EANS-News: Identive Group Inc. / Multicard and Rabobank deploy Cashless Payment Solution

Virtual wallet works with existing mobile phones

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Marketing

Subtitle: Virtual wallet works with existing mobile phones

Oud-Beijerland, the Netherlands - March 22, 2011 (euro adhoc) -
Multicard, a leading supplier of credential solutions, identity
management and system integration services and a business unit of
Identive Group, Inc. (NASDAQ: INVE, Frankfurt: INV), today announced
the roll-out of its mobile cashless payment solution with Rabobank,
one of Netherland´s largest financial services companies. Rabobank
selected Multicard to provide the e-payment stickers and related
services that will enable users to make purchases using their current
mobile phones, directly from a virtual wallet. Multicard and Rabobank
have been working closely to fine tune the solution and now are
deploying it to canteens and cafeterias within Rabobank´s national
network of offices.

"The vision of having an electronic wallet and simply waiving your
phone in front of a terminal to purchase goods and services has
become real. Rabobank and Multicard are at the leading edge of this
trend, already delivering a mobile payment solution that provides
security and convenience and that works with existing mobile phones.
Every day, more than 1,500 people are using the application to pay
for lunch or make small purchases with their mobile phones," said
Pieter Kooistra, Managing Director of Multicard Netherlands. "This
virtual wallet can be accessed and managed over the Internet rather
than having to be loaded with value at special banking terminals, and
payments can be made using a mobile phone or a contactless token such
as a key fob or wristband."

In addition to providing personalization and fulfillment services for
the program, Multicard will provide mobile phone applications to
transfer money, check balance and top-up money to the wallet, as well
as handle management of all transactions, incorporating Rabobank´s
MiniTix payment engine. Intended for small retail transactions,
MiniTix can be used by virtually anyone, regardless of the user´s
mobile operator or mobile phone brand. Rabobank currently is signing
up additional merchants and facilities such as schools, cafés and
sport venues to participate in the program, so that participants will
be able to use their existing phone stickers to pay for food,
beverages, event programs and the like.

About Multicard

Multicard, a business unit of Identive Group, Inc. (NASDAQ: INVE;
Frankfurt: INV), is a worldwide supplier of card solutions for secure
identification programs, with in-house capabilities for credential
issuance, personalization and fulfillment for the consumer,
government, education, healthcare, smart community and corporate
markets. Multicard offers a complete open payment platform, ID
systems management and engineering services as well as full
implementation and program management. Multicard also is a provider
of enrollment, emergency management and accreditation solutions using
government or corporate IDs. For additional information, visit
www.multicard.com.

Identive Group, Inc. is a leading provider of products, services and
solutions for the security, identification and RFID industries. For
more information, please visit www.identive-group.com.

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

Further inquiry note:

Frau Annika Oelsner
Tel.: +49 89 9595-5220
E-Mail: investorrelations@identive-group.com

Branche: Computing & Information Technology
ISIN: US45170X1063
WKN: A1C0ZG
Index: NASDAQ
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