EANS-News: Identive Group Inc.
Identive Expands Mobility & NFC Solutions Group
22.09.2011 – 08:32
-------------------------------------------------------------------------------- Corporate news transmitted by euro adhoc. The issuer/originator is solely responsible for the content of this announcement. -------------------------------------------------------------------------------- Personnel Subtitle: Mathew Smith Named VP Product and Technology Management Santa Ana, Calif. and Ismaning, Germany, September 22, 2011 (euro adhoc) - Identive Group, Inc. (NASDAQ: INVE; Frankfurt: INV), a provider of products, services for the identification, security and RFID industries, today announced that Mathew Smith has joined the Company´s Mobility & NFC Solutions group as vice president, product and technology management. In this new role, Smith will manage Identive´s product development activities to help leverage and strengthen the Company´s early leadership position in the emergent near field communications (NFC) market. Smith brings significant experience in the areas of NFC, mobile software and payment technologies, all of which are expected to be major drivers of market growth over the next few years. "I am pleased to welcome Mathew to the Identive NFC team. His business insight and acumen coupled with his substantial background in the security industry and web-based services give him a unique ability to understand and envision NFC use cases, markets and how to make it all work," said Ayman S. Ashour, chief executive officer and chairman Identive. "Identive´s product successes to date with early NFC adopters are the result of a strategy to make it easy for customers to employ NFC to achieve desired results. Mathew will provide significant support for our ongoing efforts as we expand our offerings of full NFC solutions." Prior to joining Identive, Smith served as director of TSM operations for Gemalto NV, a digital security company, where he defined and drove the global operational and deployment strategy for the company´s Trusted Services Management (TSM) business, which manages mobile payment credentials between banks and mobile network operators. Smith previously had been chief architect and director of an NFC business services initiative that originally developed the TSM business while part of an innovation incubator group at NXP Semiconductors. This TSM business was later sold to Gemalto. Prior to this, he defined the product and sales strategy for NXP´s Java software product line for mobile handsets, where he gained significant experience working with mobile handset businesses and markets in Europe, China, Taiwan and Korea. Before joining NXP, Smith developed a product strategy and corporate business plan for Smart Fusion, a wireless software start-up in France that subsequently was sold. Smith holds an MBA in innovation and strategy from the Theseus Institute (now EDHEC) in France, an MS in Business Systems Analysis and Design from City University in London and a BS in Chemical Physics from the University of Kent in Canterbury. Mathew Smith commented, "I have been impressed at Identive´s ability to carve out a position as an early leader in NFC with projects such as smartphone application tags and smart poster campaigns. So much of what is talked about in the market today is based on expectations, rather than results. Identive is proving over and over again that it can bring real solutions to add real value. The Company´s strong technology foundation in RFID and secure identity management along with the significant breadth and depth of experience of its people, are what´s required to help make NFC a reality for consumers and businesses. I am excited to join Identive and be a part of the paradigm shift to NFC." In addition to integrated NFC solutions for a variety of applications, Identive offers an array of standards-based NFC infrastructure products including smart tags, labels, readers, modules, software and development kits via its online marketplace at www.IdentiveNFC.com. 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. 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