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2016-01-28

Gemalto: Symbiont taps Gemalto to offer high-assurance security for blockchain-based services

Gemalto's SafeNet HSMs secure transactions and cryptographic identities on
Symbiont platform

Amsterdam - January 28, 2015 -
Gemalto (Euronext NL0000400653 GTO), the world leader in digital security, and
Symbiont, a pioneer in the use of blockchain and distributed ledger
technology in capital markets, today announced they are working together to
enable financial services organizations to securely execute smart contracts
and other blockchain-based transactions. Under the partnership, Symbiont will
use Gemalto's SafeNet long-proven Hardware Security Modules (HSMs) to protect
blockchain identities and transactions, helping to prevent theft, forgery,
and other types of malfeasance.

Blockchain is a disruptive new technology that allows transactions to be
carried out over peer-to-peer financial networks and acts as a distributed
ledger that gives transactional authority directly to each counterparty
involved. Symbiont's platform uses blockchain to allow institutions and
investors to issue, manage and trade a range of financial instruments more
efficiently over an encrypted peer-to-peer network. These instruments, also
known as Smart Securites(TM), are self-enforcing, self-executing contracts
that offer cost and time efficiencies compared with traditionally brokered
transactions. Symbiont's integration of Gemalto's SafeNet HSMs ensures the
highest levels of regulatory compliance and trust for cryptographic
identities authorizing these transactions.

"Bringing Gemalto's market-leading HSM security modules assurance to
Symbiont's Smart Contract Blockchain solution is not only an exciting
offering, but a clear step towards securing Blockchain-based transactions,"
said Mark Yakabuski, Vice President of Business Development Strategy at
Gemalto. "We look forward to helping customers add trust to the emerging
smart
contracts space."

"No corners can be cut in securing information in the 'distributed trust'
environment enabled by blockchain technology,"
said Louis Stone, Managing Director at Symbiont. "To seize the opportunity in
capital markets, each facet has to be
best-of-breed. The combination of Gemalto's industry-leading HSMs and
Symbiont's smart securities (TM) delivers just that."

Blockchain-based smart contracts save time and increase efficiencies in the
execution of transactions, which can include anything from bond issuance to
coupon payments to restrictions on trade. Once a security is issued onto the
ledger powered by the Symbiont Smart Securities(TM) platform, it acts
autonomously, eliminating traditionally manual mid- and back-office
functions. These transactions and identities will be secured by Gemalto's
SafeNet HSMs which will protect the cryptographic keys and provide
encryption, decryption, authentication and digital signing services for the
smart contract transactions.

Gemalto's SafeNet HSMs are dedicated cryptographic processors specifically
designed for protection of the lifecycle of cryptographic keys that secures
transactions, identities and applications. SafeNet HSMs are trust anchors
that protect the cryptographic infrastructure of the most security-conscious
organizations in the world, by securely managing, processing, and storing
cryptographic keys inside a hardened, tamper-resistant device. SafeNet HSMs
provide the broadest ecosystem of integrated technology partners. They are
trusted by many of the world's largest financial institutions to protect more
than $1 trillion dollars in financial transactions every day.

About Symbiont

Symbiont is bridging the gap between the emerging blockchain ecosystem and
Wall Street. They are developing a platform that allows financial market
participants to create programmable versions of traditional securities that
take the form of Smart Securities(TM): self-executing digital contracts that
are stored in a distributed ledger called a "blockchain." The platform will
allow users to issue, manage, locate, and trade smart securities(TM)
efficiently in a single, global, peer-to-peer financial
network.www.symbiont.io

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
countries.

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
visitwww.gemalto.com,www.justaskgemalto.com,blog.gemalto.com, or
follow@gemaltoon Twitter.

Gemalto media contacts:

-----------------------------------------------------------------------------------------
| Philippe Benitez Peggy Edoire Vivian Liang |
|North America |
|+1 512 257 3869 Europe&CIS Greater China |
|philippe.benitez@gemalto.com +33 4 42 36 45 40 +86 1059373046 |
| peggy.edoire@gemalto.com vivian.liang@gemalto.com |
| 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 |
|ernesto.haikewitsch@gemalto.com kristel.teyras@gemalto.com pierre.lelievre@gemalto.com |
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Press release (PDF)
http://hugin.info/159293/R/1981619/726046.pdf

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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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