To anyone still interested in this Co.-
REDWOOD CITY, CA, April 28, 1998 -- Gemplus today announced that it has signed a letter of
intent with Visa International to become a partner in the Visa Smart Program, which offers complete
smart card solutions to Visa financial institutions worldwide and may potentially transform the way
consumers purchase goods and services.
As a partner in the Visa Smart Program, Gemplus will provide smart cards, smart card readers,
applications development software, and support services to Visa members for such applications as
electronic purse and loyalty. The Gemplus product offering will include the whole range of Visa
Smart products, such as Visa Cash, Visa Smart Credit and Visa Smart Debit; and the Visa Open
Platform, a secure multi-application card based on JavaT Card technology.
All of the Gemplus products provided to Visa members under the auspices of the program conform
to Visa Chip application standards.
"We are delighted to extend our longstanding relationship with Visa to this important program
offering secure smart card solutions to Visa members," said Donna Jeker, vice president of strategic
marketing and partnerships for North and Latin America. "We are committed to fully supporting
Visa's impressive effort to provide the most versatile and secure smart card applications to its
members."
About Gemplus
Gemplusr (http://www.gemplus.com) is the world's leading provider of conventional and smart
card-based solutions. Gemplus sells magnetic stripe cards, memory and microprocessor-based
smart cards, smart contactless cards, electronic tags and smart objects. The company designs and
markets software, development tools and readers. Gemplus also provides consulting, training and
personalization services to deliver the industry's most comprehensive and flexible card-based
solutions to its developers, distributors, partners, and customers.
With sales of over US$585 million in 1997, Gemplus employs more than 4,100 people, in ten
manufacturing facilities, five R&D centers and 41 sales and marketing offices located in 27 countries
around the world. Founded in 1988, Gemplus has successfully implemented portable and secure
smart card-based solutions to simplify applications such as public and wireless communications,
financial transactions, loyalty, transportation, education, healthcare, identity, access control, pay TV,
electronic commerce, Internet security, and information technology.
c 1998 Gemplus Corporation. Gemplus is a registered trademark of Gemplus. All other trademarks are the property of their respective owners.
Any updates as to when a share offering may occur?
Later:Rick |
