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8-K - FORM 8-K - Identiv, Inc. | f54662e8vk.htm |
EX-10.1 - EX-10.1 - Identiv, Inc. | f54662exv10w1.htm |
Exhibit 99.1
IDENTIVE GROUP EXPANDS EXECUTIVE MANAGEMENT TEAM
Melvin Denton-Thompson Named CFO/COO, Dr. Manfred Mueller
Named CEO of SCM Microsystems Business Unit
Melvin Denton-Thompson Named CFO/COO, Dr. Manfred Mueller
Named CEO of SCM Microsystems Business Unit
SANTA ANA, Calif. and ISMANING, Germany, January 21, 2010 SCM Microsystems, Inc.,
d.b.a. Identive Group (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 expanded its management team with the addition of three new executives in line
with the announced reorganization of its management structure. All appointments are effective
January 19, 2010.
Melvin Denton-Thompson has been appointed CFO and COO, responsible for financial strategy and
performance of Identive Group as well as operational monitoring and reporting of the Group
companies. Denton-Thompson brings extensive international experience in a number of
industries, particularly in security products, electronics and aviation. Previously, he
served as CFO/COO of Bluehill ID AG until its recent business combination with SCM
Microsystems. Prior to this he served as CFO and Deputy CEO of the global hospitality
division of Assa Abloy, which provides secure access products for the hotel, marine and
related industries. Denton-Thompson has also worked as a management consultant specializing
in acquisition management and turnaround for numerous European companies. He holds an
engineering degree from the University of Leeds and an MBA from the Cranfield School of
Management in the UK.
John S. Rogers has joined Identive as Executive Vice President, Transition Management and
Acquisition Integration. Rogers will continue to focus on managing the integration of
acquired businesses and ensuring efficient post acquisition work as he did for Bluehill ID
prior to joining Identive. Rogers has over 20 years experience working experience in sales,
manufacturing, technology, operations and management consulting in a variety of industries,
including RFID and automotive. Previously, he was Vice President of Strategy with
responsibility for acquisitions and restructuring for ITGs RFID division of Assa Abloy and
as CFO and later CEO of Sokymat SA, one of the worlds leading suppliers of RFID
transponders. Rogers also has served as a financial consultant with various organizations
including Arthur Andersen, Banque
Paribas and Merrill Lynch. He holds a BBS and an MA from Trinity College Dublin as well as a
European Masters in Business Administration from the European School of Management
(ESCP-EAP).
Joseph Tassone has been appointed Executive Vice President of Technology and Product
Management, responsible for technology cross fertilization between business units, effective
utilization of R&D resources and supporting Identives M&A strategy. Tassone brings more than
15 years experience in the software, security and ID industry, serving both technology
startups and established solutions providers. Previously, he served as Executive Vice
President of Technology and Product Management of Bluehill ID until its recent business
combination with SCM. Tassone is the former President and CEO of Syscan International, now a
business unit of Identive Group focused on RFID for agriculture and asset management. He also
is the founder/CEO of iMonitor Corp., a software supplier to the card access and security
market, and served as Chief Technology Officer of Simplex, where he led the companys entry
into the access control and security market. Tassone holds an MSEE degree from Northeastern
University and obtained his undergraduate BSEE degree from the University of Massachusetts at
Lowell.
In addition to these new executive additions, Dr. Manfred Mueller has been promoted to Chief
Executive Officer of the SCM Microsystems business unit. Formerly Mueller served as Executive
Vice President Strategic Sales and Business Development for SCM after holding various
management positions in the company since 2000.
About Identive Group
Identive Group (NASDAQ: INVE; Frankfurt Stock Exchange: INV) is an international organization
focused on building the worlds 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
organizations 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: www.identive-group.com.
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Contacts: |
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United States:
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Europe: | |
Darby Dye
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Fabien B. Nestmann | |
+1 949 553-4251
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+41 44 783 8043 | |
ddye@identive-group.com
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fnestmann@identive-group.com |
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