Gemplus delivers high security payment cards to JCB
Companies lead the field with Japan’s deployment of cards enabling Dynamic Data Authentication
Luxembourg and
Tokyo,
5 September 2005 – Gemplus International S.A.
(Euronext: LU0121706294 – GEM and NASDAQ: GEMP), the world’s leading provider of
smart card solutions, today announced that it has started to deliver
multi-application EMV1 smart card
microprocessor modules in mass volume to JCB, the largest card issuer in Japan.
Gemplus will deliver the microprocessors over two years, enabling the deployment
of Dynamic Data Authentication2
(DDA) cards in Japan. JCB has deployed the new smart cards from the end of July
2005.
The development of the microprocessors, designed by Gemplus specifically for
this project, was certified in January 2005. Compliant with the latest JCB smart
card specifications, these microprocessors enable international transactions.
The modules will be delivered to Toppan Printing Co., a strategic alliance
partner of Gemplus in Japan, which receives the orders from JCB. Toppan Printing
Co.will embed, personalise the cards and deliver the finished product to JCB.
The cards will be equipped with JCB’s own smart application, J/Smart.
Additionally, the cards will contain the smart card loyalty application,
‘Plet's’, which allows customers to exchange their points for premiums or
discounts at participating retail outlets.
“As Japan’s leading credit card issuer and an international brand, we have
set a precedent in offering our customers a more secure way to make purchases,
reducing the risk of card fraud. Gemplus has consulted us through each stage of
development of this high-tech project, with the added advantage of a local
partner who understands the market,” said Kazuhiro Matsumoto, Executive Vice
President & General Manager, Advanced Technologies Department, JCB Co.,Ltd.
“This partnership demonstrates Gemplus’ ability to work with regional
companies to develop international solutions, incorporating latest technology
and specifications.” added Akio Kondo, President and Representative Director of
Gemplus Japan. “We enable financial institutions to provide interoperable
solutions to their customers, so that they can feel more secure from fraud
wherever they are in the world.”
For some years now, Japan - especially JCB - has led the Asia-Pacific
region’s EMV migration, making it the second-most active region globally
following Europe. In December 2004, JCB acquired one-third ownership in EMVCo,
the standards definition organisation for EMV founded by Visa and MasterCard.
JCB has an equal voice to Visa and MasterCard and the share in EMVCo allows JCB
to accelerate the EMV-enabling of its chip cards.
1. EMV is a smart card
payment standard that was created in 1996 by Europay, MasterCard and Visa (EMV),
guaranteeing worldwide interoperability and security for payment. Benefiting
card issuers, acquirers and cardholders, EMV is essential in the reduction of
fraud and also provides opportunities for financial institutions to
differentiate new services for cardholders.
2. To reduce the risk of card fraud, EMV
standard defined dynamic offline authentication mechanisms based on asymetric
cryptography. Both Dynamic Data Authentification (DDA) and Combined Data
Authentification (CDA) smart card authentication systems generate an unique
signature on every transaction, making it very difficult to copy.
###
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 (2004), Frost & Sullivan, Datamonitor).
It has sold over 5 billion smart cards.
With security at its core, and 2400 patents and patent applications produced by
its innovative R&D team, Gemplus delivers a wide range of portable,
personalized solutions in areas including Identity, Mobile Telecommunications,
Public Telephony, Banking, Retail, Transport, Healthcare, WLAN, Pay-TV,
e-government, and access control. Gemplus' revenue in 2004 was 865 million Euros.
wwww.gemplus.com
About JCB Co., Ltd.
JCB is an international credit card brand and the largest card issuer and
acquirer in Japan. JCB launched its card business in Japan in 1961 and began
expanding overseas in 1981. Its merchant network includes 12.4 million merchants
and spans 190 countries and territories. JCB cards are now issued in 19
countries and territories, with 55.14 million cardmembers. As part of its
international growth strategy, JCB has formed alliances with more than 350
leading banks and financial institutions globally to increase merchant coverage
and cardmember base. JCB's corporate philosophy of "Service from the heart", a
commitment to responsive and high-quality service, continues to guide it as it
creates the future together with its customers, merchants and partners. For
further information, please visit the JCB Co. Ltd. home page at:
www.jcb-global.com/english or
www.jcbcorporate.com/english.
About Toppan Printing Co., Ltd.
Toppan was established in 1900 and is one of the largest printing companies in
the industry. Toppan bases its operation in printing technology, doing business
in a large variety of fields including securities, cards, business printing,
publication printing, packages, industrial material, electronics and E-business.
As a comprehensive communication industry based on printing technology, Toppan
also enjoys abundant achievements.
For more information, visit its website
http://www.toppan.co.jp/english/
For more informationn
Steve Lacourt
Gemplus Financial Services Business Unit
Tel: +32 (0) 2 711 48 20
Fax: +32 (0) 2 725 14 60
Email: steve.lacourt@gemplus.com
Emma Williamson
Edelman
Tel: +44 (0) 20 7344 1253
Fax: +44 (0) 20 7344 1222
Email: emma.williamson@edelman.com
©2005 Gemplus. All rights reserved. Gemplus, 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.
|