EANS-News: Identive Group Inc. IDENTIVE GROUP ANNOUNCES PROMOTION OF MANFRED
MUELLER TO COO, IDENTIFICATION PRODUCTS
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Personnel
SANTA ANA, Calif. and ISMANING, Germany, February 20, 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 effective April 1, 2012, Dr. Manfred Mueller will assume
the position of Executive Vice-President and COO, Identification Products, with
operational responsibility for Identive´s global product business, which
comprises approximately 45% of the Company´s revenue. Identive´s Identification
Products are used in the government, enterprise, and consumer markets for a
number of identity-based and related applications, including cyber and physical
access, eHealth, eGovernment, citizen ID, mobile payments, loyalty schemes,
transportation and event ticketing.
Mueller currently serves as Executive Vice-President and Managing Director of
Identive´s ID Infrastructure division (formerly SCM Microsystems), which
develops and sells contact, contactless and mobile smart card readers and
terminals and development products. In his new role, Mueller will have
responsibility both for ID Infrastructure and the Company´s Transponder product
lines consisting of radio frequency identification (RFID) inlays and smart tags,
as well as NFC tags, labels and cards.
"Manfred`s leadership of our ID Infrastructure division over the past two years
has resulted in the successful turnaround of this business, with innovative new
product releases, strong sales growth in Asia/Pacific and Europe, improved
margins and the division´s move towards profitability," said Ayman S. Ashour,
chairman and CEO of Identive. "Bringing our fast-growing Transponder business
together with ID Infrastructure under Manfred´s leadership will allow us to
leverage the global structure of our reader operations and to align our RFID and
reader offerings to address common market opportunities, in particular NFC and
converged physical and logical access."
As COO for Identification Products, Mueller will work to drive the sales growth
of the Company´s NFC tags and readers, which enable the market´s increasing
array of NFC-enabled phones to perform transactions, download information or
launch applications. He will also oversee the Company´s recently announced
initiatives to build on its strong base of network access and Software as a
Service (SaaS) technologies to address the rapidly growing market for converged
access products.
"RFID and reader technologies are at the very heart of electronic ID
applications and Identive´s market-leading products provide our partners and
OEMs with important building blocks for the identity ecosystem. I am excited to
take on this next challenge in my career and look forward to further expanding
Identive´s role in the identity markets," said Mueller.
Over the past eleven years, Dr. Manfred Mueller has served in a variety of
management roles at Identive, with a primary focus on sales, marketing and
operations for the Company´s ID Infrastructure division. He holds a Master's
degree and a PhD in Chemistry from Regensburg University in Germany and an MBA
from the Heriot Watt University in Edinburgh, Scotland.
About Identive
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.
Further inquiry note:
Mr. Lennart Streibel
Tel.: +49 89 9595-5195
E-Mail: lstreibel@identive-group.com
end of announcement euro adhoc
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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