the best for his future
endeavours", said Alex Mandl, President and Chief Executive Officer of
Gemplus. "We are very pleased to welcome Frans to the Senior Team of
Gemplus. Frans brings to Gemplus a unique blend of financial skills and
experience along with extensive international know-how."
Frans Spaargaren, age 48, of Dutch nationality, was formerly Executive Vice
President of Philips International, with responsibility for its joint venture
operations. Before that he was CFO of Philips Components. Prior to that he was
with Varta Batteries, where he held various financial and general management
positions and operational experience.
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 2002: Gartner Dataquest, 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
For more information, contact:
Remi Calvet
VP Corporate Communications, Gemplus,
Tel: +33 44 2 36 60 76
Email: remi.calvet@gemplus.com
Celine Berthier
Gemplus Investor Relations
Tel: +41 22 544 5065
Email: celine.berthier@gemplus.com
Fineo
Tel: +33 (0) 1 56 33 32 31
Email: gemplus@fineo.com
©2004 Gemplus International S.A. All rights reserved. Gemplus, the
Gemplus logo, GemXpresso, MySIMCopier, Gemsense Pro, m-Banxafe, and Your
Passport to the Digital Age 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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