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Identive Announces New Management Appointments

Identive Group, Inc. Logo

SANTA ANA, Calif. and ISMANING, Germany, Oct. 4, 2012 (GLOBE NEWSWIRE) -- Identive Group, Inc. (Nasdaq:INVE) (Frankfurt:INV), a provider of products and services for the identification, security and RFID industries, today announced that it has streamlined and strengthened its management team with two new appointments.

Michael Ganzera has been tapped for the newly created corporate role of vice president Marketing & Communication. Ganzera joined the Company in 2008 and most recently has served as vice president Marketing & Business Development for Identive's Identification Products division. Ganzera's professional background includes 13 years in management roles within the smart card, contactless and payment industries. Prior to Identive, Ganzera held a variety of senior positions in engineering, product management, marketing and business development with NXP Semiconductors' Identification Products Group. Ganzera's education includes a Master's degree in electrical engineering and broadcasting from the Technical University of Graz in Austria. In his new, broader role Ganzera will have responsibility for refining, coordinating and communicating the Company's strategies, solutions and capabilities to the marketplace.

Markus Gyssler has been named managing director, ID Solutions Germany, with responsibility for Identive's Multicard and Payment Solutions businesses. In this role Gyssler will consolidate the capabilities of the Company's existing teams and resources to unify ID systems and solutions activities in Germany. The combined Identive ID Solutions business will focus on expanding the Company's engagement with smart city projects, multi-function ID card solutions and cashless payment systems.

Gyssler brings more than 15 years' experience in senior roles in project management, marketing, sales, business development, finance and operations gained in a number of global technology companies within the software, hardware and digital media industries. Prior to joining Identive, Gyssler was with the Actano Group, a Zurich-based project management solutions firm, where he held a variety of senior management positions, including most recently managing director for the XPERTS consulting arm of Actano GmbH. Earlier in his career Gyssler served in senior management roles with BetaResearch GmbH, the technology center of the KirchGroup, heading the product management division and several other units within the pay-TV sector. He holds a degree in Mechanical Engineering from the Technical University Munich and an MBA from the University of California at Berkeley.

"I am thankful for the commitment and hard work of Achim Hirz and Juergen Mueller who have recently departed the Company, and I am pleased to welcome Markus Gyssler to Identive in this important new role. Since its acquisition in early 2012, clear synergies have emerged between payment solution and our existing Multicard business, and we believe Markus will help to propel this process forward," stated Ayman S. Ashour, chairman and chief executive officer of Identive. "As we continue to consolidate our various brands under Identive, Michael Ganzera's experience in global communication and deep technological know-how makes him the ideal choice to broaden the awareness and acceptance of the Identive brand in the marketplace."

About Identive

Identive Group, Inc. (Nasdaq:INVE) (Frankfurt:INV) is focused on building the world's signature company in Secure ID. The company's products, software, systems and services address the markets for identity management, physical and logical access control, cashless payment, NFC solutions and a host of RFID-enabled applications for customers in the government, enterprise, consumer, education and healthcare sectors. Identive's mission is to build a lasting business of scale and technology based on a combination of strong technology-driven organic growth and disciplined acquisitive expansion. The company delivers up-to-date information on its activity as well as industry trends through its industry-leading social media initiatives and educational resource, AskIdentive.com. For additional information, please visit www.identive-group.com or follow on Twitter at @IdentiveGroup.

The Identive Group, Inc. logo is available at http://www.globenewswire.com/newsroom/prs/?pkgid=8072

CONTACT: Darby Dye, +1 949 553-4251 ddye@identive-group.com Lennart Streibel, +49 89 9595-5195 lstreibel@identive-group.com

Source:Identive Group, Inc.