China Unicom, the second largest wireless carrier in China, has ordered six
million SIMtonIC GSM SIM cards from Oberthur Card Systems. The order
follows the announcement in February of an order for 7.5 million high-end
32K SIM cards for China Unicom_s CDMA and GSM networks.
The order validates Oberthur Card Systems_ strategic decision to develop a
new line of products specifically tailored to the needs of emerging and
expanding markets. The entry-level SIMtonIC line provides carriers with
advanced security capabilities, new opportunities for revenue generation
and greatly simplified service logistics.
_Our latest agreement with China Unicom is evidence of our ability to
address all segments of the Chinese market,_ said Vincent Bernard, Managing
Director of Oberthur Card Systems, China. _Already one of the leading
players at the high-end with the acclaimed SIMphonIC line, we are now
strengthening our global partnership with China Unicom by providing
innovative solutions that meet the needs of its complete subscriber base._
The cards will be manufactured and personalized in Oberthur Card Systems_
Shenzhen production site, which is ISO 9001 version 2000 certified.
About Oberthur Card Systems
With sales of 440.2 million euros in 2002, Oberthur Card Systems is one of
the world_s leading providers of card-based solutions, software and
applications including SIM and multi-application smart cards and services
ranging from consulting to personalization.
Innovative products, security expertise and high quality services ensure
Oberthur_s strong positioning in its three main target markets.
Ã¼ Payment: 54% of 2002 revenues. The company is the world leader and
number one supplier for Visa and MasterCard.
Ã¼ Mobile Communications: 29% of 2002 revenues, with open and
interoperable solutions based on Java_ technology.
Ã¼ Authentication and Network Security: emerging markets in which the
company plays a pioneering role, with strong expertise in security and a
dominant position in e-commerce and Pay-TV.
Close to its customers, Oberthur Card Systems benefits from an industrial
and commercial presence across all five continents. Listed on the Euronext
Stock Exchange (Euroclear code 12413) since July 2000, Oberthur Card
Systems is a subsidiary of the FranÃ§ois-Charles Oberthur Group.
For more information, visit www.oberthurusa.com and www.oberthurcs.com