EANS-News: Identive Group Inc. Identive Provides Secure ID Solutions at London
2012 Olympics
--------------------------------------------------------------------------------
Corporate news transmitted by euro adhoc. The issuer/originator is solely
responsible for the content of this announcement.
--------------------------------------------------------------------------------
Marketing
Subtitle: Innovative technology includes entry systems for IOC members and
guests at the Olympic Club and cashless payment for 100,000 visitors at
Alexandra Palace hospitality events
LONDON, England, July 26, 2012 (euro adhoc) - Identive Group, Inc. (NASDAQ:
INVE; Frankfurt: INV), a provider of products and services for the
identification, security and RFID industries, today announced that it is
providing innovative contactless entry and payment solutions at prestigious
hospitality venues during the London 2012 Olympic Games.
Identive's Polyright visitor management solution will enhance security for up to
10,000 visitors to the Olympic Club, located next to the stadium in the Olympic
Park. The solution includes the issuance of personalized gold, silver or bronze
contactless ID badges for International Olympic Committee (IOC) members, VIPs,
invited guests and staff. The badges grant secure entry to the Club and are
being deployed in conjunction with Identive's Polyright identity management
system, which includes gate control, monitoring capabilities and support
services.
In cooperation with the leading Dutch bank Rabobank, Identive is providing
multi-use cashless payment cards for more than 100,000 visitors at Heineken
House hospitality events held at the prestigious Alexandra Palace. As previously
announced, the contactless cards utilize Identive's innovative tomPAY near
field communication (NFC) tag technology, which allows them to be used both as
conventional cashless payment cards and as NFC payment stickers for mobile
phones. The cards also are compatible with the Company's Multicard Cashless
Betalen mobile payment solution, which is widely deployed in the Netherlands.
Dutch Olympic visitors who obtain an Identive cashless payment card will be able
to peel off the NFC tag, affix it to their mobile devices and download Cashless
Betalen apps to enroll on their return home. Identive expects the total number
of Cashless Betalen users to exceed 200,000 this summer.
"We are very pleased to provide some of our latest technology products and
solutions for the use of visitors to the Olympics," commented Ayman S. Ashour
CEO and chairman of Identive Group. "It is particularly exciting that the first
broad deployment of our tomPAY mobile payment products and our new Polyright
identity management systems are taking place at Olympic venues. Identive's
growth in the consumer ID market and in particular multi-application
environments has been an important part of our strategy, and we are seeing
increased demand for our secure ID solutions at large events, from summer
festivals across Europe to the London Olympics."
Additional details on the products and solutions provided by Identive will be
available on www.askidentive.com and the Company will also be providing
additional information though its social media channels during the London 2012
Olympic Games. Follow Identive on Twitter: @IdentiveGroup, @IdentivePayment and
@IdentiveNFC.
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, cashless payment, NFC solutions and a host of
RFID-enabled applications for customers in the government, enterprise, consumer,
education and healthcare 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. The
company delivers up-to-date information on its activity as well as industry
trends through its industry-leading social media initiatives and educational
resource, AskIdentive.com. For additional information, please visit
www.identive-group.com or follow on Twitter at @IdentiveGroup.
Further inquiry note:
Media:
Brooke Grigsby, bgrigsby@identive-group.com, +1 415-200-4546 ext 6008
Investors:
Darby Dye, +1 949 553-4251, ddye@identive-group.com
Lennart Streibel, +49 89 9595-5195, 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