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GlobalPlatform’s Membership Grows With Hengbao Corporation Ltd.

09 January 2013 – GlobalPlatform, the organization which standardizes the management of applications on secure chip technology, has announced its newest Observer Member, Hengbao Corporation Ltd.

As an Observer Member, Hengbao – a provider of smart card products and technology solutions which operates across the banking, telecommunication, identity and internet of things markets – will direct its attention towards GlobalPlatform’s Task Force initiatives. These groups define specific market requirements and assess how GlobalPlatform’s Specifications can be advanced in line with future needs.

Daoru Lu, Deputy R&D Manager, comments: “GlobalPlatform technology has been widely adopted by the smart card industry and thanks to the association’s efforts, billions of smart cards that abide by GlobalPlatform standards have been deployed across different markets. Being aligned with GobalPlatform has become increasingly important, so it is essential for us to pay close attention to the evolution of its technology. We have already developed a number of smart card products based on GlobalPlatform and we look forward to accessing member-only information which will assist in our future product development.”

“We are happy to welcome Hengbao to the GlobalPlatform membership and it is pleasing to see continued engagement from smart card markets and players across China as we look forward to 2013,” says Kevin Gillick, Executive Director of GlobalPlatform.

-ENDS-

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Notes to editors:

About GlobalPlatform
GlobalPlatform is a cross industry, not-for-profit association which identifies, develops and publishes specifications which facilitate the secure and interoperable deployment and management of multiple embedded applications on secure chip technology.  Its proven technical specifications are regarded as the international industry standard for building a trusted end-to-end solution which serves multiple actors and supports several business models.

The freely available specifications provide the foundation for market convergence and innovative new cross-sector partnerships.  The technology has been adopted globally across finance, mobile/telecom, government, healthcare, retail and transit sectors.   GlobalPlatform also supports an open compliance program ecosystem to ensure the long-term interoperability of secure chip technology.

As a member-driven association with cross-market representation from all world continents, GlobalPlatform membership is open to any organization operating within this landscape.  Its 85+ members contribute to technical committees and market-led task forces.  www.globalplatform.org

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