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Gemalto: Coop Bank Denmark first to deploy Gemalto's unique bio-sourced contactless EMV cards

Amsterdam, Mar. 31, 2015
- Gemalto (Euronext NL0000400653 GTO), the
world leader in digital security, announces that Coop Bank Denmark, part of
the Coop retail group that is owned by its 1.4 million members, is deploying
Gemalto's uniquebio-sourcedOptelio Contactless EMV cards
. This represents the first commercial rollout of its kind, further
strengthening Coop Bank's commitment to environmental sustainability. The
cards are manufactured from a unique, corn-based PLA1material that is 100%
biodegradable and carbon neutral, while retaining the potential for creative,
high quality artwork solutions.

The innovative combination of bio-sourced technology and contactless EMV has
been approved by the major international payment associations. In the summer
of 2015 the card will also incorporate the national payment scheme, Dankort.
Under the multi-year agreement, Gemalto is providing the bank with
comprehensive artwork, production and fulfilment services.

The infrastructure for contactless payments is being massively rolled out in
Denmark, with deployment of contactless-enabled POS terminals set to boom in
2015. The speed and convenience of contactless payments will ensure strong
customer adoption and the deployment of contactless products will open up
previously untapped markets for low value cash transactions, thus creating
new revenue streams for the bank.

"Having already deployed the first ever bio-sourced EMV cards from Gemalto's
Optelio range, it is a natural step for Coop Bank to also launch the first
dual interface version of the product. We hope this will set a new global
environmental standard for the banking industry
," said Charlotte Skovgaard, Managing Director for Coop Bank Denmark. "Gemalto
was an equally natural choice as supplier, with proven delivery
capabilities and strong local presence in Denmark

"Our bio-sourced solution fits perfectly with Coop Bank's vision for a
rooted in social and environmental sustainability
," added Philippe Cambriel, President for Europe, Mediterranean and CIS at
Gemalto. "The environmental awareness in Denmark is high and people are
environmentally friendly products in every part of their life, including
banking. This new deployment will also help to familiarize Coop Bank's
customers with completing transactions with nothing more than a tap, paving
the way for even more exciting developments such as mobile payments

1Made from poly lactic acid (PLA), a plastic substitute, Gemalto's bio-sourced
card is non-petroleum based, biodegradable and compostable, and is also
non-toxic if incinerated.

About Gemalto

Gemalto (Euronext NL0000400653 GTO) is the world leader in digital security,
with 2014 annual revenues of €2.5 billion and blue-chip customers in over 180

Gemalto helps people trust one another in an increasingly connected digital
world. Billions of people want better lifestyles, smarter living
environments, and the freedom to communicate, shop, travel, bank, entertain
and work - anytime, everywhere - in ways that are enjoyable and safe. In this
fast moving mobile and digital environment, we enable companies and
administrations to offer a wide range of trusted and convenient services by
securing financial transactions, mobile services, public and private clouds,
eHealthcare systems, access to eGovernment services, the Internet and
internet-of-things and transport ticketing systems.

Gemalto's unique technology portfolio - from advanced cryptographic software
embedded in a variety of familiar objects, to highly robust and scalable
back-office platforms for authentication, encryption and digital credential
management - is delivered by our world-class service teams. Our 14,000
employees operate out of 99 offices, 34 personalization and data centers, and
24 research and software development centers located in 46 countries.

For more information,,, or
follow@gemaltoon Twitter.

Gemalto media contacts:

| Nicole Williams Vanessa Viala Vivian Liang |
|North America |
|+1 512 758 8921 Europe&CIS Greater China |
| +49 89 210 299 129 +86 1059373046 |
| |
| Ernesto Haikewitsch Kristel Teyras Pierre Lelievre |
|Latin America Middle East&Africa Asia Pacific |
|+55 11 5105 9220 +33 1 55 01 57 89 +65 6317 3802 |
| |
Press release (PDF)


This announcement is distributed by NASDAQ OMX Corporate Solutions on behalf of NASDAQ OMX Corporate Solutions clients.
The issuer of this announcement warrants that they are solely responsible for the content, accuracy and originality of the information contained therein.
Source: Gemalto via Globenewswire


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