EANS-News: Identive Group Inc. / Identive Group to acquire Smartag

Acquisition further strengthens core RFID technology, expands UHF
product line and adds manufacturing capacity

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Mergers - Acquisitions - Takeovers

Subtitle: Acquisition further strengthens core RFID technology,
expands UHF product line and adds manufacturing capacity

Santa Ana, Calif., Ismaning, Germany and Singapore, November 1, 2010
(euro adhoc) - Identive Group, Inc. (NASDAQ: INVE; Frankfurt Stock
Exchange: INV), a provider of products, services and solutions for
the security, identification and RFID industries, today announced
that it has entered into an agreement with the France-based Group FCI
SA to acquire FCI´s Smartag subsidiary, a Singapore-based
manufacturer of RFID inlays and inlay applications, as well as an
associated portfolio of RFID and related patents and other
intellectual property. The transaction is expected to close during
November 2010, subject to customary closing terms and conditions.

Smartag specializes in high performance design and production of high
frequency (HF) and ultra high frequency (UHF) RFID transponders and
inlay-based solutions including labels and tags used for asset
tracking, cards and stickers used for e-payment and ticketing
transactions, and NFC labels used to enable secure payments with
mobile devices. Smartag´s ability to utilize multiple antenna
technologies and designs allows them significant versatility in
customizing solutions for different applications.

"Smartag is a perfect fit for Identive; it complements our
European-based transponders and components business with similar
capabilities in Singapore, opening up new opportunities and channels
in the Asia Pacific market while adding needed manufacturing capacity
to our group," said Ayman S. Ashour, chairman and chief executive
officer of Identive Group. "Having two manufacturing sites in
different key markets gives us additional flexibility and the
increased capacity will also help fuel our growth in emerging
technologies such as RFID-based cashless payments, where our
solutions are experiencing rapid growth."

"We are pleased with this announcement, which will position Smartag
in the right context for executing on its growth strategy. We believe
that Identive is a very good partner with a strong RFID expertise and
focus which will enable Smartag to develop its full potential," said
Christophe Duverne, corporate vice president and general manager of
FCI Microconnections. "We wish the Smartag team success with this
next step in their development."

"We are excited to join the Identive Group, which has a strong focus
on the RFID industry. We have known the Identive team for many years
and are pleased to be joining them as colleagues," said Tian Siong
Lian, co-founder of Smartag. "I take the opportunity to thank the FCI
group which was very supportive during the last three years and gave
Smartag a global exposure."

About Identive Group Identive Group, Inc. (NASDAQ: INVE; Frankfurt
Stock Exchange: INV) is an international technology company focused
on building the world´s signature group in secure
identification-based technologies. The businesses within Identive
Group have deep industry expertise and are well-known global brands
in their individual markets, providing leading-edge products and
solutions in the areas of physical and logical access control,
identity management and RFID systems to governments, commercial and
industrial enterprises and consumers. Identive´s growth model is
based on a combination of strong technology-driven organic growth
from the businesses within the group and disciplined acquisitive
development. For additional info visit: www.identive-group.com.

About FCI With operations in 30 countries, FCI is a leading
manufacturer of connectors. Our 13,600 employees are committed to
providing customers with high-quality, innovative products for a wide
range of consumer and industrial applications. For more information
visit: www.fci.com.

About Smartag Smartag is a leading producer of HF and UHF RFID inlays
and smart tags. The company is specialized in the production of
customized and form-adapted inlays used for labeling high value and
security relevant goods. For additional information visit:
www.smartag.sg.

end of announcement euro adhoc
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ots Originaltext: Identive Group Inc.
Im Internet recherchierbar: http://www.presseportal.de

Further inquiry note:

Herr Fabien B. Nestmann

Tel.: +49 89 9595-5544

E-Mail: investorrelations@identive-group.com

Branche: Computing & Information Technology
ISIN: US45170X1063
WKN: A1C0ZG
Index: Prime All Share, NASDAQ
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