Gemalto reports first quarter 2012 revenue

Amsterdam - 1 May 2012

Gemalto (Euronext NL0000400653 - GTO), the world leader in digital security announced its revenue for the first quarter of 2012.

Olivier Piou, Chief Executive Officer, commented: “Gemalto delivers a record first quarter. Our extensive international presence enabled us to capture growth in the most dynamic regions. Our Mobile Communication offers are enjoying strong success in the market, Security continues its rapid expansion, led by broad adoption of eGovernment programs, and Secure Transactions further improves its performance, on top of the strong acceleration recorded last year. We are well positioned in promising markets and continue along our transformation and expansion strategy. With this good start, we reaffirm our outlook for 2012 and our target of €300 million profit from operations for 2013.”

• Revenue up by 9% at constant exchange rates, growing in all segments.

• Mobile Communication expands by 11%, with the deployment of new mobile services.

• Security and Secure Transactions continue to take advantage of their strong market drivers.

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