Gemplus Technology Enables Cereal Market Brokers to Perform Secure
Transactions by Using Smart Cards and Digital Signatures
SAN JOSE, Calif., Feb. 19 /PRNewswire-FirstCall/ -- RSA Data Security 2002
-- Gemplus (Euronext: Sicovam 5768) (Nasdaq: GEMP), the world's number one
provider of solutions empowered by smart cards, announces it was chosen by the
Stock Exchange from Rosario City in Argentina, to implement a secure
e-commerce solution based on smart cards and digital signatures(1) for brokers
operating in the cereal market.
With Gemplus' security solution, brokers can use a smart card to digitally
sign and register transactions performed through the website http://www.confirma.com,
designed by the Cereal Stock Exchange. Previously, these types of transactions
were formalized in paper.
Using PKI (public key infrastructure) based digital signature software in
combination with a smart card and a reader-writer device connected to the
computer, the broker signing the contract is securely authenticated and the
integrity of the trade contents are validated, enabling a time-stamped and
non-disputable trading transaction.
"Incorporating this technology is a step forward on the market scope. We
want to provide features as well as add elements that contribute to the
development of a more nimble and secure performance," said Javier Cervio,
Rosario's Cereal Stock Exchange General Sub-manager.
The smart card securely stores personal information about the user, and
works as a personal web-based "ID card" each time the subscriber signs a
contract. This smart card enabled digital signature solution is based on
Gemplus' GemSAFE security suite and provides the users with:
-- An easy-to-use technology that speeds contract trading procedures and
accelerates commercial duties
-- An efficient trading process that reduces costs throughout the
commercial chain and increases productivity
-- A highly secure, solution that anticipates and reduces digital fraud,
assuring the integrity and validity of signed contracts.
"Gemplus provides a secure yet user-friendly solution, designed to satisfy
the increasing need for secure user authentication and information exchange on
the Internet, all under absolute privacy," said Ian Walmsley, Gemplus
Financial and Security Services Business Unit, Latin America. "We believe that
this type of application answers significant needs of online transaction
environments."
GEMPLUS: the world's number one provider of solutions empowered by Smart
Cards.
Gemplus helps its clients offer an exceptional range of portable,
personalized solutions that bring security and convenience to people's lives.
These include mobile Internet access, inter-operable banking facilities,
e-commerce and a wealth of other applications.
Gemplus is the only completely dedicated, truly global player in the Smart
Card industry, with the largest R&D team, unrivalled experience, and an
outstanding track record of technological innovation.
Gemplus trades its shares on Euronext Paris S.A. First Market and on the
Nasdaq Stock Market as GEMP in the form of ADSs. Its revenue in 2000 was 1.205
Billion Euros. It employs 6721 people in 37 countries throughout the world.
Gemplus: Beyond Smart http://www.gemplus.com
All rights reserved. Gemplus, the Gemplus logo and GemSAFE are trademarks
and service marks of Gemplus 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.
(1) A digital signature is a web-based signature, based on PKI (public key
infrastructure) that can be used to authenticate the identity of the sender of
a message or the signer of a document, and to ensure that the original content
of the message or document that has been sent is unchanged. Digital signatures
are easily transportable, cannot be imitated by someone else, and can be
automatically time-stamped. The ability to ensure that the original signed
message arrived means that the sender cannot easily repudiate it later.
SOURCE Gemplus
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Related links:
http://www.gemplus.com
CONTACT:
Mariela Arce of Gemplus Marcom Manager Latam,
+54 11 4343 4009, or Mariela.arce@gemplus.com; or Kerry Butler of
Gemplus PR Noram, +1-215-390-2840, or Kerry.Butler@gemplus.com;
or Alicia Jones of Edelman Public Relations Worldwide,
+1-323-202-1047, or Alicia.jones@edelman.com, for Gemplus
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