The new year is several weeks old, so it is safe to say that many of our New Year resolutions have fallen by the wayside. Despite the limited success of our personal resolutions, the new year is a great time to take stock, look ahead, and plan to make 2020 the best year yet. Thinking about our industry as a whole, we asked this week’s Expert Panel Roundtable: What should be the security industry’s “New Year’s resolution?”
Identiv, Inc. announces that it will present its recently expanded Internet of Things (IoT) product portfolio at ISC West 2019, encompassing a wide range of physical and logical access control, video and data analytics, door readers, identity cards, visitor management, mobile security, telephone entry, and radio-frequency identification (RFID) and near-field communication (NFC) solutions for physical and IT-secured businesses. Identiv will be showcasing demos of its complete portfolio of high-performance IoT solutions for government, banking, healthcare, critical infrastructure, retail, and other industries at ISC West 2019, booth L13. Newly acquired and developed solutions The company will have some of its newly acquired and developed solutions on display, including: Enterphone integrates with Freedom and Liberty and will be introduced to the U.S. market for the first time at ISC West Web/Cloud and IoT-Based Architecture - Newly acquired Freedom and Liberty Access Control product lines provide cloud-based, frictionless, cyber-secure access control. Freedom’s software-defined platform and new mobile app enable IoT-driven access control for enterprises and governments. Liberty provides an entry-level, web-based scalable solution for small-to-medium businesses (SMBs). Video and Data Analytics - 3VR by Identiv’s video intelligence solutions provide a single platform for real-time security, analytics, and consumer insights, allowing organisations to protect their employees, customers, and assets, as well as enhance store operations and shopping experiences. 3VR is now fully integrated with Hirsch Velocity. Mobile Security - Thursby by Identiv software solutions provide strong government-grade security for government agency, enterprise, and personal mobility, supporting bring-your-own-device (BYOD) and two-factor authentication (2FA) on mobile devices. Access Control - Identiv’s new Hirsch Mx-1-ME (Metal Enclosure) Controller manages a single fully supervised door for controlled entry and exit at the edge and is protected by a metal enclosure with battery backup and power supply. Phone Entry - Over two million tenants in 35,000 installations within residential and mixed-use properties depend on the Enterphone by Identiv telephone entry system for secure visitor access. Enterphone integrates with Freedom and Liberty and will be introduced to the U.S. market for the first time at ISC West. Secure IoT Tags - Identiv’s high-frequency (HF) and ultra high-frequency (UHF) transponders bring smart identities and security to the IoT, digitising and enabling high-growth applications, like medical devices, athletic apparel, and pharmaceuticals. Identiv’s new Tamper Detection NTAG 424 DNA Tag strengthens IoT security for anti-counterfeiting, document authentication, supply chain traceability, data access, and customer engagement. Physical security industry This year, join Mark Allen, General Manager, Physical Access Systems at Identiv, Mark Duato, Executive Vice President of Aftermarket Solutions at ASSA ABLOY Door Security Solutions (DSS), and Joe White, President at A-1 Lock, as they present “In Between the Lock and Controller: Why Wireless Locks Are Changing the Game in Access Control” during ISC West on 11th April, 2019, 11:00 AM – 12 PM (IST). The International Security Conference and Exposition — also known as ISC West — is the largest event in the U.S. for the physical security industry, covering access control, alarms and monitoring, biometrics, IP security, video surveillance/CCTV, networked security products, and more.
Identiv, Inc, a global provider of physical security and secure identification, has entered into a definitive agreement to acquire 3VR Security, Inc., a video technology and data analytics company. It is anticipated that this combination will provide Identiv with a full range of technologies to deliver its vision for secure, pervasive yet frictionless premises security, situational awareness and business insights. 3VR’s video intelligence solutions provide a single platform for real-time security and customer insights, enabling organisations to protect employees, customers and assets as well as improve store operations and shopping experiences. 3VR’s open, pluggable platform leverages existing customer infrastructure and allows customers to expand their systems’ capabilities seamlessly. 3VR serves customers in the financial services, retail, hospitality and other industries. Video intelligent solutions “We are advancing our global strength in the premises security industry, particularly in the attractive and fast-growing video segment,” said Jim Ousley, Chairman of Identiv’s Board of Directors. “This accretive acquisition is part of our communicated plan to grow both organically and inorganically. Overall, we believe 3VR takes us closer to achieving our long-term model and becoming an at-scale growth company.” Steven Humphreys, CEO of Identiv, stated: “Customers are looking for integrated solutions for access, video and analytics. The acquisition allows us to address this demand by including video security as part of our overall premises security and technology platform. Since access control and video management go hand-in-hand, we believe 3VR is a great fit from a technology, strategic, and financial perspective. The combined companies’ breadth of solutions across our Hirsch Access Control, 3VR video surveillance, real-time analytics, our access readers, RFID and identity cards would represent a complete solution for customers to adopt an entire physical security platform that’s extensible into real-time people and item tracking, consumer experience enhancement and business optimisation.” Security and business intelligence solutions Al Shipp, CEO of 3VR, commented: “The 3VR team is excited to be joining the Identiv team who shares our passion for innovation enabling a new level of security and business intelligence solutions. This combination offers greater scale that will accelerate that innovation, creating more value for customers which has been a core tenet of 3VR’s since our founding.” Mark Allen, General Manager, Physical Access of Identiv, said: “Our DNA has always been to build trusted relationships with our customers and partners. Our companies’ vertical expertise and anchor customer strengths reflect our shared strategy as a trusted advisor to our customers. Since the video industry has arrived at the point where everything is digital — from the camera to the screen — the focus now is on usability. The combination of Identiv and 3VR not only makes sense but when we integrate 3VR’s video technology into our Hirsch PACS platform, we anticipate creating a seamless user experience. Today, Identiv is substantially deepening the scope of the solutions and bringing these benefits to the physical world of people, places and things.” Investments towards premises segment revenue Identiv expects 3VR to add between $10 million and $11 million to the company’s premises segment revenue in fiscal year 2018. Identiv also expects 3VR to contribute a mid-term target non-GAAP adjusted EBITDA margin of approximately 10% post synergies. Identiv’s acquisition of 3VR is subject to customary closing conditions and is expected to close no later than February 20, 2018. The total consideration at close is expected to be $6.9 million, comprised of $1.6 million in cash; $2.0 million in subordinated promissory notes; and $3.3 million in shares of Identiv common stock. Additionally, in the event 3VR achieves certain significant shipment targets in 2018, Identiv would be obligated to issue additional earnout consideration in shares of Identiv common stock, and in the event that 3VR generates certain additional gross margin concerning a supply arrangement, Identiv would pay a portion of the additional margin as consideration, as further described in the definitive agreement.
Identiv, Inc. announced the launch of Identiv Connected Physical Access Manager (ICPAM) 3.1, the latest update to Identiv’s management application for physical access that is tightly integrated into Cisco technology, including Cisco Video Surveillance Manager (7.9), Cisco IP Telephony, and Cisco Instant Connect. ICPAM 3.1 introduces upgrades and new features, including the ICPAM Data Center Cabinet Solution, Input Module support for the ICPAM EM-100 Power over Ethernet (PoE) edge controller, and support for the brand-new Hirsch Mx-1 Controller, Identiv’s PoE edge controller that manages a single fully supervised door for controlled entry and exit. Advanced PACS solution ICPAM is Identiv’s software platform developed to utilise Cisco’s IP networking technology to connect and manage Identiv’s physical access control system (PACS) hardware. ICPAM serves as a centralised manager application to configure controllers and readers, monitor activity, enroll users, create identification badges, and integrate with security and IT applications and data stores. The upgrades to ICPAM 3.1 allow Identiv to offer a robust, full-featured PACS solution that utilises existing Cisco IP as its backbone. “At Cisco, we strive to shape the future of the Internet of Things (IoT) by delivering unprecedented value to our customers and ecosystem partners. That’s why we launched Cisco Kinetic, an operations platform designed to unlock the power of data from the billions of connected devices being added to the network,” said Riaz Raihan, Cisco Global VP and GM, Chief Product Officer, IoT. “In the two years since Identiv has re-imagined ICPAM, the company has been revolutionising access control in the connected world with every new iteration of ICPAM. With the addition of input module and data center support in ICPAM 3.1, we’re seeing sensors connected into access systems and mission-critical, regulation-mandated security data woven into business processes. We’re thrilled to watch this evolution. In working closely with our customers and partners, we’re launching ICPAM 3.1 with upgrades serving immediate opportunities,” said Mark Allen, Identiv General Manager, Physical Access. “New features include our high-density ICPAM Data Center Cabinet Solution, Input Module support for the ICPAM EM-100 Controller, and support for our new PoE edge Hirsch Mx-1 Controller.” "ICPAM 3.1 is by far the strongest iteration of the platform to date" ICPAM Data Center Cabinet Solution New to version 3.1, the high-density ICPAM Data Center Cabinet Solution utilises an end-of-row reader to significantly reduce cost per rack, cutting the cost of cabinet access control by up to half. The new solution allows organisations facing regulatory regulations in the United States and European Union — including ECHR, HIPAA, FCRA, and ECPA — an audit trail of whom had access to which equipment containing sensitive data. ICPAM 3.1 also brings Input Module support for the ICPAM EM-100 PoE edge controller and integration with the new PoE edge Hirsch Mx-1 Controller, bringing full-featured Hirsch access control to the edge, managing a single door, and plugging directly into enterprise environments. Pushing access control to the edge means lower cost, less maintenance, less burden on the network, and more time to focus on the important data being processed and areas being protected. The compromises required by other edge controllers with fewer features, lower power, and less security are eliminated with Mx-1, which brings the complete feature set, security, and scalability of Hirsch’s Mx line to single-door installations. Full-featured and secure access control "ICPAM 3.1 is by far the strongest iteration of the platform to date," added Mr. Allen. “By including support for our new PoE Mx-1, we’re able to minimise cable runs and wiring costs, making full-featured and secure access control affordable and available at just about every door in a facility. It’s what our customers and partners need and deserve.”, he concludes. ICPAM 3.1 and compatible Cisco products, including Cisco’s video management and communications solutions, are available now through the worldwide network of Cisco sellers and resellers.
Identiv, Inc. has announced the latest update to its award-winning Hirsch Velocity Software for access control and security management. The newest release adds enhanced communications protocols, government-grade biometric support, and new Velocity and Hirsch ScramblePad features to the integrated platform that manages access control and security operations in thousands of facilities around the world. Multi-factor biometric devices To provide full compliance with Federal Identity, Credential, and Access Management (FICAM) for Enterprise Physical Access Control System (EPACS) solutions, Velocity now supports Open Supervised Device Protocol (OSDP) communications between Identiv’s Hirsch Controllers, uTrust TS Government FICAM-enabled card readers, and Hirsch TS ScramblePads, providing advanced encryption options and the ability to download and update reader firmware from Velocity Software. Identiv’s OSDP implementation allows Velocity to support key third-party authentication devices — like the Veridt Stealth Series multi-factor biometric devices — that combine card, personal identification number (PIN), fingerprint, and digital certificate validation for very strong identity authentication at critical doors. More efficient security and facility management In addition, the Velocity update includes feature enhancements requested by users and partners, including the ability to override normal system settings in emergency situations, expanded relay and device controls for more efficient security and facility management, and a more cost-effective way to control exit as well as entry at controlled doors. “The latest update to Velocity delivers real value by leveraging new technology on a security management platform that is secure, interoperable, and sustainable,” said Mark Allen, Identiv General Manager, Physical Access. “Not only do our new customers get all of these features, but virtually every Hirsch customer for the last 20+ years can upgrade to this latest version and take advantage of our new features and new technology without sacrificing their existing investment.” Identiv will demonstrate the latest version of Hirsch Velocity Software at ASIS 2017 on September 26 – 28, 2017 in Dallas, Texas. Velocity is available now through the worldwide network of Hirsch partners.
Identiv Hirsch physical access solutions include Velocity and Mx Controllers Identiv, Inc., recently announced that it will present its Hirsch and ICPAM physical access solutions in booth 8053 at ISC West 2016 in Las Vegas, Nevada on April 6 - 8, 2016. ISC West is the leading physical security event and aims to unite the entire security channel, including dealers, installers, integrators, specifiers, consultants, and end-users of physical, network, and IT products. Hirsch physical access solutions “Identiv’s Hirsch government-grade physical access solutions are backed with more than thirty years of physical security experience and features. Our solutions are designed and developed with the most secure facilities in mind, but are priced to install anywhere,” said Mark Allen, Identiv General Manager, Physical Access Systems. “Identiv helps protect museums, jails, federal training facilities, high-profile personnel, parking garages, airports, retail shops, gold mines, and many more installations that need a complete, secure, easy-to-install-and-maintain system. Government certifications, including FICAM, are also available for any installation.” Identiv’s robust, reliable, and feature-rich Hirsch physical access solutions include Velocity and Mx Controllers. Velocity is an integrated software platform that manages access control and security operations in hundreds of different facilities, from single high-security rooms to multi-building, multi-location campuses. Velocity allows end-users to control doors, gates, turnstiles, elevators, and other building equipment, monitor users as they move around a facility, prevent unwanted access, maintain compliance, and provide a robust audit trail. Live demonstration of Velocity software Identiv’s Hirsch Mx Controllers are designed to integrate seamlessly with current systems, ensuring that existing credentials, readers, and user databases can be retained. The Mx Controller is the core of Identiv’s physical access control solutions and its modular design and scalable architecture enable an installation to start small and grow large, from a single controller system to a larger, multi-site enterprise. During ISC West, Identiv will be providing demos of its Velocity software, including CCTV and DVR integrations, and Mx Controllers. During the event, Identiv will also be showcasing its FICAM solution for the U.S. federal government, uTrust Physical Access Readers — including its TS (TouchSecure) family of readers and category-defining Hirsch ScramblePads — credentials, and smart card readers. Identiv is the go-to solution for the federal government, including FICAM compliance, with the fastest, most cost-effective, federally compliant, IPv6 support on the market, and is featured on the approved FICAM solutions list. Identiv IoE solution for data aggregation Identiv will also provide demos of its ICPAM solution at ISC West. The Identiv Connected Physical Access Manager (ICPAM) solution is a distributed intelligent physical access control solution, providing state-of-the-art secure access to facilities using standards-based networking, is backwards compatible for legacy wiring topologies and devices, and seamlessly integrates within the Cisco security ecosystem. The ICPAM solution is available immediately through Cisco Authorised Technology Provider (ATP) Partners. “Through our partnership with Cisco, we are fulfilling the concept of convergence, leveraging the entire Cisco infrastructure and application ecosystem,” added Mr. Allen. “ICPAM is an Internet of Everything (IoE) solution, allowing data aggregation from physical access systems through IP-connected devices, unified security operations, and information sharing.” ISC West 2016 runs April 6 - 8, 2016 at Sands Expo in Las Vegas, Nevada.
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