Identive

Multicard, a business unit of Identive Group, Inc.

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Thierry Gattlen, founder and chief executive officer of polyright, commented, We are excited to join Identive as we see strong alignment with Identive's market activities around identity management.

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Identive's NFC readers are based on contactless technology standards and are available in both mobile and desktop form factors.

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The acquisition was made pursuant to an agreement executed on July 18, 2011 between Identive's Multicard AG subsidiary and polyright's co-owners, Securitas AG and the Kudelski Group SIX:KUD.S.

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BRISBANE, Australia, July 19, 2011 GLOBE NEWSWIRE -- Multicard, a leading supplier of credential solutions, identity management and system integration services and a business unit of Identive Group, Inc.

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Identive Group, Inc. is an international technology company focused on building the world's signature group in secure identification-based technologies.

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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.

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David Holmes, vice president Mobility & NFC for Identive Group, stated, NFC is going to radically change how we communicate, get and use information and transact business by giving us the means to turn our smart phones into all-in-one mobile devices.

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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.

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Identive Group, Inc. is a leading provider of products, services and solutions for the security, identification and RFID industries.

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