Web Segmentation

First USA will take online card marketing to a higher level of segmentation with the signing of a one-year agreement with GeoCities. The partnership will enable First USA to target market its credit card products to specific visitor interests throughout GeoCities. First USA will offer hundreds of its credit card products to GeoCities homesteaders and visitors through keyword searches and targeted banners throughout GeoCities’ 40 special-interest communities.  First USA currently has more than 1,200 affinity and co-branded card products. GeoCities’ site currently receives more than 789 million page views and 115 million visits each month. For March the web site had 14.7 million unique visitors.

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MasterCard Promotion

MasterCard International today announced the promotion of Jean Rozwadowski to the position of executive vice president, Europe and Middle East/Africa Regions, effective immediately.

Mr. Rozwadowski, 51, was previously senior vice president and general manager for Europe and Middle East/Africa Regions. Mr. Rozwadowski will continue to report directly to MasterCard President and CEO Bob Selander.

“This promotion recognizes the increased scope and importance of Jean’s responsibilities, which include managing our efforts in eight of MasterCard’s key markets worldwide,” said Selander. “Jean’s expertise has been invaluable in the planning and implementation of our agreement with Europay — MasterCard’s strategic business partner for Europe.”

Since joining MasterCard in 1996, Mr. Rozwadowski has served as the primary interface with Europay and has spearheaded the association’s new business building initiatives in Europe. In his expanded role, Mr. Rozwadowski will continue to strengthen MasterCard’s relationship with Europay and with key contacts in the Middle East/Africa Regions. Mr. Rozwadowski is based in Waterloo, Belgium.

Mr. Rozwadowski has more than 20 years of international payments industry experience in numerous markets around the world. Mr. Rozwadowski holds a master’s degree in business administration from the Amos Tuck School at Dartmouth College, New Hampshire, and a diploma from the Ecole Superieure de Commerce de Paris.

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Unprofitable Gov Cards

American Express indicated Wednesday it will no longer pursue U.S. Government card accounts for the purchase and travel card business based on a reevaluation of the earnings potential of the business.  American Express is one of  six card issuers selected by the GSA’s ‘Master Award’ program earlier this year to bid for accounts from individual federal agencies. American Express is currently the government’s travel card provider under an agreement that expires on November 30, and its activities with that program will not be affected. AmEx says the current pricing arena for these programs does not make good business and pales in comparison to the returns and growth opportunities of AmEx’s core corporate business. The company says the government business has been modestly profitable for the past few years, but based on the initial rounds of bidding it became apparent the returns will deteriorate significantly.

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CheckFree Up 24%

CheckFree Holdings Corporation announced Wednesday quarterly revenues of $61.8 million for the third quarter ended March 31, 1998 compared to $50.2 million for the same period in the prior year.  For the nine months ended March 31, 1998, the Company reported revenues of $170.4 million, compared to $121.4 million for the same period in the prior year.

Excluding a non-cash charge related to the vesting of warrants issued in connection with the Integrion alliance and a gain on disposition of assets related to the sale of the Item Processing software business, the Company reported net income of $57,000 for the quarter, or zero cents per share, compared to a net loss of $4.8 million, or ten cents per share for the same period in the prior year.  Including the non-cash charge related to the Integrion warrants and the gain on disposition of assets, the Company reported a net loss for the quarter of $17.5 million, or 32 cents per share, compared to a net loss of $142.9 million, or $2.83 per share for the same period in the prior year.

For the nine months ended March 31, 1998, excluding the non-cash charge related to the Integrion warrants, a gain on asset dispositions, exclusivity amortization and a charge for purchased in-process research and development, the Company reported a net loss of $4.4 million, or eight cents per share, compared to a net loss of $17.9 million, or 40 cents per share for the same period in the prior year.  Including the non-cash Integrion warrant charge, the gain on dispositions, exclusivity amortization and purchased in-process research and development, the Company reported a net loss on a year-to-date basis of $9.5 million, or 17 cents per share, compared to a net loss of $155.9 million, or $3.50 per share for the same period in the prior year.

“I am extremely pleased with the financial results we’ve been able to achieve this quarter,” said Peter J. Kight, chairman and chief executive officer of CheckFree.  “We hit our first profitable quarter as a publicly held company right on schedule, and we believe it is just the beginning of the rewards our employees and shareholders can expect as we prepare for the next generation of financial electronic commerce services.”  Mr. Kight added, “During the quarter, we completed our fiscal 1999 planning process and expect to achieve revenue of $265 to $270 million, and earnings per share of 32 cents for fiscal year 1999.  The 1999 plan assumes the completion of the previously announced software divestiture by June 30, 1998, and revenue growth of 35 percent over fiscal year 1998.”

CheckFree currently has agreements with more than 350 financial institutions to provide banking and electronic billing and payment processing services.  At March 31, 1998, with the Integrion alliance, more than 2.4 million home banking and bill payment subscribers were relying on CheckFree for behind-the-scenes processing, an increase of 60 percent over the prior year and an eight percent sequential increase over December 31, 1997.

CheckFree Expands Relationship with Intuit to Become the Exclusive     Provider of Bill Presentment and Payment for Quicken Software and Web site     Through an 18-month agreement, CheckFree will be the exclusive provider of electronic bill presentment and payment processing for Intuit’s Quicken personal financial management software and Quicken.com Web site.  Since December 1997, Quicken 98 for Windows customers have been able to both receive and pay their bills with a click of the mouse, enabled by CheckFree’s behind- the-scenes processing.  Later this year, electronic bill presentment will also be incorporated into Quicken.com ([http://www.quicken.com][1]), a leading personal finance Web site.  After receiving and processing billing information from its corporate customers, CheckFree will forward bill summary data to Quicken.com subscribers via the World Wide Web.  Customers will log on to the site directly, or be directed there by their bank-branded Quicken 98 software package, and view and pay their bills electronically.

“A year and a half ago, we began our relationship with Intuit with the purchase of their processing business,” said Kight.  “This acquisition marked a milestone in CheckFree’s history — making us the leading provider of payment processing to financial institutions.  With the recent announcement to be the exclusive provider of electronic bill presentment and payment processing for Quicken, we are now clearly leading the emerging market of bill presentment.”

Integrion Update

In March, CheckFree completed the Integrion outsourcing agreement that results in CheckFree processing for the former Visa Interactive business acquired by Integrion.  In addition, Integrion continues to migrate banks to its IFS platform while it completes the seamless integration with CheckFree’s processing engine.  Currently, NationsBank and Bank One are live with customers on the IFS system.  PNC, Michigan National and Washington Mutual are in implementation and will be live later this year, as well as another 4 Integrion banks that have committed to full implementation in 1998.  Banks using IFS will be the first to offer their customers fully integrated electronic banking, billing, and payment services developed by CheckFree and Integrion.

Genesis Platform Consolidation

Genesis is a three-phase infrastructure project to maximize operating effectiveness for remittance processing, data center costs and electronic banking and bill payment.  Completed ahead of schedule, the newly developed processing engine is in production at high volumes with traffic from numerous sources including NationsBank, Chase and Key Bank.

The second phase of the Genesis project — creating a single, centralized, state-of-the-art data center is nearly complete.  Most recently, the Austin data center was moved to the new Atlanta center, moving nearly one million customers 950 miles.  By June 30, Columbus will be moved to the new center, completing the data consolidations approximately three months ahead of schedule.

During the quarter the company also completed development of the new online systems for banking and bill payment.  Beta testing for these applications will be conducted during the fourth quarter and customers will begin to be migrated to the new platform in the second half of the calendar year.

Highlights of the quarter

* April 20, 1998 — CheckFree sells cash management and wire transfer       business units to Fundtech Ltd. For $18.25 million.     * April 1,1998 – CheckFree announces plans to divest seven of its software       products to enhance the company’s focus on core businesses in electronic       commerce products and services.  The products include: cash management,       wire transfer, leasing, item processing, imaging, mortgage and safe box       accounting.     * March 24, 1998 – CheckFree sells item processing unit to Houston-based       CONIX Systems, Inc.     * March 11, 1998 – Integrion and CheckFree sign agreement for processing       partnership, whereby CheckFree assumed management of the Herndon, Va.-       based company’s operations to handle bill payment fulfillment and       customer service to approximately 50 of Integrion’s financial       institution customers.     * March 4, 1998 – CheckFree launches CheckFree Trade RECON(TM), a       Windows-based client/server solution for global cash and securities       reconciliation.     * February 23, 1998 – CheckFree E-Bill receives 1998 Marketing Award for       Excellence (MAX), sponsored by Georgia State University’s College of       Business Administration and the Atlanta Business Chronicle.  The award       honors the outstanding product, service and marketing innovations       developed in Georgia during the previous year.     * January 29, 1998 – CheckFree and Harris Bank of Chicago form strategic       ACH business alliance to process the bank’s 45 million ACH transactions       conducted per year.     * January 28, 1998 – Home Depot replaces its reconciliation system with       CheckFree RECON-Plus for Windows for automating reconciliation       for its 609 stores nationwide.     * January 13, 1998 – CheckFree and CUNA Mutual Group launch electronic       billing and payment program to allow CUNA Mutual’s policyholders to       receive and pay their premiums on the Internet via CheckFree E-Bill.

Founded in 1981, CheckFree ([http://www.checkfree.com][2]) is the leading provider of electronic commerce services, software and related products for more than 2.4 million consumers, 1,000 businesses and 850 financial institutions.  CheckFree designs, develops and markets services that enable its customers to make electronic payments and collections, automate paper-based recurring financial transactions and conduct secure transactions on the Internet.

Certain of the Company’s statements in this news release contain forward- looking statements, including the statements regarding projections of future revenues and profitability (4th paragraph), incorporation of CheckFree’s bill presentment technology into quicken.com (6th paragraph), CheckFree’s lead in the emerging market of bill presentment (7th paragraph), implementation of additional Integrion clients (8th paragraph) and expected completion of the Genesis project (10th paragraph).  These forward-looking statements involve risks and uncertainties, including without limitation the timely implementation of existing bank processing agreements, the ability of the Company to sell its processing services to additional banks, the acceptance of the Company’s electronic banking and bill payment services by financial institutions, businesses and their customers, the acceptance of the Company’s applications software, services and related products by financial institutions, the impact of competitive services and products, the effect of any future acquisitions or divestitures, and the timely development and acceptance of new electronic commerce services and products, as well as the various risks inherent in the Company’s business and other risks and uncertainties detailed from time to time in the Company’s periodic reports filed with the Securities and Exchange Commission, including Form 10-K for the year ended June 30, 1997.  One or more of these factors have affected, and could in the future affect, the Company’s business and financial results in future periods and could cause actual results to differ materially from plans and projections.  All forward-looking statements made in this press release are based on information presently available to management, and the Company assumes no obligation to update any forward-looking statements.

               CHECKFREE HOLDINGS CORPORATION AND SUBSIDIARIES
                 Consolidated Condensed Results of Operations
                                 (Unaudited)
                    (In thousands, except per share data)

                              Three Months Ended         Nine Months Ended
                                    March 31,                 March 31,
                              1998          1997         1998          1997
      Revenues:
    Processing
     and servicing         $42,147       $30,293     $115,093       $72,658

    License fees             8,116         8,181       21,411        21,675
    Maintenance fees         6,644         7,300       19,904        15,654
    Other                    4,843         4,414       13,945        11,368
    Total Revenues          61,750        50,188      170,353       121,355

      Expenses:
    Cost of processing,
     servicing and support  34,213        30,357       94,332        75,784
    Research and development 9,360         8,556       26,157        22,527
    Sales, marketing
     and royalties           6,692         8,868       22,002        21,278
    General and
     administrative          5,215         3,923       15,748        12,924
    Depreciation
     and amortization        6,264         6,697       19,380        18,013
    In process research
     and development           —       140,000          719       140,000
    Charge for
     stock warrants         32,409          —-       32,409           —
    Exclusivity amortization   —         2,994        2,963         2,994
    Total Expenses          94,153       201,395      213,710       293,520
    Net gain on
     disposition of assets   3,080         6,250       28,449         6,250
    Loss from operations   (29,323)    (144,957)      (14,908)     (165,915)
    Interest, net              752           250        1,866         1,132

    Loss before
     income taxes          (28,571)    (144,707)      (13,042)     (164,783)
    Income tax benefit     (11,031)      (1,851)       (3,581)       (8,876)
    Net loss              $(17,540)   $(142,856)      $(9,461)    $(155,907)
    Basic and diluted
     earnings per share:
    Net loss per
     common share           $(0.32)      $(2.83)       $(0.17)       $(3.50)
    Weighted average
     number of shares       55,281        50,499       54,989        44,511
    Supplemental
     reconciliation of net
     income (loss) and
     and income (loss)
     per share:
     Loss before
     income taxes         $(28,571)   $(144,707)    $ (13,042)    $(164,783)
    Exclusivity
     amortization              —         2,994        2,963         2,994
    In process research
     and development           —       140,000          719       140,000
    Charge for
     stock warrants         32,409           —       32,409           —
    Net gain on
     disposition of assets  (3,080)      (6,250)      (28,449)       (6,250)
    Adjusted income (loss)
     before income taxes       758       (7,963)       (5,400)      (28,039)

    Income tax
     expense (benefit)         701       (3,153)       (1,011)      (10,178)

    Net Income (loss)
     excluding exclusivity
     amortization, in process
     research and development,
     charge for stock
     warrants and net gain on
     disposition of assets     $57      $(4,810)      $(4,389)     $(17,861)

    Net income (loss) per
     common share, excluding
     exclusivity amortization,
     in process research and
     development, charge
     for stock warrants and net
     gain on disposition
     of assets               $0.00       $(0.10)       $(0.08)       $(0.40)

               CHECKFREE HOLDINGS CORPORATION AND SUBSIDIARIES
                    Consolidated Condensed Balance Sheets
                                 (Unaudited)
                                (In thousands)

                                 March 31,               June 30,
                                    1998                   1997
    Current assets:
     Cash, cash equivalents,
      and investments             $63,973                 $36,516
    Accounts receivable, net       31,285                  44,507
    Assets held for sale           25,216                     —
    Other current assets            9,854                   5,200
    Total current assets          130,328                  86,223

    Deferred income taxes          11,105                   3,063
    Property and equipment, net    45,965                  44,027
    Capitalized software
     and intangible assets, net    43,414                  83,540
    Other                           7,066                   6,983
    Total assets                $ 237,878                $223,836
    Current liabilities:
    Accounts payable, accrued
     liabilities and other        $28,469                 $40,293
    Deferred revenues              25,358                  26,498
    Total current liabilities      53,827                  66,791
    Long-term obligations

     – less current portion         6,748                   8,401
    Net stockholders’ equity      177,303                 148,644
    Total liabilities
     and stockholders’ equity   $ 237,878                $223,836

[1]: http://www.quicken.com/
[2]: http://www.checkfree.com/

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Equifax Peru

Equifax disclosed this week it has increased its ownership in Peru’s Infocorp S.A. to 51%. Infocorp was launched in 1995 through Equifax DICOM in Chile. The firm has since become the largest provider of consumer and commercial credit information in Peru. The remaining 49% of Infocorp will continue to be held by the two largest banks in Peru: Banco de Credito del Peru and Banco Wiese.

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FORTAS

De La Rue Card Systems rolled-out ‘FORTAS’ yesterday, a  secure, long-life card material and personalization technique.  The card brings together enhanced security and durability that exceed the anti-counterfeit and 10 year life expectancy requirements of most government identity and driving license programs worldwide.  FORTAS has a unique tamper-evident device to detect if anyone has attempted to remove either the card’s photograph or text by glowing brightly when exposed to an ultra violet light.  Additional security features are based on the card’s personalization method, traditional security print techniques and a 2mm wide banknote-style thread which includes a customizable holographic image embedded into the card material.

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Smart Card Solutions Seminars

Gemplus today announced a series of quarterly Smart Card Solutions Seminars for strategic business decision-makers. The seminars will cover the information necessary to develop a strong business case for building a smart card solution. The first session will take place in Redwood Shores, California, June 10-11, 1998.

The purpose of the seminars is to provide attendees with the information necessary to build and implement a complete smart card solution in a reasonable period of time, based on their business objectives. The seminars have been designed for business and information technology (IT) management.

Each seminar will be given over a two-day period, and will be comprised of a technology section that provides information on such topics as standards, available microprocessor chips, and methods of securing data; and a business section that looks at such issues such as partnering opportunities, marketing, and consumer issues.

“Smart card technologies and solutions have been in the forefront of the news lately. We believe U.S. companies are ready to make a quantum leap in their use of smart cards — but companies need information in order to make educated decisions,” said Donna Jeker, vice president of strategic marketing and alliances for North and Latin America. “As the leader in the smart card industry, Gemplus feels that no other educational program can come close to offering the strategic expertise we will provide in these seminars.”

Seminar Program

Each Gemplus seminar will cover:

– Technology issues;

– Consumer issues;

– Marketing opportunities;

– Customer service needs;

– Financial considerations;

– Legal issues;

– Deployment issues;

– Personalization process; and

– Criteria for success

Seminar Registration

The inaugural Smart Card Solutions Seminar is scheduled for June 11-12, 1998, at the Hotel Sofitel in Redwood City, CA. The cost for the two-day seminar is $2,100 per person. For registration information, and information on the dates and locations of other seminars, call 1 (800) 446-1024 or visit the Gemplus web site at () and click on the Smart Card Solutions Seminar area.

About Gemplus

Gemplus(R) () 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 worldwide.

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PocketBase

Gemplus announced the industry’s first smart card solution for traditional relational database architectures using the industry standard ‘ODBC API’. Codenamed ‘PocketBase’, the new technology makes possible the development of identity, loyalty, government, transportation, information technology and other smart card based solutions capable of performing transactions with large databases of information. Gemplus also announced Tuesday the shipment of 200,000 PocketBase cards to the Health Insurance Institute of Slovenia. The company projects it will distribute 2 million PocketBase cards by next Summer.

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Bull Joins VISA Smart

Reinforcing its central role in implementing state-of-the-art products and technologies, Bull announced today at CardTech-SecurTech that Visa has chosen Bull’s microprocessor cards and terminals for its Visa Smart(TM) program. With this program, Visa is making it possible for its 21,000 Member banks to migrate towards credit card systems based on microprocessor smart cards, while keeping investments, risks and lead times to a minimum.

The Visa Smart program brings together leading companies worldwide, including card manufacturers, terminal manufacturers, consulting firms and service companies. Bull is an approved partner in both the Java card and terminal categories.

“We are delighted that Bull has become a partner in Visa Smart, which brings together leading technology suppliers and a comprehensive group of chip-based products and services to help Visa Member banks launch smart card programs quickly and cost efficiently,” said Philip Yen, senior vice president, Open Platform, Visa International.

Visa’s technological approach is based on the Java Open Platform. Visa customers will subsequently be able to use this platform to provide new Visa card services without having to replace all existing cards.

“As the world’s leading supplier of microprocessor smart cards for the banking sector and long-time partner with Visa, including the VisaCash(TM) program, Bull will be actively backing Visa Smart,” said David Levy, president & CEO of Bull Smart Cards & Terminals. “The Java Open Platform will ensure Visa card interoperability.”

“We are delighted to be working with Visa on this important initiative,” said Christian Goire, chairman of the Java Card Forum and in charge of advanced projects for Bull Smart Cards & Terminals. “Bull was one of the first smart card manufacturers to take up Java technology. We created, with the INRIA, the French National Institute for Research in Computer Science and Control, in May 1996 an economic interest group to jointly capitalize on their knowledge of virtual machines. Bull introduced its first a Java card, Odyssey I, in February. Odyssey II will conform with Visa’s Visa Open Technology platform.”

Bull Smart Cards in the Banking Sector

Bull is the world leader in electronic purses cards. In France in 1980, Bull was behind the first microprocessor credit/debit card that was subsequently used on a one-country scale: the BO’ card. This card, used for making both withdrawals and payments, is accepted in all of France’s cash distributors (25,000 today) and payment terminals (500,000 retailers equipped). More than 28 million of these cards are currently in circulation in France, representing an annual transaction total of more than FF1000 billion ($179 billion). In Great Britain, Bull is an active member in the UKIS project with NatWest (National Westminster Bank).

Bull also designs the range of SmartEMV multi-application cards, which fully comply with the specifications jointly defined by Europay, Mastercard and Visa. The SmartEMV offer is based on Bull’s unique expertise in terms of security which, according to ITSEC criteria, has been certified at the highest level ever reached by a smart card.

Bull’s Smart Card Terminals Offer

Bull’s know-how consists in controlling the design, manufacture and marketing of a series of electronic payment terminals capable of satisfying a wide range of specifications and providing customers with the ability to adapt each type of terminal to the country concerned.

Bull has 650,000 electronic payment terminals installed throughout the world. Bull is a leading European payment terminal manufacturer and is particularly well established in Southern Europe, Eastern Europe and Scandinavia. In Latin America, Bull is the leading Visa provider in the framework of the development of electronic payment by debit/credit card and of the Visa Cash electronic purse program.

About Bull Smart Cards and Terminals

Bull designs and markets a wide range of contact and contactless microprocessor smart cards, electronic payment terminals and automatic points of contact, including cash dispensers and multimedia kiosk POS terminals. In 1997, these activities generated revenue of $237 million, an increase of 32 percent over 1996.

The history of smart cards at Bull goes back to 1979 when Bull’s Michel Ugon, in collaboration with Motorola, invented the world’s first microprocessor card (CP8 technology). Today, all microprocessor cards worldwide still use Bull CP8 technology for the micro-electronic part (SPOM – Self-Programmable One chip Memory) patent. More than 420 million microprocessor cards use CP8 technology, either as patents, applications or operating systems.

Bull is the world leader in the electronic purse segment with more than 27 million cards in use in ten countries. Approximately 60 percent of the world’s smart cards used in banking today have been designed by Bull. Bull also is a leader in electronic payment terminals, with 650,000 machines installed worldwide.

More information on Bull Smart Cards & Terminals can be found on the World Wide Web at: [www.cp8.bull.net][1], on Groupe Bull Web site: www.bull.com, and in the U.S. at [www.us.bull.com][2]

[1]: http://www.cp8.bull.net
[2]: http://www.us.bull.com

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InfiBank Opens

InfiCorp Holdings, Inc. announced Tuesday the opening of a limited-purpose bank for issuing credit cards in association with clients.  InfiBank is chartered in Georgia, headquartered in Atlanta and was recently capitalized by a $17.7 million private equity offering. Funding was provided by RRE Investors, Noro-Moseley Partners, Chancellor LGT Asset Management, Task Holdings Limited, Victory Ventures LLC and several individual investors. InfoCorp says the bank will broaden and complement the array of credit card management services currently offered to existing and prospective clients.

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Gemplus Joins VISA Smart

Gemplus(R) 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 Java(tm) 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

Gemplus(R) (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.

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