EANS-News: Identive Group Inc.
MULTICARD LAUNCHES ONLINE CASH ACCOUNT
MANAGEMENT FOR POPULAR SWISS EDUCATION ID CARD
29.11.2011 – 08:02
-------------------------------------------------------------------------------- Corporate news transmitted by euro adhoc. The issuer/originator is solely responsible for the content of this announcement. -------------------------------------------------------------------------------- Marketing WALLISELLEN and SION, Switzerland - November 29, 2011 (euro adhoc) - Multicard, a leading supplier of credential solutions, identity management and system integration services and a business unit of Identive Group, Inc. (NASDAQ: INVE, Frankfurt: INV), today announced the launch of polypurse, an Internet-based platform for managing the cashless payment functions of its popular Swiss ID card for campus environments. polypurse adds new features and convenience, including online account management and reporting, for the tens of thousands of student and employee cardholders at universities and hospitals across Switzerland. With polypurse, cardholders can now perform a range of cashcard management operations online, including checking account balances, verifying transactions and re-loading the card with cash value via a bank account or credit card. In addition, polypurse enables cardholders to securely access value-added local services such as Mobility CarSharing® for short-term city car rental and velopass for bike rental. "Our Polyright ID card has been extremely successful on university campuses in Switzerland, serving as an all-in-one ID credential for payment, building access, library check-out, locker or bike rental and a number of other applications," said Thierry Gattlen, Managing Director of Multicard polyright SA. "The ability to manage the cash functions of the card online via polypurse offers significant convenience for holders. In addition polypurse helps prepare the card for an extended life beyond university, as people can continue to use the cashless payment functions of the card after graduating." Multicard´s integrated ID solutions for education enable secure identity management, cashless payment on campus POS, vending machines and copiers and seamless integration to additional applications, including dorm access, IT network access, time and attendance and transportation services. About Multicard: Multicard, a business unit of Identive Group, Inc., is a worldwide supplier of card solutions for secure identification programs, with in-house capabilities for credential issuance, personalization and fulfillment services for the consumer, government, education, healthcare and corporate markets. Multicard offers ID systems management and engineering services as well as full implementation and program management. Multicard also is a provider of enrollment, emergency management and accreditation solutions using data capture equipment for ePassport and other government ID and corporate ID applications. For additional information, visit www.multicard.com. Identive Group, Inc. (NASDAQ: INVE; Frankfurt: INV) is a leading provider of products, services and solutions for the security, identification and RFID industries. For more information, please visit www.identive-group.com. Note: polypurse is a trademark of Multicard polyright SA and Mobility CarSharing is a registered trademark of Mobility Genossenschaft. All other trade names are trademarks or registered trademarks of their respective holders. Further inquiry note: Ms. 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