Gemalto and STMicroelectronics Partner to Jointly Develop Expanded Range of Secure Solutions for NFC Applications
Mar. 21, 2011 (Business Wire) — STMicroelectronics (NYSE: STM), a world leader in secure microcontroller ICs, and Gemalto (Euronext NL0000400653 GTO), the world leader in digital security, today announced a new partnership to develop a range of solutions to initiate and distribute digital security services for NFC (Near Field Communications) applications. Building on the two companies’ extensive security expertise and portfolio of NFC technologies, the partnership aims to deliver solutions that will meet the strong global demand for NFC-based services.
The partners are addressing the industry’s need for a secure element, such as the widely adopted SIM-based NFC solution, for trusted NFC applications. They plan to further develop a number of additional packaged offers that include the highly secure ST33 EAL5+ chipset from ST, specially designed for mobile applications, and Gemalto’s secure operating system, mobile handset software, Trusted Service Management and secure personalization services. The combined turn-key solution will accelerate the adoption and implementation of NFC services, including consumer applications such as contactless payment, transportation ticketing, personal data protection and device integrity.
The development of a state-of-the-art embedded secure element incorporates the industry’s leading public key cryptography, matching the latest GP 2.2, JavaCard 3.0.1 specifications as well as Common Criteria EAL4+ and EMVCo certifications. Available both as a System-in-Package (SIP) version combined with ST’s ST21NFCA NFC controller, or as a stand-alone secure element in DFN or micro-SD packages, it will offer a full range of free memory sizes, up to 768 Kbytes, for applications that can be managed throughout the product lifecycle through innovative memory management.
“ST is delighted to partner with Gemalto on new and innovative products that will fully benefit from ST’s broad NFC portfolio, which ranges from an NFC router to advanced SIM and Secure Element ICs,” commented Marie-France Florentin, General Manager, Secure Microcontrollers Division, STMicroelectronics. “By combining some of the most advanced NFC related technologies from both companies, ST and Gemalto will bring leading and highly secure solutions to the market to further accelerate the deployment of NFC services across the world.”
“Gemalto is committed to bringing best-in-class digital security technology and expertise to advance NFC adoption globally,” added Frédéric Vasnier, Senior Vice President Telecommunications, Gemalto. “To better serve our customers operating in different markets, offering a broad portfolio of solutions reinforces our range of platforms to install, manage and execute mobile applications, and provides the foundation for large scale usage of NFC services. The new partnership ensures that Gemalto and STMicroelectronics will stay at the forefront in providing our customers with the most advanced NFC solutions that best fit their go-to-market.”
About Gemalto
Gemalto (Euronext NL 0000400653 GTO) is the world leader in digital security with revenues of €1.9 billion in 2010, and over 10 thousand employees operating out of 87 offices and 13 Research & Development centers in 45 countries.
Gemalto is at the heart of our evolving digital society. The freedom to communicate, travel, shop, bank, entertain, and work—anytime, anywhere—has become an integral part of what people want and expect, in ways that are convenient, enjoyable and secure.
Gemalto delivers on the growing demands of billions of people worldwide for mobile connectivity, identity and data protection, credit card safety, health and transportation services, eGovernment services and national security. We do this by providing solutions that leverage Gemalto’s secure software and services for governments, wireless operators, banks and enterprises to help them achieve their goals, enabled by a wide range of secure personal devices. Gemalto is the world leader for electronic passports and identify cards, smart banking cards, two-factor authentication smart tokens for online protection, Subscriber Identification Modules (SIM) and Universal Integrated Circuit Cards (UICC) in mobile phones. Moreover Gemalto delivers on emerging applications related to the ‘Internet of things’ by supplying wireless modules and Machine Identification Modules (MIM) for Machine-to-Machine communication.
As the use of Gemalto’s software and secure devices increases with the number of people interacting in the digital and wireless world, the Company is poised to thrive over the coming years.
For more information visit www.gemalto.com, blog.gemalto.com, or follow @gemalto on Twitter.
About STMicroelectronics
STMicroelectronics is a global leader serving customers across the spectrum of electronics applications with innovative semiconductor solutions. ST aims to be the undisputed leader in multimedia convergence and power applications leveraging its vast array of technologies, design expertise and combination of intellectual property portfolio, strategic partnerships and manufacturing strength. In 2010, the Company’s net revenues were $10.35 billion. Further information on ST can be found at www.st.com.
Gemalto:
Peggy Edoire, +33 4 42 36 45 40
Europe, Middle
East & Africa
peggy.edoire@gemalto.com
or
Jessi
Marshall, +1-512-257-3902
North America
jessi.marshall@gemalto.com
or
Yvonne
Lim, +65 6317 3730
Asia Pacific
yvonne.lim@gemalto.com
or
Ramzi
Abdine, +55 11 5105 7659
Latin America
ramzi.abdine@gemalto.com
or
STMicroelectronics
Michael
Markowitz, +1-781-591-0354
Director of Technical Media Relations
michael.markowitz@st.com
(Press release provided by QuoteMedia)
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The Euro is well bid and looks like it wants to test some key resistance from November 2010. Meanwhile, other currencies have found comfort in the Euro strength and are also responding to this price action…
Currencies are broadly higher and the Euro has been leading the way over the past few sessions, with the latest comments from European Central Bank President Trichet attributed to a good deal of the gains. The European central bank President has basically reaffirmed his intent to push rates higher and this has been used as a prop for the Euro and currencies in general. Meanwhile, on the geopolitical front, while market fears have abated somewhat in Japan as the situation stabilizes, attention has shifted back to North Africa and the Middle East, where the sacking of the cabinet in Yemen is making headlines, and the situation in Tripoli is still very much uncertain.
With the exception of the lower yielding Franc and Yen, all currencies are well supported on the day thus far. It seems that with the Franc and Yen so well bid of late, these currencies are taking a bit of a breather to allow for some of the others to play catch up. The commodity bloc has certainly done a good job of that, with the Australian Dollar racing back above parity and the Canadian Dollar contemplating a drop back below 0.9800. Sterling is however relatively underperforming, with a Markit survey warning of deterioration in UK household finances over the next 2 years, and a softer Rightmove house price showing weighing on the single currency. Bank of England Dale has managed to inspire some offsetting bids after saying that the recovery is still on track.
For the time being, the main focus will remain on the Euro and whether or not it can retest the next critical resistance which comes in by 1.4280. For now, it looks as though this is a real possibility and could continue to prop other currencies across the board. A message from the ECB that they are still able to think about raising rates despite any economic and geopolitical uncertainty is viewed as net currency positive from global macro investors and ultimately weigh on the Greenback going forward.
Looking ahead, the economic calendar for the remainder of the day is exceptionally quiet, with the only key release coming later in the day in the form of US existing home sales. US equity futures and gold prices are well bid on the day, while oil prices are the clear stand out and outperform the others as the market trades well back above $100.
ECONOMIC CALENDAR
TECHNICAL OUTLOOK
EUR/USD: The market remains very well bid with the latest surge back above 1.4000 opening the next upside extension towards key resistance from November 2010 at 1.4280. Look for a test of this level over the coming sessions, while ultimately, only a break back below 1.3980 would take the immediate pressure off of the topside.
USD/JPY: The latest violent drop-ff to fresh record lows by 76.35 has been intense, with the market threatening a fresh longer-term downside extension below 80.00. However, given the nature of the move, we would not at this point categorize the downside break as anything significant that alters the medium-term outlook. For now, the sidelines are the best place to be and we will look to see where the market closes this week to gain a clearer perspective. A weekly close below 79.75 might open a retest of the 76.35 spike lows, but any additional declines below 76.00 are seen limited. A weekly close back above 81.20 on the other hand, would take the immediate pressure off of the downside.
GBP/USD: The 1.6300 handle continues to be a difficult obstacle for bulls, with the market unable to hold above the figure for any meaningful period of time. As such, we would warn that any rallies towards the figure over the coming sessions should be met with reservation, as the market could once again stall out by or ahead of the figure. In the interim, key short-term support comes in by 1.6060 and a break back below would be required to take the pressure off of the topside.
USD/CHF: The latest break to fresh record lows below 0.9000 (0.8910) is certainly concerning and threatens our longer-term recovery outlook. Still, we do not see setbacks extending much further and continue to favor the formation of some form of a material base over the coming weeks for an eventual break back above parity. Look for an initial break and close back above 0.9100 to relieve immediate downside pressure, while back above 0.9370 will officially confirm reversal prospects and accelerate gains. Only a break and weekly close below the recent record spike lows at 0.8910 ultimately delays outlook.
Written by Joel Kruger, Technical Currency Strategist
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This article (Euro Remains Well Bid on Hawkish ECB President Trichet Comments) was originally developed by and is property of American Banking News. Checkout American Banking News for up-to-date banking news and peer to peer lending news.
Griot’s Fire Productions Debuts American Theater Classic With African American Twist
Mar. 21, 2011 (Marketwire) —
ATLANTA, GA — (Marketwire) — 03/21/11 — Eugene O’Neill’s classic, autobiographical play, “A Long Day’s Journey Into Night” debuts for the first-time ever with an all African-American cast, beginning March 24th at the Atlanta 14th Street Playhouse. Charles Reed and Griot’s Fire Productions will showcase one of the most significant works of the American Theater. A glimpse into O’Neill’s life with a drug-addicted mother and alcoholic father, the work highlights “the space of one day, from morning until midnight, the family background which created the elusive yet magnificent talent of the author.”
Charles Reed is dedicated to the Arts community much like his brother, Atlanta Mayor Kasim Reed who launched the Midtown Festival of the Arts last Fall to celebrate Midtown Atlanta’s diverse arts and entertainment offerings. Reed is the former Producing Artistic Director of The Renaissance Project Ensemble Theatre in Atlanta; having served from 1999 to 2005. His regional directing credits include; “Ain’t Supposed to Die a Natural Death,” “Dreamgirls,” “As Bees In Honey Drown,” “Oedipus Rex,” “The Amen Corner,” “Pillow Man,” “The Wiz,” “The Dreamer Examines His Pillow” and “Macbeth.” The local playwright, director and actor Charles Reed and Griot’s Fire Productions are devoted to producing exciting, innovative and diverse works for film, television and theater. It seeks to bring stories to life by creating emotional connections with audiences and presenting classic and contemporary theatrical works. Mark Walker of Griot’s Fire Productions, states the group wants to share classic theater with the Atlanta Arts’ community, theater lovers, and diverse communities by telling the stories “in our voice” as they can be appreciated by all.
The show will run March 24 – 27 and April 1 – 3 at the 14th Street Playhouse, Stage 2. The opening night performance on Thursday, March 24th will feature a special reception hosted by Atlanta Mayor Kasim Reed.
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MEDIA CONTACT:
Lisa Chester
Ph. 404-934-2780
E-mail: Email Contact
Twitter: GriotsFire
(Press release provided by QuoteMedia)
This article (Griot’s Fire Productions Debuts American Theater Classic With African American Twist) was originally developed by and is property of American Banking News. Checkout American Banking News for up-to-date banking news and peer to peer lending news.