Gemplus
Gemplus Opts for a Regional Management and Reporting Structure
Luxembourg, 29 September 2005 - Gemplus International S.A. (Euronext:
LU0121706294 – GEM and NASDAQ: GEMP), the world’s leading provider of smart card
solutions, announces today that in keeping with its strategy to further improve
customer centricity, the company is moving to a regionally based organization.
All members of the existing Management Committee remain in place.
Effective 1 January 2006, the company will organize around 3 geographical
regions.
The Americas under Ernie Berger, Executive Vice President,
Asia, under Martin McCourt, Executive Vice President,
and EMEA (Europe, Middle East and Africa) under Jacques Seneca, Executive Vice
President.
In addition, Gemplus has introduced a new function of Chief Technology
Officer, which will be taken on by Philippe Vallée, supervising Product and
Marketing Management. All remaining members of the Gemplus Management Committee
stay the same with:
Philippe Combes as Executive Vice President, Operations
Philippe Duranton as Executive Vice President, Human Resources
Stephen Juge as Executive Vice President & General Counsel
Frans Spaargaren as Executive Vice President & Chief Financial Officer.
Alex Mandl, Chief Executive Officer, Gemplus comments “We have been working
towards a more regional orientation of our management for some time, with the
appointments of Martin McCourt in Asia and Ernie Berger in the US. This is the
final leg in putting in place our organization and I firmly believe that this
will stand us in good shape moving forward and will allow us to further improve
how we serve our clients the world over.”
There are no restructuring plans associated with this announcement and the
daily contact that our clients have with Gemplus will not change.
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 (2005), 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.
www.gemplus.com
For more information:
Remi Calvet
Senior Vice President,
Corporate Communications
Tel: +33(0)442366076
remi.calvet@gemplus.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.
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