Court Issues Decision in Humetrix v. Gemplus Case.Business Editors LUXEMBOURG--(BUSINESS WIRE)--Oct. 5, 2001 Gemplus International Acquired by the Texas Pacific Group in 2000, Luxemburg-based Gemplus International SA was a leading provider of smart cards and related technologies, until its June 2, 2006 merger with rival Axalto; the combined entity is known as Gemalto. S.A (Euronext:Sicovam 5768) and (Nasdaq:GEMP), the leading provider of solutions empowered by smart cards Example of widely used contactless smart cards are Hong Kong's Octopus card, Paris' Calypso/Navigo card and Lisbon' LisboaViva card, which predate the ISO/IEC 14443 standard. The following tables list smart cards used for public transportation and other electronic purse applications. , announced today that the United States Court of Appeals The United States courts of appeals (or circuit courts) are the intermediate appellate courts of the United States federal court system. A court of appeals decides appeals from the district courts within its federal judicial circuit, and in some instances from other for the Ninth Circuit has issued an opinion in the Humetrix v. Gemplus appeal. The opinion affirms the judgment of the Federal District Court in San Diego San Diego (săn dēā`gō), city (1990 pop. 1,110,549), seat of San Diego co., S Calif., on San Diego Bay; inc. 1850. San Diego includes the unincorporated communities of La Jolla and Spring Valley. Coronado is across the bay. against Gemplus in the amount of 15 million dollars U.S., with interest to be determined. The judgment of the District Court arose from an action filed in February of 1996, based on alleged breach of contract and tortious interference Tortious interference, in the common law of tort, occurs when a person intentionally damages the plaintiff's contractual or other business relationships. This tort is broadly divided into two categories, one specific to contractual relationships (irrespective of whether they with contract arising out of an alleged oral partnership to distribute smart cards to the United States healthcare market. The company is analyzing the court's decision and is evaluating its alternatives for further proceedings. About Gemplus GEMPLUS: the world's number one provider of solutions empowered by Smart Cards (Gartner Dataquest 2001). 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 Nasdaq stock market The first electronic stock market listing over 5000 companies. The Nasdaq stock market comprises two separate markets, namely the Nasdaq National Market, which trades large, active securities and the Nasdaq Smallcap Market that trades emerging growth companies. (R) as GEMP in the form of ADSs. Its revenue in 2000 was 1.205 billion Euros. It employs 7800 people in 37 countries throughout the world. Gemplus: Your Passport to the Digital Age www.gemplus.com |
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