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Gemplus-Goldpac First to Deliver EMV Cards to ICBC, China's Leading Bank

Luxembourg (ots/PRNewswire)

- ICBC is the First to Deploy EMV Credit Cards in China
Gemplus International S.A. (Euronext: LU0121706294 - GEM and
NASDAQ:GEMP), a world leading provider of smart card solutions,
announces  that it has delivered EMV credit cards offering high
security for  transactions for the leading Chinese bank, Industrial
and Commercial Bank of  China (ICBC). The cards were manufactured
locally by Gemplus's Joint Venture  with Goldpac Group in Zhuhai,
which is already EMV certified by MasterCard  International, VISA,
DINER and China UnionPay.
"As the largest and leading bank in China, it was important for us
to open the way for the migration to EMV across the country. We were
looking for a reliable partner who could deliver on time and support
us in the process. Gemplus gave us the service and technical skills
necessary for this first deployment", said the EMV project leader of
ICBC.
The cards are based on Gemplus's top of the range Java Card,
GemXpresso Pro, and are compliant with the latest specifications from
MasterCard, MCHIP/4.0. With Dynamic Data Authentication (DDA) on
board, the cards provide the most advanced security available for
securing payment transactions.
"ICBC is one of Asia's biggest banks and is taking the lead in
deploying EMV in China. Gemplus is delighted to support ICBC in its
EMV rollout through our Gemplus-Goldpac Joint Venture which has
served ICBC for many years", explains Suzanne Tong-Li, President,
Gemplus China.
About Gemplus-Goldpac
Established in 1995 by the association of Goldpac International
Holding Ltd and Gemplus, Gemplus-Goldpac has been certified by Visa,
MasterCard, American Express, JCB, DINER and CUP (China UnionPay) for
card manufacturing and personalization.
With over 600 employees, three branch companies and six business
offices, it has issued over one billion cards making it one of the
biggest card suppliers in the Asia-Pacific region. Its business
interests include finance, public transportation, campus, highway,
and e-banking. Gemplus Goldpac has a growing business presence in
Hong Kong and Macao.
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 5.5 billion smart cards.
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:
    Jane Strachey                     Matthew McGuinness
    Gemplus                           Edelman PR Agency
    Tel: +33(0)442364661              Tel: +44(0)207-344-1259
    Email:  jane.strachey@gemplus.com  Email:  matthew.mcguinness@edelman.com
(c)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.

Contact:

Jane Strachey, Gemplus, Tel: +33(0)442364661, Email:
jane.strachey@gemplus.com; Matthew McGuinness, Edelman PR Agency,
Tel: +44(0)207-344-1259, Email: matthew.mcguinness@edelman.com

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