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INVE Identiv Inc

5.05
0.03 (0.60%)
After Hours
Last Updated: 23:25:22
Delayed by 15 minutes
Share Name Share Symbol Market Type
Identiv Inc NASDAQ:INVE NASDAQ Common Stock
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  0.03 0.60% 5.05 5.05 5.19 5.05 4.95 5.00 87,979 23:25:22

Identiv Expands Global Distribution of Smart Card Readers and Credentials in Partnership with Leading Saudi Arabian Security ...

21/11/2017 2:00pm

GlobeNewswire Inc.


Identiv (NASDAQ:INVE)
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Identiv, Inc.  (NASDAQ:INVE) today announced the company has entered into a distribution partnership with Development Trading Company (DTC), the first and leading security printing and services company in Saudi Arabia. In partnership with DTC, Identiv will bring its portfolio of highly secure smart card reader technology and credentials to the Middle East for the first time. This global expansion reflects Identiv’s goal to make affordable, high-security access and identification solutions universally available.

Utilized around the world, Identiv’s smart card-based products and solutions enable security and identification applications, transaction systems, and e-health and e-government applications. Identiv’s smart card reader portfolio features the broadest variety of contact, contactless, and mobile smart card reader and terminal technology, and digital identity and transaction platforms. Available in varied form factors, Identiv’s comprehensive, end-to-end portfolio of credentials can be used for physical and logical access control, converged access solutions for building and computer access, transit payment, brand protection, time and attendance, cashless vending, and Internet of Things (IoT) applications. Identiv’s cards are available as single-technology credentials, multi-technology, or credentials with a contact chip for high-assurance deployments using digital certificates. DTC joins Identiv’s 400+ distribution partners and customers in over 50 countries worldwide.

“Identiv shares DTC’s enthusiasm of forging into the connected future of physical and logical access control,” said Dr. Manfred Mueller, Identiv COO and General Manager, Smart Card Readers and Transponders. “For the first time ever, Identiv will offer its complete portfolio of smart card reader technology and credentials to the Middle East, made possible by this exciting new partnership.”

“DTC is focused on bringing radio frequency identification (RFID), brand authenticity, document protection, secure credentials, and the highest security access control to the Middle East,” said Sultan M. Al Ammari, DTC Operations Manager. “We are thrilled to partner with Identiv, the most trusted global provider of physical security and secure identification solutions, and provide our partners with Identiv’s cutting-edge smart card reader and credential technology.”

For more information, or to order Identiv’s credentials or smart card-card based products and solutions, call +1 888-809-8880 or email sales@identiv.com.

Identiv is proud to be connected to a growing number of national distribution partners who support the company’s smart card reader, credential, and radio frequency (RFID), near field communication (NFC), and inlay business units. This expert network of security solution distributors supports the industry by delivering progressive, innovative technology to their customers. To join Identiv’s Partner Program or learn more, visit identiv.com/partners.

About Identiv Identiv, Inc. is a global provider of physical security and secure identification. Identiv’s products, software, systems, and services address the markets for physical and logical access control and a wide range of RFID-enabled applications. Customers in the government, enterprise, consumer, education, healthcare, and transportation sectors rely on Identiv’s access and identification solutions. Identiv's mission is to secure the connected physical world: from perimeter to desktop access, and from the world of physical things to the Internet of Everything. Identiv is a publicly traded company and its common stock is listed on the NASDAQ Capital Market in the U.S. under the symbol “INVE.” For more information, visit identiv.com.

About DTC Development Trading Company (DTC) is one of the first, leading companies to specialize in security printing and services in the Kingdom of Saudi Arabia and the Gulf Region. The company is focused on security printing, security materials, access control and machinery, currency printing, passports, ID cards, and government security documents. For more information, visit dtc.com.sa.

Identiv Media Contact: press@identiv.com

DTC Arabia Media Contact:Sultan M. Al Ammari, Operations Managersultan@dtc.com.sa

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