Gemalto Selected to Provide Colombia's First SIM-Based Mobile Banking Service

    Mobile Banking Solution Introduced with Banking Network and GSM Operators
Will Boost Mobile Banking Transactions

    BOGOTA, COLOMBIA, November 28 /CNW/ - Gemalto (Euronext NL 0000400653
GTO), the world leader in digital security, today announces the successful
commercial launch of its mobile banking services with all Colombian GSM
operators and Colombia's largest banking network, Redeban Multicolor. This
solution from Gemalto allows the mobile subscribers to perform secure
transactions on the move and access banking services, transfer money, check
their account balance, recharge mobile pre-paid, and pay bills. These services
are accessible through an easy- to-navigate menu and available 24 hours a day.

    Gemalto's mobile Banking solution includes a secure software application
stored in the SIM (Subscriber Identity Module) card, a server and software
that interprets the messages that are exchanged between the banks and the SIM.
The solution offers security in the entire transaction process, since the
messages are encrypted in the SIM chip and decrypted at the banks' server,
which translates the messages to a specific format.

    Available at Comcel and the other Colombian GSM operators, as part of
their value added wireless services portfolio, in coordination with
Bancolombia and Banco AVVillas, through Colombia's Banking Network, Redeban
Multicolor, the mobile banking service is already exceeding stakeholders'

    "The m-banking menu is already available to more than 20 million GSM
subscribers in the country. Our initial expectation is that 20% of this
customer base will execute at least 5 transactions per month. The service is
already generating demand, balance check and pre-paid re-charge being the most
required services. A few weeks after the launch, the first results show a very
successful uptake of the service with more than half million transaction
making an average of 6 requests, per active user, per month. To us it clearly
showcases the winning combination of the solution: convenience, ease-of-use,
mobility and security", says Valentin Echeverry, Technology and Operations
Vice-President at Redeban Multicolor.

    "Gemalto's mobile banking solution should trigger a significant benefit
for the banks as it offers a new channel for customers to interact with them,
while enabling an increase in data revenues and ARPU (Average Revenue Per
User) for the operators. Moreover, users obviously gain in convenience and
mobility as the banking services can be accessed at any time from any place
with outstanding security", says Rodrigo Serna, vice-president
Telecommunication for Gemalto in Latin America.

    About Gemalto

    Gemalto (Euronext NL 0000400653 GTO) is the leader in digital security
with pro forma 2006 annual revenues of EUR 1.7 billion, more than 85 offices
in 40 countries and about 10,000 employees including 1,300 R&D engineers.

    In a world where the digital revolution is increasingly transforming our
lives, Gemalto's solutions are designed to make personal digital interactions
more convenient, secure and enjoyable.

    Gemalto provides end-to-end digital security solutions, from the
development of software applications through design and production of secure
personal devices such as smart cards, SIMs, e-passports, and tokens to the
deployment of managed services for its customers.

    More than a billion people worldwide use the company's products and
services for telecommunications, financial services, e-government, identity
management, multimedia content, digital rights management, IT security, mass
transit and many other applications.

    As the use of Gemalto's software and secure devices increases with the
number of people interacting in the digital and wireless world, the company is
poised to thrive over the coming years.

    Gemalto was formed in June 2006 by the combination of Axalto and Gemplus.

    For more information please visit

For further information:

For further information: Gemalto Emmanuelle saby + 33 1 55 01 57 27

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