FREMONT, Calif., April 15, 2015 (GLOBE NEWSWIRE) -- Identiv, Inc. (Nasdaq:INVE) today announced that it has entered into an agreement with Cisco Systems Inc. (Nasdaq:CSCO) to provide solutions for the Internet of Everything (IoE). The IoE is the intelligent connection of people, processes, data and things to the Internet, bringing unprecedented economic opportunities to both the private and public sectors. Initially, Identiv will deliver a next-generation, networked physical access control system (PACS) solution that interacts with other IoE elements, such as Cisco virtual supervisor module (VSM) cameras and Cisco voice-over-IP (VoIP) telephony products.
Identiv will offer a completely network based access control system, including credentials, advanced networked uTrust TS door sensors, Power-over-Ethernet (PoE) door controllers and access control software. Identiv is committed to disrupting the traditional physical access market by offering a fully network-based solution that is easy to buy and use. Customers will gain enhanced value, lower installation costs and less complexity by using standards-based network cabling, leading to reduced total cost of ownership (TCO) and improved return on investment (ROI).
"Everything is connecting, and physical access is no different," said Jason Hart, Identiv CEO. "Identiv is allowing customers to view physical access control as another element of the Internet of Everything. Our focus on identity as the new security perimeter allows us to build connected systems linking buildings, mobile devices, cloud services, and information systems that are easy to use, standards based, cost effective, and most importantly, secure."
Financial terms of the partnership were not disclosed.
For more information please visit www.identiv.com/ciscopartnership.
Identiv is a global security technology company that establishes identity in the connected world, including premises, information and everyday items. CIOs, CSOs and product departments rely upon Identiv's trusted identity solutions to reduce risk, achieve compliance and protect brand identity. Identiv's trust solutions are implemented using standards-driven products and technology, such as digital certificates, trusted authentication, mobility and cloud services. For more information, visit identiv.com.
Cisco is the worldwide leader in IT that helps companies seize the opportunities of tomorrow by proving that amazing things can happen when you connect the previously unconnected. For ongoing news, visit thenetwork.cisco.com.
Cisco and the Cisco logo are trademarks or registered trademarks of Cisco and/or its affiliates in the U.S. and other countries. A listing of Cisco's trademarks can be found at cisco.com/go/trademarks. Third-party trademarks mentioned are the property of their respective owners. The use of the word partner does not imply a partnership relationship between Cisco and any other company.
CONTACT: Identiv Media Contacts: Angela Lestar MSLGROUP 781-684-0770 firstname.lastname@example.org Investor Relations Contacts: David Isaacs/Leah Polito Sard Verbinnen & Co 415-618-8750 identiv-IR@sardverb.com