Luxembourg (ots/PRNewswire) - Gemplus International S.A.
(Euronext: LU0121706294 - GEM and NASDAQ: GEMP), the world's leading
provider of smart card-based solutions, announces that it has
delivered over 100,000 GemSCOSTA(1) optical smart cards to the State
of New Delhi in the first phase of India's vehicle registration card
programme. India's smart card-based programme for vehicle
registration and drivers license is expected to be the world's
largest of its kind, with a market potential of over 100 million
cards issued nationwide over the next five years.
India's vehicle registration programme has initially been rolled
out in the States of New Delhi and Gujarat, and will be shortly
followed by the States of Maharashtra and Uttar Pradesh. Together the
four State Governments aim to issue a total of 30 million cards to
vehicle owners by 2008, with several other States to follow.
The SCOSTA smart chip from Gemplus (GemSCOSTA) will securely store
statutory data about the vehicle, its registration and the owner,
while the card body will have basic cardholder data printed on them.
Information about vehicle history, pollution control certification
and other vehicle documents, are stored on the optical strip. Gemplus
is working closely with local BOOT(2) project contractor and system
integrator, Shonkh Technologies Int'l Ltd, who will manage all
"We are pleased to be working with the world's leading smart card
company, and the first International manufacturer who was certified
to meet India's SCOSTA specification," said Mr.Vivek Nagpal, Chairman
of Shonkh Technologies Int'l Limited. "By using smart card technology
in combination with optical cards we are able to deliver the most
advanced vehicle registration system in the world, helping the Indian
Government to reduce the queues and manual paperwork normally
associated with this service."
This system will offer immediate access to information about
drivers and their vehicles to Police/Road Transport authorities in
the field. A Police/Road Transport officer equipped with a portable
reader terminal is able to insert the vehicle registration card in
the reader and instantly retrieve data about the vehicle and its
owner, as well as records regarding certificate of pollution control
etc. Initially, the optical smart card will only serve the vehicle
registration application, but the plan is to eventually extend the
card to support additional applications, such as petrol loyalty,
e-purse, insurance etc.
"Gemplus is excited to be a part of this groundbreaking project",
said Vijay Parthasarathy, Managing Director Gemplus India. "While
India's Government can benefit from increased tax revenue and reduced
fraud, its citizens are able to enjoy greater protection against
vehicle theft and from purchasing illegally obtained vehicles".
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
Gemplus' revenue in 2004 was 865 million Euros.
(1) SCOSTA (Smart Card Operating System for Transport
Applications) is the OS specifications for smart cards to be used as
Vehicle Registration cards and Drivers License cards, drafted by
India's National Informatics Centre, a branch of the Ministry of IT.
All Vehicle Registration and Drivers Licence cards issued in India
will have to adhere to this standard to ensure national
interoperability. GemSCOSTA is Gemplus' own SCOSTA certified smart
card OS developed for the Indian Vehicle Registration and Drivers
Licence card market.
(2) BOOT = Build, Own, Operate, Transfer. A BOOT funding model
involves a single organisation, or consortium designing, building,
funding, owning and operating the scheme for a defined period of time
and then transferring this ownership across to an agreed party.
(c)2005 Gemplus. All rights reserved. Gemplus, the Gemplus logo,
and GemSCOSTA 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.
ots Originaltext: Gemplus
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