This Day On The Street
Continue to site right-arrow
ADVERTISEMENT
This account is pending registration confirmation. Please click on the link within the confirmation email previously sent you to complete registration.
Need a new registration confirmation email? Click here
Cramer's Action Alerts PLUS - See his portfolio and get alerts BEFORE every trade. Learn more NOW!

Identive's Smart Card Reader Technology To Strengthen Digital Security For Hong Kong Police

SANTA ANA, Calif. and ISMANING, Germany, March 4, 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 the Hong Kong Police Force will deploy smart card readers based on Identive's technology to comply with new security policies and protect confidential information. Identive's local partner AMCL HK has been awarded a tender to supply 12,500 readers utilizing Identive's smart card reader technology, to be delivered in the first quarter of 2013.

To prevent unauthorized access and abuse of confidential information from its networks, the Hong Kong Police Force is implementing new IT policies that include the use of smart card-based identification credentials to authenticate its employees. This will provide higher security than the use of a password alone and also make it possible to track what information has been accessed and by whom. Identive designed and supplied the chipsets for the readers to accommodate both contact and contactless smart cards as well as secure access modules (SAM).

"Identive is a trusted supplier of smart card reader technology for government applications around the world, based on many years' experience providing both standard and customized solutions to match each customer's needs. The Hong Kong Police Force selected our reader technology because it addresses their requirements for high security and performance, flexibility to work with various operating systems, and rapid availability. The ability to upgrade the firmware after deployment also ensures the readers' long-term viability even as technology and IT policies evolve. By using Identive's reader technology to authenticate their smart ID cards, Hong Kong's police force now can protect the information on their networks more effectively without compromising convenience," said Dr. Manfred Mueller, COO of Identification Products for Identive Group.

Identive offers a wide range of standards-based smart card readers and chipsets for a variety of government and consumer applications, including electronic ID, social security and eGovernment as well as loyalty programs, e-Couponing, e-Banking, online shopping and gaming activities.

1 of 2

Check Out Our Best Services for Investors

Action Alerts PLUS

Portfolio Manager Jim Cramer and Director of Research Jack Mohr reveal their investment tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
Quant Ratings

Access the tool that DOMINATES the Russell 2000 and the S&P 500.

Product Features:
  • Buy, hold, or sell recommendations for over 4,300 stocks
  • Unlimited research reports on your favorite stocks
  • A custom stock screener
Stocks Under $10

David Peltier uncovers low dollar stocks with serious upside potential that are flying under Wall Street's radar.

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
14-Days Free
Try it NOW
Only $9.95
Try it NOW
14-Days Free
Try it NOW

Check Out Our Best Services for Investors

Dividend Stock Advisor

David Peltier identifies the best of breed dividend stocks that will pay a reliable AND significant income stream.

Product Features:
  • Diversified model portfolio of dividend stocks
  • Updates with exact steps to take - BUY, HOLD, SELL
Trifecta Stocks

Every recommendation goes through 3 layers of intense scrutiny—quantitative, fundamental and technical analysis—to maximize profit potential and minimize risk.

Product Features:
  • Model Portfolio
  • Intra Day Trade alerts
  • Access to Quant Ratings
Options Profits

Our options trading pros provide over 100 monthly option trading ideas and strategies to help you become a well-seasoned trader.

Product Features:
  • Actionable options commentary and news
  • Real-time trading community
Try it NOW
Try it NOW
Try it NOW
To begin commenting right away, you can log in below using your Disqus, Facebook, Twitter, OpenID or Yahoo login credentials. Alternatively, you can post a comment as a "guest" just by entering an email address. Your use of the commenting tool is subject to multiple terms of service/use and privacy policies - see here for more details.
Submit an article to us!
SYM TRADE IT LAST %CHG

Markets

DOW 18,109.20 +12.30 0.07%
S&P 500 2,098.53 -9.25 -0.44%
NASDAQ 4,967.1410 -12.76 -0.26%

Partners Compare Online Brokers

Free Reports

Free Newsletters from TheStreet

My Subscriptions:

After the Bell

Before the Bell

Booyah! Newsletter

Midday Bell

TheStreet Top 10 Stories

Winners & Losers

Register for Newsletters
Top Rated Stocks Top Rated Funds Top Rated ETFs