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Identive Group Inc.

EANS-News: Identive Group Inc.
Identive Group to acquire Smartag

Acquisition further strengthens core RFID technology, expands UHF 
product line and adds manufacturing capacity
  Corporate news transmitted by euro adhoc. The issuer/originator is solely
  responsible for the content of this announcement.
Mergers - Acquisitions - Takeovers
Subtitle: Acquisition further strengthens core RFID technology, 
expands UHF product line and adds manufacturing capacity
Santa Ana, Calif., Ismaning, Germany and Singapore, November 1, 2010 
(euro adhoc) - Identive Group, Inc. (NASDAQ: INVE; Frankfurt Stock 
Exchange: INV), a provider of products, services and solutions for 
the security, identification and RFID industries, today announced 
that it has entered into an agreement with the France-based Group FCI
SA to acquire FCI´s Smartag subsidiary, a Singapore-based 
manufacturer of RFID inlays and inlay applications, as well as an 
associated portfolio of RFID and related patents and other 
intellectual property. The transaction is expected to close during 
November 2010, subject to customary closing terms and conditions.
Smartag specializes in high performance design and production of high
frequency (HF) and ultra high frequency (UHF) RFID transponders and 
inlay-based solutions including labels and tags used for asset 
tracking, cards and stickers used for e-payment and ticketing 
transactions, and NFC labels used to enable secure payments with 
mobile devices. Smartag´s ability to utilize multiple antenna 
technologies and designs allows them significant versatility in 
customizing solutions for different applications.
"Smartag is a perfect fit for Identive; it complements our 
European-based transponders and components business with similar 
capabilities in Singapore, opening up new opportunities and channels 
in the Asia Pacific market while adding needed manufacturing capacity
to our group," said Ayman S. Ashour, chairman and chief executive 
officer of Identive Group. "Having two manufacturing sites in 
different key markets gives us additional flexibility and the 
increased capacity will also help fuel our growth in emerging 
technologies such as RFID-based cashless payments, where our 
solutions are experiencing rapid growth."
"We are pleased with this announcement, which will position Smartag 
in the right context for executing on its growth strategy. We believe
that Identive is a very good partner with a strong RFID expertise and
focus which will enable Smartag to develop its full potential," said 
Christophe Duverne, corporate vice president and general manager of 
FCI Microconnections. "We wish the Smartag team success with this 
next step in their development."
"We are excited to join the Identive Group, which has a strong focus 
on the RFID industry. We have known the Identive team for many years 
and are pleased to be joining them as colleagues," said Tian Siong 
Lian, co-founder of Smartag. "I take the opportunity to thank the FCI
group which was very supportive during the last three years and gave 
Smartag a global exposure."
About Identive Group Identive Group, Inc. (NASDAQ: INVE; Frankfurt 
Stock Exchange: INV) is an international technology company focused 
on building the world´s signature group in secure 
identification-based technologies. The businesses within Identive 
Group have deep industry expertise and are well-known global brands 
in their individual markets, providing leading-edge products and 
solutions in the areas of physical and logical access control, 
identity management and RFID systems to governments, commercial and 
industrial enterprises and consumers. Identive´s growth model is 
based on a combination of strong technology-driven organic growth 
from the businesses within the group and disciplined acquisitive 
development. For additional info visit: www.identive-group.com.
About FCI With operations in 30 countries, FCI is a leading 
manufacturer of connectors. Our 13,600 employees are committed to 
providing customers with high-quality, innovative products for a wide
range of consumer and industrial applications. For more information 
visit: www.fci.com.
About Smartag Smartag is a leading producer of HF and UHF RFID inlays
and smart tags. The company is specialized in the production of 
customized and form-adapted inlays used for labeling high value and 
security relevant goods. For additional information visit: 
www.smartag.sg.
end of announcement                               euro adhoc

Further inquiry note:

Herr Fabien B. Nestmann
Tel.: +49 89 9595-5544
E-Mail: investorrelations@identive-group.com

Branche: Computing & Information Technology
ISIN: US45170X1063
WKN: A1C0ZG
Index: Prime All Share, NASDAQ
Börsen: Frankfurt / regulated dealing/prime standard
Berlin / free trade
Hamburg / free trade
Stuttgart / free trade
Düsseldorf / free trade
München / free trade
New York / regulated dealing

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