Identive Promotes Jason Hart to CEO
03 Septiembre 2013 - 1:30AM
Identive Group, Inc. (Nasdaq:INVE) (Frankfurt:INV), a provider of
solutions and services for the identification, security and RFID
industries, announced that its board of directors has appointed
Jason Hart as chief executive officer and director, effective
immediately. Hart replaces Ayman S. Ashour, who has resigned his
executive role but will remain on the board of directors as
non-executive chairman. Hart previously served as executive vice
president of Identive's Identity Management and Cloud Solutions
division.
"There is a major shift occurring in both information and access
technology as companies, governments and individuals embrace
powerful, flexible new approaches such as cloud services and mobile
access," said Hart. "We intend to focus Identive's core products
and technologies to drive a leadership position in these expanding
markets. In particular, we see a significant opportunity to provide
our customers with a clear pathway to Identity-as-a-Service and
secure authentication on mobile devices using NFC technology. In
the coming months we expect to share more details of plans to
simplify our operations and strengthen our go-to-market
capabilities. On a personal note, I would like to thank Ayman for
his vision, leadership and service in putting together the strong
technology foundation to support our market strategy."
"Jason is an experienced leader with the skill and acumen to
accelerate Identive's focus towards the cloud and mobility era,"
said Ayman S. Ashour, Chairman of the Identive Board. "His ability
to deliver innovative technology solutions and profitable growth is
key to the company's success going forward."
Jason Hart Biography
Hart, 42, is a 25-year veteran of the technology industry with a
substantial track record of innovation and success, including more
than 20 years leading security companies. Hart joined Identive in
2011 following the acquisition of idOnDemand, a company he
co-founded that pioneered the delivery of smart card-based identity
solutions via a cloud service. Prior to idOnDemand, he served as
CEO and director of ActivIdentity, a publicly-traded provider of
identity assurance and strong authentication solutions. Hart joined
Actividentity in 2005 through the acquisition of Protocom
Development Systems, Inc., an identity management software security
business that he founded and led as CEO. Additionally, Hart was the
2002 Ernst and Young, Australian Young Entrepreneur and holds
multiple U.S. and international patents.
About Identive
Identive Group, Inc. (Nasdaq:INVE); (Frankfurt:INV)
provides solutions that address the markets for identity
management, physical and logical access control, NFC solutions and
a host of RFID-enabled applications for customers in the
government, enterprise, consumer, education and healthcare
sectors.
Safe Harbor Statement
This press release contains forward-looking statements within
the meaning of Section 27A of the Securities Act of 1933, as
amended, and Section 21E of the Securities Exchange Act of 1934, as
amended. Forward-looking statements can be identified by words such
as "anticipates," "believes," "plans," "will," "intends,"
"expects," and similar references to the future. Examples of such
statements include our intention to focus our business around core
products and technologies, our aim to drive leadership in the cloud
services and mobile access markets, and our expectation that Jason
Hart's leadership will enable us to accomplish these goals. These
statements are based on current expectations or beliefs, as well as
a number of assumptions about future events that are subject to
risks and uncertainties that may cause actual results to differ
materially from those contemplated herein. Readers should not
unduly rely on these forward-looking statements, which are not a
guarantee of future performance and are subject to a number of
risks and uncertainties, many of which are outside our control,
that could cause our actual business and operating results to
differ. Factors that could cause actual results to differ
materially from those in the forward-looking statements include our
ability to successfully develop and commercialize new products and
solutions that satisfy the evolving and increasingly complex
requirements of customers; our ability to finance continued
investments in technology, products and manufacturing capacity to
develop products and solutions for the market; whether the markets
in which we participate or target may grow, converge or standardize
at anticipated rates or at all, including the markets that we are
targeting; our ability to successfully compete in the markets in
which we participate or target; our ability to meet our sales
forecasts; our ability to meet financial covenants of our loan
agreement; our ability to meet growing demand for our products; and
general global political and economic factors which are beyond our
control but may unduly impact our markets and our business. For a
discussion of further risks and uncertainties related to our
business, please refer to our public company reports, including our
Annual Report on Form 10-K for the year ended December 31, 2012 and
subsequent reports filed with the U.S. Securities and Exchange
Commission.
Note: Identive and the Identive logo 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.
CONTACT: Identive:
Darby Dye
+1 949 553 4251
ddye@identive-group.com
Lennart Streibel
+49 89 9595 5195
lstreibel@identive-group.com
LHA:
Kirsten Chapman and Becky Herrick
+1 415 433 3777
identive@lhai.com
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