Gemplus Launches
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“Sarbanes Oxley poses risk management challenges for corporations trading on American securities exchanges. Errors or misstatements by employees that could cause a company to have to re-state its financials are of vital concern. Each employee shares responsibility for compliance. In keeping with its well-earned position as a leading innovator, Gemplus has taken the initiative to ensure their employees have a good understanding of the Act and its relevance to their on-the-job activities. ” stated Larry Byrnes, president of Competence Software.
Byrnes says that all forward-looking companies should take the opportunity to improve internal financial controls through employee education.
“By taking responsibility to see that management and employees understand the Sarbanes Oxley Act, Gemplus is moving itself into a causative position and in effect saying ‘let’s move forward and use this as an incentive to improve financial literacy among our employees and enhance our business processes.” Added Byrnes
The course purpose is to make the act understandable as a vital first step to compliance.
Jenny Chua, Sarbanes Oxley Programs Officer in the Gemplus Corporate Controller Office, reinforced the importance of Sarbanes Oxley training.
“Our mission is to be the leading, innovative and trusted enabler of solutions for secured identification, transactions and communication for billions of clients worldwide. Training our staff so that they understand the importance of Sarbanes Oxley cannot help but increase our overall responsibility to ensure we create a world class governance environment that parallels and compliments our technology leadership.” said Ms. Chua.
Chua says that she looked thoroughly for a simple workable solution for thousands of employees in the basics of Sarbanes Oxley Training. She chose “Sarbanes Oxley Simplified” from Competence Software due to its easily navigable structure and engaging, informative content.
“Sarbanes Oxley Simplified aligns with our objectives, simplifies the Act, makes it fun to learn and, since it is digital, represents a very cost effective solution to getting a large number of employees on the same page as regards this vital compliance issue.” Added Ms. Chua.
About Gemplus
Gemplus International S.A. (Euronext: LU0121706294 - GEM and NASDAQ: GEMP) is a world leading player in the secure card industry in both revenue and total shipments (source: Gartner-Dataquest 2005, Frost & Sullivan, Datamonitor). It has sold over 5.5 billion smart cards.
Gemplus delivers a wide range of portable, personalized solutions in areas including Identity, Mobile Telecommunications, Public Telephony, Banking, Retail, Transport, Healthcare, WLAN, Pay-TV, e-government, and access control.
Competence Software, founded in 1992, provides elearning training products which help corporate employees understand and communicate in the areas of business finance, investing and information technology. Sarbanes Oxley Simplified is available in CD, electronic download and site licenses. http://www.sarbanesoxleysimplified.com/
Contact:
Larry Byrnes
Phone: 727-298-0341
Email: larry@sarbanesoxleysimplified.com