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Technology Stocks : Gemplus -- Ignore unavailable to you. Want to Upgrade?

To: CENTrader who wrote (3)	5/12/1998 2:06:00 AM
From: trypod	Read Replies (1) \| Respond to of 11

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