Identive Group News

Identiv to host uTrust TS readers online workshop series for end users and system integrators

This workshop series will explore how security breaches may be avoided with the right technologies and best practices Identiv, a global security technology company that provides trust solutions for premises, information and everyday items, recently announced that it will host a uTrust TS Readers Online Workshop Series for end users and system integrators. The workshops will provide practical information on security issues and technology solutions. The online workshop series k...

Identiv displays its newly launched uTrust TS Readers product line at ISC West 2014

Identiv’s uTrust TS readers support proximity, smart cards and public key infrastructure Identiv recently unveiled its uTrust TS Readers product line. uTrust TS Readers are revolutionary new building access control readers that support all major credentials in a single reader format, while offering strong identity verification, scalable migration and interoperability based upon secure open standards. uTrust TS Readers are the first readers that let customers easily migra...

Identive welcomes Brian Nelson as its new chief financial officer and secretary

Nelson has more than 20 years of practical experience in accounting and finance Identive will move its corporate finance activities from its Europe hub in Ismaning, Germany to its corporate headquarters in California as part of its continuing efforts to simplify its business operations. Along with this move, Brian Nelson has been appointed chief financial officer and secretary of the company, effective December 20, 2013. Nelson is based in California and replaces David Wear, w...

Identive Board of Directors approves the sale of non-core businesses to simplify its organisational architecture

Identive will sell its Multicard U.S. business and assets related to its Tagtrail platform Identive announces that its Board of Directors has approved the sale of non-core businesses as part of a plan to simplify the company’s organisational architecture and enhance its focus on high-growth products and markets. Within the next few months, the company expects to execute agreements to sell its Multicard U.S. business as well as the assets related to its Tagtrail platf...

Identive announces revenue increase by 14% year over year in Q3-2013 results

Identive’s improved performance in Q3 is a positive backdrop to its transition Identive reported its financial results for the third quarter (Q3) ended September 30, 2013. Highlights of the quarter included: New management team begins simplification and focus of business 14% revenue growth year over year Achievement of $0.6 million adjusted EBITDA Gross proceeds from private placement of $7.1 million Strong demand for our cloud-based SaaS and NFC consumer product...

Identive to present its Q3-2013 results in live audio webcast and conference call

Identive will present the results on Thursday 7th November, 5pm Eastern time Identive will hold an audio webcast and conference call to discuss the results of its 2013 third quarter on Thursday, November 7, 2013, at 5:00 PM Eastern time. Jason Hart, CEO, and David Wear, CFO, will host the webcast and conference call for financial analysts and investors, which will be followed by a Q&A. The webcast and conference call will be open to all interested investors. For those un...

Identive Group announces Steven Humphreys as new Chairman of the Board and other Executive Management promotions

Identive’s ability to operate as a united, focused company is strengthened with the appointments approved by its Board Identive Group, Inc. announces Steven Humphreys as its new Chairman of the Board and the promotion of Lawrence W. Midland to President and Dr. Manfred Mueller to Chief Operating Officer of the company. All appointments are effective immediately. “Identive’s ability to operate as a united, focused company is strengthened with the appointm...

Identive Group appoints Jason Hart as Chief Executive Officer and Director

Hart previously served as executive vice president of Identive’s Identity Management and Cloud Solutions division Identive Group, Inc., a provider of solutions and services for the identification, security and RFID industries, announced that its board of directors has appointed Jason Hart as chief executive officer and director, effective immediately. Hart replaces Ayman S. Ashour, who has resigned his executive role but will remain on the board of directors as non-execu...

Identive Group to provide cashless payment services at Olympiastadion Berlin

Identive's payment cards shorten sales transactions on match days Identive Group, Inc., a provider of solutions and services for the identification, security and RFID industries, has been awarded a multi-year contract to provide cashless payment services at home matches of Berlin football club Hertha BSC in Olympiastadion Berlin, the second largest football stadium in Germany. The Berlin stadium has a seating capacity of over 74,000 and is the seventh within the German Foo...

Identive Group reports its financial results for the second quarter of 2013

For the full year of 2013, Identive management expects revenues of $98.0 million to $105.0 million Identive Group, Inc., a provider of products, services and solutions for the identification, security and RFID industries, reported its financial results for the second quarter (Q2) ended June 30, 2013. “In the second quarter 2013, we delivered growth in target markets and gained traction with key offerings, demonstrating Identive’s strategy is coming to fruition,&rd...

Identive collaborates with Singapore's Land Transport Authority to design new smart paper tickets for Southeast Asian rail network

Identive has been awarded a three year contract to supply NFC transit tickets Identive Group, Inc. has collaborated with the Land Transport Authority (LTA) in Singapore to design new smart chip-based transit tickets for the Southeast Asian country’s extensive rail network. TransitLink, as the LTA administrator, has awarded Identive a three year contract valued at $3.9 million to supply the tickets, which include near field communication (NFC) chips from Infineon Technolo...

Identive Group enters into subscription agreement for private placement of its common stock

The securities will be issued in a private placement to accredited and other qualified investors in the US Identive Group, Inc., a provider of solutions and services for the identification, security and RFID industries, has entered into subscription agreements for the private placement of up to 8,348,471 shares of its common stock and 8,348,471 warrants to purchase shares of its common stock to accredited and other qualified investors in the United States and internationally....