Gemplus (Nasdaq:GEMP), the world's leading provider of smart card solutions, today announced it continues to realize growing demand for Java Card(TM) technology-based smart cards.
Propelled by the launch of the three-dollar GemXpresso(R) card for Smart VISA(TM) program in 2000, Gemplus continues to realize growing use of Java Card technology by clients worldwide. The secure, open/multi-application and interoperable nature of Java Card technology has proven to be highly successful for many of Gemplus' clients including Fleet Bank and Providian. As Gemplus moves toward offering a comprehensive Card Management System (CMS), the ability to download multiple applications will become even more valuable in providing card issuers and their card holding customers fully customized, flexible and scalable smart card solutions.
(1)Dataquest/Gartner reports growth of greater than 45% from 1999 - 2000 with significant potential in the Financial Services and in the IT /e-business sectors, where the use of flexible and scalable solutions offerings like Java Card technology will be paramount. Widescale adoption of open, Java Card technology-based solutions in the financial arena is complimented by another key driver in North America: The US Department of Defense has embraced PKI technology using Java Card technology in its current rollout of military ID cards for active and reserve components of the military. In addition, the Wireless industry has strong demand for Java Card technology-based SIM (Subscriber Identification Module) cards anticipated with mobile commerce migrating from 2G to 3G technology. Gemplus' recent acquisition of SLP Infoware, a mobile CRM solutions firm, compliments this trend as well.
As a founding member of the Java Card Forum and an active leading participant in GlobalPlatform and OpenCard Consortium, Gemplus is actively working alongside Sun and iPlanet(TM) E-commerce Solutions to drive global interoperability for smart card technology as well as EMV standards. These continued efforts will assure more complex, effective and usable product offerings from Gemplus, Sun and the smart card community.
"The rapidly increasing number, and the rapidly increasing complexity, of electronic, identity sensitive, online financial transactions requires convenient, easy to use and easy to manage solutions that are available through smart card technology. Java Card technology is a key competitive factor in our solution offering," confirms Dr. Mel Slater, Senior Vice President, Strategic Alliances at Gemplus.
"Java Card technology was developed through an open process with key industry players to provide card vendors, developers and issuers with an interoperable, multi-application based smart card platform," said Richard Green, vice president and general manager, Java Software, Sun Microsystems. "Gemplus has made significant contributions to this open process and is helping lead the community of smart card suppliers offering economical, secure, customizable smart card solutions."
[ Home | Contact | MobiChat | Experts database | Let's do it ]
Comments to the content of this page can be posted on the MobiChat discussion group