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EANS-News: Identive Group Inc. / Identive's Cashless Betalen™ Mobile Payment Solution Implemented at NXP Semiconductors

Geschrieben am 21-12-2012

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Corporate news transmitted by euro adhoc. The issuer/originator is solely
responsible for the content of this announcement.
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Marketing

SANTA ANA, Calif. and ISMANING, Germany, December 21, 2012 (euro
adhoc) - Identive Group, Inc. (NASDAQ: INVE; Frankfurt: INV), a
provider of solutions and services for the identification, security
and RFID industries, today announced that its Cashless Betalen™
mobile payment system has been implemented by NXP Semiconductors
(NASDAQ: NXPI) at its production facility in Nijmegen, The
Netherlands. The system currently allows up to 2,600 NXP employees to
make quick, secure micro-payments in the company's cafeteria with a
tap of their mobile phones. Since implementation of the system in
early December, two of four payment terminals in the café have been
designated as 'fast lanes' that accept Cashless Betalen.

Cashless Betalen is a cashless payment application used with the
digital wallet offered by Rabobank, one of Holland's leading banks.
Identive provides the user interface and account management software
platform for the wallet. In addition, a near field communication
(NFC) sticker from Identive, based on MIFARE DESFire EV1 chip
technology from NXP, enables employees' phones to access and use the
Cashless Betalen system.

"We are pleased that Identive is using our MIFARE DESFire EV1 chip in
the Cashless Betalen NFC sticker. The MIFARE DESFire EV1 platform
used in these stickers is common criteria certified to ensure secure
transactions, NFC Forum Tag Type 4 compliant and field proven in many
closed-loop micro-payment schemes around the world. This is a win -
win cooperation for both companies and illustrates the positive
relationship that NXP and Identive have built over the last years,"
said Martin Gruber, general manager, MIFARE Product Line, NXP
Semiconductors. A short video of Cashless Betalen in action at NXP
Nijmegen is available on Identive's website at http://www.identive-gr
oup.com/en/index.php?option=com_k2&view=latest&layout=latest&Itemid=2
43.

Cashless Betalen also features a mobile app based on the iOS, Android
and Blackberry mobile operating systems that allows employees to
check account balances, transfer funds and monitor account activity
using their smartphones; account information is also available via
the Internet. In addition to NXP, more than 100 company canteens,
high schools and international schools in The Netherlands have now
implemented Cashless Betalen.

"NXP is the co-inventor of NFC technology and the clear market leader
in NFC ICs, and mobile applications are an important area of market
growth. NXP's selection of Identive to provide their internal mobile
payment solution is a positive acknowledgment for us, both as a
partner and as a technology leader in our own right," said Pieter
Kooistra, Managing Director of Identive B.V.

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.

Note: Identive, the Identive logo and Cashless Betalen are trademarks
of Identive Group, Inc, registered in many jurisdictions worldwide.
All other company, product or service names may be trademarks or
registered trademarks of others and are the property of their
respective owners.

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

end of announcement euro adhoc
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company: Identive Group Inc.
Carnegie Ave., Bldg. B 1900
US-CA 92705 Santa Ana
phone: +1 949 553 4280
FAX: +49 89 9595-5555
mail: investorrelations@identive-group.com
WWW: http://www.identive-group.com
sector: Computing & Information Technology
ISIN: US45170X1063
indexes: NASDAQ
stockmarkets: free trade: Berlin, München, Hamburg, Düsseldorf, Stuttgart,
Nasdaq: New York, Open Market / Entry Standard: Frankfurt
language: English


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