Gemplus
delivers GemInstant™ for MasterCard® PayPass™contactless payments in the US market
Luxembourg
and Horsham, PENNSYLVANIA,
6 October 2005 – Gemplus International S.A. (Euronext:
LU0121706294 - GEM and NASDAQ: GEMP), the world's leading provider of smart card
solutions, today announced that one of the top ten leading banks in North
America has selected Gemplus’ GemInstant™ cards for its contactless payment
program.
GemInstant cards leverage contactless technology to simplify payment for
small value transactions in venues where speed is essential. The cards are
MasterCard® PayPass™ compliant and contain a built-in chip and antenna that uses
short range radio waves to allow cardholders to simply tap their card on a
specially-equipped terminal to securely transmit account details.
Ernie Berger, President of Gemplus North America, stated “We are proud to
deliver GemInstant cards to support the contactless payment strategies of our
customers. And we are delighted that the GemInstant contactless cards will be
produced at Gemplus’ recently enhanced card manufacturing facility in
Pennsylvania. We look forward to supporting a market which is poised for
significant growth.”
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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
For more information
Steve Lacourt
Gemplus Financial Services Business Unit
Tel: +32 (0) 2 711 48 20
Email: steve.lacourt@gemplus.com
Rebecca Naysan
Edelman
Tel: +1 (0) 212 704 8245
Email: rebecca.naysan@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.
MasterCard® PayPass™ is a trademark and service mark of
MasterCard International.
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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