Identive Group Adopts New Stock Symbols
15 1월 2010 - 4:30PM
PR Newswire (US)
NASDAQ:INVE and FSE:INV Reflect Company's New Name SANTA ANA,
Calif. and ISMANING, Germany, Jan. 15 /PRNewswire-FirstCall/ -- SCM
Microsystems, Inc. d.b.a. Identive Group, a leading provider of
products, services and solutions for the security, identification
and RFID industries, has adopted new stock trading symbols,
effective today. On the NASDAQ Stock Exchange, the stock symbol has
changed from SCMM to INVE. On the Prime Standard of the Frankfurt
Stock Exchange, the stock symbol has changed from SMY to INV. The
new trading symbols correspond with the new name under which the
company is now operating, Identive Group. As approved by Identive
Group's stockholders, 15,299,797 new shares of Identive Group have
been issued to the accounts of Bluehill ID shareholders who
accepted the voluntary public exchange offer to tender their shares
in the recently completed business combination. As a result,
Identive Group now has 40,434,782 common shares outstanding.
Identive Group intends to seek stockholder approval in the future
to amend its certificate of incorporation to officially change its
name and in the interim will continue to file its annual, quarterly
and current reports under SCM Microsystems, Inc. The individual
operating businesses of Identive Group will continue to use their
existing brands, which include SCM Microsystems, Hirsch, Multicard,
Tagstar; Arygon, Syscan and ACiG Technology. About Identive Group
SCM Microsystems d.b.a Identive Group (Nasdaq: INVE; Prime
Standard: INV) is an international operating organization focused
on building the world's signature company in secure
identification-based technologies. Through its group of recognized
brands, Identive provides 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. The organization's growth
model is based on a combination of disciplined acquisitive
development and strong technology-driven organic growth from its
member companies. For additional info visit:
http://www.identive-group.com/. DATASOURCE: SCM Microsystems, Inc.;
Identive Group CONTACT: United States, Darby Dye of SCM
Microsystems, Inc., +1-949-553-4251, , or Europe, Fabien B.
Nestmann of Identive Group, +41 44 783 8043, Web Site:
http://www.scmmicro.com/ http://www.identive-group.com/
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