EANS-News: Identive Group Inc. IDENTIVE LAUNCHES NEW CONVERGED ACCESS ID GROUP
--------------------------------------------------------------------------------
Corporate news transmitted by euro adhoc. The issuer/originator is solely
responsible for the content of this announcement.
--------------------------------------------------------------------------------
Marketing
Subtitle: John Menzel appointed VP of Access Control ID Solutions
SANTA ANA, Calif. and ISMANING, Germany, January 26, 2012 (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 that it has formed a new product group focused on addressing the
growing need for standards-based, integrated access control from the door to the
network. The new Converged Access group aims to build on innovative technology
specially developed for the Identity as a Service / SaaS offering of idOnDemand
as well as the traditional strength of Identive in network access smart card
reader technology. The new group will be headed by access control industry
veteran John Menzel, as vice president Access Control ID Solutions.
"The uniqueness of our SaaS offerings from idOnDemand lies, in addition to our
exceptional software and infrastructure backbone, in a new range of converged
readers and credentials; we needed to develop readers and credentials that work
across a large number of different technologies to be able to offer a truly
pioneering SaaS solution covering both physical and cyber access. It is these
unique, patent pending, product technologies that we now launch to the wider
industry as part of our ID Infrastructure offerings," said Ayman S. Ashour, CEO
of Identive. "John Menzel is a true visionary in the ID industry and was amongst
the first to pursue a standards-based approach in the physical access world. I
am thrilled that John is joining us as we apply our traditional strength in
network access products to the larger market for physical access control and the
rapidly growing market of converged access products."
John Menzel has over fifteen years of senior management experience in a range of
successful enterprises. In 2003 he co-founded XceedID, an innovative,
high-growth secure RFID reader and credential company, where he served as CEO
and President until its acquisition by Ingersoll Rand in 2008. Following the
sale, he continued with Ingersoll-Rand Security Technologies in General Manager
and Director of Marketing Strategy roles. Prior to XceedID Menzel held senior
executive positions with major security industry companies, including Director
of Business Development & Technology Integration for embedded proximity
technology and Product Marketing Manager for iCLASS® smart card products at HID
Corporation, a division of Assa Abloy. Most recently he was Vice President of
Marketing for CNL Software, a leading provider of physical security information
management software. Menzel earned a B.S. from the College of Architecture,
School of Building Construction, at the University of Florida.
"After decades of proprietary systems dominating the physical access market,
there is a permanent trend towards standards-based solutions, which is helping
to fuel the convergence of cyber and physical access credentials within
organizations," explained Menzel. "This has created a very natural opportunity
for Identive to provide converged solutions that draw from a robust and growing
IP portfolio and years of experience with delivering tens of millions of smart
card readers, in order to leverage the new wave of highly secure identity
credentials. I am excited to join Identive, be reunited again with several
colleagues from earlier years and to be able to deliver next generation
converged access solutions."
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: iClass is a registered trademark of HID Global.
Further inquiry note:
Mr. Lennart Streibel
Tel.: +49 89 9595-5195
E-Mail: lstreibel@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: free trade: Berlin, München, Hamburg, Düsseldorf, Stuttgart,
Nasdaq: New York, Open Market / Entry Standard: Frankfurt
language: English
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, ...
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, ...