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  • Prism`s secure 64K SIM one of the highlights at 3GSM expo

Prism`s secure 64K SIM one of the highlights at 3GSM expo

Johannesburg, 18 Mar 2002

A secure 64K SIM which is playing an integral role in driving the rapid roll-out of secure m-commerce applications in South East Asia, was one of the highlights of products exhibited at the 3GSM World Exhibition in Cannes, France last month.

The PrismaSIMetrix SIM is the only SIM to offer a set of advanced cryptographic and multi-application management plug-ins. This ensures transaction security to the most stringent banking standards - an issue of enormous importance to any GSM network operator planning to offer secure m-commerce services.

Smart Communications, the largest GSM network operator in the Philippines and acknowledged world leader in the mobile commerce arena, has already placed multimillion SIM orders for Prism aSIMetrix SIMs, both from Prism, and from SchlumbergerSema.

Smart Communications is using the SIM to take its award-winning SmartMoney "electronic wallet" product forward.

The aSIMetrix SIM was developed by South African company Prism Holdings, a world leader in the secure electronic transaction market. Today, most of the world`s leading SIM manufacturers including SchlumbergerSema and ID Data are licensed to produce the Prism aSIMetrix SIMs as well.

Prism`s Jyri Hamalainen says aSIMetrix was designed for advanced transactive applications such as payment and secure banking.

"Adding features including digital signature, RSA public/private key support 3DES, DUKPT PIN handling, and secure multi-application management puts this SIM in a class of its own.

"These crypto plug-ins ensure airtight transaction security alongside the standard GSM and WIB (Wireless Internet Browser) functionality found on other advanced 32K and 64K SIM cards," he explains.

Prism aSIMetrix SIM is an integral component of Prism AirBridge, Prism`s 2G/2.5G m-commerce architecture that provides operators with an end-to-end platform for the secure delivery of applications.

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Prism Holdings

JSE-listed Prism Holdings is a world leader in the secure electronic transaction market. With a growing presence in Europe and South-East Asia, Prism is one of the few companies in the world offering services solutions and products that bridge the following core technologies:

* Security - sophisticated cryptographic security solutions, many developed using own intellectual property resources;

* Payment solutions in the physical and virtual (Internet and wireless) realms; and

* Smart card technologies spanning both wireless communications and electronic payments.

Editorial contacts

Hilary King
Citigate Ballard King
(011) 804 4900
Jyri Hamalainen
Prism Holdings Limited
(011) 548 1000