SANTA ANA, Calif. and ISMANING, Germany, Feb. 20, 2013 (GLOBE NEWSWIRE) -- Identive Group, Inc. (Nasdaq:INVE) (Frankfurt:INV), a provider of solutions and services for the identification, security and RFID industries, today announced that it is scheduling shipment of 9.5 million SmartCore™ card cores to address over 25 design wins with contactless smart card manufacturers worldwide, new customer orders and partner demand. The combined shipments are valued at nearly $2.5 million and include a significant order for 8 million card cores to be delivered in the second quarter of 2013, which will be used to manufacture multi-function door key and payment cards for the consumer travel and leisure industry.
Increasing Demand For SmartCore(TM) Establishes Identive In High-growth Contactless Smart Card Market
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