SCM Microsystems Announces Departure of Chief Financial Officer
30 Septiembre 2009 - 4:00AM
PR Newswire (US)
SANTA ANA, Calif. and ISMANING, Germany, Sept. 30
/PRNewswire-FirstCall/ -- SCM Microsystems, Inc. (Nasdaq: SCMM;
Prime Standard: SMY), a leading provider of solutions for secure
access, secure identity and secure exchange, today announced that
Stephan Rohaly is resigning from his position as chief financial
officer effective today, in order to spend more time with his
family. Rohaly, who was appointed CFO in March 2006, has been
commuting between Munich and Frankfurt on a weekly basis, a
distance of some 320 miles. Martin Wimmer, Vice President Corporate
Finance, will act as interim CFO until a new chief financial
officer is named. Rohaly will remain available to assist SCM with
any transition matters through March 2010. "SCM Microsystems is a
unique company with tremendous potential. I joined the Company
because I believed in the management team and in their vision, and
this has not changed," said Stephan Rohaly. "I am proud of the
strategic progress SCM has made during my tenure, including a major
restructuring of the Company in 2007, our merger with Hirsch
Electronics in the first half of this year and most recently our
plan to combine with Bluehill ID. The decision to leave has been
very difficult. However, it is time to seek new challenges closer
to home so that I can spend more time with my young family." "The
SCM Microsystems Board of Directors and I regret that Stephan has
decided to leave the Company as he is a very talented individual
and has been an asset to the leadership team. We are especially
grateful for his contributions to our recently announced agreement
with Bluehill ID," said Felix Marx, chief executive officer of SCM
Microsystems, Inc. "At the same time, we respect his decision and
appreciate his consideration in remaining available to help the
Company during our transition period. We wish Stephan all the best
in his future endeavors." About SCM Microsystems SCM Microsystems
(Nasdaq: SCMM; Prime Standard: SMY) is a global leader in security
and identity solutions for secure access, secure identity and
secure exchange. Together with its Hirsch Electronics subsidiary,
SCM provides complete, integrated solutions that secure digital
assets, electronic transactions and facilities. The company offers
the world's broadest range of contact, contactless and mobile smart
card reader technology; physical and logical access control
systems; digital identity transaction platforms; biometrics; and
digital video. SCM's solutions enable a wide variety of
applications including enterprise security, identity management,
contactless payment, e-health and electronic government services.
For additional information, visit http://www.scmmicro.com/ and
http://www.hirschelectronics.com/. Additional Information to be
Filed with the SEC THIS COMMUNICATION IS FOR INFORMATION PURPOSES
ONLY AND SHALL NOT CONSTITUTE AN OFFER TO SELL OR THE SOLICITATION
OF AN OFFER TO BUY SECURITIES, NOR SHALL THERE BE ANY SALE OF
SECURITIES IN ANY JURISDICTION IN WHICH SUCH SOLICITATION OR SALE
WOULD BE UNLAWFUL PRIOR TO REGISTRATION OR QUALIFICATION UNDER THE
SECURITIES LAWS OF SUCH JURISDICTION. Security holders of SCM are
urged to read the Registration Statement AND Proxy Statement and
other documents filed with the SEC regarding the proposed
transaction with bluehill carefully and in their entirety when they
become available because they will contain important information
about the proposed transaction. In addition to the documents
described above, SCM files annual, quarterly and current reports,
proxy statements and other information with the SEC. Security
holders will be able to obtain free copies of the Registration
Statement and the proxy statement (when available) and other
documents filed by SCM with the SEC at the SEC's website at
http://www.sec.gov/ or at SCM's website at
http://www.scmmicro.com/. Forward Looking Statements This
communication 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.
These include, without limitation, our statements contained above
regarding the proposed transaction with Bluehill and other
statements that are not historical facts. These statements involve
risks and uncertainties that could cause actual results and events
to differ materially, including the failure of stockholders to
approve the transaction or that the transaction may not close. For
a discussion of further risks and uncertainties related to SCM's
business, please refer to our public company reports and the Risk
Factors enumerated therein, including our Annual Report on Form
10-K for the year ended December 31, 2008 and subsequent reports,
filed with the SEC. SCM undertakes no duty to update any
forward-looking statement to reflect any change in SCM's
expectations or any change in events, conditions or circumstances
on which any such statements are based. DATASOURCE: SCM
Microsystems, Inc. CONTACT: Annika Oelsner, +49 89 9595-5220, , or
Darby Dye, +1-949-553-4251, , both of SCM Microsystems, Inc. Web
Site: http://www.scmmicro.com/
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