Schlumberger Introduces Cyberflex Palmera Smart Card in the U.S.; New Java-based Multi-Application Smart Card Shrinks Time-to-Market for Financial Applications and Secure IT

Business Wire, April 9, 2001

Business Editors/High-Tech Writers

AUSTIN, Texas--(BUSINESS WIRE)--April 9, 2001

Schlumberger Test & Transactions, a business segment of Schlumberger Limited (NYSE:SLB), today announced the availability of its Cyberflex Palmera(TM) Java(TM)-based smart card in the U.S. Dramatically shortening time-to-market for secure financial applications and information technology (IT), the new multi-application card builds on the proven security, functionality and performance of the Schlumberger Cyberflex smart card family.

Building on experience amassed by Schlumberger since introducing the world's first Java-based smart card in 1997, the Cyberflex Palmera card is the cornerstone of a complete solution that includes a software development kit, applications, training, card and project management, consulting, technical support and integration services. It conforms to the full Java Card 2.1.1 and Visa Open Platform 2.0.1 standards, and is designed for today's needs for high level of security.

"This new card redefines expectations for time-to-market for smart services," said Francois Lasnier, field marketing director in North America for Schlumberger. "Going from service definition to prototype card could now take as little as a few months, compared to a year or more with non-Java solutions. This provides a real edge to our customers as they compete to be first to market with secure, standards-based services."

Ready for innovative, next generation applications, the Cyberflex Palmera card is designed to complement any existing card infrastructure. The card enables card infrastructures to easily migrate to new smart applications, while providing continuity for current customers and preserving their investment in existing terminals, networks and other equipment.

Designed as a modular platform, parameters such as memory size, protocol-type and cryptographic services can be activated on demand, maximizing the card's flexibility for the security and convenience for their customers. Post-issuance applications, the adding of applications while the smart cards are in the field -- such as e-purse, loyalty and network access -- can be added and deleted in the field to complement the bank's marketing strategy to support the new generation of mobile commerce applications.

The Cyberflex Palmera card can be supplied with powerful, easy-to-use test and management tools for easy integration and rapid application development. Underpinning its advanced capabilities are exceptionally high levels of security, including powerful algorithms, unparalleled security know-how from Schlumberger experts, and the availability of the most advanced physical security for smart cards in the world.

About Schlumberger

Schlumberger Test & Transactions provides consulting, integration and products for smart card-based transactions, IP (Internet Protocol) network, security and wireless services, and for testing and measurement of semiconductor devices. With 2000 revenue of $1.4 billion and over 8000 employees in more than 40 countries, it is a business segment of Schlumberger Limited (NYSE:SLB), a global technology services company with 2000 revenue of $9.6 billion. More information is available at www.slb.com.

Note to Editors: Cyberflex Palmera is a mark of Schlumberger, Java is a trademark of Sun Microsystems.