EANS-News: Identive Group Inc. Identive announces innovative new inlay
manufacturing technology
--------------------------------------------------------------------------------
Corporate news transmitted by euro adhoc. The issuer/originator is solely
responsible for the content of this announcement.
--------------------------------------------------------------------------------
New Products
Subtitle: SmartCore enables unprecedented printability for contactless ID cards
Santa Ana, Calif. and Wallisellen, Switzerland - October 17, 2011 (euro adhoc) -
Identive Group, Inc. (NASDAQ: INVE, Frankfurt: INV), a provider of products,
services and solutions for the identification, security and RFID industries,
today announced an innovative breakthrough in RFID inlay manufacturing
technology. The Company´s patent-pending SmartCore technology produces RFID
core-inlays enabling unprecedented printability for contactless ID and access
cards, with a thinner profile than traditional inlay designs.
An inlay is a thin material substrate incorporating a microchip bonded to an
antenna, and functions as the heart of an RFID (radio frequency identification)
credential such as a smartag, label, sticker or card. Contactless RFID
technology is rapidly replacing traditional machine-readable identification
technologies in numerous applications, offering substantially enhanced security
and convenience.
Werner Vogt, Managing Director of Identive´s Multicard Switzerland and principal
inventor of SmartCore commented, "SmartCore leverages Identive`s proprietary
antenna and inlay designs as well as manufacturing techniques invented by our
team and honed over many years. The unparalleled technique of Identive´s
SmartCore inlay eliminates the bumps and irregular patterns found in most
contactless cards and enables a perfectly even surface with a uniform thickness
and appearance that consequently allows improved ability to print and customize
electronic ID cards."
"Identive is well established as an inlay manufacture for smartags, labels and
tickets and with this new technology we are now expanding our range into ID
cards and badges," explained Michael Kober, Managing Director of Transponders
for Identive. "The special design of our SmartCore inlay offers partners more
flexibility, more durability and ultimately a lower cost of implementation for
contactless cards for employee ID, facility access and other applications."
Identive will showcase its new SmartCore technology in November at the ID WORLD
International Congress in Milan, Italy and at the annual CARTES & IDentification
exhibition in Paris, France. Initial orders for SmartCore inlays already have
been booked and delivered and Identive is currently installing new SmartCore
production capabilities at its Wallisellen plant that are expected to be fully
operational in early 2012.
About Identive Group
Identive Group, Inc. (NASDAQ: INVE; Frankfurt: INV) is focused on building the
world´s signature company in Secure ID. The company´s products, software,
systems and services address the markets for identity management, physical and
logical access control, NFC and a host of RFID-enabled applications for
customers in the government, enterprise, consumer, education, healthcare and
transportation sectors. Identive´s mission is to build a lasting business of
scale and technology based on a combination of strong technology-driven organic
growth and disciplined acquisitive expansion. For additional info visit:
www.identive-group.com.
NOTE: SmartCore is a trademark of Identive Group, Inc.
Further inquiry note:
Frau Annika Oelsner
Tel.: +49 89 9595-5220
E-Mail: aoelsner@identive-group.com
end of announcement euro adhoc
--------------------------------------------------------------------------------
company: Identive Group Inc.
Carnegie Ave., Bldg. B 1900
US-CA 92705 Santa Ana
phone: +1 949 553 4280
FAX: +49 89 9595-5555
mail: investorrelations@identive-group.com
WWW: http://www.identive-group.com
sector: Computing & Information Technology
ISIN: US45170X1063
indexes: NASDAQ
stockmarkets: Nasdaq: New York, free trade: Berlin, Hamburg, Stuttgart,
Düsseldorf, München, Open Market / Entry Standard: Frankfurt
language: English